MIRA INFORM REPORT

 

 

Report Date :

27.11.2012

 

IDENTIFICATION DETAILS

 

Name :

THERMO FISHER SCIENTIFIC WISSENSCHAFTLICHE GERÄTE GMBH

 

 

Registered Office :

Wehlistraße  27b, A-1200 Vienna

 

 

Country :

Austria

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

04.03.1976

 

 

Reg. No.:

FN113072h

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale and retail trade; repair of motor vehicles

 

 

No. of Employees :

42

 

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2011)

Current Rating

(30.06.2012)

Austria

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

austria - ECONOMIC OVERVIEW

 

Austria, with its well-developed market economy, skilled labor force, and high standard of living, is closely tied to other EU economies, especially Germany's. Its economy features a large service sector, a sound industrial sector, and a small, but highly developed agricultural sector. Following several years of solid foreign demand for Austrian exports and record employment growth, the international financial crisis of 2008 and subsequent global economic downturn led to a sharp but brief recession. Austrian GDP contracted 3.9% in 2009 but saw positive growth of about 2% in 2010 and 3% in 2011. Unemployment did not rise as steeply in Austria as elsewhere in Europe, partly because the government subsidized reduced working hour schemes to allow companies to retain employees. Stabilization measures, stimulus spending, and an income tax reform pushed the budget deficit to 4.7% in 2010 and 3.6% in 2011, from only about 1.3% in 2008. The international financial crisis of 2008 caused difficulties for Austria''s largest banks whose extensive operations in central, eastern, and southeastern Europe faced large losses. The government provided bank support - including in some instances, nationalization - to support aggregate demand and stabilize the banking system. Austria''s fiscal position compares favorably with other euro-zone countries, but it faces considerable external risks, such as Austrian banks'' continued high exposure to central and eastern Europe as well as political and economic uncertainties caused by the European sovereign debt crisis. In 2011 the government attempted to pass a constitutional amendment limiting public debt to 60% of GDP by 2020, but it was unable to obtain sufficient support in parliament and instead passed the measure as a simple law. In March 2012, the Austrian parliament approved an austerity budget that will bring public finances into balance by 2016.

 

Source : CIA


Company Name and Address

 

THERMO FISHER SCIENTIFIC WISSENSCHAFTLICHE GERÄTE GMBH

Wehlistraße  27b, A-1200 Vienna

 

 

Basic company information

 

Last up-date:

2012-10-22

Company name:

Thermo Fisher Scientific wissenschaftliche Geräte GmbH

Status:

active company

Locations:

Wehlistraße  27b, A-1200 Vienna

Phone:

0043 (1) 3335034

Fax:

0043 (1) 3335034 - 26

Internet:

http://www.thermofisher.com

Activities:

Önace 46690 100% Wholesale of other machinery and equipment

 

General Assessment:

Model: CompanyScore

Probability of Default (Basel II):

0,04%

Very low risk

comparison:

The Rating of this company is better than industry average.

Recommendation:

In respect to solvency reasons, there is nothing to say against an establishment of a business relationship.

 

Detail Assessment:

Payment

Merchandise is mainly imported. Domestic obligations and invoices of forwarders are settled within net agreements.

 

Assessment

Company's financial situation is in order. Earnings potential, however, is unsatisfactory.

 

 

Additional company information

 

Year of incorporation:

1976

 

Type of company:

Wholesale and retail trade; repair of motor vehicles

 

Legal form:

limited liability company since 1976-02-19

 

companies' house number:

FN 113072 h Wien 1976-03-04

 

Activities:

 

 

VAT number:

ATU 14187306

 

number - Austrian National Bank:

435759

 

 

 

 

Import 

Country 

 

 

 

Import

Switzerland

 

2012

 

Import

Great Britain and Northern Ireland / United Kingdom

 

2012

 

Import

USA

 

2012

 

 

 

Export 

Country 

 

 

 

Export

Eastern Europe

 

2012

 

Export

European Union

 

2012

 

 

 

Financial data

 

total turnover (total sales)

2011

EUR  67.971.111,41

(exact)

total turnover (total sales)

2010

EUR  61.710.455,44

(exact)

total turnover (total sales)

2009

EUR  42.839.884,22

(exact)

total turnover (total sales)

2008

EUR  50.418.027,54

(exact)

total turnover (total sales)

2007

EUR  51.254.569,85

(exact)

total employees

2012

42

(approx.)

white collar workers

2012

42

(approx.)

total company vehicles

2012

32

(approx.)

