MIRA
INFORM REPORT
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Report Date : |
24.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
THERMO ELECTRON AUSTRIA WISSENSCHAFTLICHE GERÄTE GMBH |
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Registered Office : |
Wehlistrabe 27 b, A-1200 Wien |
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Country : |
Austria |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
1976 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale of Electronic and Telecommunications Equipment and Parts |
RATING &
COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
EUR 1.250.000,00 |
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Status : |
Good |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Basic company information
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Company name: |
Thermo Electron Austria wissenschaftliche Geräte GmbH |
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Status: |
active company |
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Locations: |
Wehlistrabe 27 b, A-1200 Wien |
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Phone: |
(1) 3335034 |
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Fax: |
(1) 3335034 - 26 |
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E-mail: |
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Internet: |
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Activities: |
Önace 46520 90% Wholesale of electronic and telecommunications
equipment and parts |
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Önace 26510 10% Manufacture of instruments and appliances for
measuring, testing and navigation |
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General Assessment: |
No risk Rating of this company is better than industry average. |
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Recommendation We recommends to establish a business and credit relationship, and to
benefit from arising business opportunities. The solvency of the company is
above average, risk is considered very low. |
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Detail Assessment: |
Payment 250 Merchandise is mainly imported. Domestic obligations are settled
within net agreements. |
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Assessment 200 Company's solvency is sound. Earnings potential is positive. |
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Maximum credit EUR 1.250.000,00 |
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Additional company information
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Year of incorporation: |
1976 |
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Type of company: |
Wholesale |
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Legal form: |
limited liability company since 1976-02-19 |
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Firmenbuchnummer: |
FN 113072 h Wien 1976-03-04 |
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Activities: |
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Trade names: |
Thermo Fisher Scientific |
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Trade names: |
Integrative Technologies Divis |
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VAT number: |
ATU 14187306 |
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number - Austrian National Bank: |
435759 |
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Import |
Country |
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Import |
Switzerland |
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2007 |
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Import |
Great Britain and Northern Ireland / United Kingdom |
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2007 |
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Import |
USA |
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2007 |
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Export |
Country |
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Export |
Eastern Europe |
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2007 |
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Financial data
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total turnover (total sales) |
2007 |
EUR 50.000.000,00 |
(estimated) |
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total turnover (total sales) |
2006 |
EUR 40.955.018,23 |
(exact) |
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total turnover (total sales) |
2005 |
EUR 25.844.995,43 |
(exact) |
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total turnover (total sales) |
2004 |
EUR 17.724.381,26 |
(exact) |
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total turnover (total sales) |
2003 |
EUR 16.184.859,00 |
(exact) |
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total employees |
2008 |
27 |
(approx.) |
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white collar workers |
2008 |
27 |
(approx.) |
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total stock |
2008 |
EUR 550.000,00 |
(average) |
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total company vehicles |
2008 |
13 |
(approx.) |
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leasing vehicles |
2008 |
13 |
(approx.) |
Extraxt from the Companies' House
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firm (style): |
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16 Thermo Electron Austria |
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legal form: |
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1 Gesellschaft mit
beschränkter Haftung |
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registered
office: |
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1 politischer Gemeinde
Wien |
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business adress: |
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10 Wehlistraße 27b |
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capital: |
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16 EUR 220.000 |
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reference date
annual accounts: |
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1 31. Dezember |
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annual accounts: |
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25 zum 31.12.2006
eingereicht am 24.09.2007 |
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power of
representation: |
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1 Die Generalversammlung
bestimmt, wenn mehrere Geschäfts- |
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proxy: |
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K Ing. Peter W. Bellant, geb.
12.06.1956 |
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managing
director: |
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B Charly Marty, geb.
20.06.1941 |
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shareholder: |
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J Thermo Electron SA |
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general table: |
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Handelsgericht Wien |
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Comment on Legal Information
Real estate:
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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Charly Marti |
1941-06-20 |
Tertex |
manager |
0 |
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Dr. Heinz Steidl |
1954-11-19 |
1190 Wien Eichelhofstraße 1 |
manager |
1 |
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Ing. Peter Bellant |
1956-06-12 |
1070 Wien Schottenfeldgasse 79 (c/o) |
individual signing clerk |
0 |
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Andrea Kleinhagauer |
1968-06-25 |
1230 Wien Traviatagasse 21-29 |
individual signing clerk |
0 |
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Günther Sladek |
1964-07-15 |
2601 Sollenau Forellengasse 9 |
individual signing clerk |
0 |
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Günter Wagner |
1951-07-26 |
42489 Wülfrath Wolfgang Borchertstraße 4 |
individual signing clerk |
0 |
Balance Sheet
(absolute) all amounts in EUR
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2006-12-31 |
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Trademarks and similar rights and advantages |
12.561,78 |
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Sum intangible assets |
12.561,78 |
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Sum tangible assets |
106.659,94 |
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Other financial assets, values and securities of fixed assets |
78.630,10 |
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Sum financial assets |
78.630,10 |
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Sum fixed assets |
197.851,82 |
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Finished products |
600.060,17 |
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Advanced payments |
77.628,78 |
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Sum stock |
677.688,95 |
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Claims from delivered goods and performed services |
8.721.085,76 |
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Other claims and assets |
150.353,33 |
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Claims against related firmes Claims against companies with
shareholding relationship |
10.078.952,90 |
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Sum claims |
18.950.391,99 |
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Cash on hand, cheques and bank deposits |
2.728.067,37 |
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Sum cash and bank |
2.728.067,37 |
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Sum current assets |
22.356.148,31 |
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Assets |
22.554.000,13 |
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Subscribed/declared capital |
220.000,00 |
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Capital reserves |
400.808,08 |
