MIRA INFORM REPORT

 

 

Report No. :

337076

Report Date :

19.08.2015

 

IDENTIFICATION DETAILS

 

Name :

DANZER VENEER EUROPE GMBH

 

 

Registered Office :

Göllstraße20 A -5082 Grödig

 

 

Country :

Austria

 

 

Financials (as on) :

31.12.2014

 

 

Date of Incorporation :

31.07.1987

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

  • Wholesale of wood.
  • Agents involved in the sale of timber and building materials.

 

 

No. of Employee :

22 (Approx.)

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Status :

Moderate

 

 

Payment Behaviour :

No complaints

 

 

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

A2

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

 

DANZER VENEER EUROPE GMBH

 

Göllstraße20

A -5082 Grödig

 

Phone :

(0043) 6246 72155

Fax:

(0043) 6246 76182

E-mail:

info@danzer.at

Internet:

http://www.danzer.at

 

 

Activities

 

ÖNACE

46130 60%

Agents involved in the sale of timber and building materials

ÖNACE

46731 40%

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

1.880.000,00

(estimated)

total turnover (total sales)

2013

EUR

1.880.000,00

(approx.)

total turnover (total sales)

2012

EUR

1.950.000,00

(approx.)

total turnover (total sales)

2011

EUR

1.878.300,00

(approx.)

total turnover (total sales)

2010

EUR

1.998.355,00

(approx.)

total company vehicles

2015

 

6

(approx.)

cars

2015

 

6

(approx.)

total employees

2015

 

22

(approx.)

 

 

General company information

 

Company name

Danzer Veneer Europe GmbH

 

 

Year of incorporation

1965

 

 

 

Type of company

Wholesale and retail trade; repair of motor vehicles

Legal form

limited liability company since1987-07-31

 

Trade names

Danzer Group Salzburg

 

 

Companies house number

FN 64162 g Salzburg since1987-08-17

 

 

Import

world-wide

 

2014

 

 

world-wide

 

2015

 

 

 

 

 

 

Export

world-wide

 

2014

 

 

world-wide

 

2015

 

 

 

 

 

 

VAT number

ATU 34884505

 

 

 

 

 

 

number - Austrian National490920

 

 

Bank

 

 

 

 

 

 

 

 

 

Last balance sheet:

2014

 

 

 

 

 

 

 

Banking connection

UniCredit Bank Austria AG

 

BLZ 11000

main bank connection

 

 

Locations

 

operational

A -5082

Grödig, Göllstr20.

registered office

operational

A -5082

Grödig, Göllstraße20

address according to licence of trade

 

 

 

 

 

operational

A -5082

Grödig, Göllstraße20

registered headquarters, owned prop- erty

 

0043 6246 72155

info@danzer.at

 

 

Private data

 

Surname

Date of birth

Address

Executive posi- tions

Further executive positions (as reg- istered in the com- panies' house)

 

 

 

 

 

 

Olof Freiherr von

1951-09-01

D -72766 Reutlingen

manager

0

 

Gagern

 

Badstraße 15

 

 

 

 

 

 

 

 

 

Rudi Heinzelmann

1960-02-09

D -93426 Roding

manager

0

 

 

 

Eichendorffstraße1

 

 

 

 

 

 

 

 

 

WalterMooslechner

1973-06-11

A -5351 Aigen Voglhub

manager

0

 

 

 

Aigen 344

 

 

 

 

 

 

 

 

 

UlrikeMühlbacher

1972-04-30

A -5082 Grödig

joint signing clerk0

 

 

Göllstraße20(c/o)

head of account- ing

 

 

 

 

related companies

 

Company name

 

Address

Sharehold-

Since

Commercial

 

 

 

ings in %

 

register no.

 

 

 

 

 

 

Shares in this company are held by:

 

 

 

 

Danzer Holding AG

 

A -6850 Dornbirn

100 %

2015-01-16

FN 422370 h

 

 

Hintere Achmühler-

 

 

 

 

 

straße1

 

 

 

 

 

Balance Sheet

 

(absolute)all amounts in EUR

 

 

2014-12-31

 

Intangible assets

951,33

Sum intangible assets

951,33

Tangible assets

2.866.577,00

Sum tangible assets

2.866.577,00

Financial assets

36,34

Sum financial assets

36,34

Sum fixed assets

2.867.564,67

Stocks

18.041.309,04

Sum stock

18.041.309,04

Claims and other assets

4.372.259,60

Sum claims

4.372.259,60

Cash on hand, cheques and bank deposits

43.087,78

Sum cash and bank

43.087,78

Sum current assets

22.456.656,42

Deferred charges

355,50

Sum deferred charges

355,50

Assets

25.324.576,59

Subscribed/declared capital

150.000,00

Profit reserves

695.335,81

Balance sheet profit/balance sheet loss

3.282.178,09

 

