|
Report No. : |
329719 |
|
Report Date : |
05.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
HUECK FOLIEN GESELLSCHAFT M.B.H. |
|
|
|
|
Registered Office : |
Gewerbepark 30, A-4342 Baumgartenberg |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
25.10.1971 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Subject is manufacture of plastic plates, sheets, tubes
and profiles |
|
|
|
|
No. of Employee : |
250 (2015) |
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 |
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|
|
|
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 |
HUECK FOLIEN GESELLSCHAFT M.B.H.
Gewerbepark 30
A-4342 Baumgartenberg
Phone: (0043) 7269 7570
Fax: (0043)
7269 6616
E-mail: office@hueck-folien.at
Internet: http://www.hueck-folien.at
ÖNACE 22210 100% Manufacture of plastic plates, sheets,
tubes and profiles
Financial details can also be entered during
the period, irrespective of the balance sheet date.
|
total turnover (total sales) |
2014 |
EUR |
45.000.000,00 |
(approx.) |
|
total turnover (total sales) |
2013 |
EUR |
48.445.231,86 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR |
41.368.224,59 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR |
46.757.133,58 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR |
41.113.259,99 |
(exact) |
|
total stock |
2015 |
EUR |
7.000.000,00 |
(approx.) |
|
total investments |
2013 |
EUR |
3.532.626,54 |
(exact) |
|
total company vehicles |
2015 |
|
17 |
(exact) |
|
total employees |
2015 |
|
250 |
(approx.) |
|
Company name |
HUECK FOLIEN GESELLSCHAFT M.B.H. |
||||||
|
Year of incorporation |
1971 |
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Type of company |
Manufacturing |
||||||
|
Legal form |
limited liability company since 1971-10-25 |
||||||
|
Companies house number |
FN 80720 g Linz since 1971-11-03 |
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Import |
|
||||||
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Export |
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||||||
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ARA-number |
1903 |
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VAT number |
ATU 23486207 |
||||||
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number - Austrian National Bank |
47589 |
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|
Last balance sheet: |
2013 |
||||||
|
Banking connection |
|
|
operational |
A-4342 Baumgartenberg, Gewerbepark 30 |
registered office |
|
operational |
A-4342 Baumgartenberg, Gewerbepark 30 |
registered headquarters, owned property |
|
|
0043 7269 7570 |
office@hueck-folien.at |
|
former |
A-4342 Baumgartenberg, Nr. 66 |
registered office |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered
in the companies' house) |
|
Dipl-Ing.Dr. Martin Bergsmann |
1968-05-24 |
A-4020 Linz Martinelligang 11 |
manager |
0 |
|
Ing. Manfred Durstberger |
1961-12-30 |
A-4040 Lichtenberg Linz Am Bachl 8 |
manager |
1 |
|
Manfred Nenning |
1962-12-06 |
A-4362 Bad Kreuzen Kuhweid 104 |
manager |
1 |
|
Dipl. Wirt. Ing. Dipl-Ing. Konstantin
Thomas |
1957-08-07 |
D-92637 Weiden Infanteriestraße 11 |
chairman of the supervisory board |
0 |
|
Arno Bohn |
1947-03-29 |
D-79249 Merzhausen Im Hau 2 |
deputy chairman of the supervisory board |
0 |
|
Dipl-Ing. Christoph Thomas |
1959-11-27 |
D-92637 Weiden Brandenburgerstraße 2B |
deputy chairman of the supervisory board |
0 |
|
Ernest Leithenmayr |
1969-09-14 |
A-4311 Schwertberg Kalvarienbergstr. 10 |
member of the supervisory board |
0 |
|
Hans Sudkamp |
1954-02-02 |
D-59558 Lippstadt Landwehrstraße 27 |
member of the supervisory board |
0 |
|
Bernd Wiesmann |
1961-01-20 |
A-3300 Amstetten (NÖ) Ulmenstr. 1 |
member of the supervisory board |
0 |
|
Franz Kaindl |
|
A-4342 Baumgartenberg Gewerbepark 30(c/o) |
head of purchasing |
0 |
|
Company name |
Address |
Shareholdings in % |
Since |
Commercial register no. |
|
Shares in this company are held by: |
||||
|
