|
Report No. : |
347088 |
|
Report Date : |
27.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
BERNDORF BAND GMBH |
|
|
|
|
Registered Office : |
Leobersdorferstraße 26 A-2560 Berndorf |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Year of Incorporation : |
1989 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
· Treatment and coating of metals · Manufacture of other fabricated metal products |
|
|
|
|
No. of Employees : |
240 (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 1.470.000,00 |
|
|
|
|
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 sound industrial sector, and a small, but highly developed agricultural sector. Following several years of solid foreign demand for Austrian exports and record employment growth, the international financial crisis of 2008 and subsequent global economic downturn led to a sharp but brief recession. Austrian GDP contracted 3.8% in 2009 but saw positive growth of in 2010-12. Growth fell below 1% in 2013-14. Unemployment did not rise as steeply in Austria as elsewhere in Europe, partly because the government subsidized reduced working hour schemes to allow companies to retain employees. Stabilization measures, stimulus spending, and an income tax reform pushed the budget deficit to 4.5% in 2010. In March 2012, the Austrian parliament approved an austerity package consisting of a mix of expenditure cuts and new revenues that will bring public finances into balance by 2016. The deficit was steadily reduced to 1.5% of GDP in 2014 as a result of the measures. The international financial crisis of 2008 caused difficulties for Austria's largest banks whose extensive operations in central, eastern, and southeastern Europe faced large losses. The government provided bank support - including in some instances, nationalization - to support aggregate demand and stabilize the banking system. Austria's fiscal position compares favorably with other euro-zone countries, but it faces external risks, such as Austrian banks' continued exposure to Central and Eastern Europe as well as political and economic uncertainties caused by the European sovereign debt crisis. In 2011, the government attempted to pass a constitutional amendment limiting public debt to 60% of GDP by 2020, but it was unable to obtain sufficient support in parliament and instead passed the measure as a simple law.
|
Source
: CIA |
BERNDORF BAND GMBH
Leobersdorferstraße 26
A-2560 Berndorf
ÖNACE 25610 60% Treatment
and coating of metals
ÖNACE 25990 40% Manufacture
of other fabricated metal products n.e.c.
CREDIT LIMIT
Maximum individual credit: EUR 1.470.000,00
Financial details can also be entered during the period, irrespective of the balance sheet date.
|
total turnover (total sales) |
2014 |
EUR |
77.364.000,00 |
(approx.) |
|
total turnover (total sales) |
2013 |
EUR |
65.163.351,88 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR |
72.984.556,98 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR |
72.466.921,53 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR |
53.640.025,57 |
(exact) |
|
total investments |
2012 |
EUR |
5.314.352,68 |
(exact) |
|
total company vehicles |
2015 |
|
12 |
(approx.) |
|
self-financed vehicles |
2015 |
|
3 |
(approx.) |
|
leasing vehicles |
2015 |
|
9 |
(approx.) |
|
cars |
2015 |
|
7 |
(approx.) |
|
lorries up to 3.5t |
2015 |
|
5 |
(approx.) |
|
total employees |
2015 |
|
240 |
(approx.) |
|
Company name |
Berndorf Band GmbH |
|||||||||||||||
|
Year of incorporation |
1989 |
|||||||||||||||
|
Type of company |
Manufacturing |
|||||||||||||||
|
Legal form |
limited liability company since 2003-03-12 |
|||||||||||||||
|
Companies House number |
FN 233231 m Wiener Neustadt since 2003-03-19 |
|||||||||||||||
|
Import |
|
|||||||||||||||
|
Export |
|
|||||||||||||||
|
VAT number |
ATU 61611205 |
|||||||||||||||
|
number - Austrian National Bank |
5822874 |
|||||||||||||||
|
Last balance sheet: |
2013 |
|||||||||||||||
|
Banking connection |
|
|
operational |
A-2560 Berndorf, Leobersdorfer Straße 26 |
registered office |
|
operational |
A-2560 Berndorf, Leobersdorferstraße 26 |
registered headquarters, rented premises |
|
|
0043 2672 800 |
band@berndorf.co.at |
|
Surname |
Date
of birth |
Address |
Executive
positions |
Further
executive positions (as registered in the companies' house) |
|
Mag.
Herbert Schweiger |
1961-03-22 |
A-2344
Maria Enzersdorf Donaustraße 49 |
manager
partner |
0 |
|
MBA.
Gerd Altmutter |
1972-05-13 |
A-1130
Wien Jörsgasse 15 |
joint
signing clerk |
0 |
|
Mag.
Wolfgang Horvath |
1968-12-05 |
A-2700
Wiener Neustadt Hartinggasse 20b |
joint
signing clerk |
0 |
|
Mag.
Alexander Leutner |
1968-07-23 |
A-2371
Hinterbrühl Rudolf von Alt-Weg 4 |
joint
signing clerk |
1 |
|
Ing.
Karl Morgenbesser |
1960-01-30 |
A-2870
Aspang Hammergasse 20 |
joint
signing clerk technical director |
1 |
|
Ing.
Roland Schuster |
1966-03-04 |
A-2560
Berndorf Ludwig Baumannstraße 53 |
joint
signing clerk technical director |
0 |
|
Günter
Hidegh |
1965-04-15 |
A-7024
Hirm Angergasse 20 |
head
of accounting |
0 |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the companies' house) |
|
Mag. Herbert Schweiger |
1961-03-22 |
A-2344 Maria Enzersdorf Donaustraße 49 |
manager partner |
0 |
|
MBA. Gerd Altmutter |
1972-05-13 |
A-1130 Wien Jörsgasse 15 |
joint signing clerk |
0 |
|
Mag. Wolfgang Horvath |
1968-12-05 |
A-2700 Wiener Neustadt Hartinggasse 20b |
joint signing clerk |
0 |
|
Mag. Alexander Leutner |
1968-07-23 |
A-2371 Hinterbrühl Rudolf von Alt-Weg 4 |
joint signing clerk |
1 |
|
Ing. Karl Morgenbesser |
1960-01-30 |
A-2870 Aspang Hammergasse 20 |
joint signing clerk technical director |
1 |
|
Ing. Roland Schuster |
1966-03-04 |
A-2560 Berndorf Ludwig Baumannstraße 53 |
joint signing clerk technical director |
0 |
|
Günter Hidegh |
1965-04-15 |
A-7024 Hirm Angergasse 20 |
head of accounting |
0 |
|
Company name |
Address |
Shareholdings in
% |
Since |
Commercial
register no. |
|
Shares in this company
are held by: |
||||
|
Berndorf Hueck Band- und Preßblechtechnik GmbH |
A-2560 Berndorf Leobersdorferstraße 26 |
99 % |
2003-03-19 |
FN 184690 d |
|
|
|
|
|
|
|
Mag. Herbert Schweiger |
A-2344 Maria Enzersdorf Donaustraße 49 |
1 % |
2012-07-18 |
|
|
|
|
|
|
|
|
This company
holds 100% of the shares in: |
||||
|
Berndorf Band Engineering GmbH |
A-2560 Berndorf Leobersdorferstraße 26 |
100 % |
2007-11-17 |
FN 296321 t |
|
|
|
|
|
|
|
Berndorf Sondermaschinenbau Gesellschaft m.b.H. |
A-2560 Berndorf Leobersdorferstraße 26 |
100 % |
2012-07-24 |
FN 116683 v |
|
|
|
|
|
|
|
Affiliated companies and further participations: |
||||
|
Berndorf Aktiengesellschaft |
A-2560 Berndorf Leobersdorferstraße 26 |
|
|
FN 117391 i |
|
|
|
|
|
|
|
BERNDORF Technologie G.m.b.H. |
A-2560 Berndorf Leobersdorferstraße 26 |
|
|
FN 120000 x |
|
|
|
|
|
|
|
F.A.S. CABO GmbH |
A-2560 Berndorf Leobersdorferstraße 26 |
|
|
FN 149224 y |
|
|
|
|
|
|
|
Berndorf Besteck Handelsgesellschaft m.b.H. |
A-2560 Berndorf Leobersdorferstraße 26 |
|
|
FN 150746 k |
|
|
|
|
|
|
|
Easyfocus GmbH |
A-3002 Purkersdorf Pummergasse 20 |
|
|
FN 204022 h |
|
|
|
|
|
|
|
BJAH Beteiligungsverwaltungs GmbH |
A-2560 Berndorf Leobersdorferstraße 26 |
|
|
FN 339985 d |
|
|
|
|
|
|
|
Berndorf Metall- und Bäderbau GmbH |
A-2560 Berndorf Leobersdorferstraße 26 |
|
|
FN 149227 b |
|
|
2013-12-31 |
|
Patents and licenses |
67.554,91 |
|
Sum intangible assets |
67.554,91 |
|
Other tangible assets |
1.722.344,31 |
|
Other operating and business equipment |
2.778.912,55 |
|
