MIRA INFORM REPORT

 

 

Report Date :           

24.06.2011

 

IDENTIFICATION DETAILS

 

Name :

MARCUS SYSTEM CO., LTD.

 

 

Formerly Known As :

OLIM KUNUP CO., LTD.

 

 

Registered Office :

209-4, Nonhyeon-dong, Gangnam-gu, Seoul, Korea, 4FL., UBIM Bldg., Zip Code 135-996

 

 

Country :

South Korea

 

 

Date of Incorporation :

06.03.1990

 

 

Com. Reg. No.:

120-81-49024

 

 

Legal Form :

Co., Ltd by Shares

 

 

Line of Business :

Manufacture of Computer Printer

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

Unknown

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)

South Korea

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

 

Basic

 

Company Name

MARCUS SYSTEM CO., LTD.

(Korean Company Name : “마카스시스템(주)”)

Registered Address

209-4, Nonhyeon-dong, Gangnam-gu, Seoul, Korea

Building

4FL., UBIM Bldg.

Zip Code

135-996

Tel

+82-2-545-4333

Fax

+82-2-545-4412

E-mail

webmaster@marcus.co.kr;cwoh@marcus.co.kr

Website

www.marcus.co.kr

Trading Address

4FL., UBIM Bldg., 209-4, Nonhyeon-dong, Gangnam-gu, Seoul, Korea

Tel

+82-2-545-4333

Fax

+82-2-545-4412

Type

Export/Import

Industry

Manufacture of Computer Printer

  Main Business

Industrial CAD/CAM, Digital Inkjet Printer, Digital Textile Printer, Engraving & Routing System, CNC Machine, Software, UV Printer, Inkjet Printer, Cutting Plotter

Established (mm/dd/yyyy)

03/06/1990

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Inkjet printers(43212104)

Sell

Plotter printers(43212107)

Sell

Computer printers(43212100)

 

 

CEO’s

 

Name

Yim Hyun-Soon

Address

Suite 5-1106, 1685, Seocho-dong, Seocho-gu, Seoul, Korea

Date of Birth

04/04/1955

Title

Representative Director

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

400,000,000

Employees

53

Formation

Co., Ltd by Shares

Bank Details

Citibank, Seoul-Seo Yoido Branch

Corporate Registered No.

110111-0680309

Business Registered No.

120-81-49024

Permit & Licenses

Int’l Trade No.: 11241416

Shareholder Position

Name

Shares

%

YIM HYUN-SOON

39,200

49.00

LEE IL-WOO

23,200

29.00

LEE JUNG-SIK

9,600

12.00

YOU HONG-RIM

8,000

10.00

TOTAL

80,000

100.00

Company History

03/06/1990 Incorporated as OLIM KUNUP CO., LTD.

04/13/1995 Changed company name to the present name

05/31/1996 Increased the authorized shares to 80,000 shares from 40,000 shares

06/01/1996 Increased capital to 400,000,000 KRW from 100,000,000 KRW

04/24/2009 Moved to the present HQ address from 4FL., Donghwa Bldg., 207-1, Nonhyeon-dong, Gangnam-gu, Seoul, Korea

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

Representative Director

Mr.

Yim Hyun-Soon

Male

Korean

04/13/1995

Auditor

Mr.

Choi Byung-Cheon

Male

Korean

01/16/1996

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

2010

 

 

 

2009

 

 

 

2008

 

 

 

2007

 

 

 

2006

 

 

 

2005

 

 

 

2004

18,071,000,000

5,639,000,000

1,247,000,000

2003

14,076,000,000

4,313,000,000

1,518,000,000

The latest & full financials are not available, and the Subject Company does not have any obligations to release its financials to the public.

Financial Description

 

Authorized Capital(KRW)

400,000,000

Paid-Up Capital(KRW)

400,000,000

Total Issues Shares

80,000

 

 

Trade Partners & Competitors

 

Suppliers

MIMAKI ENGINEERING(JAPAN)

SCANVEC-AMIABLE(USA)

MULTICAM(USA)

TROTEC PRODUKTIONS U. VERTRIEBS GMBH(AUSTRIA)

Competitors

BIXOLON CO., LTD.

A-507, DIGITAL EMPIRE BLDG., 980-3, YEONGTONG 2-DONG, YEONGTONG-GU, SUWON-SI, GYEONGGI-DO, KOREA

TEL:+82-31-218-5500  FAX:+82-31-218-5589

 

DIGITAL GRAPHICS INCORPORATION CO., LTD.

517, DEOKGYE-DONG, YANGJU-SI, GYEONGGI-DO, KOREA

TEL:+82-31-820-8900  FAX:+82-31-820-8990

 

DAEWON INFORMATION SYSTEM CO., LTD.

RM. 916, KOLON DIGITAL TOWER VILLANT, 222-7, GURO 3-DONG, GURO-GU, SEOUL, KOREA

TEL:+82-2-512-9007  FAX:+82-2-501-9153

 

Sales by Region

(Activity & Markets)

 

The Subject deals with the companies in Japan and USA.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

---

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.93

UK Pound

1

Rs.72.09

Euro

1

Rs.64.21

 

 

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.