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MIRA
INFORM REPORT
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Report No. : |
512507 |
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Report Date : |
31.05.2018 |
IDENTIFICATION DETAILS
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Name : |
CONCORD SOLUTIONS LAB GMBH |
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Registered Office : |
Wipplingerstraße 34/4, A-1010 Wien |
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Country : |
Austria |
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Financials (as on) : |
31.12.2016 |
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Date of Incorporation : |
2012 |
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Legal Form : |
limited liability company |
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Line of Business : |
Agents specialised in the sale of other particular
products |
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No. of Employees : |
Not Available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
C |
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Credit Rating |
Explanation |
Rating Comments |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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Status : |
Moderate |
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Payment Behaviour : |
Slow |
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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 And Adders
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Activities
ÖNACE 46180 100% Agents specialised in the sale of other particular products
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 |
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(no figures known) |
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total stock |
2018 |
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(not available) |
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total investments |
2016 |
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(not available) |
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total employees |
2018 |
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(no figures known) |
General company information
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Company name |
Concord Solutions Lab GmbH |
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Year of incorporation |
2012 |
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Type of company |
Wholesale and retail trade; repair of motor vehicles |
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Legal form |
limited liability company since 2012-06-30 |
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Companies house number |
FN 381847 s Wien since 2012-06-30 |
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number - Austrian National Bank |
15906132 |
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Last balance sheet: |
2016 |
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Banking connection |
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Locations
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operational |
A-1010 Wien, Wipplingerstraße 34/4 |
registered headquarters |
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0043 0 |
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operational |
A-1010 Wien, Wipplingerstrasse 34/4 |
registered office |
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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Alexandre Egger |
1987-06-01 |
A-2344 Maria Enzersdorf Hohe Wand Straße 21 |
manager |
2 |
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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CONCORD ENGINEERING GMBH |
A-1010 Wien Wipplingerstraße 34 |
100 % |
2018-03-29 |
FN 347511 x |
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Affiliated companies and further participations: |
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Almaz Dyryldaev |
A-1120 Wien Schönbr.Schlosstraße 5/8 |
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Balance Sheet (absolute) all amounts in EUR
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2016-12-31 |
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Tangible assets |
0,07 |
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Sum tangible assets |
0,07 |
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Sum fixed assets |
0,07 |
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Claims and other assets |
14.200,19 |
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Sum claims |
14.200,19 |
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Cash on hand, cheques and bank deposits |
63,91 |
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Sum cash and bank |
63,91 |
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Sum current assets |
14.264,10 |
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Assets |
14.264,17 |
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Subscribed/declared capital |
50.000,00 |
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Balance sheet profit/balance sheet loss |
-75.068,46 |
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Thereof profit/loss carried forward |
-85.624,04 |
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Sum equity capital |
-25.068,46 |
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Reserves |
1.000,00 |
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Sum reserves |
1.000,00 |
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Liabilities |
38.332,63 |
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Sum liabilities |
38.332,63 |
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Liabilities and shareholders'equity |
14.264,17 |
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Balance sheet sum |
14.264,17 |
Key ratios
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2016 |
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Equity capital share in % |
-175,74 |
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Fixed assets coverage in % |
-35.812.085,71 |
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 Concord Solutions Lab GmbH |
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legal form |
1 Gesellschaft mit beschränkter Haftung |
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registered office |
1 politischer Gemeinde Wien |
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business adress |
1 Wipplingerstrasse 34,
Top 4 |
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capital |
1 EUR 100.000,00 |
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reference date annual accounts |
1 31.Dezember |
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annual accounts |
7 zum 31.12.2016 eingereicht am 10.07.2017 |
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power of representation |
1 Die Gesellschaft
wird, wenn mehrere Geschäftsführer |
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managing director |
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A Alexandre Egger, geb. 01.06.1987 |
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shareholder |
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general table |
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Historical development
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Year of incorporation |
2012 |
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Date of registration |
2012-06-30 |
Former executives
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from |
to |
position |
name |
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2017-09-20 |
2018-03-29 |
partner |
Almaz Dyryldaev |
Former shareholders
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from |
to |
position |
name |
birth date |
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2017-04-19 |
2017-09-20 |
partner |
APS Power Technology GmbH |
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2017-09-20 |
2018-03-29 |
partner |
Almaz Dyryldaev |
1972-07-30 |
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2012-06-30 |
2017-04-19 |
partner |
S.L. Solutions Lab Limited |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 67.63 |
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1 |
INR 89.70 |
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Euro |
1 |
INR 78.20 |
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Euro |
1 |
INR 78.82 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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PRI |
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Report Prepared
by : |
KET |
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:
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Financial condition covering various ratios
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Company background and operations size
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Promoters / Management background
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Payment record
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Litigation against the subject
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Industry scenario / competitor analysis
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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.