|
Report No. : |
347077 |
|
Report Date : |
04.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
FHW FRANZ HAAS WAFFELMASCHINEN GMBH |
|
|
|
|
Registered Office : |
Franz Haasstraße A-2100 Leobendorf |
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|
|
|
Country : |
Austria |
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|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
1905 |
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|
|
|
Legal Form : |
Limited Liability Company |
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|
|
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Line of Business : |
|
|
|
|
|
No. of Employee : |
430 (approx.) |
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 |
|
Maximum Credit Limit : |
EUR 2.106.000,00 |
|
|
|
|
Status : |
Satisfactory |
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|
|
|
Payment Behaviour : |
No complaints |
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|
|
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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 |
FHW
FRANZ HAAS WAFFELMASCHINEN GMBH
Franz Haasstraße
A-2100 Leobendorf
|
Phone: |
(0043) 2262 600 |
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Fax: |
(0043) 2262 600 - 111 |
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E-mail: |
|
|
E-mail: |
haas.com |
CREDIT
LIMIT
|
Maximum Individual
Credit: |
EUR 2.106.000,00 |
ÖNACE 28930 70% Manufacture of machinery for
food, beverage and tobacco processing
ÖNACE 46690 30% Wholesale of other machinery
and equipment
Financial details can also be entered during
the period, irrespective of the balance sheet date.
|
total turnover (total sales) |
2014 |
EUR |
110.830.576,61 |
(exact) |
|
total turnover (total sales) |
2013 |
EUR |
106.401.190,78 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR |
104.881.000,00 |
(approx.) |
|
total investments |
2014 |
EUR |
1.312.183,88 |
(exact) |
|
total employees |
2015 |
|
430 |
(approx.) |
|
Company name |
FHW Franz Haas Waffelmaschinen GmbH |
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Year of incorporation |
1905 |
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Type of company |
Manufacturing |
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|
Legal form |
limited liability company since 2011-10-10 |
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Companies house number |
FN 370504 i Wien since 2011-11-09 |
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VAT number |
ATU 66820899 |
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number - Austrian National Bank |
11164859 |
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Last balance sheet: |
2014 |
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Banking connection |
|
|
operational |
A-2100 Leobendorf, Franz Haasstraße,
(Ident Franz Haasstraße 1) |
registered headquarters |
|
|
0043 2262 600 |
haas.com |
|
operational |
A-1210 Wien, Gerstlgasse 25 |
registered office |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered
in the companies' house) |
|
Dipl-Ing. Peter Keller |
1956-10-04 |
A-3493 Hadersdorf am Kamp Hauptplatz 9 |
manager |
0 |
|
Dipl-Ing. Günter Muhr |
1970-09-15 |
A-7061 Trausdorf an der Wulka Waldgasse 74 |
manager |
0 |
|
Heinz Wolfgang Schnallinger |
1965-04-06 |
A-1210 Wien Pragerstraße 124 |
head of accounting |
1 |
|
Company name |
Address |
Shareholdings in % |
Since |
Commercial register no. |
|
Shares in this company are held by: |
||||
|
Haas Food Equipment GmbH |
A-2100 Leobendorf Franz Haasstraße |
100 % |
2011-11-09 |
FN 229309 w |
|
|
||||
|
|
||||
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This company holds less than 50% of the
shares in: |
||||
|
WMA Weinviertler Mechatronik Akademie GmbH |