Technical plants and machines |
15.270.154,75 |
|
Advanced payments and constructions in progress |
8.221.215,65 |
|
Sum tangible assets |
27.992.627,26 |
|
Shares on related firms |
2.026.668,68 |
|
Other financial assets, values and securities of fixed assets |
704.165,00 |
|
Sum financial assets |
2.730.833,68 |
|
Sum fixed assets |
30.791.015,85 |
|
Raw-, auxiliary materials and supplies |
5.159.415,45 |
|
Unfinished products |
8.512.077,57 |
|
Finished products |
1.341.220,49 |
|
Sum stock |
15.012.713,51 |
|
Claims from delivered goods and performed services |
11.325.163,03 |
|
Claims against companies with shareholding relationship |
828.972,20 |
|
Claims against related firmes Claims against companies with shareholding relationship |
3.999.223,18 |
|
Other claims and assets |
1.365.044,82 |
|
Sum claims |
17.518.403,23 |
|
Cash on hand, cheques and bank deposits |
4.085.301,19 |
|
Sum cash and bank |
4.085.301,19 |
|
Sum current assets |
36.616.417,93 |
|
Deferred charges |
49.681,41 |
|
Sum deferred charges |
49.681,41 |
|
Assets |
67.457.115,19 |
|
|
|
|
Subscribed/declared capital |
35.000,00 |
|
Not committed capital reserves |
6.446.865,40 |
|
Legal reserves |
3.500,00 |
|
Free reserves |
6.763.604,29 |
|
Balance sheet profit/balance sheet loss |
21.607.006,65 |
|
Thereof profit/loss carried forward |
10.551.493,60 |
|
Sum equity capital |
34.855.976,34 |
|
Subsidies and contributions |
407.698,11 |
|
Dividend certificate capital |
1.500.000,00 |
|
Special account floor capital |
95.383,80 |
|
Sum floor capital |
2.003.081,91 |
|
Reserves for severance pays |
2.789.838,00 |
|
Other reserves |
4.261.284,84 |
|
Sum reserves |
7.051.122,84 |
|
Liabilities against credit institutes |
15.700.000,00 |
|
Received advanced payments for orders |
2.594.953,44 |
|
Liabilities from delivered goods and performed services |
584.173,29 |
|
Liabilities against related firms |
2.566.023,98 |
|
Liabilities against firm with shareholding relationship |
1.683,68 |
|
Other liabilities |
2.100.099,71 |
|
Sum liabilities |
23.546.934,10 |
|
|
|
|
Liabilities |
67.457.115,19 |
|
Contingent liabilities |
67.457.115,19 |
|
Balance sheet sum |
67.457.115,19 |
|
|
|
|
|
2013-12-31 |
|
Gross sales |
65.163.351,88 |
|
Increase or decrease in finished and unfinished goods and in service claims |
-405.632,12 |
|
Other manufacturing costs capitalized |
300.830,29 |
|
Total turnover or gross profit |
65.058.550,05 |
|
|
|
|
Profits from retirement of fixed assets, except financial assets |
25.666,67 |
|
Income from dissolution of reserves |
235.679,78 |
|
Other operating profits |
745.185,95 |
|
Other operating profits totally |
1.006.532,40 |
|
|
|
|
Costs for obtained services |
-4.011.047,97 |
|
Material costs |
-9.898.447,39 |
|
Costs for obtained services totally |
-13.909.495,36 |
|
|
|
|
Wages |
-5.736.553,26 |
|
Salaries |
-6.563.767,23 |
|
Costs for severance pays |
-263.715,49 |
|
Legal fringe benefits and other payments depending on salaries |
-3.252.361,49 |
|
Other social fringe benefits |
-36.819,24 |
|
Personnel expenses totally |
-15.853.216,71 |
|
|
|
|
Depreciation of intangible assets, tangible assets,activated expenses for the set up and expansion of business operation |
