|
Report No. : |
321094 |
|
Report Date : |
07.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
SCHRACK SECONET AG |
|
|
|
|
Formerly Known as : |
SCHRACK SECONET SICHERHEITS- UND KOMMUNIKATIONSSYSTEME
AKTIENGESELLSCHAFT |
|
|
|
|
Registered Office : |
Eibesbrunnergasse 18 A-1120 Wien |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
21.10.1994 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture of wiring devices. |
|
|
|
|
No. of Employees : |
376 |
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 |
SCHRACK SECONET AG
Eibesbrunnergasse 18
A-1120 Wien
|
Phone: |
(0043) 1 81157 |
|
Fax: |
(0043) 1 81157 - 222 |
|
E-mail: |
office@schrack-seconet.com |
|
Internet: |
http://www.schrack-seconet.com |
ÖNACE 27330 100% Manufacture of wiring devices
Financial details can also be entered during the period, irrespective of the balance sheet date.
|
total turnover (total sales) |
2014 |
EUR |
79.000.000,00 |
(estimated) |
|
total turnover (total sales) |
2013 |
EUR |
79.167.027,70 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR |
72.142.767,53 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR |
69.480.455,20 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR |
61.989.038,69 |
(exact) |
|
total stock |
2014 |
EUR |
10.000.000,00 |
(approx.) |
|
total investments |
2013 |
EUR |
761.918,67 |
(exact) |
|
total company vehicles |
2015 |
|
152 |
(exact) |
|
cars |
2015 |
|
18 |
(exact) |
|
estate cars |
2015 |
|
134 |
estate cars 134 20150101 (exact) |
|
total employees |
2015 |
|
376 |
(exact) |
|
apprentices |
2015 |
|
8 |
(exact) |
|
Company name |
SCHRACK SECONET AG |
|||||||||
|
Year of
incorporation |
1994 |
|||||||||
|
Type of company |
Manufacturing |
|||||||||
|
Legal form |
joint stock company since 1997-06-27 |
|||||||||
|
Companies House
number |
FN 123356 g Wien since 1994-10-21 |
|||||||||
|
Import |
|
|||||||||
|
Export |
|
|||||||||
|
ARA-number |
9588 |
|||||||||
|
VAT number |
ATU 37395207 |
|||||||||
|
number - Austrian
National Bank |
2396459 |
|||||||||
|
Last balance sheet: |
2013 |
|||||||||
|
Banking connection |
|
|
operational |
A-1120 Wien, Eibesbrunnergasse 18 |
registered office, owned premises |
|
operational |
A-1120 Wien, Eibesbrunnergasse 18 |
registered headquarters, owned property |
|
|
0043 1 81157 |
office@schrack-seconet.com |
|
operational |
A-4060 Leonding, Kornstraße 16 |
branch office, rented premises |
|
|
0043 732 677900 |
gslinz@schrack-seconet.com |
|
operational |
A-6020 Innsbruck, Dr. Franz Wernerstraße 36 |
branch office, rented premises |
|
|
0043 512 365366 |
gsinnsbruck@schrack-seconet.com |
|
operational |
A-5020 Salzburg, Vogelweiderstraße 44a |
branch office, rented premises |
|
|
0043 662 887122 |
gssalzburg@schrack-seconet.com |
|
operational |
A-6850 Dornbirn, Sebastienstraße 13a |
branch office, rented premises |
|
|
0043 5572 51199 |
gsdornbirn@schrack-seconet.com |
|
operational |
A-9020 Klagenfurt, Feldkirchnerstraße 138 |
branch office, rented premises |
|
|
0043 463 429362 |
gsklagenfurt@schrack-seconet.com |
|
operational |
A-8055 Graz Puntigam, Neuseiersbergerstraße 157 |
branch office, rented premises |
|
|
0043 316 407676 |
gsgraz@schrack-seconet.com |
|
operational |
CZ-14900 Prag 4, Ujezd., Stitova 283 |
representation |
|
operational |
SK-83527 Bratislava - Raca, Mudrochova 2 |
representation |
|
operational |
RUS-129626 Moskau, Staroalexejevskaja 5/11/4/414 |
representation |
|
operational |
RO-023961 Bukarest, Str. Mantuleasa nr. 15A/1/2 |
representation |
|
operational |
TR-34722 Kadiköy-Istanbul, Ögun Is Merkezi Kasap Ismail 5/5 |
representation |
|
operational |
IND-122002 Gurgaon Haryana, DLF Golf Course Road Sector 54/5, (Newbridge Business Center) |
representation |
|
former |
A-1121 Wien, Pottendorferstraße 25-27 |
