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MIRA INFORM REPORT
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Report No. : |
486049 |
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Report Date : |
18.01.2018 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
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Country : |
Austria |
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Financials (as on) : |
31.01.2017 |
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Date of Incorporation : |
01.02.1973 |
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Legal Form : |
Limited Liability Partnership |
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Line of Business : |
Subject is engaged in Manufacture of other fabricated metal products. |
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No. of Employees : |
147 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Satisfactory |
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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
|
Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
|
Austria |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
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 has been relatively weak in recent years, approaching 0.9% in 2015, but rising to 1.4% in 2016. Austria's 5.8% unemployment rate, while low by European standards, is at its highest rate since the end of World War II, driven by an increased number of refugees and EU migrants entering the labor market. Without extensive vocational training programs and generous early retirement, the unemployment rate would be even higher.
Although Austria's fiscal position compares favorably with other euro-zone countries, it faces several external risks, such as unexpectedly weak world economic growth threatening the export market, 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 refugee crisis, and continued unrest in Russia/Ukraine. The budget deficit stood at 1.4% of GDP in 2016 and public debt reached a post-war high of 86.2% of the GDP in 2015.
|
Source
: CIA |
Company
name and address
|
Raimund
Beck KG Wire Staples Company Raimund
Beckstraße 1 A-5270
Mauerkirchen |
|
|
Phone: |
(0043)
7724 2111 |
|
Fax: |
(0043)
7724 2111 - 20 |
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E-mail: |
office@beck-austria.com |
|
Internet: |
http://www.beck-austria.com |
Activities
ÖNACE
25990 95% Manufacture of other fabricated metal products n.e.c.
ÖNACE
64200 5% Activities of holding companies
Financial
details can also be entered during the period, irrespective of the balance
sheet date.
|
total
turnover (total sales) |
2017 |
EUR |
16.000.000,00 |
(estimated) |
|
total
turnover (total sales) |
2016 |
EUR |
15.239.000,00 |
(approx.) |
|
total
turnover (total sales) |
2015 |
EUR |
11.808.000,00 |
(exact) |
|
total
turnover (total sales) |
2014 |
EUR |
10.111.000,00 |
(approx.) |
|
total
turnover (total sales) |
2013 |
EUR |
7.084.000,00 |
(exact) |
|
turnover
(sales) - group |
2016 |
EUR |
36.823.000,00 |
(approx.) |
|
turnover
(sales) - group |
2015 |
EUR |
36.008.000,00 |
(exact) |
|
turnover
(sales) - group |
2014 |
EUR |
32.312.000,00 |
(exact) |
|
turnover
(sales) - group |
2013 |
EUR |
31.025.000,00 |
(exact) |
|
turnover
(sales) - group |
2012 |
EUR |
31.137.000,00 |
(exact) |
|
total
stock |
2018 |
EUR |
2.800.000,00 |
(approx.) |
|
total
investments |
2016 |
EUR |
10.873.744,67 |
(exact) |
|
total
company vehicles |
2018 |
|
4 |
(approx.) |
|
total
employees |
2018 |
|
147 |
(approx.) |
General company information
|
Company
name |
Raimund
Beck KG Wire Staples Company |
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|
Year
of incorporation |
1973 |
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Type
of company |
Manufacturing |
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|
Legal
form |
limited
liability partnership since 1973-02-01 |
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Companies
house number |
FN
17999 w Ried im Innkreis since 1973-08-28 |
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Import |
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Export |
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VAT
number |
ATU
21650201 |
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ARA-number |
8077 |
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number
- Austrian National Bank |
4243 |
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Last
balance sheet: |
2017 |
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Banking
connection |
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Locations
|
operational |
A-5270
Mauerkirchen, Raimund-Beck-Straße 1 |
registered
office |
|
operational |
A-5270
Mauerkirchen, Raimund Beckstraße 1 |
registered
headquarters, owned property |
|
|
0043
7724 2111 |
office@beck-austria.com |
|
former |
A-5270
Mauerkirchen, Biburg 1 |
registered
office, |
|
former |
A-5270
Mauerkirchen, Biburg 1 |
registered
headquarters |
Private
data
|
Surname |
Date
of birth |
Address |
Executive
positions |
Further
executive positions (as registered in the companies' house) |
|
Dipl-Betriebsw.
Markus Auer |
1981-04-16 |
D-84539
Ampfing Mitterstraße
27 |
individual
signing clerk, head of accounting |
1 |
|
Dipl-Ing.
Marcus Dickow |
1971-04-12 |
D-84478
Waldkraiburg Troppauerstraße
18 |
individual
signing clerk, limited partner |
1 |
|
Dipl-Ing.
Günther Beck |
1949-09-28 |
D-84478
Waldkraiburg Siemensstraße
5 |
limited
partner |
5 |
|
Michaela
Beck |
1984-04-07 |
D-81539
München Perlacherstraße
21 |
limited
partner |
0 |
|
Dkfm.
