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Report No. : |
345693 |
|
Report Date : |
19.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
DEWETRON GMBH |
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|
|
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Registered Office : |
Parkring 4 A-8074 Grambach |
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Country : |
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|
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Financials (as on) : |
31.12.2013 |
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Date of Incorporation : |
04.08.1989 |
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|
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Legal Form : |
Limited Liability Company |
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Line of Business : |
· Manufacture of instruments and appliances for measuring, testing and navigation · Wholesale of electronic and telecommunications equipment and parts |
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No. of Employee : |
87 (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 |
|
Status : |
Satisfactory |
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|
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Payment Behaviour : |
Slow but correct |
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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 |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 |
DEWETRON GMBH
Parkring 4
A-8074 Grambach
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Phone: |
(0043) 316 3070 |
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Fax: |
(0043) 316 3070 – 90 |
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E-mail: |
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Internet: |
ÖNACE 26510 55% Manufacture of instruments and appliances for measuring, testing and navigation
ÖNACE 46520 45% Wholesale of electronic and telecommunications equipment and parts
Financial details can also be entered during the period, irrespective of the balance sheet date.
|
total turnover (total sales) |
2014 |
EUR |
14.000.000,00 |
(estimated) |
|
total turnover (total sales) |
2013 |
EUR |
14.719.532,93 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR |
17.540.047,45 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR |
17.376.494,02 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR |
15.420.841,38 |
(exact) |
|
total investments |
2013 |
EUR |
589.871,44 |
(exact) |
|
total company vehicles |
2015 |
|
4 |
(approx.) |
|
cars |
2015 |
|
4 |
(approx.) |
|
total employees |
2015 |
|
87 |
(approx.) |
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Company name |
DEWETRON GmbH |
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Year of incorporation |
1989 |
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Type of company |
Manufacturing |
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Legal form |
limited liability company since 1989-08-04 |
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Trade names |
Elektronische Meßgeräte |
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Companies house number |
FN 43745 g Graz since 1989-08-18 |
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Import |
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Export |
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ARA-number |
15609 |
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VAT number |
ATU 28698601 |
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number - Austrian National Bank |
1293290 |
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Last balance sheet: |
2013 |
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Banking connection |
|
|
operational |
A-8074 Grambach, Parkring 4 |
registered headquarters, rented premises |
|
|
0043 316 3070 |
sales@dewetron.com |
|
operational |
A-8074 Grambach, Parkring 4 |
registered office |
|
former |
A-8010 Graz, Riesstraße 146 |
registered office |
|
former |
A-8010 Graz, Riesstraße 146 |
registered headquarters |
|
former |
A-8044 Graz Mariatrost, Föllingerstraße 9e |
registered headquarters |
|
former |
A-1210 Wien, Gerasdorferstraße 152/141 |
branch office |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the companies' house) |
|
Dipl-Ing. Oskar Dohrau |
1967-09-28 |
A-8046 Stattegg Am Ursprung 22 |
manager |
0 |
|
Ing. Franz Degen |
1952-05-07 |
A-8044 Graz Mariatrost Föllingerstraße 25 |
head of purchasing head of sales head of marketing |
1 |
|
Ing. Gerhard Schaden |
|
A-8074 Grambach Parkring 4(c/o) |
head of purchasing |
0 |
|
Ing. Rainer Pongratz |
|
A-8074 Grambach Parkring 4(c/o) |
head of EDP |
0 |
|
Ing. Raimund Trummer |
|
A-8074 Grambach Parkring 4(c/o) |
technical director |
0 |
|
Ing. Herbert Wernigg |
1962-03-09 |
A-8063 Brodingberg Badstraße 18 |
head of personnel |
4 |
|
Company name |
Address |
Shareholdings in % |
Since |
Commercial register no. |
|
Shares in this company are held by: |
||||
|
TKH Technologie Deutschland AG |
D-60329 Frankfurt Wilhelm Leuschnerstraße 9-11 |
100 % |
2000-10-10 |
|
|
|
2013-12-31 |
|
Intangible assets |
326.394,00 |
|
Sum intangible assets |
326.394,00 |
|
|
|
|
Other tangible assets |
40.600,99 |
|
Other operating and business equipment |
302.014,09 |
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Sum tangible assets |
342.615,08 |
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|
|
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Shares on related firms |
4.121.783,03 |
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Sum financial assets |
4.121.783,03 |
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|
|
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Sum fixed assets |
4.790.792,11 |
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|
|
|
Stocks |
2.542.949,78 |
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Sum stock |
2.542.949,78 |
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|
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Claims against companies with shareholding relationship |
22.549,50 |
|
Claims against related firmes Claims against companies with shareholding relationship |
1.664.474,60 |
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Other claims and assets |
1.254.115,40 |
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Sum claims |
2.941.139,50 |
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|
|
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Cash on hand, cheques and bank deposits |
510.847,63 |
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Sum cash and bank |
510.847,63 |
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|
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Sum current assets |
5.994.936,91 |
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|
|
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Deferred charges |
178.888,22 |
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Sum deferred charges |
178.888,22 |
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Assets |
10.964.617,24 |
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|
|
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Subscribed/declared capital |
500.000,00 |
|
Profit reserves |
14.799,44 |
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Balance sheet profit/balance sheet loss |
2.872.783,53 |
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Thereof profit/loss carried forward |
3.288.809,80 |
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Sum equity capital |
3.387.582,97 |
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|
|
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Reserves for severance pays |
