MIRA
INFORM REPORT
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Report Date : |
17.06.2007 |
IDENTIFICATION DETAILS
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Name : |
Colasit AG |
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Registered Office : |
Faulenbachweg 63 3700 Spiez/BE |
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Country : |
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Date of Incorporation : |
04-01-1945 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
The company is involved in the manufacture of
products and plants made of
corrosion-resitant plastics. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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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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Maximum Credit Limit : |
EUR
150.000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Detail assessment: |
Payments: |
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There are no
complaints about the mode of payment and business conduct. |
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Individual credit
limit*: |
EUR 150.000.-- |
Name
Colasit AG
Line of Business
Kunststoffverarbeitung
Legal domicile
Faulenbachweg 63
3700 Spiez/BE
Telephone: 033 6556161
Fax: 033 6558161
Homepage: www.colasit.ch
E-Mail: info@colasit.ch
CREDIT ADVICE
Credit opinion : A maximum credit of EUR 150.000 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: 04-01-1945
Last Publication: 25-05-2007
Year founded: 1944
History:
Since 1994 the company has been certified ISO 9001.
Share capital: 1.900.000
Paid up: 1.900.000
Divided into: 3.800
Registered shares of 500
Direct Parent com.:
Company Management: Daniel
Hadorn
ACTIVITY:
Line of business: Plastic fans
and apparatus
Sector:
Manufacture
Activity:
The company is involved in the manufacture of products and plants made
of corrosion-resitant plastics. The product range includes, inter alia:
- Plastic ventilating fans
- Plastic apparatus
- Environmental technology
- Plants for liquids
- Customized moulds
The customer base includes the industry.
Trading area:
Import/Export: The company is active in Import, but not in Export.
Export: 60% of total turnover
Import:
EMPLOYEES:
Number of employees: 85
The group employs a total of 130 persons.
PAYMENT AND FINANCIAL DATA
PAYMENT EXPERIENCES:
Legal actions: No legal actions,
distraints or loss certificates registered.
Report
from 03-04-2002, in 3752 Wimmis.
Report
from 24-02-1999, in 3752 Wimmis.
A current check of the legal actions requires a document of
justification with a legitimate signature.
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 detailed financial
statements.
Key figures (in CHF 1.000):
Colasit AG
31.12.2003 31.12.2002
31.12.2001
12 Months 12 Months
12 Months
Sales 14'500.0 15'400.0
18'200.0
Employees 85 100 100
In 2006 the company generated sales between CHF 15 and 16 million. More
detailed figures are not released.
Banker(-s): UBS Ltd, 3000
Credit Suisse
(CS), 3600 Thun
Auditors: SF Treuhand- und Revisions AG, Thun
Real estate property: Real estate is owned.
Property: Location: Faulenbachweg
63, Spiez
Object: Business premises
The current value and the scale of the mortgage are ot known.
COMPANY AND PERSON RELATIONS
COMPANY CONNECTIONS:
Direct Parent com.:
Direct Investments:
Central Fan-Colasit Ltd, Redditch
Colasit Asia Pte. Ltd.,
Associated companies: Colasit Deutschland GmbH,
Colasit
Colasit Holland B.V., Hertogenbosch, Netherlands/NL
The associated companies are also wholly owned by
BOARD OF DIRECTORS:
Dr. Michel J. Hopf-Graf, from Binningen, in Binningen/BL/Switzerland,
President, collective signature.
Pieter Couvee, from
Managing Director, collective signature.
Alois K.
Osterwalder, from Gaiserwald, Waldkirch, in Winterthur/ZH/Switzerland,
Member, collective signature.
MANAGEMENT:
Alexander
Schenkel, from Diemerswil, in Steffisburg/BE/Switzerland,
Director, collective signature.
Konrad
Zobrist, from Brienz, in Thun/BE/Switzerland,
Authorised signatory, collective signing authority.
PERSONNEL INFORMATION:
Michael Hopf lives at the address Multenweg 69 in 4102 Binningen. He
serves within the law office Dr. Advokat Buero Joerin Hopf in
In addition he was partner of Scomestables GmbH in Riehen. The latter
was declared bankrupt on 25.01.2005. The bankruptcy proceedings were suspended
on 09.05.2005 due to insufficient assets.
FURTHER
MANDATES:
Dr. Michel J.
Hopf-Graf:
- Bertan
Immobilien AG, Basel
- Green Fairy
AG, Basel
RATING EXPLANATIONS
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)