 

 

Extraxt from the Companies' House

 

firm (style):

   34      Thermo Fisher Scientific
           wissenschaftliche Geräte GmbH

legal form:

    1      Gesellschaft mit beschränkter Haftung

registered office:

    1      politischer Gemeinde Wien

business adress:

   10      Wehlistraße 27b
           1200 Wien

capital:

   16      EUR 220.000

reference date annual accounts:

    1      31. Dezember

annual accounts:

   39      zum 31.12.2011 eingereicht am 26.06.2012

power of representation:

    1      Die Generalversammlung bestimmt, wenn mehrere Geschäfts-
           führer bestellt sind, deren Vertretungsbefugnis.
    1   Gesellschaftsvertrag  vom 19.02.1976                                001
    1   Der Gesellschaftsvertrag wurde mehrfach geändert, zuletzt           002
          mit Beschluss der Generalversammlung  vom 12.03.1993
    1   Verschmelzungsvertrag  vom 12.02.1993                                         003
    1   Generalversammlungsbeschluss  vom 12.02.1993  der                   004
          FISONS INSTRUMENTS wissenschaftliche
          Geräte Gesellschaft m.b.H.
          als übertragender Gesellschaft. Verschmelzung mit dieser
          Gesellschaft als übernehmender Gesellschaft.
          Sitz der übertragenden Gesellschaft in Wien.
    1   Generalversammlungsbeschluss  vom 12.02.1993                        005
          Kapitalerhöhung um ATS 2.500.000,-.
          Änderung des Gesellschaftsvertrages im Punkt Drittens.
    8   Generalversammlungsbeschluss  vom 04.12.1996                        006
          Änderung des Gesellschaftsvertrages in Punkt I.
   16   Gesellschaftsvertrag mit Generalversammlungsbeschluss           007
          vom 26.06.2002
          gemäß 1. Euro-JuBeG angepasst.
   16   Generalversammlungsbeschluss  vom 26.06.2002                        008
          Kapitalerhöhung um EUR 1.981,50.
          Änderung des Gesellschaftsvertrages im Punkt Drittens.
   16   Generalversammlungsbeschluss  vom 26.06.2002                        009
          Änderung des Gesellschaftsvertrages in den Punkten Erstens
          und Fünftens.
   16   Verschmelzungsvertrag  vom 26.06.2002                                      010
   16   Generalversammlungsbeschluss  vom 26.06.2002                        011
          Diese Gesellschaft wurde als
          übernehmende Gesellschaft mit der
          ThermoQuest wissenschaftliche Geräte
          GmbH
          (FN 152785 i)
          als übertragender Gesellschaft verschmolzen.
          Sitz der übertragenden Gesellschaft in Wien.
   34   Verschmelzungsvertrag  vom 17.09.2008                                      012
   34   Generalversammlungsbeschluss  vom 17.09.2008                        013
          Diese Gesellschaft wurde als
          übernehmende Gesellschaft mit der
          Spectronex GmbH
          (FN 45106 h)
          als übertragender Gesellschaft verschmolzen.
          Sitz der übertragenden Gesellschaft in Wien.
   34   Generalversammlungsbeschluss  vom 17.09.2008                        014
          Änderung des Gesellschaftsvertrages im Punkt Erstens
          Absatz 1.

proxy:

         H   Dr Heinz Steidl, geb. 19.11.1954
   28        vertritt seit 07.08.2008 selbständig
         O   Ing. Günther Sladek, geb. 15.07.1964
   24        vertritt seit 09.03.2007 selbständig
         T   Brigitte Schmidt, geb. 31.12.1976
   37        vertritt seit 01.03.2011 selbständig
         U   Ing. Klaudia Tlachac, geb. 19.01.1969
   40        vertritt seit 04.10.2012 gemeinsam mit
             einem Geschäftsführer oder einem weiteren Prokuristen

managing director:

         B   Charly Marty, geb. 20.06.1941
    1        vertritt seit 30.04.1987 selbständig
         Q   Horst Maglia, geb. 22.08.1968
   28        vertritt seit 07.08.2008 selbständig

shareholder:

