MIRA INFORM REPORT

 

 

Report No. :

329720

Report Date :

01.07.2015

 

IDENTIFICATION DETAILS

 

Name :

GF POWER CONSULTANT AND ENGINEERS GMBH

 

 

Registered Office :

Nr. 369 A-6200 Rotholz

 

 

Country :

Austria

 

 

Date of Incorporation :

2014

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

  • Repair of machinery.
  • Other retail sale of new goods n.e.c. in specialised stores.

 

 

No. of Employee :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

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

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

 

GF POWER CONSULTANT AND ENGINEERS GMBH

 

Nr. 369

A-6200 Rotholz

 

Phone:

(0043) 680 1153428

no telephone connection/fixed network

Fax:

no fax

E-mail:

office@gf-power.net

Internet:

http://www.gf-power.net

 

 

Activities

 

ÖNACE 47789 50% Other retail sale of new goods n.e.c. in specialised stores

ÖNACE 33120 50% Repair of machinery

 

 

Financial data

 

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

 

total turnover (total sales)

2014

 

 

(no figures known)

 

turnover (sales) - abbreviated financial year

2014

 

 

(no figures known)

 

total employees

2015

 

 

(exact)

 

 

General company information

 

Company name

GF Power Consultant and Engineers GmbH

Year of incorporation

2014

Type of company

Wholesale and retail trade; repair of motor vehicles

Legal form

limited liability company since 2014-04-30

Companies house number

FN 415743 m Innsbruck  since 2014-05-13

number - Austrian National Bank

17548080

Banking connection

Raiffeisenkasse Buch

BLZ 36272

main bank connection

 

 

Locations

 

operational

A-6200 Rotholz, Nr. 369

registered headquarters, rented premises

 

0043 680 1153428

no telephone connection/fixed network

office@gf-power.net

operational

A-6220 Buch Tirol, Rotholz 369

registered office

 

 

Private data

 

Surname

Date of birth

Address

Executive positions

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

Gregor Furtner

1973-01-19

A-6200 Rotholz

Nr. 369

manager partner

0

 

 

related companies

 

Company name

Address

Shareholdings in %

Since

Commercial register no.

Shares in this company are held by:

Gregor Furtner

A-6200 Rotholz

Nr. 369

100 %

2014-05-13

 

 

Affiliated companies and further participations:

Gregor Furtner

A-6200 Rotholz

Nr. 369

 

 

 

 

 

Land Register

 

Note

No real estate property registered

 

 


Commercial register

 

firm (style)

1      GF Power Consultant and Engineers GmbH

legal form

1      Gesellschaft mit beschränkter Haftung

registered office

1      politischer Gemeinde Buch in Tirol

business adress

1      Rotholz 369
6220 Buch in Tirol

capital

1      EUR 35.000
Gründungsprivilegierung

reference date annual accounts

1      31. Dezember

power of representation

1      Die Vertretungsbefugnis der Geschäftsführer wird im
jeweiligen Bestellungsbeschluss geregelt.
1   Erklärung über die Errichtung der Gesellschaft                      001
vom 30.04.2014

managing director

A   Gregor Furtner, geb. 19.01.1973
1        vertritt seit 13.05.2014 selbständig

shareholder

A   Gregor Furtner, geb. 19.01.1973
1        ...........  EUR 35.000
1        ..........................  EUR 10.000
1        ...................................................  EUR 5.000
SUMME     --------------------------------------------------------
EUR 35.000     EUR 10.000                EUR 5.000

general table

Landesgericht Innsbruck
1 eingetragen am 13.05.2014                  Geschäftsfall  61 Fr   801/14 g
Antrag auf Neueintragung einer Firma  eingelangt am 02.05.2014

 

 

Historical development

 

Year of incorporation

2014

Date of registration

2014-05-13

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.75

UK Pound

1

Rs.100.12

Euro

1

Rs.71.20

 

 

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%)

 

 

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