608.605,00 |
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Other reserves |
880.381,76 |
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Sum reserves |
1.488.986,76 |
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Liabilities against credit institutes |
1.800.000,00 |
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Liabilities against related firms |
2.521.088,72 |
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Other liabilities |
1.766.958,79 |
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Sum liabilities |
6.088.047,51 |
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Liabilities and shareholders'equity |
10.964.617,24 |
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Contingent liabilities |
36.732,55 |
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Balance sheet sum |
10.964.617,24 |
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|
2013-12-31 |
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Gross profit |
7.031.993,31 |
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Total turnover or gross profit |
7.031.993,31 |
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|
|
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Profits from retirement of fixed assets, except financial assets |
2.175,00 |
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Income from dissolution of reserves |
534.426,74 |
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Other operating profits |
205.858,68 |
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Other operating profits totally |
742.460,42 |
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|
|
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Salaries |
-4.290.521,67 |
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Costs for severance pays |
-412.182,45 |
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Legal fringe benefits and other payments depending on salaries |
-1.123.208,51 |
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Other social fringe benefits |
-88.369,07 |
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Personnel expenses totally |
-5.914.281,70 |
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|
|
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Depreciation of intangible assets, tangible assets,activated expenses for the set up and expansion of business operation |
-229.320,90 |
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Depreciation tangible assets / intangible assets totally |
-229.320,90 |
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|
|
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Other operating costs |
-2.539.127,76 |
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Total costs |
-2.539.127,76 |
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|
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Operating result totally |
-908.276,63 |
|
|
|
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Profits from shareholdings |
597.790,00 |
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Interest income, securties income and similar income |
833,86 |
|
Interest and similar disbursements |
-106.840,28 |
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Financial profits totally |
491.783,58 |
|
|
|
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Results from usual business activity totally |
-416.493,05 |
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|
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Taxes on income and profits |
466,78 |
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Taxes on income and profits totally |
466,78 |
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|
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Annual surplus/annual deficit totally |
-416.026,27 |
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|
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Annual profit/annual loss totally |
-416.026,27 |
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|
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Profit and loss carried forward from previous year |
3.288.809,80 |
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Transfer of profits totally |
3.288.809,80 |
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|
|
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B/S profit/ B/S loss from profit and loss account |
2.872.783,53 |
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|
|
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|
2013 |
|
Cashflow II |
-186.705,37 |
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Bank indebtedness |
16,41 |
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Equity capital share in % |
30,89 |
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Social capital share |
5,55 |
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Fixed assets coverage |
83,41 |
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Net profit ratio |
0,00 |
|
Capital turnover |
0,00 |
|
Return on investment in % |
-2,82 |
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Cashflow in % of operating performance |
0,00 |
|
Cashflow I |
-187.172,15 |
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Gross productivity |
0,00 |
|
Net productivity |
0,00 |
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Operating performance |
0,00 |
|
Inventories in % of operating performance |
0,00 |
|
Gross profit |
7.031.993,31 |
Note
No real estate property registered
|
firm (style) |
32 DEWETRON GmbH |
|
legal form |
1 Gesellschaft mit beschränkter Haftung |
|
registered office |
8 Grambach, politische Gemeinde
Raaba-Grambach |
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business adress |
8 Parkring 4 |
|
capital |
14 EUR 500.000 |
|
reference date annual accounts |
5 31. Dezember |
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annual accounts |
31 zum 31.12.2013 eingereicht am
23.09.2014 |
|
power of representation |
4 Die Gesellschaft wird, wenn mehrere
Geschäftsführer |
|
|
|
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MANAGING DIRECTOR |
|
|
G DI Oskar Dohrau, geb. 28.09.1967 |
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|
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SHAREHOLDER |
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|
E TKH Technologie Deutschland AG |
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GENERAL TABLE |
|
|
Landesgericht für ZRS
Graz |
|
|
Year of incorporation |
1989 |
|
Date of registration |
1989-08-18 |
|
from |
to |
company name |
|
|
2014-10-28 |
DEWETRON Elektronische Meßgeräte Gesellschaft m.b.H. |
|
2014-10-28 |
|
DEWETRON GmbH |
|
from |
to |
asset |
|
|
|
2000-10-10 |
ATS |
500.000,00 |
|
2000-10-10 |
2002-10-17 |
EUR |
100.000,00 |
|
2002-10-17 |
|
EUR |
500.000,00 |
|
from |
to |
position |
name |
|
|
2002-03-27 |
manager |
Ing. Franz Degen |
|
1989-08-04 |
2008-08-14 |
manager |
Ing. Herbert Wernigg |
|
2008-08-14 |
2011-05-18 |
manager |
Roland Jeutter |
|
2001-06-22 |
2002-03-27 |
joint signing clerk |
Johanna Degen |
|
2002-03-27 |
2009-06-16 |
individual signing clerk |
Johanna Degen |
|
from |
to |
position |
name |
birth date |
|
1989-08-18 |
1999-01-12 |
partner |
Ing. Franz Degen |
1952-05-07 |
|
1989-08-18 |
1999-01-12 |
partner |
Johanna Degen |
1952-05-08 |
|
1989-08-18 |
1999-01-12 |
partner |
Ing. Herbert Wernigg |
1962-03-09 |
|
1989-08-18 |
1999-01-12 |
partner |
Olga Wernigg |
|
|
1999-01-12 |
2000-10-10 |
partner |
Augusta Beteiligungs- Aktiengesellschaft |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.97 |
|
|
1 |
Rs.100.54 |
|
Euro |
1 |
Rs.73.99 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.