         S   Thermo Fisher Scientific (Schweiz) AG
   33        ....................    EUR 220.000
   33        ...............................................    EUR 220.000
                          ------------------------------------------------------
                   Summen:           EUR 220.000                EUR 220.000

general table:

 Handelsgericht Wien
   1 datenersterfaßt am 13.08.1994              Geschäftsfall 921 Fr  2042/94 a
       Ersterfassung gem. Art. XXIII Abs. 4 FBG
   8 eingetragen am 17.01.1997                  Geschäftsfall  72 Fr  9342/96 k
       Antrag auf Änderung  eingelangt am 18.12.1996
   9 eingetragen am 15.05.1997                  Geschäftsfall  71 Fr  5223/97 f
       Berichtigung - Antrag  eingelangt am 07.05.1997
  10 eingetragen am 07.04.1998                  Geschäftsfall  71 Fr  2301/98 t
       Antrag auf Änderung  eingelangt am 23.03.1998
  16 eingetragen am 11.09.2002                  Geschäftsfall  75 Fr  9065/02 x
       Antrag auf Änderung  eingelangt am 09.08.2002
  24 eingetragen am 21.03.2007                  Geschäftsfall  75 Fr  2501/07 m
       Antrag auf Änderung  eingelangt am 13.03.2007
  27 eingetragen am 18.06.2008                  Geschäftsfall  71 Fr  7453/08 z
       Antrag auf Änderung  eingelangt am 13.06.2008
  28 eingetragen am 11.09.2008                  Geschäftsfall  71 Fr 11852/08 v
       Antrag auf Änderung  eingelangt am 03.09.2008
  31 eingetragen am 09.10.2008                  Geschäftsfall  71 Fr 13438/08 a
       Antrag auf Änderung  eingelangt am 26.09.2008
  33 eingetragen am 15.10.2008                  Geschäftsfall  71 Fr 14759/08 v
       Antrag auf Änderung  eingelangt am 26.09.2008
  34 eingetragen am 30.10.2008                  Geschäftsfall  71 Fr 13269/08 b
       Antrag auf Änderung  eingelangt am 25.09.2008
  37 eingetragen am 09.03.2011                  Geschäftsfall  74 Fr  5367/11 f
       Antrag auf Änderung  eingelangt am 07.03.2011
  39 eingetragen am 28.06.2012                  Geschäftsfall  74 Fr  9655/12 w
       Elektronische Einreichung Jahresabschluss  eingelangt am 26.06.2012
  40 eingetragen am 23.10.2012                  Geschäftsfall  74 Fr 20512/12 k
       Antrag auf Änderung  eingelangt am 18.10.2012

 

Real estate

 

Real estate KSV text:

No real estate property registered

 

 

Private data

 

 

Surname

 

 

Date of birth

 

 

Address

 

 

Executive positions

 

Further executive positions (as registered in the companies' house)

Horst Maglia

 

1968-08-22 

 

1180 Wien Severin Schreibergasse 29-33

manager

 

0

 

Charly Marty

 

1941-06-20 

 

1030 Wien Rudolf von Altplatz 1

manager

 

3

 

Brigitte Schmidt

 

1976-12-31 

 

2123 Unterolberndorf Äußere Wiesen 2

individual signing clerk

 

0

 

Günther Sladek

1964-07-15 

2601 Sollenau Forellengasse 9

individual signing clerk

0

Dr.  Heinz Steidl

1954-11-19 

1190 Wien Eichelhofstraße 1

individual signing clerk

1

Ing.  Klaudia Tlachac

 

1969-01-19 

 

3424 Zeiselmauer Brunhildengasse 32

joint signing clerk

 

1

 

 

 

Balance Sheet 

 

(absolute) all amounts in EUR 

 

 

2011-12-31 

 

 

 

 

Goodwill

4.882.190,26

 

 

 

 

Franchises, patents, licences, trademarks and similar rights and advantages

475.027,13

 

 

 

 

Sum intangible assets

5.357.217,39

 

 

 

 

 

Other operating and business equipment

59.470,63

 

 

 

 

Sum tangible assets

59.470,63

 

 

 

 

 

Sum fixed assets

5.416.688,02

 

 

 

 

 

Finished products

1.073.905,43

 

 

 

 

Sum stock

1.073.905,43

 

 

 

 

 

Claims from delivered goods and performed services

13.628.299,82

 

 

 

 

Claims against related firmes Claims against companies with shareholding relationship

176.001,31

 

 

