MIRA INFORM REPORT

 

 

Report No. :

325485

Report Date :

04.06.2015

 

IDENTIFICATION DETAILS

 

Name :

WEBER-HYDRAULIK GMBH

 

 

Registered Office :

Industriegebiet 3+4, A-4460 Losenstein

 

 

Country :

Austria

 

 

Financials (as on) :

31.12.2013

 

 

Year of Establishment :

1969

 

 

Legal Form :

limited liability company

 

 

Line of Business :

Subject is manufacture of other pumps and compressors

 

 

No. of Employee :

245 (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

 

 

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 – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

Austria

A2

A2

 

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

 

WEBER-HYDRAULIK GMBH

 

Industriegebiet 3+4

A-4460 Losenstein

Phone:

(0043) 7255 6237

Status:

active company

Fax:

(0043) 7255 6274

Companies House number:

FN 118620 t

E-mail:

office@weber-hydraulik.at

Last revision:

2015-06-01

Internet:

http://www.weber-hydraulik.at

 

 

 

Activities

 

ÖNACE 28130 100% Manufacture of other pumps and compressors

 

 

Financial data

 

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

 

total turnover (total sales)

2014

EUR

58.000.000,00

(estimated)

total turnover (total sales)

2013

EUR

57.902.062,18

(exact)

total turnover (total sales)

2012

EUR

56.725.552,12

(exact)

total turnover (total sales)

2011

EUR

51.130.685,48

(exact)

total turnover (total sales)

2010

EUR

42.890.713,11

(exact)

 

total stock

2015

EUR

3.500.000,00

(average)

 

total investments

2013

EUR

2.651.714,81

(exact)

 

total company vehicles

2015

 

13

(approx.)

 

total employees

2015

 

245

(approx.)

apprentices

2015

 

16

(approx.)

 

 


General company information

 

Company name

WEBER-HYDRAULIK GMBH

Year of incorporation

1969

Type of company

Manufacturing

Legal form

limited liability company since 1976-11-03

Companies House number

FN 118620 t Steyr  since 1976-12-30

Import

Eastern Europe

European Union

Eastern Europe

European Union

2015

2015

2014

2014

Export

world-wide

world-wide

2015

2014

ARA-number

7227

VAT number

ATU 24055705

number - Austrian National Bank

159450

Last balance sheet:

2013

Banking connection

UniCredit Bank Austria AG

BLZ 12000

main bank connection

Oberbank AG

BLZ 15000

main bank connection

Raiffeisenbank Ennstal

BLZ 34080

secondary banking connection

 

 

Locations

 

 

operational

A-4460 Losenstein, Industriegebiet 3+4

registered office

operational

A-4460 Losenstein, Industriegebiet 3+4

registered headquarters, owned property

 

0043 7255 6237

office@weber-hydraulik.at

former

A-4460 Losenstein, Stiedelsbach 1

registered headquarters

 

 


Private data

 

 

Surname

Date of birth

Address

Executive positions

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

Ing.Dr. Hans Kristian Kerwat

1967-07-08

A-4460 Losenstein

Stiedelsbach 45

manager

0

Dipl-Ing. Volker Plücker

1961-09-15

D-76698 Ubstadt Weiher

Unterdorfstraße 75

manager

0

Ing.Mag. Leopold Brandner

1956-10-11

A-4460 Losenstein

Stiedelsbach 60

joint signing clerk

0

Volker Oberhagemann

1950-02-09

D-75031 Eppingen Elsenz

Weisenbergstraße 22

joint signing clerk

0

Ing. Bernhard Obermayr

1974-05-16

A-4451 Garsten

Klosterstraße 15

joint signing clerk head of sales head of marketing

0

Ing. Willibald Pranzl

1964-04-04

A-4460 Losenstein

Industriegebiet 3 + 4(c/o)

joint signing clerk head of purchasing

0

Alfred Rack

1962-01-05

A-4460 Losenstein

Industriegebiet 3 + 4(c/o)

joint signing clerk head of accounting head of personnel

0

Ing. Johann Schmollngruber

 

A-4460 Losenstein

Industriegebiet 3 + 4(c/o)

technical director

0

 

 

related companies

 

Company name

Address

Shareholdings in %

Since

Commercial register no.

