MIRA INFORM REPORT

 

 

Report Date :

27.07.2007

 

IDENTIFICATION DETAILS

 

Name :

Rommelag Ag

 

 

Registered Office :

Fabrikweg 16, 5033 Buchs/AG

 

 

Country :

Switzerland

 

 

Date of Incorporation :

22-05-1964

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Engaged in the distribution of the Bottelpack-System, a filling machine for the pharmaceutical industry.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Maximum Credit Limit :

EUR 50.000

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 


 


Detail assessment:

Payments:

 

There are no complaints about the mode of payment and business conduct.

 

 

Individual credit limit*:

EUR 50.000.--

 

 

Name

 

Rommelag Ag

 

 

Line of Business

 

Maschinen

 

 

Legal domicile

 

Fabrikweg 16

5033 Buchs/AG

Switzerland

Telephone:       062 8345555

Fax:                              062 8345500

Homepage:        www.rommelag.com

E-Mail:             info@rommel.ch

 

 

CREDIT ADVICE

 

Requested credit : Maximum credit

 

Credit opinion : A maximum credit of EUR 50.000 is considered in order.

 

This credit advice is based on information available at the time of conducting the research, being the above indicated date.

 

All amounts in this report are given in Swiss Francs (CHF) unless otherwise stated.

 

 

GENERAL COMPANY DATA

 

OFFICIAL DATA:

Legal form:                    Joint stock company

First Publication:            22-05-1964

Last Publication:            14-07-2005

Created by:                   The company was newly established.

Share capital:                50.000

Paid up:                        50.000

Divided into:                   50 Shares of 1.000

 

Shareholders:

 

Company Management:   Rudolf Geiss

Registered name               09-07-2003 rommelag ag

                                       Previous   Rommelag

 

ACTIVITY:

Line of business : Trade in filling machines.

Sector :  Wholesale

 

Activity:

The company is engaged in the distribution of the Bottelpack-System, a filling machine for the pharmaceutical industry.

 

The system is exclusively manufactured by the Maroplastic AG in Reitnau.  Furthermore there is production site in Germany the Kocher Plastik Maschinenbau GmbH, Sulzbach-Laufen.

 

The clientele includes pharmaceutical enterprises.

 

The company is certified by ISO 9001:2000.

 

Trading area: Worldwide

 

Import/Export: The company is active in Export, but not in Import.

 

EMPLOYEES:

Number of employees:  20

 

The group employs over 1'000 persons (incl. USA and Germany).

 

 

PAYMENT AND FINANCIAL DATA

 

PAYMENT EXPERIENCES:

 

Legal actions:        No legal actions or distraints are registered.

 

                              Report from 18-05-1999, in 5033 Buchs.

 

A current legal action check requires a written proof of interest.

 

There are no complaints about the mode of payment and business conduct.

 

FINANCIAL DATA:

 

Financial position:   The financial affairs are considered to be in order.

 

Financial Statements: The company does not disclose any financial statements.

 

Banker(-s): Credit Suisse (CS), 5000 Aarau

 

Auditors:  Ortag Organisations- Revisions- und Treuhand AG, Zuerich

 

Premises: The premises at the above mentioned address are rented.

 

Fiscal taxation: No information is available due to the local tax authority regulation.

 

 

COMPANY AND PERSON RELATIONS

 

COMPANY CONNECTIONS:

 

The Rommelag belongs to the Hansen-Group in Germany.

 

Associated companies:

 

Thermo-pack Kunststoff-Folien GmbH, Gaildorf, Germany/DE

Holopack International L.P., Columbia, America/US

holopack Verpackungstechnik GmbH, Untergroeningen, Germany/DE

rommelag USA Inc, Evergreen, America/US

rommelag Kunststoff-Maschinen

Vertriebsgesellschaft, Waiblingen, Germany/DE

Maropack AG, Zell/LU

Maroplastic AG, Reitnau/AG

 

BOARD OF DIRECTORS:

Paul Schneebeli, from Hinwil, Steinmaur, in Steinmaur/ZH/Switzerland,

Sole Member, sole signature.

 

MANAGEMENT:

Rudolf Geiss, from Germany, in Weinstadt/Germany,

General Manager, sole signature.

Urs Lichtenstein, from Brunnadern, in Unterkulm/AG/Switzerland,

Vice Director, collective signature.

Esther Baldemair, from Stein AG, Loveresse, in Muhen/AG/Switzerland,

Authorised signatory, collective signing authority.

Hubert Leimgruber, from Herznach, in Wohlen/AG/Switzerland,

Authorised signatory, collective signing authority.

 

Martin Leuenberger, from Ursenbach, in Niederlenz/AG/Switzerland,

Authorised signatory, collective signing authority.

 

PERSONNEL INFORMATION:

Paul Schneebeli, born on 26.04.1938, is married to a born Doucelance and lives at Grabweg 15 in 8162 Steinmaur. He is working for the company since years.

 

There are no detrimental reports on his business conduct.

 

FURTHER MANDATES:

Paul Schneebeli:

- Maropack AG, Zell

- Maroplastic AG, Reitnau

 

 


 

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

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

 

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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions