|
Report No. : |
327062 |
|
Report Date : |
17.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
J.
ZIMMER MASCHINENBAU GESELLSCHAFT M.B.H. |
|
|
|
|
Registered Office : |
Ebentalerstraße
133, A-9020 Klagenfurt |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Year of Establishment : |
1960 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Subject
is manufacture of machinery for textile, apparel and leather production |
|
|
|
|
No. of Employee : |
144 (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 : |
Slow but correct |
|
|
|
|
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 |
|
J. ZIMMER
MASCHINENBAU GESELLSCHAFT M.B.H. Ebentalerstraße 133 A-9020 Klagenfurt |
||||||||
|
ÖNACE
28940 100% Manufacture of machinery for textile, apparel and leather production
Financial
details can also be entered during the period, irrespective of the balance
sheet date.
|
total
turnover (total sales) |
2014 |
EUR |
20.700.000,00 |
(approx.) |
|
total
turnover (total sales) |
2013 |
EUR |
24.030.000,00 |
(approx.) |
|
total
turnover (total sales) |
2012 |
EUR |
17.690.791,89 |
(exact) |
|
total
turnover (total sales) |
2011 |
EUR |
16.432.404,09 |
(exact) |
|
total
turnover (total sales) |
2010 |
EUR |
18.335.206,55 |
(exact) |
|
total
investments |
2013 |
EUR |
257.675,02 |
(exact) |
|
total
company vehicles |
2015 |
|
12 |
(approx.) |
|
cars |
2015 |
|
10 |
(approx.) |
|
lorries
up to 3.5t |
2015 |
|
1 |
(approx.) |
|
lorries
more than 3.5t |
2015 |
|
1 |
(approx.) |
|
total
employees |
2015 |
|
144 |
(approx.) |
|
Company
name |
J.
Zimmer Maschinenbau Gesellschaft m.b.H. |
||||||
|
Year
of incorporation |
1960 |
||||||
|
Type
of company |
Manufacturing |
||||||
|
Legal
form |
limited
liability company since 1989-09-13 |
||||||
|
Companies
House number |
FN
92181 k Klagenfurt since 1989-10-09 |
||||||
|
Import |
|
||||||
|
Export |
|
||||||
|
VAT
number |
ATU
25267804 |
||||||
|
number
- Austrian National Bank |
1338145 |
||||||
|
Last
balance sheet: |
2013 |
||||||
|
Banking
connection |
|
|
operational |
A-9020
Klagenfurt, Ebentaler Str. 133 |
registered
office |
|
operational |
A-9020
Klagenfurt, Ebentalerstraße 133 |
registered
headquarters, rented premises |
|
|
0043
664 1004700 0043
463 3848 |
sales@zimmer-austria.com |
|
former |
A-9020
Klagenfurt, Flatschacherstraße 13 |
branch
agency |
|
former |
A-9125
Kühnsdorf, Mittlern 97 |
factory |
|
Surname |
Date
of birth |
Address |
Executive
positions |
Further
executive positions (as registered in the companies' house) |
|
Horst
Ros |
1965-09-15 |
A-9400
Wolfsberg Ziegelweg
3 |
manager |
1 |
|
Jürgen
Scheriau |
1966-10-02 |
A-9210
Pörtschach Kirchenweg
1 |
manager |
0 |
|
Johannes
Zimmer |
1930-09-20 |
A-9020
Klagenfurt Ebentalerstraße
133 |
manager |
3 |
|
Annemarie
Kern |
1953-09-12 |
A-9122
St. Kanzian Seenstraße
53 |
joint
signing clerk |
0 |
|
Angelika
Kraeuth |
1961-04-09 |
A-9064
Pischeldorf Pischeldorf
159 |
joint
signing clerk |
0 |
|
Hermann
Leeb |
1957-05-19 |
A-9020
Klagenfurt Ferdinand
Porschestraße 40 |
joint
signing clerk |
0 |
|
Company
name |
Address |
Shareholdings
in % |
Since |
Commercial
register no. |
|
Shares
in this company are held by: |
||||
|
Johannes
Zimmer Beteiligungs- und Verwaltungs GmbH |
A-9020
Klagenfurt Gutensteinerstraße
13 |
100
% |
1994-04-21 |
FN
97933 w |
|
|
|
|
|
|
|
Affiliated
companies and further participations: |
||||
|
ROS
Realitäten Vermittlung OG |
A-1070
Wien Kaiserstraße
14/9 |
|
|
FN
161578 s |
|
|
|
|
|
|
|
J.
Zimmer Maschinenbau Gesellschaft m.b.H. |
A-6330
Kufstein Eibergstraße
2-8 |
|
|
FN
44942 t |
|
|
|
|
|
|
(absolute) all amounts in EUR
|
|
2013-12-31 |
|
Intangible
assets |
104.006,41 |
|
Sum
intangible assets |
104.006,41 |
|
Land
and leasehold rights with buildings thereon including building on land owned
by third parties |
0,14 |
|
Other
operating and business equipment |
167.563,35 |
|
Technical
plants and machines |
248.327,51 |
|
Sum
tangible assets |
415.891,00 |
|
Financial
assets |
159.126,92 |
|
Sum
financial assets |
159.126,92 |
|
Sum
fixed assets |
679.024,33 |
|
Stocks |
3.800.237,35 |
|
Sum
stock |
3.800.237,35 |
|
Claims
against related firmes Claims against companies with shareholding
relationship |
85.744,46 |
|
Special
account claims |
3.988.206,74 |
|
Sum
claims |
4.073.951,20 |
|
Securities
and shares |
4.146.940,91 |
|
Sum
securities and shares |
4.146.940,91 |
|
Cash
on hand, cheques and bank deposits |
3.783.368,31 |
|
Sum
cash and bank |
3.783.368,31 |
|
Sum
current assets |
15.804.497,77 |
|
Deferred
charges |
49.752,23 |
|
Sum
deferred charges |
49.752,23 |
|
Assets |
16.533.274,33 |
|
|
|
|
Subscribed/declared
capital |
3.000.000,00 |
|
Capital
reserves |
629.415,99 |
|
Profit
reserves |
272.523,13 |
|
Balance
sheet profit/balance sheet loss |
281.400,87 |
|
Thereof
profit/loss carried forward |
-1.882.586,21 |
|
Sum
equity capital |
4.183.339,99 |
|
Other
reserves before taxes |
9.592,69 |
|
Sum
reserves before taxes |
9.592,69 |
|
Reserves
for severance pays |
2.174.290,11 |
|
Reserves
for pensions |
18.021,00 |
|
Other
reserves |
2.370.270,57 |
|
Sum
reserves |
4.562.581,68 |
|
Liabilities
against credit institutes |
2.586.043,47 |
|
Liabilities
against related firms |
2.639.106,60 |
|
Other
liabilities |
2.552.609,90 |
|
Sum
liabilities |
7.777.759,97 |
|
|
|
|
Liabilities |
16.533.274,33 |
|
Balance
sheet sum |
16.533.274,33 |
|
|
|
(absolute) all
amounts in EUR
|
|
2013-12-31 |
|
Gross
profit |
13.019.700,61 |
|
Total
turnover or gross profit |
13.019.700,61 |
|
|
|
|
Profits
from retirement of fixed assets, except financial assets |
545,59 |
|
Income
from dissolution of reserves |
814,70 |
|
Other
operating profits |
261.439,37 |
|
Other
operating profits totally |
262.799,66 |
|
|
|
|
Wages |
-1.286.875,39 |
|
Salaries |
-4.965.781,21 |
|
Costs
for severance pays |
-311.146,98 |
|
Costs
for old age pension |
-28.111,91 |
|
Legal
fringe benefits and other payments depending on salaries |
-1.548.067,25 |
|
Other
social fringe benefits |
-6.190,91 |
|
Personnel
expenses totally |
-8.146.173,65 |
|
|
|
|
Depreciation
of intangible assets, tangible assets,activated expenses for the set up and
expansion of business operation |
-217.066,21 |
|
Depreciation
tangible assets / intangible assets totally |
-217.066,21 |
|
|
|
|
Other
operating costs |
-2.858.843,41 |
|
Other
taxes |
-13.854,03 |
|
Total
costs |
-2.872.697,44 |
|
|
|
|
Operating
result totally |
2.046.562,97 |
|
|
|
|
Income
from other securities and loans of financial assets |
112.244,83 |
|
Profits
from the retirement of and investment in financial assets and securities of current assets |
57.231,00 |
|
Interest
income, securties income and similar income |
66.748,56 |
|
Disbursements
from other financial assets and from securities of current assets (e.g.