registered headquarters |
|
former |
A-1100 Wien, Wienerbergstraße 3 |
registered headquarters |
|
former |
A-1130 Wien, Hietzingerkai 5/3 |
branch office |
|
former |
A-1120 Wien, Rosasgasse 29 |
branch office |
|
former |
A-5020 Salzburg, Samstraße 52 |
branch agency |
|
former |
A-6020 Innsbruck, Valiergasse 56 |
branch agency |
|
former |
A-6850 Dornbirn, Wallenmahd 45 |
branch agency |
|
former |
A-8042 Graz St. Peter, Messendorfgrund 30 |
branch agency |
|
former |
A-9020 Klagenfurt, Rosentalerstraße 7 |
branch agency |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive
positions (as registered in the companies' house) |
|
Mag. Martina Eder |
1967-08-05 |
A-1190 Wien Sonnbergplatz 6 |
joint signing clerk head of accounting |
0 |
|
Amgad Farouk Abdel Ghaffar |
1962-05-20 |
A-2500 Baden Albrechtsgasse 60 |
joint signing clerk head of purchasing |
0 |
|
Ing. Herbert Hübl |
1966-12-13 |
A-1180 Wien Währingerstraße 133 |
joint signing clerk |
0 |
|
Ing. Heinrich Kohlenberger |
1953-12-17 |
A-7151 Wallern Waldgasse 18 |
joint signing clerk |
0 |
|
Ing. Maximilian Strohmeier |
1952-02-03 |
A-1122 Wien Eibesbrunnergasse 18 |
joint signing clerk |
0 |
|
Ing. Wolfgang Kern |
1964-01-01 |
A-2542 Kottingbrunn Eschengasse 5 |
chairman of the executive board head of personnel |
0 |
|
Ing.Dkfm. Hans Zavesky |
1947-10-30 |
A-3413 Kirchbach Talgasse 4 |
chairman of the supervisory board |
4 |
|
Dipl. El.-Ing.ETH, MBA. Hans Winzenried |
1950-08-30 |
CH-3052 Zollikofen Alpenstraße 20 |
deputy chairman of the supervisory board |
2 |
|
lic.oec.HSG Armin Berchtold |
1965-10-10 |
A-1120 Wien Eibesbrunnergasse 18(c/o) |
member of the supervisory board |
0 |
|
Ing. Werner Kasztler |
1941-03-14 |
A-2531 Gaaden Mödling Gartengasse 3 |
member of the supervisory board |
4 |
|
lic.rer.pol. Samuel Spreng |
1941-06-20 |
CH-3052 Zollikofen Alpenstraße 20 |
member of the supervisory board |
0 |
|
Peter Zangger |
1967-06-01 |
A-2353 Guntramsdorf Neudorferstaße 11/1/2 |
member of the supervisory board |
0 |
|
Markus Kutschera |
1973-06-14 |
A-4614 Marchtrenk Grillparzerstraße 1 |
employee's representative on the supervisory board |
0 |
|
Herbert Wehofer |
1963-01-13 |
A-1100 Wien Hardtmuthgasse 51 |
employee's representative on the supervisory board |
0 |
|
Ing. Wolfgang Kern |
|
A-1122 Wien Eibesbrunnergasse 18(c/o) |
head of sales |
0 |
|
Rosa Maria Seilerbeck |
|
A-1120 Wien Eibesbrunnergasse 18(c/o) |
head of marketing |
0 |
|
Company name |
Address |
Shareholdings in % |
Since |
Commercial register
no. |
|
Shares in this
company are held by: |
||||
|
Hekatron Technik GmbH |
D-79295 Sulzburg Brühlmatten 9 |
65,2 % |
|
|
|
|
|
|
|
|
|
Securiton Beteiligungs-GmbH |
D-79295 Sulzburg Brühlmatten 9 |
34,8 % |
|
|
(Absolute) All Amounts In Eur
|
|
2013-12-31 |
|
EDP programs |
199.816,33 |
|
Goodwill |
0,07 |
|
Sum intangible assets |
199.816,40 |
|
Land and leasehold rights with buildings thereon including building on land owned by third parties |
6.689.797,97 |
|
Other operating and business equipment |
1.321.439,60 |
|
Advanced payments and constructions in progress |
11.997,70 |
|
Sum tangible assets |
8.023.235,27 |
|
Shares on related firms |
1.419.565,31 |
|
Other financial assets, values and securities of fixed assets |
514.546,99 |
|
Sum financial assets |
1.934.112,30 |
|
Sum fixed assets |
10.157.163,97 |
|
Finished products |
5.547.578,41 |
|
Outstanding service claims |
4.745.897,26 |
|
Sum stock |
10.293.475,67 |
|
Claims from delivered goods and performed services |
8.779.615,49 |
|
Claims against related firmes Claims against companies with shareholding relationship |
25.141.771,45 |
|
Other claims and assets |
666.682,77 |
|
Sum claims |
34.588.069,71 |
|
Other securities |
2.445.000,00 |
