MIRA INFORM REPORT

 

 

Report No. :

356452

Report Date :

30.12.2015

 

IDENTIFICATION DETAILS

 

Name :

BFT GMBH

 

 

Registered Office :

Industriepark 24, A-8682 Mürzzuschlag Hönigsberg

 

 

Country :

Austria

 

 

Financials (as on) :

31.03.2015

 

 

Year of Establishment :

1995

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of other machinery and equipment

 

 

No. of Employee :

Not Available

 

 

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 :

Satisfactory

 

 

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

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

 

BFT GMBH

 

Industriepark 24, A-8682 Mürzzuschlag Hönigsberg

 

Phone:

(0043) 3862 303

Fax:

(0043) 3862 303 - 4

 

 

Activities

 

ÖNACE 46690 100% Wholesale of other machinery and equipment

 

 

Financial data

 

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

 

total turnover (total sales)

2014

EUR

70.000,00

(estimated)

 

total employees

2015

 

 

(not available)

 

 

General company information

 

Company name

BFT GmbH

Year of incorporation

1995

Type of company

Wholesale and retail trade; repair of motor vehicles

Legal form

limited liability company since 1995-05-02

Companies house number

FN 133702 x Leoben since 1995-05-11

VAT number

ATU 38815001

number - Austrian National Bank

2518414

Last balance sheet:

2015

Banking connection

Raiffeisenbank Neunkirchen-Schwarzatal-Mitte

BLZ 32865

main bank connection

 

 

Locations

 

operational

A-8682 Mürzzuschlag Hönigsberg, Industriepark 24

registered office

operational

A-8682 Mürzzuschlag Hönigsberg, Industriepark 24

registered headquarters, rented premises

 

0043 664 1523326

0043 3862 303

 

former

A-8605 Kapfenberg, Werk-VI-Straße 52

registered office

former

A-2620 Ternitz, Flatzerstraße 27

registered office

former

A-2630 Ternitz, Dr. Holoubekstraße 8

registered office

former

A-2620 Ternitz, Flatzerstraße 27

registered headquarters

 

 

Private data

 

Surname

Date of birth

Address

Executive positions

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

Ing. Richard Grünbichler

1975-02-26

A-8600 Oberaich

Boarnweg 6

manager

2

Ing. Franz Trieb

1959-03-13

A-8605 Kapfenberg

Peter Turnergasse 17

manager

1

Mag. Helga Aichhorn

1956-10-30

A-2620 Neunkirchen

Mahrersdorf Flatzerstraße 27

individual signing clerk

3

 

 

ownership structure and related companies

 

Company name

Address

Shareholdings in %

Since

Commercial register no.

Shares in this company are held by:

Dr. Aichhorn GmbH

A-8605 Kapfenberg

Werk VIstraße 52

100 %

1996-11-22

FN 136865 y

 

Affiliated companies and further participations:

Ing.Mag.Dr.Harald Aichhorn

A-2630 Ternitz

Flatzerstraße 27

 

 

 

G. Völkl Gesellschaft m.b.H.

A-8712 Niklasdorf

Depotstraße 125

 

 

FN 85463 g

Legal proceeding number

123417A

Opening of legal proceeding

2010-11-24

Status quo of legal proceeding since

2011-04-04

Legal proceeding code

07750

Status quo of legal proceeding

Reorganisation plan (without self administration) has been fulfilled

BHDT GmbH

A-8605 Kapfenberg

Werk VIstraße 52

 

 

FN 77835 p

Elektromaschinenbau GmbH

A-8605 Kapfenberg

Werk VI Straße 52

 

 

FN 43311 v

Forstgut Dr. Aichhorn GmbH

A-8605 Kapfenberg

Werk VI Straße 52

 

 

FN 306725 t

 

 

Balance Sheet (absolute) all amounts in EUR

 

 

2015-03-31

Claims and other assets

191.279,59

Sum claims

191.279,59

 

Cash on hand, cheques and bank deposits

25.913,91

Sum cash and bank

25.913,91

 

Sum current assets

217.193,50

 

Assets

217.193,50

 

Subscribed/declared capital

36.336,42

Balance sheet profit/balance sheet loss

135.246,99

Thereof profit/loss carried forward

133.392,26

Sum equity capital

171.583,41

 

Liabilities

45.610,09

 

Sum liabilities

45.610,09

 

Liabilities and shareholders'equity

217.193,50

Balance sheet sum

217.193,50

 

 


Key ratios

 

 

2015

Equity capital share in %

79,00

Fixed assets coverage

0,00

 

Land Register

 

Note

 

No real estate property registered

 

 

Commercial register

 

Source of data from commercial register: Republic of Austria represented by the Federal Ministry of Justice

 

firm (style)