 

 

Thereof profit/loss carried forward

2.967.272,01

Sum equity capital

4.127.513,90

Other reserves before taxes

89.448,00

Sum reserves before taxes

89.448,00

Reserves

536.551,29

Sum reserves

536.551,29

Liabilities

20.571.063,40

Sum liabilities

20.571.063,40

Liabilities

25.324.576,59

Balance sheet sum

25.324.576,59

 

 

Key ratios

 

 

2014

Equity capital share in %

16,65

Fixed assets coverage

147,05

 

 

Land Register

 

Last check

 

 

2014-12-05

 

 

 

 

Entry number

Cadastral

Journal number

 

community

 

811

Grödig

384/2014

 

S 56515

 

 

 

Section A – type of property:

 

GST-NR

G BA (NUTZUNG)

*

FLÄCHE  GST-ADRESSE

 

578

G GST-Fläche

7654

 

Bauf.(10)

5021

 

 

Sonst(50)

2633

4448

 

580/1

G GST-Fläche

*

 

Bauf.(10)

3686

Göllstraße 20

 

Sonst(50)

762

 

593/4

G GST-Fläche

*

4635

 

Bauf.(10)

136

 

 

Gärten(10)

4499

16737

 

GESAMTFLAECHE

 

 

Legende:

 

 

 

 

Bauf.(10): Bauflächen (Gebäude)

 

Gärten(10): Gärten (Gärten)

 

 

Sonst(50): Sonstige (Betriebsflächen)

 

1

a 4136/1986 Sicherheitszone hins Gst 580/1

 

2

a 4211/1996 Antrag Liegenschaftseigentümer Zuschreibung Gst 578

 

aus EZ 1129

 

 

 

3

a 282/1986 7206/1995 Sicherheitszone hins Gst 578

 

b 4211/1996 Übertragung der vorangehenden Eintragung(en) aus EZ 1129

 

4

a 11594/2002 Kaufvertrag 2001-11-22 Zuschreibung Gst 593/4 aus EZ 375

 

b 11594/2002 Kaufvertrag 2001-11-22 Zuschreibung Gst 593/1 aus EZ 659,

 

Einbeziehung in Gst 593/4 (P 909/2001)

 

5

a 704/1932 Grunddienstbarkeit des Geh- und Fahrtweges, der elektrischen

 

Kraft- und Licht-Stromleitung sowie Wasserleitung an Gst 593/2

 

b 11594/2002 Übertragung der vorangehenden Eintragung(en) aus EZ 375

 

6

a 1667/1933 Grunddienstbarkeit des Geh- und Fahrtweges, der elektrischen

 

Licht- und Kraftstromleitung sowie Wasserleitung an Gst 593/3

 

b 11594/2002 Übertragung der vorangehenden Eintragung(en) aus EZ 375

 

7

a 503/1986 6890/1986 11594/2002 Sicherheitszone hins Gst 593/4

 

b 11594/2002 Übertragung der vorangehenden Eintragung(en) aus EZ 375

 

11  a 384/2014 Geh- und Fahrtrecht auf Gst 580/7 zugunsten Gst 578 580/1

 

593/4

 

 

 

 

 

 

Section B – ownership structure:

 

 

 

 

 

 

1

ANTEIL: 1/1

 

 

 

Karl Danzer Gesellschaft mbH

 

 

ADR: Göllstr. 20, Grödig

5082

 

c 10197/1988 IM RANG 11440/1987 Urkunde 1987-09-02 Eigentumsrechtf gelöscht

 

 

Section C – encumbrances:

 

1  a 6624/2009 Pfandurkunde 2009-06-19

Höchstbetrag EUR 4.500.000,--

 

PFANDRECHT

 

für UniCredit Bank Austria AG (FN 150714p)

Beträge in ATS

 

Eintragungen ohne Währungsbezeichnung sind

 

Grundbuch 05.12.2014 10:12:34

 

 

 

 

 


Commercial register

 

firm (style)

31

Danzer Veneer Europe GmbH

 

 

 

 

 

 

 

 

 

 

legal form

1

Gesellschaft mit beschränkter Haftung

 

 

 

 

 

 

 

 

 