-4.439.791,37 |
|
Depreciation tangible assets / intangible assets totally |
-4.439.791,37 |
|
|
|
|
Other operating costs |
-17.327.565,64 |
|
Total costs |
-17.327.565,64 |
|
|
|
|
Operating result totally |
14.535.013,37 |
|
|
|
|
Profits from shareholdings |
859.432,35 |
|
Income from other securities and loans of financial assets |
41.535,00 |
|
Interest income, securties income and similar income |
66.116,42 |
|
Interest and similar disbursements |
-404.600,24 |
|
Financial profits totally |
562.483,53 |
|
|
|
|
Results from usual business activity totally |
15.097.496,90 |
|
|
|
|
Taxes on income and profits |
-4.041.983,85 |
|
Taxes on income and profits totally |
-4.041.983,85 |
|
|
|
|
Annual surplus/annual deficit totally |
11.055.513,05 |
|
|
|
|
Annual profit/annual loss totally |
11.055.513,05 |
|
|
|
|
Profit and loss carried forward from previous year |
10.551.493,60 |
|
Transfer of profits totally |
10.551.493,60 |
|
|
|
|
B/S profit/ B/S loss from profit and loss account |
21.607.006,65 |
|
|
2013 |
|
Cashflow II |
15.495.304,42 |
|
Debt amortisation period in years |
1,54 |
|
Bank indebtedness |
23,27 |
|
Equity capital share in % |
56,82 |
|
Social capital share |
4,13 |
|
Fixed assets coverage |
128,76 |
|
Net profit ratio |
23,20 |
|
Capital turnover |
0,96 |
|
Return on investment in % |
22,98 |
|
Cashflow in % of operating performance |
23,81 |
|
Cashflow I |
19.537.288,27 |
|
Gross productivity |
4,10 |
|
Net productivity |
3,22 |
|
Operating performance |
65.058.550,05 |
|
Inventories in % of operating performance |
23,07 |
|
Gross profit |
51.149.054,69 |
Note
No real estate property registered
|
firm (style) |
1 Berndorf Band GmbH |
|
legal form |
1 Gesellschaft mit beschränkter Haftung |
|
registered office |
1 politischer Gemeinde Berndorf |
|
business adress |
1 Leobersdorfer Straße 26 |
|
capital |
1 EUR 35.000 |
|
reference date annual accounts |
1 31. Dezember |
|
annual accounts |
21 zum 31.12.2013 eingereicht am 23.07.2014 |
|
power of representation |
1 Die Gesellschaft wird, wenn mehrere
Geschäftsführer |
|
|
|
|
proxy |
|
|
C Ing. Karl Morgenbesser, geb. 30.01.1960 |
|
|
|
|
|
managing director |
|
|
F Mag. Herbert Schweiger, geb. 22.03.1961 |
|
|
|
|
|
shareholder |
|
|
B Berndorf Hueck Band- und |
|
|
|
|
|
general table |
|
|
Landesgericht Wiener
Neustadt |
|
|
Year of
incorporation |
1989 |
|
Date of registration |
2003-03-19 |
Former executives
|
from |
to |
position |
name |
|
2003-03-19 |
2008-03-05 |
manager |
Dipl-Ing. Franz Viehböck |
|
2005-06-04 |
2011-09-07 |
joint signing clerk |
Ing. Karl Narbeshuber |
|
2010-04-29 |
2012-09-01 |
joint signing clerk |
Mag. Marianne Herzog |
|
2005-06-04 |
2012-09-01 |
joint signing clerk |
Ing. Karl Morgenbesser |
|
2005-06-04 |
2015-01-29 |
joint signing clerk |
Helmut Baresch Hernandez |
Former
shareholdings
|
from |
to |
company name |
|
2003-04-26 |
2005-05-10 |
Berndorf Band GmbH & Co |
Mergers
|
On |
position |
name |
|
2005-05-18 |
merged with |
Berndorf Band GmbH & Co |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.96 |
|
|
1 |
Rs.99.55 |
|
Euro |
1 |
Rs.71.64 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.