|
Report No. : |
341684 |
|
Report Date : |
24.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
IBS AUSTRIA GESELLSCHAFT M.B.H. |
|
|
|
|
Registered Office : |
Hauptstraße 22 A-8833 Teufenbach Katsch |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
1967 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
·
Manufacture of other ceramic products ·
Manufacture of doors and windows of steel ·
Wholesale of other household goods n.e.c. |
|
|
|
|
No. of Employees : |
240 |
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 – 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 |
|
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 |
IBS
Austria Gesellschaft m.b.H.
Hauptstraße 22
A-8833 Teufenbach Katsch
|
Phone: |
(0043) 3582 8511 |
|
Fax: |
(0043) 3582 8511 - 310 |
|
E-mail: |
office@ibs-austria.com |
|
Internet: |
http://www.ibs-ppg.com |
ÖNACE 23490 60% Manufacture of other ceramic products
ÖNACE 25121 30% Manufacture of doors and windows of steel
ÖNACE 46499 10% Wholesale of other household goods n.e.c.
Financial details can also be entered during the period,
irrespective of the balance sheet date.
|
total turnover (total sales) |
2014 |
EUR |
42.000.000,00 |
(estimated) |
|
total turnover (total sales) |
2013 |
EUR |
41.224.910,18 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR |
46.032.647,58 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR |
46.942.219,58 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR |
39.696.613,89 |
(exact) |
|
total investments |
2013 |
EUR |
21.605,16 |
(exact) |
|
total company vehicles |
2015 |
|
40 |
(approx.) |
|
cars |
2015 |
|
26 |
(approx.) |
|
busses |
2015 |
|
14 |
(approx.) |
|
total employees |
2015 |
|
240 |
(approx.) |
|
Company name |
IBS Austria Gesellschaft m.b.H. |
|||||||||
|
Year of incorporation |
1967 |
|||||||||
|
Type of company |
Manufacturing |
|||||||||
|
Legal form |
limited liability company since 1994-06-13 |
|||||||||
|
Companies house number |
FN 103563 z Leoben since
1994-07-15 |
|||||||||
|
Import |
|
|||||||||
|
Export |
|
|||||||||
|
VAT number |
ATU 29484108 |
|||||||||
|
number - Austrian National Bank |
2325349 |
|||||||||
|
Last balance sheet: |
2013 |
|||||||||
|
Banking connection |
|
|
operational |
A-8833 Teufenbach Katsch, Hauptstraße 22 |
registered office |
|
operational |
A-8833 Teufenbach Katsch, Hauptstraße 22 |
registered headquarters, rented premises |
|
|
0043 664 2141531 0043 3582 8511 |
office@ibs-austria.com |
|
former |
A-8833 Teufenbach Katsch, Nr. 63 |
registered office |
|
former |
A-8833 Teufenbach Katsch, Nummer 63 |
registered headquarters |
|
former |
A-8831 Niederwölz, Nummer 165 |
branch office |
|
Surname |
Date of
birth |
Address |
Executive
positions |
Further
executive positions (as registered in the companies' house) |
|
Ing. Klaus Bartelmuss |
1960-03-03 |
A-8833 Teufenbach Katsch Bachgasse 3 |
manager |
15 |
|
Mag.Dr. Marc Kaddoura |
1946-04-16 |
A-8750 Judenburg Wiesenweg 6 |
manager |
7 |
|
Hubert Gnezda |
1970-02-08 |
A-8741 Weißkirchen Zeltwegerstraße 23 |
joint signing clerk |
1 |
|
Ing. Heimo Perner |
1959-12-13 |
A-8833 Teufenbach Katsch Nummer 63 |
joint signing clerk technical director head of personnel |
3 |
|
Dipl-Ing. Rudolf Markus Ruck |
1974-09-09 |
A-8010 Graz Conrad von Hötzendorfstraße 50 |
joint signing clerk |
1 |
|
Ing. Josef Wratschko |
1948-01-06 |
A-8833 Teufenbach Katsch |
joint signing clerk head of sales |
0 |
|
Walter Lassacher |
1963-11-17 |
A-8833 Teufenbach Katsch Nr. 63 |
head of accounting |
0 |
|
Mag. Aiko Rucker |
|
A-8833 Teufenbach Katsch Nr. 63(c/o) |
head of purchasing |
0 |
|
Dipl-Ing. Rudolf Ruck |
|
A-8833 Teufenbach Katsch Nr. 63(c/o) |
head of sales |
0 |
|
Ing. Harald Dockner |
|
A-8833 Teufenbach Katsch Nr. 63(c/o) |
head of EDP |