 

registered office

1

politischer Gemeinde Grödig

 

 

 

 

 

 

 

 

 

 

 

 

business adress

1

Göllstr. 20

 

 

 

 

 

 

5082 Groedig

 

 

 

 

 

 

 

 

 

 

 

 

 

capital

10

EUR 150.000

 

 

 

 

 

 

 

 

 

 

 

 

 

reference date annual ac

-1

31. Dezember

 

 

 

 

 

counts

 

 

 

 

 

 

 

 

 

 

 

 

 

annual accounts

36

zum 31.12.2014 eingereicht am 03.07.2015

 

 

 

 

 

 

 

 

 

power of representation

1

Sind mehrere Geschäftsführer bestellt, vertreten je zwei ge-

 

 

 

 

meinsam oder ein Geschäftsführer gemeinsam mit einem Pro-

 

 

 

 

kuristen, doch kann auch selbständige Vertretungsbefugnis

 

 

 

 

erteilt werden.

vom 31.07.1987

001

 

 

 

1

Gesellschaftsvertrag

 

 

 

1

Der Gesellschaftsvertrag wurde mehrfach geändert, zuletzt

002

 

mit

Beschluss der Generalversammlung  vom 04.12.1987

003

 

2

Verschmelzungsvertrag

vom 12.09.1997

 

2

Generalversammlungsbeschluss

vom 12.09.1997

004

 

Diese Gesellschaft wurde als

 

 

 

 

übernehmende Gesellschaft mit der

 

 

 

 

Karl Danzer Holding-

 

 

 

 

 

Gesellschaft m.b.H.

 

 

 

 

 

(FN 56049 a)

 

 

 

 

 

als übertragender Gesellschaft verschmolzen.

 

 

 

Sitz der übertragenden Gesellschaft in 5082 Grödig.

005

 

10

Gesellschaftsvertrag mit Generalversammlungsbeschluss

 

vom 09.12.2002

 

 

 

 

 

gemäß 1. Euro-JuBeG angepasst.

vom 09.12.2002

006

 

10

Generalversammlungsbeschluss

 

Kapitalerhöhung um EUR 4.654,33.

 

 

 

 

Änderung des Gesellschaftsvertrages im Punkt 5.

007

 

10

Generalversammlungsbeschluss

vom 09.12.2002

 

Änderung des Gesellschaftsvertrages in den Punkten 8., 10.,

 

 

 

14. und 15.

 

vom 17.11.2014

008

 

31

Generalversammlungsbeschluss

 

Änderung des Gesellschaftsvertrages in Punkt Zweitens.

009

 

34

Geschäftsübertragungsvertrag vom 27.11.2014

 

Übernahme des Teilbetriebes der Danzer Europe Veneer AG

 

 

 

(Registernummer CH-170.3.028.665-1 Handelsregister Zug

 

 

 

Schweisz) und zwar:

 

 

 

 

 

"Handel, Produktion und Vertrieb mit Furnieren und anderen

 

 

 

Holzprodukten"

 

 

010

 

34

Haftungsausschluss gemäß § 38 UGB

 

 

 

 

 

 

 

 

Proxy

 

H

Ulrike Mühlbacher, geb. 30.04.1972

 

 

 

 

31

vertritt seit 29.11.2014 gemeinsam mit

 

 

 

einem/einer weiteren Geschäftsführer/in oder

 

 

 

einer/einem Prokuristin/Prokuristen

 

 

 

 

Managing Director

 

 

 

 

 

 

 

 

 

 

 

 

 

 

G

Walter Mooslechner, geb. 11.06.1973

 

 

 

 

31

vertritt seit 29.11.2014 gemeinsam mit

 

 

 

einem/einer weiteren Geschäftsführer/in oder

 

 

 

einer/einem Prokuristin/Prokuristen

 

 

 

 

K

Olof Freiherr von Gagern, geb. 01.09.1951

 

 

 

31

vertritt seit 17.11.2014 gemeinsam mit

 

 

 

einem/einer weiteren Geschäftsführer/in oder

 

 

 

einer/einem Prokuristin/Prokuristen

 

 

 

 

L

Rudi Heinzelmann, geb. 09.02.1960

 

 

 

 

31

vertritt seit 17.11.2014 gemeinsam mit

 

 

 

einem/einer weiteren Geschäftsführer/in oder

 

 

 

einer/einem Prokuristin/Prokuristen

 

 

 

 

Shareholder

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

M

Danzer Holding AG

 

 

 

 

 

35

......................  EUR 150.000

EUR 150.000

 

35

.................................................

