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MIRA INFORM REPORT
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Report No. : |
495469 |
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Report Date : |
08.03.2018 |
IDENTIFICATION DETAILS
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Name : |
SIMON DEUTSCH GESELLSCHAFT M.B.H. & CO KG |
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Registered Office : |
Fleischmarkt 7/4, A-1010 Wien |
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Country : |
Austria |
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Financials (as on) : |
28.02.2017 |
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Date of Incorporation : |
18.06.1984 |
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Legal Form : |
Limited Liability Partnership |
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Line of Business : |
· Wholesale of textiles · Wholesale of sports goods ·
Wholesale of other household goods n.e.c. |
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No. of Employees : |
6 (Approx. – 2018) |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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Austria |
A1 |
A1 |
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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 1%
in 2015, but rising to 2.3% in 2017. 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% of GDP in 2017 and public debt
declined slightly to 81.7% of GDP in 2017 after reaching a post-war high of
84.6% in 2016.
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Source
: CIA |
Company
name & address
SIMON DEUTSCH GESELLSCHAFT M.B.H. & CO
KG
Phone: (0043) 1 5337572
Fax: (0043) 1 5335879
E-mail: bdeutsch@simon-deutsch.com
Internet: http://www.simon-deutsch.com
Activities
ÖNACE 46410 70% Wholesale of textiles
ÖNACE 46493 20% Wholesale of sports goods
ÖNACE 46499 10% Wholesale of other household goods n.e.c.
Financial
data
Financial details can also be entered during the period, irrespective of
the balance sheet date.
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Total Turnover (Total Sales) |
2017 |
EUR |
7.000.000,00 |
(expected) |
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Total Turnover (Total Sales) |
2016 |
EUR |
6.000.000,00 |
(approx.) |
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Total Turnover (Total Sales) |
2015 |
EUR |
4.127.070,59 |
(exact) |
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Total Turnover (Total Sales) |
2014 |
EUR |
5.592.230,33 |
(exact) |
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Total Turnover (Total Sales) |
2013 |
EUR |
5.619.961,89 |
(exact) |
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Total Stock |
2018 |
EUR |
879.000,00 |
(approx.) |
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Total Investments |
2016 |
EUR |
1.665,83 |
(exact) |
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Total Company Vehicles |
2018 |
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3 |
(approx.) |
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Total Employees |
2018 |
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6 |
(approx.) |
General company information
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Company name |
Simon Deutsch Gesellschaft m.b.H. & Co KG |
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Year of incorporation |
1984 |
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Type of company |
Wholesale and retail trade; repair of motor vehicles |
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Legal form |
Limited Liability Partnership Since 1984-06-18 |
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Companies house number |
FN 8939 x Wien since 1984-10-17 |
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Import |
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ARA-number |
6211 |
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VAT number |
ATU 10298104 |
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number - Austrian National Bank |
610801 |
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Last balance sheet: |
2017 |
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Banking connection |
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Locations
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operational |
A-1010 Wien, Fleischmarkt 7 |
registered office |
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operational |
A-1010 Wien, Fleischmarkt 7/4 |
registered headquarters, rented premises |
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0043 1 5337572 |
bdeutsch@simon-deutsch.com |
Private data
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Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the companies' house) |
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Erika Deutsch |
1948-07-02 |
A-1090 Wien Widerhoferplatz 4 |
individual signing clerk |
4 |
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Simon Walter Deutsch |
1953-10-19 |
A-1090 Wien Widerhoferplatz 4 |
limited partner, head of accounting |
3 |
Ownership
structure and related companies
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Company name |
Address |
Shareholdings in % |
Since |
Commercial register no. |
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Shares in this company are held by: |
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Simon Deutsch Gesellschaft m.b.H. |
A-1010 Wien Fleischmarkt 7 |
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1992-02-04 |
FN 106917 g |
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FIRMA |
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1 Simon Deutsch 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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A
Simon Walter Deutsch, geb. 19.10.1953 |
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Affiliated companies and further participations: |
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Simon Deutsch Gesellschaft m.b.H. |
A-1010 Wien Fleischmarkt 7/4 |
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FN 106917 g |
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Maschu-Maschu GastronomiebetriebsgmbH |
A-1010 Wien Rabensteig 8 |
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FN 78421 a |
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Mesotis Jets GmbH |
A-1010 Wien Fleischmarkt 7 |
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FN 370225 z |
Balance Sheet (absolute) all amounts in EUR
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2017-02-28 |
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Tangible assets |
8.131,23 |
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Sum tangible assets |
8.131,23 |
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Sum fixed assets |
8.131,23 |
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Stocks |
878.596,50 |
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Sum stock |
878.596,50 |
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Claims and other assets |
937.390,31 |
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Sum claims |
937.390,31 |
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Cash on hand, cheques and bank deposits |
237.892,67 |
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Sum cash and bank |
237.892,67 |
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Sum current assets |
2.053.879,48 |
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Deferred charges |
7.983,82 |
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Sum deferred charges |
7.983,82 |
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Assets |
2.069.994,53 |
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Profit reserves |
6.246,59 |
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Capital silent partner |
-89.136,09 |
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Share general partner |
209.635,40 |
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Sum equity capital |
126.745,90 |
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Reserves |
271.566,49 |
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Sum reserves |
271.566,49 |
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Liabilities |
1.671.682,14 |
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Sum liabilities |
1.671.682,14 |
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Liabilities and shareholders'equity |
2.069.994,53 |
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Balance sheet sum |
2.069.994,53 |
Key ratios
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2017 |
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Equity capital share in % |
6,12 |
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Fixed assets coverage in % |
1.558,75 |
Commercial
register
Source of data from commercial register: Republic of Austria represented
by the Federal Ministry of Justice
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Firm (Style) |
1 Simon Deutsch Gesellschaft m.b.H. & Co KG |
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Legal Form |
1 Kommanditgesellschaft |
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Registered Office |
1 politischer Gemeinde Wien |
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Business Adress |
1 Fleischmarkt 7 |
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General Partner |
A
Simon Deutsch Gesellschaft m.b.H. |
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Limited Partner |
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Reference Date Annual Accounts |
2 29.Februar |
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Annual Accounts |
23 zum 28.02.2017 eingereicht am 30.11.2017 |
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Proxy |
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B
Erika Deutsch, Geb. 02.07.1948 |
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General Table |
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Historical
development
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Year of incorporation |
1984 |
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Date of registration |
1984-10-17 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 64.96 |
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1 |
INR 90.34 |
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Euro |
1 |
INR 80.75 |
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Euro |
1 |
INR 80.54 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
VAR |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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.