0 |
|
Company
name |
Address |
Shareholdings
in % |
Since |
Commercial
register no. |
|
Shares in
this company are held by: |
||||
|
IBS Holding Gesellschaft m.b.H. |
A-8833 Teufenbach Katsch Hauptstraße 22 |
100 % |
1995-01-14 |
FN 81216 k |
|
|
||||
|
This
company holds 100% of the shares in: |
||||
|
ECOWORLD-LCL GmbH |
A-8811 Scheifling Schlossfeld 2 |
100 % |
2014-08-29 |
FN 312119 z |
|
|
||||
|
This
company holds 50% to 99% of the shares in: |
||||
|
PGA Putz-Granitzer-Anlagenbau Gesellschaft m.b.H. |
A-9241 Wernberg Gewerbeweg 3 |
90 % |
2014-04-23 |
FN 146455 a |
|
|
||||
|
|
||||
|
Affiliated
companies and further participations: |
||||
|
"STALL- " Tonstudio Betriebs GmbH |
A-8833 Teufenbach Katsch Nr. 182 |
|
|
FN 136282 s |
|
PREWorks GmbH |
A-8510 Stainz Technologiepark 2 |
|
|
FN 315790 y |
|
Maschinenfabrik Ludwig Berger GmbH |
A-8720 Knittelfeld Wienerstraße 35 |
|
|
FN 54981 f |
All
amounts in EUR
|
|
2013-12-31 |
|
Franchises, patents, licences, trademarks and similar rights and
advantages |
16.876,23 |
|
Sum intangible assets |
16.876,23 |
|
Special account plants and machines |
10.543,20 |
|
Other operating and business equipment |
38.065,11 |
|
Sum tangible assets |
48.608,31 |
|
Shares on related firms |
253.926,00 |
|
Other shareholdings |
10.000,00 |
|
Other financial assets, values and securities of fixed assets |
4.284.016,72 |
|
Sum financial assets |
4.547.942,72 |
|
Sum fixed assets |
4.613.427,26 |
|
Raw-, auxiliary materials and supplies |
3.153.642,49 |
|
Unfinished products |
488.160,08 |
|
Finished products |
575.505,09 |
|
Advanced payments |
24.962,14 |
|
Sum stock |
4.242.269,80 |
|
Claims from delivered goods and performed services |
5.319.821,37 |
|
Claims against related firmes Claims against companies with
shareholding relationship |
21.344.743,00 |
|
Other claims and assets |
646.842,92 |
|
Sum claims |
27.311.407,29 |
|
Cash on hand, cheques and bank deposits |
11.615.474,43 |
|
Sum cash and bank |
11.615.474,43 |
|
Sum current assets |
43.169.151,52 |
|
Deferred charges |
26.036,82 |
|
Sum deferred charges |
26.036,82 |
|
Assets |
47.808.615,60 |
|
|
|
|
Subscribed/declared capital |
363.364,00 |
|
Legal reserves |
36.336,42 |
|
Balance sheet profit/balance sheet loss |
22.021.987,34 |
|
Thereof profit/loss carried forward |
19.287.420,33 |
|
Sum equity capital |
22.421.687,76 |
|
Other reserves before taxes |
65.484,54 |
|
Sum reserves before taxes |
65.484,54 |
|
Reserves for severance pays |
1.711.897,14 |
|
Reserves for pensions |
650.203,00 |
|
Other reserves |
8.303.503,82 |
|
Sum reserves |
10.665.603,96 |
|
Liabilities against credit institutes |
5.118.006,75 |
|
Received advanced payments for orders |
1.660.185,61 |
|
Liabilities from delivered goods and performed services |
1.700.629,60 |
|
Liabilities against related firms |
4.570.611,77 |
|
Other liabilities |
1.606.405,61 |
|
Sum
liabilities |
14.655.839,34 |
|
|
|
|
Liabilities |
47.808.615,60 |
|
Contingent liabilities |
3.371.620,18 |
|
Balance
sheet sum |
47.808.615,60 |
All
amounts in EUR
|
|
2013-12-31 |
|
Gross sales |
41.224.910,18 |
|
Increase or decrease in finished and unfinished goods and in
service claims |
-306.449,42 |
|
Total turnover or gross profit |
40.918.460,76 |
|
|
|
|
Income from dissolution of reserves |
1.733.424,84 |
|
Other operating profits |
2.777.924,15 |
|
Other operating profits totally |
4.511.348,99 |
|
|
|
|
Costs for obtained services |
-2.240.750,87 |
|
Material costs |
-14.337.501,74 |
|
Costs for obtained services totally |
-16.578.252,61 |
|
|
|
|
Wages |
-5.233.853,45 |
|
Salaries |
-4.506.308,91 |
|
Costs for severance pays |
-578.387,31 |
|
Costs for old age pension |
-255.498,90 |
|
Legal fringe benefits and other payments depending on salaries |