Christian Beck |
1976-09-14 |
A-5270
Mauerkirchen Brunnbachweg
1 |
limited
partner, head of sales, head of marketing, technical director |
6 |
|
Judith
Hauptmann |
1952-04-18 |
D-8264
Waldkraiburg Rosenstraße |
limited
partner |
1 |
|
Surname |
Date
of birth |
Address |
Executive
positions |
Further
executive positions (as registered in the companies' house) |
|
Jürgen
Langgartner |
|
A-5270
Mauerkirchen Biburg
1(c/o) |
head
of purchasing |
0 |
|
Anita
Forster |
|
A-5270
Mauerkirchen Raimund
Beckstraße 1(c/o) |
head
of personnel |
0 |
Ownership
structure and related companies
|
Company
name |
Address |
Shareholdings
in % |
Since |
Commercial
register no. |
|
Shares
in this company are held by: |
||||
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Raimund
Beck Beteiligungs- gesellschaft m.b.H. |
A-5270
Mauerkirchen Raimund
Beckstraße 1 |
|
1992-05-11 |
FN
112885 h |
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FIRMA |
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1
Raimund Beck Beteiligungs- gesellschaft m.b.H. |
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RECHTSFORM |
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1
Gesellschaft mit beschränkter Haftung |
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KAPITAL |
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1
ATS 500.000,00 |
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VERTRETUNGSBEFUGNIS |
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1
Die Generalversammlung bestimmt, wenn mehrere Geschäfts- |
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GESCHÄFTSFÜHRER
(handelsrechtlich) |
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C Dipl.Ing. Günther Beck, geb. 28.09.1949 |
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This
company holds 100% of the shares in: |
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|
Raimund
Beck Nageltechnik GmbH |
A-5270
Mauerkirchen Raimund
Beckstraße 1 |
100
% |
1994-09-07 |
FN
115928 h |
|
|
||||
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Affiliated
companies and further participations: |
||||
|
Raimund
Beck Beteiligungs- gesellschaft m.b.H. |
A-5270
Mauerkirchen Raimund
Beckstraße 1 |
|
|
FN
112885 h |
|
Beck
Austria GmbH |
A-5270
Mauerkirchen Raimund
Beckstraße 1 |
|
|
FN
188552 h |
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|
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Balance Sheet
(absolute) all amounts in EUR
|
|
2017-01-31 |
|
Franchises,
patents, licences, trademarks and similar rights and advantages |
176.637,84 |
|
Sum
intangible assets |
176.637,84 |
|
|
|
|
Land
and leasehold rights with buildings thereon including building on land owned
by third parties |
7.044.662,76 |
|
Other
operating and business equipment |
465.082,94 |
|
Technical
plants and machines |
1.738.337,17 |
|
Sum
tangible assets |
9.248.082,87 |
|
|
|
|
Shares
on related firms |
4.176.513,08 |
|
Other
loans |
50.000,00 |
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Other
financial assets, values and securities of fixed assets |
10.176.832,80 |
|
Financial
assets |
612.876,63 |
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Sum
financial assets |
15.016.222,51 |
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Sum
fixed assets |
24.440.943,22 |
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Raw-,
auxiliary materials and supplies |
2.841.283,54 |
|
Finished
products |
1.573.689,27 |
|
Outstanding
service claims |
210.792,80 |
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Sum
stock |
4.625.765,61 |
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|
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Claims
from delivered goods and performed services |
934.771,85 |
|
Claims
against related firmes Claims against companies with shareholding
relationship |
3.013.424,72 |
|
Other
claims and assets |
34.353,46 |
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Sum
claims |
3.982.550,03 |
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|
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Cash
on hand, cheques and bank deposits |
183.658,06 |
|
Sum
cash and bank |
183.658,06 |
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|
|
|
Sum
current assets |
8.791.973,70 |
|
|
|
|
Deferred
charges |
123.590,75 |
|
Sum
deferred charges |
123.590,75 |
|
Assets |
33.356.507,67 |
|
|
|
|
Not
committed capital reserves |
5.000.000,00 |
|
Other
reserves |
3.080.417,14 |
|
Thereof
profit/loss carried forward |
449.541,72 |
|
Capital
silent partner |
71.946,11 |
|
Share
general partner |
726,73 |
|
profit/loss
attributable to shareholders |
451.816,25 |
|
Sum
equity capital |
8.604.906,23 |
|
|
|
|
Reserves
for severance pays |
1.306.000,00 |
|
Other
reserves |
1.144.849,04 |
|
Sum
reserves |
2.450.849,04 |
|
|
|
|
Liabilities
against credit institutes |
6.301.212,37 |
|
Liabilities
from delivered goods and performed services |
615.063,94 |
|
Liabilities
against related firms |
4.501.220,45 |
|
Liabilities
against shareholders |
10.024.967,53 |
|
Other
liabilities |
604.443,61 |
|
Sum
liabilities |
22.046.907,90 |
|
|
|
|
Deferred
income |
253.844,50 |
|
Sum
deferred income |
253.844,50 |
|
|
|
|
Liabilities
and shareholders'equity |
33.356.507,67 |
|
Balance
sheet sum |
33.356.507,67 |
|
|
|
P / L Account
(absolute) all
amounts in EUR
|
|
2017-01-31 |
|
Gross
profit |
10.282.783,83 |
|
Total
turnover or gross profit |
10.282.783,83 |
|
|
|
|
Profits
from retirement of fixed assets, except financial assets |
68.989,01 |
|
Income
from dissolution of reserves |
47.623,65 |
|
Other
operating profits |
383.068,16 |
|
Other
operating profits totally |
499.680,82 |
|
|
|
|
Wages |
-2.699.172,88 |
|
Salaries |
-2.695.520,53 |
|
Other
social fringe benefits |
-1.695.387,14 |
|
Personnel
expenses totally |
-7.090.080,55 |
|
|
|
|
Depreciation
of intangible assets, tangible assets,activated expenses for the set up and
expansion of business operation |
-1.070.355,19 |
|
Depreciation
tangible assets / intangible assets totally |
-1.070.355,19 |
|
|
|
|
Other
operating costs |
-3.362.249,78 |
|
Total
costs |
-3.362.249,78 |
|
|
|
|
Operating
result totally |
-740.220,87 |
|
|
|
|
Profits
from shareholdings |
86.138,52 |
|
Interest
income, securties income and similar income |
97.203,86 |
|
Profits
from the retirement of and investment in financial assets |
109.361,54 |
|
Interest
and similar disbursements |
-239.417,25 |
|
Financial
profits totally |
53.286,67 |
|
|
|
|
Results
from usual business activity totally |
-686.934,20 |
|
|
|
|
Annual
surplus/annual deficit totally |
-686.934,20 |
|
|
|
|
Annual
profit/annual loss totally |
-686.934,20 |
|
|
|
|
Profit
and loss carried forward from previous year |
449.541,72 |
|
Transfer
of profits totally |
449.541,72 |
|
|
|
|
B/S
profit/ B/S loss from profit and loss account |
-237.392,48 |
|
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Key ratios
|
|
2017 |
|
Cashflow
II |
383.420,99 |
|
Debt
amortisation period in years |
63,41 |
|
Bank
indebtedness |
18,89 |
|
Equity
capital share in % |
25,80 |
|
Social
capital share |
3,92 |
|
Fixed
assets coverage in % |
40,55 |
|
Return
on investment in % |
-1,34 |
|
Cashflow
I |
383.420,99 |
|
Gross
profit |
10.282.783,83 |
Land Register
|
Last
check |
2017-08-17 |
|
Entry
number |
Cadastral
community |
Journal
number |
|
635 |
Mauerkirchen O 40212 |
871/2014 |
|
Section
A – type of property: |
|
|
|
Section
B – ownership structure: |
|
|
|
Section
C – encumbrances: |
|
|
|
Last
check |
2016-08-04 |
|
Entry
number |
Cadastral
community |
Journal
number |
|
665 |
Mauerkirchen O 40212 |
210/2014 |
|
Section
A – type of property: |
|
|
|
Section
B – ownership structure: |
|
|
|
Section
C – encumbrances: |
|
|
Commercial register
Source
of data from commercial register: Republic of Austria represented by the
Federal Ministry of Justice
|
firm
(style) |
1
Raimund Beck KG Wire Staples Company |
|
legal
form |
1
Kommanditgesellschaft |
|
registered
office |
1
politischer Gemeinde Mauerkirchen |
|
business
adress |
22
Raimund-Beck-Straße 1 |
|
general
partner |
E Raimund Beck Beteiligungs- gesellschaft m.b.H. |
|
limited
partner |
|
|
reference
date annual accounts |
4
31.Januar |
|
annual
accounts |
32
zum 31.01.2017 eingereicht am 16.10.2017 |
|
consolidated
accounts |
32
zum 31.01.2017 eingereicht am 16.10.2017 |
|
|
|
|
proxy |
|
|
J DI Dipl.Wirtsch.Ing. Marcus Dickow, geb.
12.04.1971 |
|
|
|
|
|
general
table |
|
|
|
|
Historical
development
|
Year
of incorporation |
1973 |
|
Date
of registration |
1973-08-28 |
Former
executives
|
from |
to |
position |
name |
|
1992-05-11 |
1999-05-01 |
limited
partner |
Raimund
Beck |
|
1992-05-11 |
2014-04-26 |
individual
signing clerk |
Günther
Beck |
|
2005-08-09 |
2014-04-26 |
individual
signing clerk |
Christian
Beck |
Former
shareholders
|
from |
to |
position |
name |
birth
date |
|
1992-05-11 |
1999-05-01 |
limited
partner |
Raimund
Beck |
1916-09-30 |
Data
sources
Data
is partly processed on a day-to-day basis and fully automatically. In addition,
over 100 info specialists investigate throughout Austria. According to
individual needs the following data sources are used:
Continual
and automated processing:
● data with regard to commercial
register and trade license
● balance sheet data
● debt collection data and open item
lists
● insolvency information
● media reports
● etc.
Manual
or incident-related processing:
● self-disclosure of companies
● reference information on suppliers and
business partners
● bank inquiries
● data from the land register
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.97 |
|
|
1 |
INR 88.12 |
|
Euro |
1 |
INR 78.34 |
|
EURO |
1 |
INR 77.85 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
Report Prepared
by : |
DNS |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.