depreciations) |
-45.999,76 |
|
Interest
and similar disbursements |
-74.936,89 |
|
Financial
profits totally |
115.287,74 |
|
|
|
|
Results
from usual business activity totally |
2.161.850,71 |
|
|
|
|
Annual
surplus/annual deficit totally |
2.161.850,71 |
|
|
|
|
Dissolution
reserves before taxes |
2.136,37 |
|
Reserves
movements totally |
2.136,37 |
|
|
|
|
Annual
profit/annual loss totally |
2.163.987,08 |
|
|
|
|
Profit
and loss carried forward from previous year |
-1.882.586,21 |
|
Transfer
of profits totally |
-1.882.586,21 |
|
|
|
|
B/S
profit/ B/S loss from profit and loss account |
281.400,87 |
|
|
|
|
|
2013 |
|
Cashflow
II |
2.378.916,92 |
|
Debt
amortisation period in years |
1,85 |
|
Bank
indebtedness |
15,64 |
|
Equity
capital share in % |
25,36 |
|
Social
capital share |
13,25 |
|
Fixed
assets coverage |
940,35 |
|
Net
profit ratio |
0,00 |
|
Capital
turnover |
0,00 |
|
Return
on investment in % |
13,52 |
|
Cashflow
in % of operating performance |
0,00 |
|
Cashflow
I |
2.378.916,92 |
|
Gross
productivity |
0,00 |
|
Net
productivity |
0,00 |
|
Operating
performance |
0,00 |
|
Inventories
in % of operating performance |
0,00 |
|
Gross
profit |
13.019.700,61 |
Note
No
real estate property registered
|
firm
(style) |
1 J. Zimmer Maschinenbau |
|
legal
form |
1 Gesellschaft mit beschränkter Haftung |
|
registered
office |
1 Klagenfurt, politische Gemeinde
Klagenfurt am Wörthersee |
|
business
adress |
1 Ebentaler Str. 133 |
|
capital |
21 EUR 3.000.000 |
|
reference
date annual accounts |
1 31. Dezember |
|
annual
accounts |
42 zum 31.12.2013 eingereicht am
31.07.2014 |
|
power
of representation |
1 Die Gesellschaft wird, wenn mehrere
Geschäftsführer |
|
|
|
|
proxy |
|
|
F Annemarie Kern, geb. 12.09.1953 |
|
|
|
|
|
managing
director |
|
|
A Johannes Zimmer, geb. 20.09.1930 |
|
|
|
|
|
shareholder |
|
|
B Johannes Zimmer Beteiligungs- und |
|
|
|
|
|
general
table |
|
|
Landesgericht
Klagenfurt |
|
|
Year
of incorporation |
1960 |
|
Date
of registration |
1989-10-09 |
Change
in share capital
|
from |
to |
asset |
|
|
2005-11-01 |
2005-12-03 |
EUR |
2.725.231,28 |
|
2005-12-03 |
|
EUR |
3.000.000,00 |
|
|
2005-11-01 |
ATS |
37.500.000,00 |
Former
executives
|
from |
to |
position |
name |
|
2000-01-15 |
2000-03-02 |
manager |
Mag.
Christian Türk |
|
|
2002-01-09 |
manager |
Johannes
Zimmer |
|
2002-01-09 |
2005-02-22 |
manager |
Karl
Michael Wechselberger |
|
2005-02-22 |
2006-05-24 |
manager |
Dipl-Ing.
Rolf Dieter Kühnen |
|
2002-01-09 |
2006-05-24 |
manager |
Johannes
Paul Martin Zimmer |
|
2000-01-15 |
2008-06-21 |
joint
signing clerk |
Jürgen
Scheriau |
|
2008-10-16 |
2010-01-27 |
joint
signing clerk |
Jürgen
Scheriau |
|
2008-10-16 |
2015-06-02 |
joint
signing clerk |
Horst
Ros |
|
2009-01-24 |
2010-06-29 |
joint
signing clerk |
Mario
Weißenbrunner |
|
2000-10-12 |
2006-07-18 |
manager |
Dkfm.Dr.
Gerhard Fresacher |
|
2006-05-24 |
2008-06-21 |
manager |
Ing.
Michael Haydn |
|
2008-08-30 |
2009-01-24 |
manager |
Ing.
Michael Haydn |
|
2008-06-21 |
2008-08-30 |
manager |
Dipl-Ing.
Wolfgang Tiwald |
|
2000-01-15 |
2002-07-02 |
joint
signing clerk |
Paul
Rosenzopf |
|
2000-01-15 |
2003-08-09 |
joint
signing clerk |
Karl
Mayer |
|
2000-01-15 |
2006-05-24 |
joint
signing clerk |
Alfred
Habenbacher |
|
2000-01-15 |
2008-06-21 |
joint
signing clerk |
Peter
Gugl |
|
2011-03-08 |
2015-06-02 |
joint
signing clerk |
Ernst
Eiper |
|
2008-10-16 |
2015-06-02 |
joint
signing clerk |
Peter
Gugl |
|
2004-11-05 |
2008-06-21 |
joint
signing clerk |
Desiree
Zimmer |
Former
shareholders
|
from |
to |
position |
name |
birth
date |
|
1994-04-21 |
2000-10-04 |
partner |
Johannes
Zimmer |
1930-09-20 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.15 |
|
|
1 |
Rs.100.04 |
|
Euro |
1 |
Rs.72.27 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.