Shares in this company are held by:

Weber Hydraulik GmbH

D-74363 Güglingen

Heilbronner Straße 30

100 %

1976-12-30

 

 

 

 

 

 

 

Balance Sheet (absolute) all amounts in EUR

 

 

2013-12-31

Franchises, patents, licences, trademarks and similar rights and advantages

114.961,55

Sum intangible assets

114.961,55

Land and leasehold rights with buildings thereon including building on land owned by third parties

4.178.134,96

Other operating and business equipment

701.400,52

Technical plants and machines

2.294.324,33

Advanced payments and constructions in progress

2.798.324,77

Sum tangible assets

9.972.184,58

Sum fixed assets

10.087.146,13

Raw-, auxiliary materials and supplies

4.008.467,37

Unfinished products

2.300.102,15

Finished products

1.621.791,75

Sum stock

7.930.361,27

Claims from delivered goods and performed services

4.642.593,66

Claims against related firmes Claims against companies with shareholding relationship

887.900,78

Other claims and assets

411.969,51

Sum claims

5.942.463,95

Cash on hand, cheques and bank deposits

4.429.934,13

Sum cash and bank

4.429.934,13

Sum current assets

18.302.759,35

Deferred charges

14.231,71

Sum deferred charges

14.231,71

Assets

28.404.137,19

 

Subscribed/declared capital

700.000,00

Legal reserves

70.000,00

Other reserves

1.101.519,47

Balance sheet profit/balance sheet loss

15.364.111,99

Thereof profit/loss carried forward

9.133.736,44

Sum equity capital

17.235.631,46

Investment contributions

26.550,37

Sum floor capital

26.550,37

Reserves for severance pays

2.610.000,00

Tax reserves

218.612,05

Other reserves

1.749.200,00

Sum reserves

4.577.812,05

Liabilities against credit institutes

3.800.000,00

Received advanced payments for orders

81.234,82

Liabilities from delivered goods and performed services

1.884.616,42

Liabilities against related firms

165.797,29

Other liabilities

632.494,78

Sum liabilities

6.564.143,31

 

Liabilities

28.404.137,19

Contingent liabilities

17.005.000,00

Balance sheet sum

28.404.137,19

 

 

P / L Account (absolute) all amounts in EUR

 

 

2013-12-31

Gross sales

57.902.062,18

Increase or decrease in finished and unfinished goods and in service claims

131.750,54

Other manufacturing costs capitalized

168.385,02

Total turnover or gross profit

58.202.197,74

 

Profits from retirement of fixed assets, except financial assets

1.570,17

Income from dissolution of reserves

192.104,00

Other operating profits

814.126,84

Other operating profits totally

1.007.801,01

 

Costs for obtained services

-4.260.734,95

Material costs

-25.409.029,01

Costs for obtained services totally

-29.669.763,96

 

Wages

-6.967.017,78

Salaries

-4.428.632,80

Costs for severance pays

-321.812,78

Legal fringe benefits and other payments depending on salaries

-3.065.990,15

Other social fringe benefits

-99.752,00

Personnel expenses totally

-14.883.205,51

 

Depreciation of intangible assets, tangible assets,activated expenses for the set up and expansion of business operation

-1.968.317,77

Depreciation tangible assets / intangible assets totally

-1.968.317,77

 

Other operating costs

-4.411.515,24

Total costs

-4.411.515,24

 

Operating result totally

8.277.196,27

 

Interest income, securties income and similar income

9.453,75

Interest and similar disbursements

-39.035,26

Financial profits totally

-29.581,51

 

Results from usual business activity totally

8.247.614,76

 

Taxes on income and profits

-2.017.239,21

Taxes on income and profits totally

-2.017.239,21

 

Annual surplus/annual deficit totally

6.230.375,55

 

Annual profit/annual loss totally

6.230.375,55

 

Profit and loss carried forward from previous year

9.133.736,44

Transfer of profits totally

9.133.736,44

 

B/S profit/ B/S loss from profit and loss account

15.364.111,99

 

