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Report No. : |
331156 |
|
Report Date : |
11.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
CONSTANTIA PATZ GES.M.B.H. |
|
|
|
|
Formerly Known As : |
K. HEYER GESELLSCHAFT M.B.H. |
|
|
|
|
Registered Office : |
A-2620 Loipersbach, Guntramserstraße 7 |
|
|
|
|
Country : |
Austria |
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|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
10.12.1979 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
324 (Approx.) (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 |
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|
|
|
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 |
A2 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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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 |
CONSTANTIA PATZ GES.M.B.H.
Guntramserstraße 7
A-2620 Loipersbach
ÖNACE 24420 70% Aluminium production
ÖNACE 46499 30% Wholesale of other household goods n.e.c.
Financial details can also be entered during the period,
irrespective of the balance sheet date.
|
total turnover (total sales) |
2014 |
EUR |
118.500.527,27 |
(exact) |
|
total turnover (total sales) |
2013 |
EUR |
118.365.429,35 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR |
121.341.337,99 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR |
117.827.248,56 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR |
103.962.475,63 |
(exact) |
|
turnover (sales) - group |
2013 |
EUR |
1.633.910.000,00 |
(exact) |
|
turnover (sales) - group |
2012 |
EUR |
1.313.880.000,00 |
(exact) |
|
total investments |
2014 |
EUR |
2.104.460,47 |
(exact) |
|
total company vehicles |
2015 |
|
8 |
(exact) |
|
total employees |
2015 |
|
324 |
(approx.) |
|
white collar workers |
2015 |
|
107 |
(approx.) |
|
blue collar workers |
2015 |
|
217 |
(approx.) |
|
Company name |
Constantia Patz Ges.m.b.H. |
|||
|
Year of
incorporation |
1979 |
|||
|
Type of company |
Manufacturing |
|||
|
Legal form |
limited liability company since 1979-12-10 |
|||
|
Companies house
number |
FN 113826 t Wiener Neustadt since 1979-12-17 |
|||
|
Import |
|
|||
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Export |
|
|||
|
ARA-number |
1612 |
|||
|
VAT number |
ATU 19568509 |
|||
|
number - Austrian
National Bank |
17140 |
|||
|
Last balance sheet: |
2014 |
|||
|
Banking connection |
|
|
operational |
A-2620 Loipersbach, Guntramserstraße 7 |
registered office |
|
operational |
A-2620 Loipersbach, Guntramserstraße 7 |
registered headquarters, owned premises |
|
|
0043 2635 600 |
office@constantia-patz.com |
|
former |
A-2620 Natschbach Loipersbach, - |
registered office |
|
former |
A-1140 Wien, Matznergasse 10-12 |
branch office |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive
positions (as registered in the companies' house) |
|
Mag. Robert Edelsbacher |
1973-05-14 |
A-2500 Baden Roseggerstraße 11 |
manager head of accounting |
1 |
|
Dipl-Ing. Rainer Huber |
1971-06-17 |
A-3100 St. Pölten Defreggerstraße 6b |
manager |
0 |
|
Johannes Pinkl |
|
A-2620 Loipersbach Guntramserstraße 7(c/o) |
head of purchasing |
0 |
|
Manfred Pürzel |
|
A-2620 Natschbach Loipersbach Guntramserstraße 7(c/o) |
head of EDP |
0 |
|
Josef Heinfellner |
|
A-2620 Natschbach Loipersbach Guntramserstraße 7(c/o) |
technical director |
0 |
|
Company name |
Address |
Shareholdings in % |
Since |
Commercial register
no. |
|
Shares in this
company are held by: |
||||
|
Constantia Teich GmbH |
A-3205 Weinburg Mühlhofen 4 |
99,95 % |
2004-09-24 |
FN 92993 f |
|
Constantia Flexibles Sales GmbH |
A-1200 Wien Handelskai 92 |
0,05 % |
