MIRA INFORM REPORT

 

 

Report Date :           

03.08.2011

 

IDENTIFICATION DETAILS

 

Name :

OMICRON NANO TECHNOLOGY GMBH

 

 

Registered Office :

Limburger Strasse 75, Taunusstein, 65232

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

02.06.1984

 

 

Com. Reg. No.:

16116

 

 

Legal Form :

Private Independent

 

 

Line of Business :

Manufacture of electronic instruments and appliances for measuring, checking, testing, navigating and other purposes

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

Payment Behaviour :

No Complaints

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Germany

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 Bottom of Form

 

Company name & address 

 

Omicron Nano Technology GmbH

 

Limburger Strasse 75

Taunusstein, 65232

Germany

Tel:       +49 (0) 6128 9870

Fax:      +49 (0) 6128 987185

 

 

Synthesis     

 

Employees:                  137

Company Type:            Private Independent

Incorporation Date:         02-Jun-1984     

Financials in:                 USD (Millions)

Fiscal Year End:            31-Dec-2009

Reporting Currency:       Euro

Annual Sales:               NA

Total Assets:                29.8

 

 

Business Description     

 

Omicron Nano Technology GmbH is primarily engaged in manufacture of electronic instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment; and manufacture of non-electronic instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment.

 

Industry 

Industry            Scientific and Technical Instruments

ANZSIC 2006:    2419 - Other Professional and Scientific Equipment Manufacturing

NACE 2002:      3320 - Manufacture of instruments and appliances for measuring, checking, testing, navigating

and other purposes, except industrial process control equipment

NAICS 2002:     334513 - Instrument's and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variable

UK SIC 2003:     3320 - Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

US SIC 1987:    3826 - Laboratory Analytical Instruments

 

           

Key Executives   

 

Name               Title    

Norbert Nold      Chairman         


 

Registered No.(DEU): 16116

 

 

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7190468

2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.6969855

 

 

Corporate Overview

 

Location

Limburger Strasse 75

Taunusstein, 65232

Germany

Tel:       +49 (0) 6128 9870

Fax:      +49 (0) 6128 987185

Sales EUR(mil):             NA

Assets EUR(mil):           20.8

Employees:                   137

Fiscal Year End:            31-Dec-2009

Industry:                        Scientific and Technical Instruments

           

Incorporation Date:         02-Jun-1984

Company Type:             Private Independent

Quoted Status:              Not Quoted

Registered No.(DEU):     16116

 

 

Contents

 

·         Industry Codes

·         Business Description

·         Financial Data

·         Subsidiaries

·         Key Corporate Relationships

 

 

Industry Codes

ANZSIC 2006 Codes:

3720     -          Pharmaceutical and Toiletry Goods Wholesaling

2419     -          Other Professional and Scientific Equipment Manufacturing

 

NACE 2002 Codes:

3320     -          Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

5146     -          Wholesale of pharmaceutical goods

 

NAICS 2002 Codes:

334513  -          Instrument's and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variable

424210  -          Drugs and Druggists' Sundries Merchant Wholesalers

 

US SIC 1987:

5122     -          Drugs, Drug Proprietaries, and Druggists' Sundries

3826     -          Laboratory Analytical Instruments

 

UK SIC 2003:

5146     -          Wholesale of pharmaceutical goods

3320     -          Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

 

Business Description

Omicron Nano Technology GmbH is primarily engaged in manufacture of electronic instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment; and manufacture of non-electronic instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment.

 

 

Financial Data

Financials in:

EUR(mil)

 

Assets:

20.8

Current Assets:

16.7

 

Total Liabilities:

20.8

 

Issued Capital:

0.1

 

Net Worth:

8.3

 

 

 

Date of Financial Data:

31-Dec-2009

 

1 Year Growth

NA

 

 

Subsidiaries

Company

Percentage Owned

Country

OMICRON SURFACE SCIENCE LTD.

 

England

OMICRON Instrument

 

 

OMICRON UHV

 

 

Omicron Microscopy,

 

 

 

 

 

 

Key Corporate Relationships

Bank:

Deutsche Bank, Commerzbank

 

 

 

 

 

 

 

 

 

 

 

Executives Report

 

 

Board of Directors

 

Name

Title

Function

 

Norbert Nold

 

Chairman

Chairman

 

 

 

Annual Profit & Loss

 

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate (Period Average)

0.719047

0.683679

0.730637

Consolidated

No

No

No

 

 

 

 

Taxes and social security costs

1.6

1.6

-

Total payroll costs

10.8

11.0

-

Fixed asset depreciation and amortisation

0.6

0.7

-

Other operating costs

7.0

7.2

-

Net operating income

0.8

-0.2

-

Other income

0.2

0.9

-

Interest payable on loans

0.9

1.1

-

Other expenses

-

0.1

-

Total expenses

0.6

0.3

-

Profit before tax

0.2

-0.6

-

Provisions

2.0

1.8

2.7

Other taxes

0.0

0.0

-

Total taxation

0.0

-0.6

-

Net profit

0.2

-

-

Net loss

-

0.0

-

 

 

Annual Balance Sheet

 

Financials in: USD (mil)

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.696986

0.719399

0.683971

Consolidated

No

No

No

 

 

 

 

Issued capital

0.2

-

0.2

Capital reserves

5.6

-

-

Total reserves

5.9

-

11.0

Profits for the year

0.2

-

0.3

Profit brought forward from previous year(s)

0.0

-

-

Total stockholders equity

11.9

11.3

11.5

Provisions and allowances

2.0

1.8

2.9

Taxes and social security

0.6

0.6

0.6

Total long-term liabilities

0.6

0.6

0.6

Other loans

3.7

1.6

5.1

Taxation and social security

10.6

10.0

6.6

Due to group companies

0.8

0.8

0.4

Total current liabilities

15.1

12.4

12.1

Regularisation account

0.2

0.2

0.1

Total liabilities (including net worth)

29.8

26.3

27.3

Patents

0.3

0.3

-

Other intangibles

-

-

0.1

Intangibles

0.3

0.3

0.1

Total tangible fixed assets

1.5

1.7

1.6

Long-term investments

3.9

3.7

3.0

Total financial assets

3.9

3.7

3.0

Total non-current assets

5.6

5.8

4.7

Net stocks and work in progress

9.0

7.0

4.6

Other receivables

9.9

8.2

7.6

Total receivables

13.7

12.0

13.5

Owing from associated companies

3.8

3.8

5.9

Cash and liquid assets

1.3

1.4

4.2

Total current assets

24.0

20.3

22.2

Prepaid expenses and deferred costs

0.2

0.2

0.3

Total assets

29.8

26.3

27.3

 

 

Annual Ratios

 

Financials in: USD (mil)

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.696986

0.719399

0.683971

Consolidated

No

No

No

 

 

 

 

Current ratio

15.93

16.44

18.40

Acid test ratio

9.98

10.80

14.62

Total liabilities to net worth

0.13%

0.11%

0.11%

Net worth to total assets

0.04%

0.04%

0.04%

Current liabilities to net worth

0.13%

0.11%

0.11%

Current liabilities to stock

0.17%

0.18%

0.26%

Fixed assets to net worth

0.05%

0.05%

0.04%

Return on assets

0.00%

0.00%

-

Shareholders' return

0.00%

-

-

Profit per employee

0.10

-

-

Average wage per employee

5.67

-

-

Net worth

11.9

11.3

11.5

Number of employees

137

-

-

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.23

UK Pound

1

Rs.72.09

Euro

1

Rs.62.99

 

 

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

Capability to overcome financial difficulties seems comparatively below average.

 

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

----

NB

New Business

----

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.