 

Key ratios

 

 

2013

Cashflow II

8.198.693,32

Debt amortisation period in years

0,80

Bank indebtedness

13,37

Equity capital share in %

60,94

Social capital share

9,18

Fixed assets coverage

197,00

Net profit ratio

14,17

Capital turnover

2,04

Return on investment in %

29,17

Cashflow in % of operating performance

14,08

Cashflow I

10.215.932,53

Gross productivity

3,91

Net productivity

1,91

Operating performance

58.202.197,74

Inventories in % of operating performance

13,62

Gross profit

28.532.433,78

 

 

Land Register

 

Last check

2015-03-31

 

Entry number

Cadastral community

Journal number

201

Losenstein                           O 49312

1020/2010

 

Section A – type of property:

GST-NR  G BA (NUTZUNG)          FLäCHE  GST-ADRESSE
378/4     GST-Fläche        *    11851
Baufl.(Gebäude)         2299
Sonstige                9552
(Werksgelände)                Industriegebiet 3
378/5     Landw. genutzt          1720
378/12    GST-Fläche              8005
Baufl.(Gebäude)          202
Landw. genutzt          7803  Industriegebiet 4
GESAMTFLäCHE                     21576

Section B – ownership structure:

1 ANTEIL: 1/1
Weber-Hydraulik GmbH
ADR: Industriegebiet 3   4460
a 43/1978 Urkunde 1977-02-21 Eigentumsrecht
b 1030/1991 Namensänderung
c 687/2008 Vorkaufsrecht

Section C – encumbrances:

2  a 687/2008
BESTANDRECHT bis 2038-01-31
gemäß Pkt. II. Bestand- und Mietvertrag 2008-05-02
für Oberbank Immobilien-Leasing Gesellschaft m.b.H.
3  a 687/2008
VORKAUFSRECHT
gemäß Pkt. V. Bestand- und Mietvertrag 2008-05-02
für Oberbank Immobilien-Leasing Gesellschaft m.b.H.
Eintragungen ohne Währungsbezeichnung sind Beträge in ATS

 

 

Commercial register

 

firm (style)

1      Weber-Hydraulik GmbH

legal form

1      Gesellschaft mit beschränkter Haftung

registered office

1      politischer Gemeinde Losenstein

business adress

1      Industriegebiet 3+4
4460 Losenstein

capital

10      EUR 700.000

reference date annual accounts

1      31. Dezember

annual accounts

30      zum 31.12.2013 eingereicht am 28.08.2014

power of representation

13      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 03.11.1976                                001
1   Der Gesellschaftsvertrag wurde mehrfach geändert, zuletzt           002
mit Beschluss der Generalversammlung  vom 14.06.1991
10   Gesellschaftsvertrag mit Generalversammlungsbeschluss               003
vom 06.06.2002
gemäß 1. Euro-JuBeG angepasst.
10   Generalversammlungsbeschluss  vom 06.06.2002                        004
Kapitalerhöhung um EUR 20.509,-- auf EUR 700.000,--.
Änderung des Gesellschaftsvertrages im Punkt Sechstens.
10   Generalversammlungsbeschluss  vom 06.06.2002                        005
Änderung des Gesellschaftsvertrages in Punkt Zwölftens.
13   Generalversammlungsbeschluss  vom 20.12.2004                        006
Änderung des Gesellschaftsvertrages im Punkt Neuntens.

 

proxy

E   Volker Oberhagemann, geb. 09.02.1950
16        vertritt seit 02.10.2005 gemeinsam mit
einem weiteren Prokuristen oder einem Geschäftsführer
I   Alfred Rack, geb. 05.01.1962
16        vertritt seit 02.10.2005 gemeinsam mit
einem weiteren Prokuristen oder einem Geschäftsführer
J   Ing Willibald Pranzl, geb. 04.04.1964
16        vertritt seit 02.10.2005 gemeinsam mit
einem weiteren Prokuristen oder einem Geschäftsführer
K   Mag.Ing. Leopold Brandner, geb. 11.10.1956
19        vertritt seit 01.04.2008 gemeinsam mit
einem weiteren Prokuristen oder einem Geschäftsführer
L   Ing Bernhard Obermayr, geb. 16.05.1974
19        vertritt seit 01.04.2008 gemeinsam mit
einem weiteren Prokuristen oder einem Geschäftsführer

 

managing director

M   Dipl.Ing. Volker Plücker, geb. 15.09.1961
27        vertritt seit 01.01.2013 selbständig
N   Dr. Ing. Hans Kristian Kerwat, geb. 08.07.1967
29        vertritt seit 01.07.2014 gemeinsam mit
einem weiteren Geschäftsführer oder einem Prokuristen.