2004-09-01 |
FN 94329 w |
|
|
2014-12-31 |
|
Patents and licenses |
265.097,87 |
|
Sum intangible assets |
265.097,87 |
|
Land with buildings (basic value) |
2.712.459,44 |
|
Land with buildings (building value) |
14.434.709,60 |
|
Motor vehicles |
110.902,31 |
|
Other operating and business equipment |
1.471.832,34 |
|
Technical plants and machines |
11.438.037,75 |
|
Advanced payments and constructions in progress |
208.624,21 |
|
Sum tangible assets |
30.376.565,65 |
|
Sum fixed assets |
30.641.663,52 |
|
Raw-, auxiliary materials and supplies |
1.260.500,00 |
|
Unfinished products |
4.416.100,00 |
|
Finished products |
3.170.600,00 |
|
Sum stock |
8.847.200,00 |
|
Claims from delivered goods and performed services |
6.710.295,52 |
|
Claims against related firmes Claims against companies with shareholding relationship |
11.268.443,12 |
|
Other claims and assets |
1.577.463,21 |
|
Sum claims |
19.556.201,85 |
|
Cash on hand, cheques and bank deposits |
2.949,21 |
|
Sum cash and bank |
2.949,21 |
|
Sum current assets |
28.406.351,06 |
|
Deferred charges |
1.630.846,62 |
|
Sum deferred charges |
1.630.846,62 |
|
Assets |
60.678.861,20 |
|
|
|
|
Subscribed/declared capital |
2.000.000,00 |
|
Not committed capital reserves |
4.343.765,58 |
|
Legal reserves |
200.000,00 |
|
Free reserves |
3.000.000,00 |
|
Balance sheet profit/balance sheet loss |
13.321.905,73 |
|
Thereof profit/loss carried forward |
4.090.541,49 |
|
Sum equity capital |
22.865.671,31 |
|
Other reserves before taxes |
12.472,53 |
|
Sum reserves before taxes |
12.472,53 |
|
Reserves for severance pays |
8.431.801,41 |
|
Other reserves |
3.230.933,13 |
|
Sum reserves |
11.662.734,54 |
|
Liabilities against credit institutes |
8.371.187,10 |
|
Liabilities from delivered goods and performed services |
5.616.682,32 |
|
Liabilities against related firms |
11.508.150,72 |
|
Other liabilities |
641.962,68 |
|
Sum liabilities |
26.137.982,82 |
|
|
|
|
Liabilities |
60.678.861,20 |
|
Balance sheet sum |
60.678.861,20 |
|
|
2014-12-31 |
|
Gross sales |
118.500.527,27 |
|
Increase or decrease in finished and unfinished goods and in service claims |
723.500,00 |
|
Total turnover or gross profit |
119.224.027,27 |
|
|
|
|
Profits from retirement of fixed assets, except financial assets |
4.353,92 |
|
Other operating profits |
807.816,41 |
|
Other operating profits totally |
812.170,33 |
|
|
|
|
Costs for obtained services |
-1.167.950,81 |
|
Material costs |
-67.405.511,86 |
|
Costs for obtained services totally |
-68.573.462,67 |
|
|
|
|
Wages |
-8.348.448,72 |
|
Salaries |
-6.518.154,63 |
|
Costs for severance pays |
-1.656.364,65 |
|
Legal fringe benefits and other payments depending on salaries |
-4.217.753,93 |
|
Other social fringe benefits |
-285.691,69 |
|
Personnel expenses totally |
-21.026.413,62 |
|
|
|
|
Depreciation of intangible assets, tangible assets,activated expenses for the set up and expansion of business operation |
-5.394.644,10 |
|
Depreciation tangible assets / intangible assets totally |
-5.394.644,10 |
|
|
|
|
Other operating costs |
-11.433.600,91 |
|
Other taxes |
-37.124,11 |
|
Total costs |
-11.470.725,02 |
|
|
|
|
Operating result totally |
13.570.952,19 |
|
|
|
|
Interest income, securties income and similar income |
36.184,06 |
|
Interest and similar disbursements |
-919.135,13 |
|
Financial profits totally |
-882.951,07 |
|
|
|
|
Results from usual business activity totally |
12.688.001,12 |
|
|
|
|
Taxes on income and profits |
-3.468.706,48 |
|
Taxes on income and profits totally |
-3.468.706,48 |
|
|
|
|
Annual surplus/annual deficit totally |
9.219.294,64 |
|
|
|
|
Dissolution reserves before taxes |