Hueck Folien Holding GmbH & Co. KG |
D-92712 Pirk Pirkmühle 14-16 |
100 % |
2007-02-22 |
|
|
|
2013-12-31 |
|
Franchises, patents, licences, trademarks
and similar rights and advantages |
374.615,00 |
|
Sum intangible assets |
374.615,00 |
|
Land and leasehold rights with buildings
thereon including building on land owned by third parties |
8.939.911,42 |
|
Other operating and business equipment |
3.355.799,07 |
|
Technical plants and machines |
7.604.264,05 |
|
Advanced payments and constructions in
progress |
261.375,64 |
|
Sum tangible assets |
20.161.350,18 |
|
Other financial assets, values and
securities of fixed assets |
380.573,05 |
|
Special account financial assets |
716.611,22 |
|
Sum financial assets |
1.097.184,27 |
|
Sum fixed assets |
21.633.149,45 |
|
Raw-, auxiliary materials and supplies |
4.038.637,35 |
|
Unfinished products |
1.374.467,43 |
|
Finished products |
2.086.871,81 |
|
Sum stock |
7.499.976,59 |
|
Claims from delivered goods and performed services |
6.581.352,46 |
|
Claims against related firmes Claims
against companies with shareholding relationship |
250,00 |
|
Other claims and assets |
805.866,80 |
|
Sum claims |
7.387.469,26 |
|
Securities and shares |
500.000,00 |
|
Sum securities and shares |
500.000,00 |
|
Cash on hand, cheques and bank deposits |
3.812.096,73 |
|
Sum cash and bank |
3.812.096,73 |
|
Sum current assets |
19.199.542,58 |
|
Deferred charges |
45.614,31 |
|
Sum deferred charges |
45.614,31 |
|
Assets |
40.878.306,34 |
|
|
|
|
Subscribed/declared capital |
1.100.000,00 |
|
Committed capital reserves |
155.778,67 |
|
Legal reserves |
110.000,00 |
|
Other reserves |
7.015.474,83 |
|
Balance sheet profit/balance sheet loss |
10.558.474,59 |
|
Thereof profit/loss carried forward |
9.356.380,76 |
|
Sum equity capital |
18.939.728,09 |
|
Other reserves before taxes |
929.340,98 |
|
Sum reserves before taxes |
929.340,98 |
|
Investment contributions |
565.378,75 |
|
Sum floor capital |
565.378,75 |
|
Reserves for severance pays |
2.832.328,00 |
|
Reserves for pensions |
712.517,00 |
|
Other reserves |
2.892.153,92 |
|
Sum reserves |
6.436.998,92 |
|
Liabilities against credit institutes |
10.112.578,64 |
|
Liabilities from delivered goods and performed
services |
2.963.850,77 |
|
Liabilities against related firms |
110.323,00 |
|
Other liabilities |
820.107,19 |
|
Sum liabilities |
14.006.859,60 |
|
|
|
|
Liabilities |
40.878.306,34 |
|
Contingent liabilities |
103.500,00 |
|
Balance sheet sum |
40.878.306,34 |
|
|
|
|
|
2013-12-31 |
|
Gross sales |
48.445.231,86 |
|
Increase or decrease in finished and
unfinished goods and in service claims |
-589.689,85 |
|
Other manufacturing costs capitalized |
83.926,53 |
|
Total turnover or gross profit |
47.939.468,54 |
|
|
|
|
Profits from retirement of fixed assets,
except financial assets |
883,33 |
|
Income from dissolution of reserves |
283.329,21 |
|
Other operating profits |
1.595.231,29 |
|
Other operating profits totally |
1.879.443,83 |
|
|
|
|
Costs for obtained services |
-664.967,10 |
|
Material costs |
-23.319.297,29 |
|
Costs for obtained services totally |
-23.984.264,39 |
|
|
|
|
Wages |
-6.894.942,29 |
|
Salaries |
-3.798.341,70 |
|
Costs for severance pays |
-268.429,15 |
|
Costs for old age pension |
-35.747,52 |
|
Legal fringe benefits and other payments
depending on salaries |
-2.970.154,14 |
|
Other social fringe benefits |
-204.413,94 |
|
Personnel expenses totally |
-14.172.028,74 |
|
|
|
|
Depreciation of intangible assets, tangible
assets,activated expenses for the set up and expansion of business operation |
-3.021.717,35 |
|
Depreciation tangible assets / intangible
assets totally |
-3.021.717,35 |
|
|
|
|
Other operating costs |
-7.323.522,50 |
|
Total costs |
-7.323.522,50 |
|
|
|
|
Operating result totally |
1.317.379,39 |
|
|
|
|
Income from other securities and loans of
financial assets |
20.707,34 |
|
Interest income, securties income and
similar income |
15.614,84 |
|