 

-------------------------------------------------------

 

 

 

Summen:

EUR 150.000

EUR 150.000

 

 

 

General Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Landesgericht Salzburg

 

Geschäftsfall 911 Fr

1299/93 d

 

1 Ersterfassung abgeschlossen am 30.11.1993

 

Ersterfassung gem. Art. XXIII Abs. 4 FBG

Geschäftsfall

24 Fr

6523/97 z

 

2 eingetragen am 22.10.1997

 

 

 

Antrag auf Änderung

eingelangt am 18.09.1997

24 Fr

8130/02 z

10

eingetragen am 08.01.2003

Geschäftsfall

Antrag auf Änderung

eingelangt am 18.12.2002

45 Fr

8226/07 p

17

eingetragen am 20.12.2007

Geschäftsfall

Antrag auf Änderung

eingelangt am 13.12.2007

45 Fr

1473/14 w

29

eingetragen am 16.04.2014

Geschäftsfall

Antrag auf Änderung

eingelangt am 10.04.2014

45 Fr

9400/14 b

31

eingetragen am 29.11.2014

Geschäftsfall

Antrag auf Änderung

eingelangt am 25.11.2014

24 Fr 10788/14 p

34

eingetragen am 23.12.2014

Geschäftsfall

Antrag auf Änderung

eingelangt am 09.12.2014

24 Fr

183/15 b

35

eingetragen am 16.01.2015

Geschäftsfall

Antrag auf Änderung

eingelangt am 14.01.2015

 

 

36

eingetragen am 07.07.2015

eingelangt am 03.07.2015

 

Elektronische Einreichung Jahresabschluss

 

 

 

Historical Development

 

Year of incorporation

 

1965

 

 

 

 

 

 

 

 

 

Date of registration

 

1987-08-17

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Change Of Company Name

 

 

 

 

 

to

 

company name

 

 

 

 

 

 

 

 

 

 

 

 

 

2014-11-29

 

Karl Danzer Gesellschaft m.b.H.

 

 

 

 

 

 

 

 

 

Danzer Veneer Europe GmbH

 

 

 

 

Change In Share Capital

 

 

 

 

 

to

 

asset

 

 

 

 

 

 

 

 

 

 

 

 

 

2003-01-08

 

ATS

2.000.000,00

 

 

 

 

 

 

 

 

 

EUR

150.000,00

 

 

Former Executives

 

 

 

 

 

to

 

position

 

name

 

 

 

 

 

 

 

 

 

 

2001-02-10

 

manager

 

Günter Nolden

 

 

 

 

 

 

 

2008-01-18

 

manager

 

Gottfried Pfister

 

 

 

 

 

 

 

2009-10-07

 

manager

 

Walter Mooslechner

 

 

 

 

 

 

 

2009-05-06

 

individual signing clerk

 

Walter Mooslechner

 

 

 

 

 

 

 

2014-04-16

 

individual signing clerk

 

Walter Mooslechner

 

 

 

 

 

 

 

2014-11-29

 

individual signing clerk

 

Ulrike Mühlbacher

 

 

 

 

 

 

 

2001-02-10

 

joint signing clerk

 

Gottfried Pfister

 

 

 

 

 

 

 

 

2008-01-18

 

2009-05-06

 

manager

 

Hartleff Reschop

 

 

 

 

 

 

 

 

1993-01-05

 

2001-03-13

 

joint signing clerk

 

Christine Loschek

 

 

 

 

 

 

 

 

2009-10-07

 

2014-04-16

 

manager

 

Erhard Bühler

 

Former shareholders

 

 

 

 

 

 

from

 

to

 

position

 

name

 

 

 

 

 

 

 

 

 

 

 

2003-01-08

 

2015-01-16

 

partner

 

Danzer GmbH

 

 

 

 

 

 

 

 

 

 

1997-10-22

 

partner

 

Karl Danzer Holding- Gesellschaft m.b.H.

 

 

 

 

 

 

 

 

1997-10-22

 

2009-11-20

 

partner

 

Danzer Anlagen und Beteili- gungen GmbH

 

Mergers

 

 

 

 

 

 

 

 

On

 

position

 

 

 

name

 

 

 

 

 

 

 

 

 

 

 

 

1997-10-22

 

merged with

 

 

 

Karl Danzer Holding- Gesellschaft m.b.H.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.65.22

UK Pound

1

Rs.102.23

Euro

1

Rs.72.39

 

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

ANK

 


 

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.