MIRA INFORM REPORT

 

 

Report No. :

335563

Report Date :

08.08.2015

 

IDENTIFICATION DETAILS

 

Name :

JAF GLOBAL GMBH

 

 

Formerly Known As :

JAF GLOBAL SALES GMBH

 

 

Registered Office :

Gerbergasse 2, A-2000 Stockerau

 

 

Country :

Austria

 

 

Year of Establishment :

2014

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Subject is engaged in wholesale of wood.

 

 

No. of Employee :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

                                       New Business

 

--

 

Status :

New business 

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

Austria

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

AUSTRIA - ECONOMIC OVERVIEW

 

Austria, with its well-developed market economy, skilled labor force, and high standard of living, is closely tied to other EU economies, especially Germany's. Its economy features a large service sector, a relatively sound industrial sector, and a small, but highly developed agricultural sector. Economic growth was anemic at less than 0.5% in 2013 and 2014, and growth in 2015 is not expected to exceed 0.5%. Austria’s 5.6% unemployment rate, while low by European standards, is at an historic high for Austria. Without extensive vocational training programs and generous early retirement, the unemployment rate would be even higher. Public finances have not stabilized even after a 2012 austerity package of expenditure cuts and new revenues. On the contrary, in 2014, the government created a “bad bank” for the troubled nationalized “Hypo Alpe Adria” bank, pushing the budget deficit up by 0.9% of GDP to 2.4% and public debt to 84.5% of the GDP. Although Austria's fiscal position compares favorably with other euro-zone countries, it faces several external risks, such as Austrian banks' continued exposure to Central and Eastern Europe, repercussions from the Hypo Alpe Adria bank collapse, political and economic uncertainties caused by the European sovereign debt crisis, the current crisis in Russia/Ukraine, the recent appreciation of the Swiss Franc, and political developments in Hungary.

 

Source : CIA


Company name and address

 

JAF GLOBAL GMBH

 

Gerbergasse 2, A-2000 Stockerau

 

Phone:              (0043) 2266 605 - 38

E-mail:              info@frischeis.com

Internet:            http://www.jag-group.com

 

 

Activities

 

ÖNACE 46731 100% Wholesale of wood

 

 

Financial data

 

Financial details can also be entered during the period, irrespective of the balance sheet date.

 

total turnover (total sales)

2014

EUR

10.000.000,00

(approx.)

 

total employees

2015

 

 

(not available)

 

 

General company information

 

Company name

JAF GLOBAL GMBH

Year of incorporation

2014

Type of company

Wholesale and retail trade; repair of motor vehicles

Legal form

limited liability company since 2014-08-25

Companies house number

FN 421147 i Korneuburg  since 2014-08-29

Import

Cameroon

Gabun

2015

2015

Export

China

Indonesia

Vietnam

2015

2015

2015

VAT number

ATU 68937038

number - Austrian National Bank

17791030

Banking connection

UniCredit Bank Austria AG

BLZ 12000

related firms'accounts

 

 

Locations

 

operational

A-2000 Stockerau, Gerbergasse 2

registered office

operational

A-2000 Stockerau, Gerbergasse 2

registered headquarters

 

0043 2266 605155

0043 2266 60538

info@frischeis.com

 

 

Private data

 

Surname

Date of birth

Address

Executive positions

Further executive positions (as registered in the companies' house)

Mag. Alexander Flatischler

1978-01-07

A-2000 Stockerau

Hauptstraße 36

manager

2

Mag. Markus Sax

1978-08-22

A-1100 Wien

Moselgasse 12

manager

1

Teemu Korhonen

1979-03-04

A-2000 Stockerau

Gerbergasse 2

joint signing clerk

0

 

 

related companies

 

Company name

Address

Shareholdings in %

Since

Commercial register no.

Shares in this company are held by:

Holzwerkstoffe Vertriebsholding Aktiengesellschaft

A-2000 Stockerau

Gerbergasse 2

100 %

2014-08-29

FN 66107 t

 

 

 

 

Affiliated companies and further participations:

J. u. A. Frischeis Gesellschaft m.b.H.

A-2000 Stockerau

Gerbergasse 2

 

 

FN 64543 t

JAF ZENGERER GmbH

A-8055 Graz Puntigam

Herrgottwiesgasse 170

 

 

FN 51519 p

JAF Kapitalbeteiligungs GmbH

A-2000 Stockerau

Gerbergasse 2

 

 

FN 225605 y

JAF International Services GmbH

A-2000 Stockerau

Gerbergasse 2

 

 

FN 232338 z

 

 

Commercial register

 

firm (style)

2      JAF Global GmbH

legal form

1      Gesellschaft mit beschränkter Haftung

registered office

1      politischer Gemeinde Stockerau

business adress

1      Gerbergasse 2
2000 Stockerau

capital

1      EUR 35.000

reference date annual accounts

1      31. Dezember
1   Erklärung über die Errichtung der Gesellschaft                      001
vom 25.08.2014
2   Generalversammlungsbeschluss  vom 08.09.2014                        002
Änderung des Gesellschaftsvertrages im Punkt Erstens

 

 

Proxy

 

D   Teemu Korhonen, geb. 04.03.1979
2        vertritt seit 08.09.2014 gemeinsam mit
einem Geschäftsführer

 

managing director

 

A   Mag. Alexander Flatischler, geb. 07.01.1978
2        vertritt seit 08.09.2014 gemeinsam mit
einem weiteren Geschäftsführer oder einem
Prokuristen
C   Mag. Markus Sax, geb. 22.08.1978
2        vertritt seit 08.09.2014 gemeinsam mit
einem weiteren Geschäftsführer oder
einem Prokuristen

 

shareholder

 

B   Holzwerkstoffe Vertriebsholding
Aktiengesellschaft
1        .......................  EUR 35.000
1        ..................................................  EUR 35.000
-------------------------------------------------------
Summen:              EUR 35.000                 EUR 35.000

 

general table

 

Landesgericht Korneuburg
1 eingetragen am 29.08.2014                  Geschäftsfall  33 Fr  1828/14 f
Antrag auf Neueintragung einer Firma  eingelangt am 27.08.2014
2 eingetragen am 12.09.2014                  Geschäftsfall  33 Fr  2061/14 y
Antrag auf Änderung  eingelangt am 09.09.2014

 

Historical development

 

Year of incorporation

2014

Date of registration

2014-08-29

 

 

Change of company name

 

from

to

company name

 

2014-09-12

JAF Global Sales GmbH

2014-09-12

 

JAF Global GmbH

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.81

UK Pound

1

Rs.98.93

Euro

1

Rs.69.66

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

ASH

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                  Payment record (10%)

Credit history (10%)                   Market trend (10%)                                Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.