A-2120 Wolkersdorf Rupert Fertingerstraße 1 |
21,43 % |
2014-08-22 |
FN 419693 x |
|
|
||||
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Affiliated companies and further
participations: |
||||
|
Franz Haas Vermögens- und Beteiligungs
Aktiengesellschaft |
A-1210 Wien Gerstlgasse 25 |
|
|
FN 167513 v |
|
G.A.G. Gewerbepark Anteilsverwaltung GmbH |
A-1040 Wien Taubstummengasse 15/8a |
|
|
FN 220856 p |
|
HÜLLER & HOLZER OEG |
A-1210 Wien Anton-Störckgasse 73 |
|
|
FN 243036 g |
|
MODESTA Management und Beteiligungs GmbH |
A-1040 Wien Taubstummengasse 15/Top 8a |
|
|
FN 274282 g |
|
Haas Immobilien Development GmbH |
A-1010 Wien Wipplingerstraße 31/7B |
|
|
FN 290743 p |
|
HR-Haas Real GmbH |
A-2100 Leobendorf Berggasse 6 |
|
|
FN 349788 w |
|
Haas-Meincke Austria GmbH |
A-2100 Leobendorf Franz Haasstraße |
|
|
FN 370539 k |
|
CFT Haas Convenience Food Equipment GmbH |
A-2100 Leobendorf Franz Haasstraße |
|
|
FN 370540 m |
|
|
2014-12-31 |
|
Franchises, patents, licences, trademarks
and similar rights and advantages |
185.726,00 |
|
Sum intangible assets |
185.726,00 |
|
|
|
|
Other operating and business equipment |
90.972,10 |
|
Technical plants and machines |
5.206.066,00 |
|
Advanced payments and constructions in
progress |
225.000,00 |
|
Sum tangible assets |
5.522.038,10 |
|
|
|
|
Shares on related firms |
129.012,01 |
|
Other shareholdings |
30.000,00 |
|
Other loans |
68.000,00 |
|
Sum financial assets |
227.012,01 |
|
|
|
|
Sum fixed assets |
5.934.776,11 |
|
|
|
|
Raw-, auxiliary materials and supplies |
4.786.387,37 |
|
Unfinished products |
10.578.034,30 |
|
Finished products |
996.946,93 |
|
Outstanding service claims |
175.244,00 |
|
Advanced payments |
637.059,47 |
|
Received advanced payments for orders |
-2.846.994,00 |
|
Sum stock |
14.326.678,07 |
|
|
|
|
Claims from delivered goods and performed
services |
5.577.591,86 |
|
Claims against related firmes Claims against
companies with shareholding relationship |
36.852.696,31 |
|
Other claims and assets |
1.418.992,03 |
|
Sum claims |
43.849.280,20 |
|
|
|
|
Cash on hand, cheques and bank deposits |
153.414,56 |
|
Sum cash and bank |
153.414,56 |
|
|
|
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Sonstige Aktiva |
1.255.488,29 |
|
Sum current assets |
58.329.372,83 |
|
|
|
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Deferred charges |
321.702,72 |
|
Sum deferred charges |
321.702,72 |
|
Assets |
65.841.339,95 |
|
|
|
|
Subscribed/declared capital |
36.000,00 |
|
Not committed capital reserves |
13.344.718,03 |
|
Legal reserves |
3.600,00 |
|
Balance sheet profit/balance sheet loss |
16.350.030,03 |
|
Thereof profit/loss carried forward |
1.059.364,80 |
|
Sum equity capital |
29.734.348,06 |
|
|
|
|
Other reserves before taxes |
260.176,00 |
|
Sum reserves before taxes |
260.176,00 |
|
|
|
|
Reserves for severance pays |
5.600.177,00 |
|
Reserves for pensions |
11.949,00 |
|
Other reserves |
12.443.483,93 |
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Sum reserves |
18.055.609,93 |
|
|
|
|
Received advanced payments for orders |
8.337.704,11 |
|
Liabilities from delivered goods and
performed services |
7.745.449,25 |
|
Liabilities against related firms |
388.459,49 |
|
Other liabilities |
1.249.843,11 |
|
Sum liabilities |
17.721.455,96 |
|
|
|
|
Deferred income |
69.750,00 |
|
Sum deferred income |
69.750,00 |
|
|
|
|
Liabilities and shareholders'equity |
65.841.339,95 |
|
Balance sheet sum |
65.841.339,95 |
|
|
|
|
|
2014-12-31 |
|
Gross sales |
110.830.576,61 |
|
Increase or decrease in finished and
unfinished goods and in service claims |
452.703,24 |
|
Other manufacturing costs capitalized |
250.281,77 |
|
Total turnover or gross profit |
111.533.561,62 |
|
|
|
|