12.069,60 |
|
Reserves movements totally |
12.069,60 |
|
|
|
|
Annual profit/annual loss totally |
9.231.364,24 |
|
|
|
|
Profit and loss carried forward from previous year |
4.090.541,49 |
|
Transfer of profits totally |
4.090.541,49 |
|
|
|
|
B/S profit/ B/S loss from profit and loss account |
13.321.905,73 |
|
|
2014 |
|
Cashflow II |
14.613.938,74 |
|
Debt amortisation period in years |
2,58 |
|
Bank indebtedness |
13,79 |
|
Equity capital share in % |
37,70 |
|
Social capital share |
13,89 |
|
Fixed assets coverage |
102,18 |
|
Net profit ratio |
10,64 |
|
Capital turnover |
1,96 |
|
Return on investment in % |
22,42 |
|
Cashflow in % of operating performance |
12,25 |
|
Cashflow I |
18.082.645,22 |
|
Gross productivity |
5,67 |
|
Net productivity |
2,40 |
|
Operating performance |
119.224.027,27 |
|
Inventories in % of operating performance |
7,42 |
|
Gross profit |
50.650.564,60 |
|
Last check |
2014-12-03 |
|
Entry number |
Cadastral community |
Journal number |
|
493 |
Loipersbach N 23317 |
2013/2013 |
|
Section A – type of
property: |
|
GST-NR G BA (NUTZUNG) FLÄCHE GST-ADRESSE |
|
Section B – ownership
structure: |
|
4 ANTEIL: 1/1 |
|
Section C –
encumbrances: |
|
1 a 2262/1975 2013/2013 |
|
firm (style) |
31 Constantia Patz Ges.m.b.H. |
|
legal form |
1 Gesellschaft mit beschränkter Haftung |
|
registered office |
36 politischer Gemeinde
Natschbach-Loipersbach |
|
business adress |
25 Guntramserstraße 7 |
|
capital |
19 EUR 2.000.000 |
|
reference date
annual accounts |
12 31. Dezember |
|
annual accounts |
48 zum 31.12.2013 eingereicht am
20.08.2014 |
|
power of
representation |
2 Die Gesellschaft wird, wenn zwei oder
mehrere Geschäfts- |
|
|
|
|
managing director |
|
|
N Mag.
Robert Edelsbacher, geb. 14.05.1973 |
|
|
|
|
|
shareholder |
|
|
K Constantia Flexibles Sales GmbH |
|
|
|
|
|
general table |
|
|
Landesgericht Wiener
Neustadt |
|
|
Year of incorporation |
1979 |
|
Date of registration |
1979-12-17 |
Change of company name
|
from |
to |
company name |
|
|
2006-11-30 |
K. Heyer Gesellschaft m.b.H. |
|
2006-11-30 |
|
Constantia Patz Ges.m.b.H. |
Change in share capital
|
from |
to |
asset |
|
|
|
2002-01-30 |
ATS |
25.000.000,00 |
|
2002-01-30 |
|
EUR |
2.000.000,00 |
Former executives
|
from |
to |
position |
name |
|
|
1998-01-08 |
manager |
Kurt Heyer |
|
|
1999-10-30 |
manager |
Peter Heyer |
|
1999-08-13 |
2000-04-12 |
manager |
Dipl-Ing.Mag.Dr. Wilhelm Hansi |
|
2000-04-12 |
2006-01-03 |
manager |
Dr. Heinz Christian Sauer |
|
2000-04-12 |
2007-05-04 |
manager |
Kurt Hornik |
|
2007-05-04 |
2011-08-03 |
manager |
DDr. Thomas Eck |
|
2006-01-03 |
2014-01-23 |
manager |
Dr. Gerald Hummer |
|
|
1999-06-24 |
individual signing clerk |
Liselotte Heyer |
|
|
2000-04-12 |
joint signing clerk |
Kurt Hornik |
|
1998-03-24 |
2004-11-23 |
joint signing clerk |
Wolfram Jonke |
|
2004-05-11 |
2007-05-04 |
joint signing clerk |
DDr. Thomas Eck |
|
|
2008-04-02 |
joint signing clerk |
Herbert Stremitzer |
|
2010-04-03 |
2014-01-23 |
joint signing clerk |
Mag. Robert Edelsbacher |
Former shareholders
|
from |
to |
position |
name |
|
1994-08-23 |
2004-09-01 |
partner |
Heyer Beteiligungsgesellschaft
m.b.H. |
Former shareholdings
|
from |
to |
company name |
|
2000-07-25 |
2008-10-04 |
Aluminium Recycling GmbH |
Mergers
|
On |
position |
name |
|
2004-11-16 |
merged with |
Heyer Beteiligungsgesellschaft
m.b.H. |
|
2002-11-29 |
merged with |
Louis Patz & Comp. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.38 |
|
UK Pound |
1 |
Rs.97.65 |
|
Euro |
1 |
Rs.70.43 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
VNT |
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.