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Free reserves |
35.849,02 |
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Balance sheet profit/balance sheet loss |
10.716.157,08 |
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Thereof profit/loss carried forward |
8.249.990,06 |
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Sum equity capital |
11.372.814,18 |
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Reserves for severance pays |
258.735,00 |
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Tax reserves |
344.574,16 |
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Other reserves |
1.701.252,63 |
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Sum reserves |
2.304.561,79 |
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Received advanced payments for orders |
1.264.195,92 |
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Liabilities from delivered goods and performed services from the acceptance
of drafts and emission of promissory notes |
363.073,53 |
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Liabilities against related firms |
6.283.715,08 |
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Other liabilities |
530.938,90 |
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Sum liabilities |
8.441.923,43 |
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Deferred income |
434.700,73 |
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Sum deferred income |
434.700,73 |
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Liabilities |
22.554.000,13 |
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Balance sheet sum |
22.554.000,13 |
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P / L Account
(absolute) all amounts in EUR
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2006-12-31 |
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Gross sales |
40.955.018,23 |
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Sum turnover or sum gross profit |
40.955.018,23 |
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Other operating profits |
215.237,70 |
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Other operating profits totally |
215.237,70 |
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Costs for obtained services |
-3.489.387,86 |
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Special account material costs |
-29.430.554,69 |
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Costs for obtained services totally |
-32.919.942,55 |
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Salaries |
-1.505.675,74 |
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Costs for severance pays |
-25.754,90 |
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Legal fringe benefits and other payments
depending on salaries |
-353.711,01 |
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Other social fringe benefits |
-4.016,72 |
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Personnel expenses totally |
-1.889.158,37 |
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Depreciation of intangible assets,
tangible assets,activated expenses for the set up and expansion of business
operation |
-59.015,93 |
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Depreciation tangible assets / intangible
assets totally |
-59.015,93 |
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Different operating costs |
-3.153.066,40 |
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Other taxes |
-9.494,18 |
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Other operating costs totally |
-3.162.560,58 |
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Operating result totally |
3.139.578,50 |
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Interest income, securties income and similar income |
270.763,25 |
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Financial profits |
3.255,47 |
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Financial profits totally |
274.018,72 |
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Results from usual business activity
totally |
3.413.597,22 |
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Taxes on income and profits |
-947.430,20 |
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Taxes on income and profits totally |
-947.430,20 |
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Annual surplus/annual deficit totally |
2.466.167,02 |
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Annual profit/annual loss totally |
2.466.167,02 |
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Profit and loss carried forward from previous year |
8.249.990,06 |
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Transfer of profits totally |
8.249.990,06 |
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B/S profit/ B/S loss from profit and loss
account |
10.716.157,08 |
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Key ratios
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2006 |
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Cash flow II |
2.525.182,95 |
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Debt amortisation period |
3,17 |
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Bank indebtedness |
0,00 |
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Equity capital share |
50,42 |
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Social capital share |
1,14 |
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Fixed assets coverage |
5.878,91 |
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Net profit ratio |
8,33 |
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Capital turnover |
1,81 |
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Return on investment |
15,13 |
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Cash flow in % of operating performance |
6,16 |
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Cash flow I |
3.472.613,15 |
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Gross productivity |
21,67 |
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Net productivity |
4,25 |
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Operating performance |
40.955.018,23 |
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Inventories in % of operating performance |
1,65 |
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Gross profit |
8.035.075,68 |
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Locations
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Type |
Locations |
Description |
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E-mail |
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operational |
Wehlistraße 27b, A-1200 Wien |
registered office |
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operational |
Wehlistraße 27 b, A-1200 Wien |
registered headquarters, rented premises |
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analyse.at@thermo.at |
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former |
Schottenfeldgasse 79, A-1072 Wien |
registered office |
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former |
Schottenfeldgasse 79, A-1072 Wien |
registered headquarters |
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former |
Rudolfinergasse 2, A-1190 Wien |
branch office |
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related companies
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Company name |
Postal code |
Stake in % |
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Shares in this company are held by: |
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Thermo Electron SA |
Case Postale 66, CH-1024 Ecublens |
100 % 1994-08-13 |
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Bankers
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Banker |
Bank sort code |
Type of banking connection |
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Bank Austria Creditanstalt AG, 1011 Wien |
12000 |
main bank connection |
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Erste Bank der oesterreichischen Sparkassen AG, 1011 Wien |
20111 |
main bank connection |
Historical development
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Year of incorporation: |
1976 |
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Date of registration: |
1976-03-04 |
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Change of company name: |
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From |
To |
Company name |
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2002-09-11 |
Thermo Optek wissenschaftliche Geräte GmbH |
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2002-09-11 |
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Thermo Electron Austria wissenschaftliche Geräte GmbH |
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Change in share capital: |
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From |
To |
Capital |
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2002-09-11 |
ATS 3.000.000,00 |
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2002-09-11 |
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EUR 220.000,00 |
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Former executives: |
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From |
To |
Function |
Name |
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2002-12-12 |
2005-11-23 |
individual signing clerk |
Hermann Katzlinger |
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2002-12-12 |
2007-03-21 |
individual signing clerk |
Nina Hanjes |
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1996-12-14 |
joint signing clerk |
Hermann Katzlinger |
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1996-12-14 |
joint signing clerk |
Gerold Stattin |
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1996-12-14 |
joint signing clerk |
Ing. Peter Tymciw |
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Mergers: |
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Date |
Function |
Name |
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2002-09-13 |
merged with |
ThermoQuest wissenschaftliche Geräte
GmbH |
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. |
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%)