 

 

Other claims and assets

288.589,50

 

 

 

 

Sum claims

14.092.890,63

 

 

 

 

 

Cash on hand, cheques and bank deposits

11.699.222,70

 

 

 

 

Sum cash and bank

11.699.222,70

 

 

 

 

 

Sum current assets

26.866.018,76

 

 

 

 

 

Deferred charges

67.472,55

 

 

 

 

Sum deferred charges

67.472,55

 

 

 

 

Assets

32.350.179,33

 

 

 

 

 

Subscribed/declared capital

220.000,00

 

 

 

 

Not committed capital reserves

1.146.707,45

 

 

 

 

Legal reserves

22.000,00

 

 

 

 

Free reserves

35.849,02

 

 

 

 

Balance sheet profit/balance sheet loss

17.702.216,88

 

 

 

 

Thereof profit/loss carried forward

18.219.319,35

 

 

 

 

Sum equity capital

19.126.773,35

 

 

 

 

 

Reservesfor severance pays

645.298,00

 

 

 

 

Tax reserves

36.144,58

 

 

 

 

Other reserves

1.830.836,15

 

 

 

 

Sum reserves

2.512.278,73

 

 

 

 

 

Received advanced payments for orders

827.851,14

 

 

 

 

Liabilities from delivered goods and performed services from the acceptance of drafts and emission of promissory notes

785.217,92

 

 

 

 

Liabilities against related firms

6.640.768,82

 

 

 

 

Other liabilities

384.324,93

 

 

 

 

Sum liabilities

8.638.162,81

 

 

 

 

 

Deferred income

2.072.964,44

 

 

 

 

Sum deferred income

2.072.964,44

 

 

 

 

Liabilities

32.350.179,33

 

 

 

 

 

Balance sheet sum

32.350.179,33

 

 

 

 

 

 

P / L Account 

 

(absolute) all amounts in EUR 

 

 

2011-12-31 

 

 

 

 

Gross sales 

67.971.111,41

 

 

 

 

Sum turnover or sum gross profit 

67.971.111,41

 

 

 

 

 

Other operating profits 

1.147.044,18

 

 

 

 

Other operating profits totally 

1.147.044,18

 

 

 

 

 

Costs for obtained services 

-3.404.855,40

 

 

 

 

Special account material costs 

-53.874.966,25

 

 

 

 

Costs for obtained services totally 

-57.279.821,65

 

 

 

 

 

Salaries 

-2.848.279,10

 

 

 

 

Costs for severance pays 

-137.546,21

 

 

 

 

Legal fringe benefits and other payments depending on salaries 

-644.784,12

 

 

 

 

Other social fringe benefits 

-15.340,35

 

 

 

 

Personnel expenses totally 

-3.645.949,78

 

 

 

 

 

Depreciation of intangible assets, tangible assets,activated expenses for the set up and expansion of business operation 

-1.723.320,94

 

 

 

 

Depreciation tangible assets / intangible assets totally 

-1.723.320,94

 

 

 

 

 

Different operating costs 

-6.842.059,50

 

 

 

 

Other operating costs totally 

-6.842.059,50

 

 

 

 

 

Operating result totally 

-372.996,28

 

 

 

 

 

Interest income, securties income and similar income 

88.165,22

 

 

 

 

Financial profits totally 

88.165,22

 

 

 

 

 

Results from usual business activity totally 

-284.831,06

 

 

 

 

 

Taxes on income and profits 

-232.271,41

 

 

 

 

Taxes on income and profits totally 

-232.271,41

 

 

 

 

Annual surplus/annual deficit totally 

-517.102,47

 

 

 

 

 

Annual profit/annual loss totally 

-517.102,47

 

 

 

 

 

Profit and loss carried forward from previous year 

18.219.319,35

 

 

 

 

Transfer of profits totally 

18.219.319,35

 

 

 

 

B/S profit/ B/S loss from profit and loss account 

17.702.216,88

 

 

 

 

 

 

Key ratios

 

 

2011  

 

 

 

 

 

Cash flow II

  1.206.218,47

 

 

 

 

 

Debt amortisation period

  1,14

 

 

 

 

 

Bank indebtedness

  0,00

 

 

 

 

 

Equity capital share

  60,67

 

 

 

 

 

Social capital share

  1,99

 

 

 

 

 

Fixed assets coverage

  365,02

 

 