-2.390.172,13 |
|
Other social fringe benefits |
-337.968,85 |
|
Personnel expenses totally |
-13.302.189,55 |
|
|
|
|
Depreciation of intangible assets, tangible assets,activated
expenses for the set up and expansion of business operation |
-57.557,23 |
|
Depreciation tangible assets / intangible assets totally |
-57.557,23 |
|
|
|
|
Other operating costs |
-12.267.214,74 |
|
Total costs |
-12.267.214,74 |
|
|
|
|
Operating
result totally |
3.224.595,62 |
|
|
|
|
Income from other securities and loans of financial assets |
120.931,58 |
|
Profits from the retirement of and investment in financial
assets and securities of current
assets |
434.768,85 |
|
Interest income, securties income and similar income |
406.670,87 |
|
Disbursements from other financial assets and from securities of
current assets (e.g. depreciations) |
-438.268,85 |
|
Interest and similar disbursements |
-42.795,13 |
|
Financial profits totally |
481.307,32 |
|
|
|
|
Results
from usual business activity totally |
3.705.902,94 |
|
|
|
|
Taxes on income and profits |
-1.007.288,00 |
|
Taxes on income and profits totally |
-1.007.288,00 |
|
|
|
|
Annual surplus/annual deficit totally |
2.698.614,94 |
|
|
|
|
Dissolution reserves before taxes |
57.557,23 |
|
Transfer to reserves before taxes |
-21.605,16 |
|
Reserves movements totally |
35.952,07 |
|
|
|
|
Annual
profit/annual loss totally |
2.734.567,01 |
|
|
|
|
Profit and loss carried forward from previous year |
19.287.420,33 |
|
Transfer of profits totally |
19.287.420,33 |
|
|
|
|
B/S profit/
B/S loss from profit and loss account |
22.021.987,34 |
|
|
2013 |
|
Cashflow II |
2.756.172,17 |
|
Debt amortisation period in years |
4,37 |
|
Bank indebtedness |
10,70 |
|
Equity capital share in % |
48,72 |
|
Social capital share |
4,94 |
|
Fixed assets coverage |
538,62 |
|
Net profit ratio |
9,05 |
|
Capital turnover |
0,85 |
|
Return on investment in % |
7,84 |
|
Cashflow in % of operating performance |
6,73 |
|
Cashflow I |
3.763.460,17 |
|
Gross productivity |
3,07 |
|
Net productivity |
1,82 |
|
Operating performance |
40.918.460,76 |
|
Inventories in % of operating performance |
10,36 |
|
Gross profit |
24.340.208,15 |
Note
No real estate property registered
|
firm (style) |
1 IBS Austria
Gesellschaft m.b.H. |
|
legal form |
1 Gesellschaft mit
beschränkter Haftung |
|
registered office |
1 politischer
Gemeinde Teufenbach |
|
business adress |
27 Hauptstraße 22 |
|
capital |
4 ATS 5.000.000 |
|
reference date annual accounts |
1 31. Dezember |
|
annual accounts |
33 zum 31.12.2013
eingereicht am 16.09.2014 |
|
power of representation |
1 Die Gesellschaft
wird, wenn mehrere Geschäftsführer |
|
|
|
|
proxy |
|
|
D Ing. Josef Wratschko,
geb. 06.01.1948 |
|
|
|
|
|
managing
director |
|
|
B Ing. Klaus Bartelmuss,
geb. 03.03.1960 |
|
|
|
|
|
shareholder |
|
|
C IBS Holding
Gesellschaft m.b.H. |
|
|
|
|
|
general
table |
|
|
Landesgericht Leoben |
|
|
Year of incorporation |
1967 |
|
Date of registration |
1994-07-15 |
Former
executives
|
from |
to |
position |
name |
|
1994-06-13 |
2013-01-23 |
manager |
Mag. Heinz Bartelmuss |
|
2006-10-17 |
2006-10-21 |
individual signing clerk |
Dipl-Ing. Andreas Heider |
|
|
2010-10-14 |
individual signing clerk |
Walter Lassacher |
|
|
2013-01-04 |
individual signing clerk |
Mag. Erich Madritsch |
|
1995-12-08 |
2013-09-20 |
individual signing clerk |
Ing. Heimo Perner |
|
2009-01-22 |
2013-09-20 |
individual signing clerk |
Dipl-Ing. Rudolf Markus Ruck |
|
1995-12-08 |
2013-09-20 |
individual signing clerk |
Ing. Josef Wratschko |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.97 |
|
UK Pound |
1 |
Rs.101.19 |
|
Euro |
1 |
Rs.73.38 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TRU |
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.