|
Sum securities and shares |
2.445.000,00 |
|
Cash on hand, cheques and bank deposits |
7.246.101,14 |
|
Sum cash and bank |
7.246.101,14 |
|
Sum current assets |
54.572.646,52 |
|
Deferred charges |
119.320,18 |
|
Sum deferred charges |
119.320,18 |
|
Assets |
64.849.130,67 |
|
|
|
|
Subscribed/declared capital |
1.425.000,00 |
|
Committed capital reserves |
3.182.625,78 |
|
Not committed capital reserves |
726.728,34 |
|
Balance sheet profit/balance sheet loss |
38.077.136,37 |
|
Thereof profit/loss carried forward |
32.538.113,92 |
|
Sum equity capital |
43.411.490,49 |
|
Investment contributions |
109.061,26 |
|
Sum floor capital |
109.061,26 |
|
Reserves for severance pays |
3.877.821,22 |
|
Tax reserves |
851.390,00 |
|
Other reserves |
11.537.432,81 |
|
Sum reserves |
16.266.644,03 |
|
Received advanced payments for orders |
51.743,40 |
|
Liabilities from delivered goods and performed services |
1.327.242,31 |
|
Liabilities against related firms |
847.842,08 |
|
Other liabilities |
2.308.379,22 |
|
Sum liabilities |
4.535.207,01 |
|
|
|
|
Deferred income |
526.727,88 |
|
Sum deferred income |
526.727,88 |
|
Liabilities |
64.849.130,67 |
|
Balance sheet sum |
64.849.130,67 |
|
|
|
(Absolute) All Amounts In Eur
|
|
2013-12-31 |
|
Gross sales |
79.167.027,70 |
|
Increase or decrease in finished and unfinished goods and in service claims |
-616.476,61 |
|
Other manufacturing costs capitalized |
64.689,07 |
|
Total turnover or gross profit |
78.615.240,16 |
|
|
|
|
Profits from retirement of fixed assets, except financial assets |
4.239,18 |
|
Income from dissolution of reserves |
1.523.081,43 |
|
Other operating profits |
355.562,34 |
|
Other operating profits totally |
1.882.882,95 |
|
|
|
|
Costs for obtained services |
-4.414.538,02 |
|
Material costs |
-30.697.131,38 |
|
Costs for obtained services totally |
-35.111.669,40 |
|
|
|
|
Wages |
-73.460,31 |
|
Salaries |
-18.634.931,63 |
|
Costs for severance pays |
-574.032,18 |
|
Legal fringe benefits and other payments depending on salaries |
-5.184.219,32 |
|
Other social fringe benefits |
-283.690,87 |
|
Personnel expenses totally |
-24.750.334,31 |
|
|
|
|
Depreciation of intangible assets, tangible assets,activated expenses for the set up and expansion of business operation |
-1.189.699,78 |
|
Depreciation tangible assets / intangible assets totally |
-1.189.699,78 |
|
|
|
|
Other operating costs |
-11.771.416,47 |
|
Other taxes |
-134.168,38 |
|
Total costs |
-11.905.584,85 |
|
|
|
|
Operating result totally |
7.540.834,77 |
|
|
|
|
Income from other securities and loans of financial assets |
39.105,22 |
|
Interest income, securties income and similar income |
203.752,05 |
|
Profits from the retirement of and investment in financial assets |
40.000,00 |
|
Interest and similar disbursements |
-25.956,31 |
|
Financial profits totally |
256.900,96 |
|
|
|
|
Results from usual business activity totally |
7.797.735,73 |
|
|
|
|
Taxes on income and profits |
-2.258.713,28 |
|
Taxes on income and profits totally |
-2.258.713,28 |
|
|
|
|
Annual surplus/annual deficit totally |
5.539.022,45 |
|
|
|
|
Annual profit/annual loss totally |
5.539.022,45 |
|
|
|
|
Profit and loss carried forward from previous year |
32.538.113,92 |
|
Transfer of profits totally |
32.538.113,92 |
|
|
|
|
B/S profit/ B/S loss from profit and loss account |
38.077.136,37 |
|
|
|
|
|
2013 |
|
Cashflow II |
6.728.722,23 |
|
Debt amortisation period in years |
1,64 |
|
Bank indebtedness |
0,00 |
|
Equity capital share in % |
67,16 |
|
Social capital share |
5,97 |
|
Fixed assets coverage |
466,64 |
|
Net profit ratio |
9,91 |
|
Capital turnover |
1,21 |
|
Return on investment in % |
12,06 |
|
Cashflow in % of operating performance |
8,55 |
|
Cashflow I |
8.987.435,51 |
