MIRA INFORM REPORT
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Report Date : |
19th May 2006 |
IDENTIFICATION DETAILS
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Name : |
LASSER AG |
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Registered Office : |
Hohenemserstrasse 17 9444 Diepoldsau SG Switzerland |
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Date of Incorporation : |
1980 |
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Com. Reg. No.: |
CH-320.3.019.625-9 |
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Legal Form : |
Joint stock company |
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Line of Business : |
1. Manufacturers of textile
machinery. 2. Wholesalers of
industrial machinery & equipment and durable goods. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
RATING
|
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is
considered normal. Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
LASSER
AG,
Stickmaschinen
– Embroidery Machines
ADDRESS
DOMIZILADRESSE
Hohenemserstrasse
17
9444
Diepoldsau SG
Switzerland
IDENTIFICATION
|
LEGAL
SEAT |
9444
Diepoldsau SG |
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|
Switzerland |
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PHONE |
071 737 92 92 |
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FAX |
071 737 92 82 |
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E-MAIL |
sales@laesser.ch |
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HOMEPAGE |
http://www.laesser.ch |
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PRODUCTION |
Industriestrasse 6 |
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|
9444
Diepoldsau |
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Registration
number |
CH-320.3.019.625-9 |
CURRENCY: Shown in Swiss francs (CHF), unless otherwise stated
CREDIT
RECOMMENDATION: 1.305.000
OVERVIEW
|
YEAR
OF FOUNDATION |
1954 |
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YEAR
OF INCORPORATION |
1980 |
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LEGAL
TYPE |
Joint
stock company |
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CAPITAL |
150.000 |
|
TURNOVER |
70.000.000
(estimated) |
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EMPLOYEES |
182 |
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LINE
OF BUSINESS |
TEXTILE
MACHINERY MANUFACTURERS |
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SIC-CODE(S) |
3552
/ 5084 / 5099 |
MANAGEMENT
BOARD OF DIRECTORS
-
Franz Lasser, of Diepoldsau, in Diepoldsau
Chairman with sole signature, since
30.06.1980
-
Anton Lasser, of Diepoldsau, in Diepoldsau
Member with sole signature, since 30.06.1980
CHANGES ON THE BOARD
-
Franz Lasser-Frei
11.07.1988 Retired Chairman authorized
signatory (with one other)
SENIOR MANAGEMENT
-
Paula Lasser-Frei
Authorized to sign with sole signature
The
enterprise is managed by Franz Lasser.
CORPORATE
STRUCTURE
Private shareholders
Franz
Lasser
Share 55,0%
Anton
Lasser
Share 45,0%
COLLECTIONS
Any check for outstanding debt recovery action requires written proof of interest according to Article 8 of Swiss Bankruptcy Law.
On presentation of proof of interest it was possible to check for debt recovery action at the date mentioned, with the following result :
Search
as of: 14.11.2002 in: Diepoldsau
2000 2001
2002
PROTESTS: Number 2
0 0
Amount 12'933
LEGAL
OBJECTIONS: Number 2
Amount 12'933
PAYMENT REFERENCES
MODE OF PAYMENTS
Trade
payment is not the subject of complaint.
BANKERS
St.
Galler Kantonalbank, Heerbrugg
UBS
AG, Heerbrugg
FINANCIALS
NOMINAL
CAPITAL: 150.000, fully paid up
ISSUED
CAPITAL: 150.000
TYPE
OF SHARES: 150 reg. shares
restricted transf. at
CHF
1'000.--
INCOME TAX
Due
to tax law exemptions within the Canton of St. Gall no tax figures available
for subject. Since 1/1/1987 tax figures have only been imparted in this Canton
against evidence of interest.
In
Addition the right to peruse the files exists, i.e. the firm concerned may
establish to whom the tax figures were imparted.
FINANCIAL FIGURES
(COMPANY)
Financial
figures from the Balance Sheet and Profit and Loss Account are not announced
for this business.
The
turnover (2002) is estimated at CHF 70 million ca.
AUDITORS
Revidas
Revisionsgesellschaft AG, St. Gallen
HISTORY
The
actual start of this company goes back to 1954. In 1972, the former sole
proprietorship was registered under the name of Franz Lasser, mechanische
Werkstatte in Diepoldsau. Since June 1980 business is conducted under the
present joint stock company, which took over the predecessor firm with assets
and liabilities.
Former
name : Franz Lasser AG
as
of 11.10.1999 : LASSER AG,
Stickmaschinen - Embroidery
Machines
Registered
as a joint stock company since 30 June 1980.
ACTIVITY
LINE OF BUSINESS
-
TEXTILE MACHINERY MANUFACTURERS
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INDUSTRIAL MACHINERY & EQUIPMENT WHOLESALERS
-
DURABLE GOODS WHOLESALERS
SIC-CODE(S):
3552 / 5084 / 5099
ACTIVITY AS DESCRIBED IN THE TRADE REGISTER
Construction
of textile machinery. It is entitled to establish branches in Switzerland and
abroad, to take an interest in other companies in Switzerland and abroad as
well as to acquire, encumber and sell real estate property.
ACTIVITIES (DETAILED)
Subject
is engaged in the development and construction of textile machinery (embroidery
and knitting machines).
MARKETING AREAS
-
IMPORT/EXPORT
- EXPORT
QUOTE IN % OF TURN OVER: 95 %
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SALES IN SWITZERLAND
Worldwide
exports.
Subject
supplies to the textile industry.
CLIENTELE
-
RETAILER
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INDUSTRIE
EMPLOYEES:
182 ca.
REAL ESTATE
Real
estate is owned by subject.
Hohenemserstrasse
17, Diepoldsau
Business
premises
RATING EXPLANATIONS
RATING
|
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely
sound financial base with the strongest capability for timely payment of
interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is
considered normal. Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable &
favourable factors carry similar weight in credit consideration. Capability
to overcome financial difficulties seems comparatively below average/normal. |
Small |
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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 |