28      BFT GmbH

legal form

1      Gesellschaft mit beschränkter Haftung

registered office

29      politischer Gemeinde Mürzzuschlag

business adress

29      Industriepark 24
8682 Mürzzuschlag-Hönigsberg

capital

25      EUR 36.336,42

reference date annual accounts

8      31. März

annual accounts

30      zum 31.03.2015 eingereicht am 11.12.2015

power of representation

5      Die Gesellschaft wird, wenn mehrere Geschäftsführer
bestellt sind, durch zwei Geschäftsführer gemeinsam oder
durch einen von ihnen gemeinsam mit einem Prokuristen
vertreten.
Die Generalversammlung kann, auch wenn mehrere Geschäfts-
führer bestellt sind, einzelnen von ihnen selbständige
Vertretungsbefugnis erteilen.
1   Gesellschaftsvertrag  vom 02.05.1995                                001
Nachtrag vom 8.5.1995
5   Generalversammlungsbeschluss  vom 11.02.1997                        003
Neufassung des Gesellschaftsvertrages.
8   Generalversammlungsbeschluss  vom 20.01.1999                        004
Änderung des Gesellschaftsvertrages in § 4.
25   Gesellschaftsvertrag mit Generalversammlungsbeschluss               005
vom 24.03.2014
gemäß 1. Euro-JuBeG angepasst.
25   Generalversammlungsbeschluss  vom 24.03.2014                        006
Änderung des Gesellschaftsvertrages in den §§ 1, 2, 5 und 7
28   Generalversammlungsbeschluss  vom 25.03.2015                        007
Änderung des Gesellschaftsvertrages in § 1
29   Generalversammlungsbeschluss  vom 09.10.2015                        008
Änderung des Gesellschaftsvertrages in § 2

 

proxy

B   Mag. Helga Aichhorn, geb. 30.10.1956
2        vertritt seit 13.06.1995 selbständig

 

managing director

D   Ing. Franz Trieb, geb. 13.03.1959
28        vertritt seit 25.03.2015 gemeinsam mit
einem/einer weiteren Geschäftsführer/in oder
einer/einem Prokuristin/Prokuristen
E   Ing. Richard Grünbichler, geb. 26.02.1975
28        vertritt seit 25.03.2015 gemeinsam mit
einem/einer weiteren Geschäftsführer/in oder
einer/einem Prokuristin/Prokuristen

 

shareholder

C   Dr. Aichhorn GmbH
25        .......................  EUR 36.336,42
25        ..................................................  EUR 36.336,42
-------------------------------------------------------
Summen:              EUR 36.336,42              EUR 36.336,42

 

general table

Landesgericht Wiener Neustadt
1 eingetragen am 11.05.1995                  Geschäftsfall   1 Fr  1111/95 h
Antrag auf Neueintragung einer Firma  eingelangt am 05.05.1995
2 eingetragen am 17.06.1995                  Geschäftsfall   1 Fr  1393/95 y
Antrag auf Änderung  eingelangt am 14.06.1995
3 eingetragen am 22.11.1996                  Geschäftsfall   1 Fr  2880/96 v
Antrag auf Änderung  eingelangt am 25.10.1996
5 eingetragen am 22.02.1997                  Geschäftsfall   1 Fr   835/97 w
Antrag auf Änderung  eingelangt am 13.02.1997
8 eingetragen am 03.02.1999                  Geschäftsfall   1 Fr   554/99 z
Antrag auf Änderung  eingelangt am 22.01.1999
Landesgericht Leoben
25 eingetragen am 18.04.2014                  Geschäftsfall  38 Fr   514/14 a
Antrag auf Sitzverlegung  eingelangt am 26.03.2014
26 eingetragen am 23.04.2014                  Geschäftsfall  38 Fr   641/14 m
amtswegige Berichtigung
28 eingetragen am 03.04.2015                  Geschäftsfall  38 Fr   263/15 s
Antrag auf Änderung  eingelangt am 25.03.2015
29 eingetragen am 15.10.2015                  Geschäftsfall  38 Fr  1530/15 d
Antrag auf Änderung  eingelangt am 12.10.2015
30 eingetragen am 29.12.2015
Elektronische Einreichung Jahresabschluss  eingelangt am 11.12.2015

 

 

Historical development

 

Year of incorporation

1995

Date of registration

1995-05-11

 

 

Change of company name

 

from

to

company name

 

2014-04-18

BFT - Bearbeitungs- und Fluidtechnik GmbH.

2014-04-18

2015-04-03

BFT - Best Fluid Technology GmbH

2015-04-03

 

BFT GmbH

 

 

Change in share capital

 

from

to

asset

 

 

2014-04-18

ATS

500.000,00

2014-04-18

 

EUR

36.336,42

 

 

Former executives

 

from

to

position

name

 

2015-04-03

manager

Ing.Mag.Dr. Harald Josef Aichhorn

 

 

Former shareholders

 

from

to

position

name

birth date

1995-05-02

1996-11-22

partner

Ing.Mag.Dr. Harald Josef Aichhorn

1952-05-17

1995-05-02

1996-11-22

partner

Mag. Helga Aichhorn

1956-10-30

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.66.37

UK Pound

1

Rs.98.91

Euro

1

Rs.72.85

EURO

1

Rs. 72.62

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

HEE

 

 

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.