Profits from retirement of fixed assets, except
financial assets |
41.500,00 |
|
Income from dissolution of reserves |
1.274.346,48 |
|
Other operating profits |
5.212.687,25 |
|
Other operating profits totally |
6.528.533,73 |
|
|
|
|
Costs for obtained services |
-8.604.278,28 |
|
Material costs |
-35.974.271,82 |
|
Costs for obtained services totally |
-44.578.550,10 |
|
|
|
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Wages |
-9.869.834,76 |
|
Salaries |
-12.543.762,18 |
|
Costs for severance pays |
-425.743,34 |
|
Costs for old age pension |
-960,00 |
|
Legal fringe benefits and other payments
depending on salaries |
-5.949.825,15 |
|
Other social fringe benefits |
-104.872,15 |
|
Personnel expenses totally |
-28.894.997,58 |
|
|
|
|
Depreciation of intangible assets,
tangible assets,activated expenses for the set up and expansion of business operation |
-1.186.831,44 |
|
Depreciation tangible assets / intangible
assets totally |
-1.186.831,44 |
|
|
|
|
Other operating costs |
-27.908.245,60 |
|
Total costs |
-27.908.245,60 |
|
|
|
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Operating result totally |
15.493.470,63 |
|
|
|
|
Interest income, securties income and
similar income |
864.120,83 |
|
Interest and similar disbursements |
-797.793,27 |
|
Financial profits totally |
66.327,56 |
|
|
|
|
Results from usual business activity
totally |
15.559.798,19 |
|
|
|
|
Taxes on income and profits |
-2.286.533,96 |
|
Taxes on income and profits totally |
-2.286.533,96 |
|
|
|
|
Annual surplus/annual deficit totally |
13.273.264,23 |
|
|
|
|
Dissolution reserves before taxes |
17.401,00 |
|
Dissolution profit reserves |
2.000.000,00 |
|
Reserves movements totally |
2.017.401,00 |
|
|
|
|
Annual profit/annual loss totally |
15.290.665,23 |
|
|
|
|
Profit and loss carried forward from
previous year |
1.059.364,80 |
|
Transfer of profits totally |
1.059.364,80 |
|
|
|
|
B/S profit/ B/S loss from profit and loss
account |
16.350.030,03 |
|
|
|
|
|
2014 |
|
Cashflow II |
14.460.095,67 |
|
Debt amortisation period in years |
1,88 |
|
Bank indebtedness |
0,00 |
|
Equity capital share in % |
52,16 |
|
Social capital share |
8,52 |
|
Fixed assets coverage |
599,96 |
|
Net profit ratio |
13,95 |
|
Capital turnover |
1,69 |
|
Return on investment in % |
24,84 |
|
Cashflow in % of operating performance |
12,96 |
|
Cashflow I |
16.746.629,63 |
|
Gross productivity |
3,85 |
|
Net productivity |
2,31 |
|
Operating performance |
111.533.561,62 |
|
Inventories in % of operating performance |
12,84 |
|
Gross profit |
66.955.011,52 |
Note
No real estate property registered
|
firm (style) |
1
FHW Franz Haas Waffelmaschinen GmbH |
|
legal form |
1
Gesellschaft mit beschränkter Haftung |
|
registered office |
1
politischer Gemeinde Wien |
|
business adress |
1
Gerstlgasse 25 |
|
capital |
1
EUR 36.000 |
|
reference date annual accounts |
1
31. Dezember |
|
annual accounts |
7
zum 31.12.2014 eingereicht am 10.08.2015 |
|
power of representation |
1
Die Gesellschaft wird, wenn mehrere Geschäftsführer |
|
|
|
|
Managing
Director |
|
|
E
Dipl.Ing. Peter Keller, geb. 04.10.1956 |
|
|
|
|
|
Shareholder |
|
|
D
Haas Food Equipment GmbH |
|
|
|
|
|
General
Table |
|
|
Handelsgericht Wien |
|
|
Year of incorporation |
1905 |
|
Date of registration |
2011-11-09 |
|
From |
to |
position |
name |
|
2011-11-09 |
2012-05-03 |
manager |
Mag. Johannes Haas |
|
2011-11-09 |
2012-05-03 |
manager |
Dr. Josef Haas |
|
2011-11-09 |
2012-05-03 |
manager |
Ing.Mag. Stefan Jiraschek |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.45 |
|
|
1 |
Rs.100.96 |
|
Euro |
1 |
Rs.72.10 |
INFORMATION DETAILS
|
Analysis Done by
: |
HNA |
|
|
|
|
Report Prepared
by : |
ANK |
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.