 

shareholder

C   WEBER HYDRAULIK GMBH
10        ......................  EUR 700.000
10        .................................................  EUR 700.000
-------------------------------------------------------
Summen:             EUR 700.000                EUR 700.000

 

general table

Landesgericht Steyr
1 Ersterfassung abgeschlossen am 23.09.1994  Geschäftsfall 912 Fr    58/94 p
Ersterfassung gem. Art. XXIII Abs. 4 FBG
2 eingetragen am 11.11.1994                  Geschäftsfall   6 Fr   460/94 v
Berichtigung - Antrag  eingelangt am 03.10.1994
6 eingetragen am 06.04.2001                  Geschäftsfall  21 Fr   620/01 v
Antrag auf Änderung - Geschäftsführer und Prokurist
eingelangt am 30.03.2001
eingelangt am 30.03.2001
10 eingetragen am 19.07.2002                  Geschäftsfall  21 Fr  1872/02 v
Antrag auf Änderung - Prokura und Euroanpassung mit Kap.Erh.
eingelangt am 10.07.2002
eingelangt am 10.07.2002
13 eingetragen am 04.01.2005                  Geschäftsfall  21 Fr  3601/04 d
Antrag auf Änderung GVertrag und GF  eingelangt am 23.12.2004
16 eingetragen am 12.10.2005                  Geschäftsfall  21 Fr  2936/05 i
Antrag auf Änderung Geschäftsführer und Prokuristen
eingelangt am 07.10.2005
eingelangt am 07.10.2005
19 eingetragen am 29.03.2008                  Geschäftsfall  21 Fr   809/08 h
Antrag auf Änderung Prokura  eingelangt am 27.03.2008
23 eingetragen am 13.01.2011                  Geschäftsfall  21 Fr    99/11 s
Antrag auf Änderung - Adressenänderung  eingelangt am 12.01.2011
24 eingetragen am 02.09.2011                  Geschäftsfall  21 Fr  3138/11 i
Antrag auf Änderung - Adresse  eingelangt am 31.08.2011
27 eingetragen am 18.01.2013                  Geschäftsfall  21 Fr   133/13 h
Antrag auf Änderung GF  eingelangt am 16.01.2013
29 eingetragen am 02.07.2014                  Geschäftsfall  21 Fr  1409/14 v
Antrag auf Änderung GF  eingelangt am 23.06.2014
30 eingetragen am 30.08.2014
Elektronische Einreichung Jahresabschluss  eingelangt am 28.08.2014

 

 


Historical development

 

Year of incorporation

1969

Date of registration

1976-12-30

Change in share capital

 

from

to

asset

 

 

2002-07-19

ATS

9.350.000,00

2002-07-19

 

EUR

700.000,00

Former executives

 

from

to

position

name

2002-07-19

2005-10-12

individual signing clerk

Dipl-Ing. Josef Nöbauer

2001-04-06

2005-10-12

individual signing clerk

Volker Oberhagemann

 

2001-04-06

manager

Günther Gruber

2001-04-06

2005-04-20

manager

Ing.Dr. Lothar Haselmann

 

2005-10-12

manager

Dipl-Ing. Martin Weber

2005-10-12

2014-07-02

manager

Dipl-Ing. Josef Nöbauer

2001-04-06

2001-06-19

individual signing clerk

Ing. Fabian Budde

2005-01-04

2013-01-18

manager

Dipl-Ing. Bernhard Herzig

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.85

UK Pound

1

Rs.98.12

Euro

1

Rs.71.28

 

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%)

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.