|
Gross productivity |
3,17 |
|
Net productivity |
1,75 |
|
Operating performance |
78.615.240,16 |
|
Inventories in % of operating performance |
13,09 |
|
Gross profit |
43.503.570,76 |
|
Last check |
2014-08-04 |
|
Entry number |
Cadastral community |
Journal number |
|
1171 |
Altmannsdorf W 01301 |
2737/2011 |
|
Section A – type of
property: |
|
GST-NR G BA (NUTZUNG) FLÄCHE GST-ADRESSE |
|
Section B –
ownership structure: |
|
1 ANTEIL: 1/1 |
|
Section C –
encumbrances: |
|
1 a 1007/1906 |
|
firm (style) |
34 SCHRACK SECONET AG |
|
legal form |
12 Aktiengesellschaft |
|
registered office |
1 politischer Gemeinde Wien |
|
business adress |
11 Eibesbrunnergasse 18 |
|
capital |
35 EUR 1.425.000 |
|
reference date
annual accounts |
1 31. Dezember |
|
annual accounts |
45 zum 31.12.2013 eingereicht am 30.07.2014 |
|
power of
representation |
12 Die Gesellschaft wird, wenn mehrere
Vorstandsmitglieder |
|
other provisions |
31 Der Vorstand besteht aus einer, zwei,
drei oder vier |
|
|
|
|
board of directors |
|
|
V Ing. Wolfgang Kern, geb. 01.01.1964 |
|
|
|
|
|
proxy |
|
|
L Ing Maximilian Strohmeier, geb. 03.02.1952 |
|
|
|
|
|
supervisory board |
|
|
A Ing.Dkfm. Hans Zavesky, geb. 30.10.1947 |
|
|
|
|
|
general table |
|
|
Handelsgericht Wien |
|
|
Year of
incorporation |
1994 |
|
Date of
registration |
1994-10-21 |
|
from |
to |
company name |
|
2006-03-07 |
|
SCHRACK SECONET AG |
|
|
2006-03-07 |
SCHRACK SECONET Sicherheits- und Kommunikationssysteme Aktiengesellschaft |
|
from |
to |
asset |
|
|
|
2006-07-15 |
ATS |
19.608.000,00 |
|
2006-07-15 |
|
EUR |
1.425.000,00 |
|
from |
to |
position |
name |
|
|
1998-11-14 |
joint signing clerk |
DDr. Karl Kirchheimer |
|
|
1998-11-14 |
joint signing clerk |
Dr. Irene Mörtl |
|
|
1999-01-05 |
joint signing clerk |
Fritz Edelmüller |
|
2000-06-01 |
2005-12-29 |
joint signing clerk |
Ing. Wolfgang Kern |
|
1997-07-16 |
2005-12-29 |
member of the executive board |
Ing.Dkfm. Hans Zavesky |
|
|
2006-07-15 |
chairman of the supervisory board |
Ing. Werner Kasztler |
|
1998-10-13 |
2013-07-24 |
deputy chairman of the supervisory board |
lic.rer.pol. Samuel Spreng |
|
1997-10-15 |
1998-10-13 |
member of the supervisory board |
lic.rer.pol. Samuel Spreng |
|
2005-12-29 |
2006-07-15 |
member of the supervisory board |
Ing.Dkfm. Hans Zavesky |
|
1997-10-15 |
2013-07-24 |
member of the supervisory board |
MBA. Hans Winzenried |
|
|
1997-07-16 |
manager |
Ing.Dkfm. Hans Zavesky |
|
|
1997-10-15 |
member of the supervisory board |
Mag. Kurt Stiassny |
|
|
2000-06-01 |
joint signing clerk |
Ing. Alois Hauer |
|
1998-11-14 |
2001-05-10 |
joint signing clerk |
Dr. Franz Semmernegg |
|
|
1998-04-11 |
joint signing clerk |
Dr. Franz Semmernegg |
|
1998-04-11 |
2003-12-10 |
joint signing clerk |
Franz Thoma |
|
|
1997-10-15 |
deputy chairman of the supervisory board |
Mag.Dr. Günther Ofner |
|
|
1997-10-15 |
member of the supervisory board |
Dr.jur. Stephan Frotz |
|
1997-10-15 |
1999-03-16 |
member of the supervisory board |
Dipl-Ing.Dr. Jürg Pauli |
|
from |
to |
position |
name |
|
1994-10-21 |
1997-07-16 |
partner |
Ericsson Austria GmbH |
|
1994-11-18 |
1997-07-16 |
partner |
Unternehmens Invest Aktiengesellschaft |
|
1994-10-21 |
1997-07-16 |
partner |
Teleconsult Beteiligungs GmbH |
|
1994-11-18 |
1997-07-16 |
partner |
Energie Burgenland AG |
|
from |
to |
company name |
|
|
1994-11-09 |
SEMCOM nachrichtentechnische Anlagen Vertriebs-GmbH in Liqu. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.64 |
|
|
1 |
Rs.96.81 |
|
Euro |
1 |
Rs.71.51 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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 |
-- |
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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.