Interest and similar disbursements |
-145.430,13 |
|
Financial profits totally |
-109.107,95 |
|
|
|
|
Results from usual business activity
totally |
1.208.271,44 |
|
|
|
|
Taxes on income and profits |
-52.578,40 |
|
Taxes on income and profits totally |
-52.578,40 |
|
|
|
|
Annual surplus/annual deficit totally |
1.155.693,04 |
|
|
|
|
Dissolution reserves before taxes |
46.400,79 |
|
Reserves movements totally |
46.400,79 |
|
|
|
|
Annual profit/annual loss totally |
1.202.093,83 |
|
|
|
|
Profit and loss carried forward from
previous year |
9.356.380,76 |
|
Transfer of profits totally |
9.356.380,76 |
|
|
|
|
B/S profit/ B/S loss from profit and loss
account |
10.558.474,59 |
|
|
|
|
|
2013 |
|
Cashflow II |
4.177.410,39 |
|
Debt amortisation period in years |
3,86 |
|
Bank indebtedness |
24,73 |
|
Equity capital share in % |
49,98 |
|
Social capital share |
8,67 |
|
Fixed assets coverage |
110,84 |
|
Net profit ratio |
2,52 |
|
Capital turnover |
1,17 |
|
Return on investment in % |
3,31 |
|
Cashflow in % of operating performance |
8,71 |
|
Cashflow I |
4.229.988,79 |
|
Gross productivity |
3,38 |
|
Net productivity |
1,69 |
|
Operating performance |
47.939.468,54 |
|
Inventories in % of operating performance |
15,64 |
|
Gross profit |
23.955.204,15 |
|
Last check |
2014-05-12 |
|
Entry number |
Cadastral community |
Journal number |
|
270 |
Baumgartenberg O 43206 |
1415/2013 |
|
Section A – type of property: |
|
GST-NR
G BA (NUTZUNG)
FLÄCHE GST-ADRESSE |
|
Section B – ownership structure: |
|
1 ANTEIL: 1/1 |
|
Section C – encumbrances: |
|
2 a
949/1972 |
|
firm (style) |
1
Hueck Folien Gesellschaft m.b.H. |
|
legal form |
1
Gesellschaft mit beschränkter Haftung |
|
registered office |
1
politischer Gemeinde Baumgartenberg |
|
business adress |
6
Gewerbepark 30 |
|
capital |
13
EUR 1.100.000 |
|
reference date annual accounts |
1
31. Dezember |
|
annual accounts |
37
zum 31.12.2013 eingereicht am 17.09.2014 |
|
power of representation |
21
Die Generalversammlung bestimmt, wenn mehrere Geschäfts- |
|
|
|
|
supervisory board |
|
|
F
DI Dipl.-Wirt.-Ing. |
|
|
|
|
|
managing director |
|
|
N
Dipl.Ing.Dr. Martin Bergsmann, geb. 24.05.1968 |
|
|
|
|
|
shareholder |
|
|
P
Hueck Folien Holding GmbH & Co.KG |
|
|
|
|
|
general table |
|
|
Landesgericht Linz |
|
|
Year of incorporation |
1971 |
|
Date of registration |
1971-11-03 |
Change in share capital
|
from |
to |
asset |
|
|
|
2002-12-17 |
ATS |
13.800.000,00 |
|
2002-12-17 |
|
EUR |
1.100.000,00 |
Former executives
|
from |
to |
position |
name |
|
|
2006-11-30 |
individual signing clerk |
Dipl-Ing. Konstantin Thomas |
|
|
1997-04-30 |
joint signing clerk |
Ernst Otto Thomas |
|
2003-07-29 |
2004-12-04 |
joint signing clerk |
Dipl-Ing.Dr. Friedrich Kastner |
|
2002-05-08 |
2009-02-14 |
joint signing clerk |
Ing.Dr. Gerlach Kopfer |
|
2006-11-30 |
2011-02-01 |
joint signing clerk |
Dipl-Ing.Dr. Martin Bergsmann |
|
2010-11-16 |
2011-02-01 |
joint signing clerk |
Ing. Manfred Durstberger |
|
2006-11-30 |
2011-02-01 |
joint signing clerk |
Manfred Nenning |
|
2001-03-03 |
2004-10-22 |
individual signing clerk |
Dietmar Wohlfart |
|
|
1997-04-30 |
manager |
Dipl-Ing.Dr. Helmut Hülsmann |
|
|
1997-04-30 |
manager |
Hans Robert Thomas |
|
|
2004-12-04 |
manager |
Dipl-Ing. Lothar Zapf |
|
2004-10-22 |
2006-11-30 |
manager |
Dietmar Wohlfart |
|
2005-12-15 |
2007-12-29 |
manager |
Johannes Heintges |
|
2006-11-30 |
2011-02-01 |
manager |
Dipl-Ing. Konstantin Thomas |
|
|
2001-03-03 |
individual signing clerk |
Dipl-Ing. Josef Reber |
Former shareholders
|
from |
to |
position |
name |
|
1996-02-14 |
1997-04-30 |
partner |
Hueck Folien Holding GmbH & Co. KG |
|
1997-04-30 |
2007-02-22 |
partner |
HC Beteiligungsgesellschaft mbH |
Mergers
|
On |
position |
name |
|
2004-07-08 |
merged with |
HSF-High Security Films GmbH |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.40 |
|
|
1 |
Rs.98.94 |
|
Euro |
1 |
Rs.70.33 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.