MIRA INFORM REPORT
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Report Date : |
11.03.2011 |
IDENTIFICATION DETAILS
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Name : |
EMAG AG |
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Registered Office : |
Ringstrasse 39, Postfach, 4603 Olten |
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Country : |
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Date of Incorporation : |
17.02.1933 |
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Com. Reg. No.: |
249.3.000.021-7 / 51907 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
trading in hides and skins from beef, veal, lamb,
sheep, goats and deer |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
CHF 20'000 |
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Status : |
Moderate |
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Payment
Behaviour : |
Regular |
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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 – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name
Emag AG
Operating address
Ringstrasse 39
Postfach
4603 Olten
Switzerland/CH
Telephone: 062
2062080
Fax: 062
2062081
Web
site: http://www.emag.ch
E-mail: emag@emag.ch
VAT-No
CHE-102.212.683
Profile
Established: 1932
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4624 Wholesale of hides, skins and leather
Import/Export: Import
Banks: CS Credit Suisse
Operational Figures
Coverage: Company
Employees: 5
Activity
The business activities includes trading in hides and skins from beef, veal,
lamb, sheep, goats and deer.
Real Estate
Information on property ownership was not available.
Company Register
Company
No: 249.3.000.021-7 / 51907
Legal
form: Company limited
by shares
Registration: 17.02.1933
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Solothurn
Auditor: ITERA Wirtschaftsprüfung
AG, Aarau
History: Date of Statutes:
20.08.1976
Date of
Statutes: 09.06.2008
Entry Deleted Name
active Emag
AG
active Emag
SA (Name translated)
active Emag
Ltd (Name translated)
Entry Deleted Legal domicile
10.06.2008
Entry Deleted Address
10.06.2008 Ringstrasse
39, 4600 Olten/SO, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 300'000, paidup CHF 300'000
Entry Deleted Capital Structure
active 300
Registered shares of CHF 1'000.--
Entry Deleted Activity (original Language)
active Handel
mit rohen und gegerbten Häuten und Fellen. Die Gesellschaft kann sich an
anderen Unternehmen beteiligen, Grundstücke erwerben und veräussern.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
10.06.2008 Shares:
Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt.
10.06.2008 Reports:
Die Mitteilungen der Gesellschaft an die Aktionäre erfolgen durch
eingeschriebenen Brief an die Adressen der im Aktienbuch eingetragenen
Aktionäre.
Official Administration
Title Name
President Niklaus
Thomas Zehnder, Origin:
Executive
Director Christoph
N. Zehnder, Origin:
Executive board
Title Name
Chief
Executive Officer Niklaus
Thomas Zehnder
Owner/-s
Owner: The
company is in family ownership.
Investments
It is believed that the company has no investments.
Legal Actions
Control date Year No. Amount CHF Status
30.04.2008 2008 0
30.04.2008 2007 0
30.04.2008 2006 0
An updated legal action check is only available against proof of
interest. e.g. a copy of an enquiry letter, and order or invoice relating to
the subject company.
Credit Information
Financial
Statements: The company does not
disclose any financial statements. Third parties are not permitted any insight
into the financial affairs. It is therefore difficult to make a proper
assessment of the actual situation.
Financial
Situation: The financial situation
is considered to be in order.
Payment
experiences: There are no objections
regarding the payment of financial obligations.
Maximum
Credit: CHF 20'000
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.11 |
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1 |
Rs.72.91 |
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Euro |
1 |
Rs.62.56 |
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 |
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 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.