 

 

 

Net profit ratio

  -0,41

 

 

 

 

 

Capital turnover

  2,10

 

 

 

 

 

Return on investment

  -0,88

 

 

 

 

 

Cash flow in % of operating performance

  1,77

 

 

 

 

 

Cash flow I

  1.438.489,88

 

 

 

 

 

Gross productivity

  18,64

 

 

 

 

 

Net productivity

  2,93

 

 

 

 

 

Operating performance

  67.971.111,41

 

 

 

 

 

Inventories in % of operating performance

  1,57

 

 

 

 

 

Gross profit

  10.691.289,76

 

 

 

 

 

 

 

Locations

 

Type

Locations

Description

 

 

 

operational 

Wehlistraße  27b, A-1200 Wien

registered office 

 

 

 

operational 

Wehlistraße  27b, A-1200 Wien

registered headquarters, rented premises 

 

 

 

former 

Schottenfeldgasse  79, A-1072 Wien

registered office 

 

 

 

former 

Schottenfeldgasse  79, A-1072 Wien

registered headquarters 

 

 

 

former 

Rudolfinergasse  2, A-1190 Wien

branch office 

 

 

 

 

 

related companies

 

Company name

 

Postal code

 

Stake in %

 

KSV-number

Companies House

 

Shares in this company are held by:

Thermo Fisher Scientific (Schweiz) AG

Neuhofstraße  11, CH-4153 Reinach

100 % 2008-10-15

 

387.861

 

CH-270.3.012.954-8

 

 

Affiliated companies and further participations:

Robocon Labor- und Industrieroboter Gesellschaft m.b.H.

Wehlistraße  27 b, A-1200 Wien

 

 

417.132

 

FN 110591 i

 

Fisher Scientific (Austria) GmbH

Rudolf von Altplatz  1, A-1030 Wien

 

 

1.465.181

 

FN 273990 b

 

 

 

Bankers

 

 

 

 

Banker

Bank sort code

Type of banking connection

UniCredit Bank Austria AG, 1011 Wien

 

12000

 

main bank connection

 

Erste Bank der oesterreichischen Sparkassen AG, 1011 Wien

 

20111

 

main bank connection

 

 

 

Historical development

 

Year of incorporation:

1976

Date of registration:

1976-03-04

 

Change of company name:

From

To

Company name

   

  2002-09-11

Thermo Optek wissenschaftliche Geräte GmbH 

  2002-09-11

  2008-10-30

Thermo Electron Austria wissenschaftliche Geräte GmbH 

  2008-10-30

   

Thermo Fisher Scientific wissenschaftliche Geräte GmbH 

 

Change in share capital:

From

To

Capital

  2002-09-11

   

EUR  220.000,00

   

  2002-09-11

ATS  3.000.000,00

 

Former executives:

From

To

Function

Name

  2008-06-18

  2008-09-11

individual signing clerk 

Horst Maglia 

  2007-03-21

  2011-03-09

individual signing clerk 

Günter Wagner 

  1995-10-18

  2008-09-11

manager 

Dr. Heinz Steidl 

  2002-12-12

  2005-11-23

individual signing clerk 

Hermann Katzlinger 

  2002-12-12

  2007-03-21

individual signing clerk 

Nina Hanjes 

  2007-03-21

  2008-03-08

individual signing clerk 

Andrea Kleinhagauer 

  1996-12-14

  2008-09-11

individual signing clerk 

Ing. Peter Bellant 

  2008-03-08

  2008-09-11

individual signing clerk 

Nina Hanjes 

   

  1996-12-14

joint signing clerk 

Hermann Katzlinger 

   

  1996-12-14

joint signing clerk 

Gerold Stattin 

   

  1996-12-14

joint signing clerk 

Ing. Peter Tymciw 

 

Former shareholders:

From

To

Function

Name

  1994-08-13

  2008-10-11

partner 

Thermo Fisher Scientific (Eucublens) Ecublens, Schweiz SARL 

  2008-10-11

  2008-10-15

partner 

Swiss Analytic Group AG 

 

Mergers:

Date

Function

Name

  2008-10-31

merged with 

Spectronex GmbH 

  2002-09-13

merged with 

ThermoQuest wissenschaftliche Geräte GmbH 

 

 

 

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.69

UK Pound

1

Rs.89.19

Euro

1

Rs.72.10

 

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

 

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.