|
Report Date : |
08.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
CHOCOLAT BERNRAIN AG |
|
|
|
|
Registered Office : |
Bündtstrasse 12 8280 Kreuzlingen/TG |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
29.10.1956 |
|
|
|
|
Com. Reg. No.: |
440.3.003.138-4 / 34549 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Manufacture of cocoa, chocolate and sugar confectionery |
|
|
|
|
No. of Employees |
100 |
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SWITZERLAND ECONOMIC OVERVIEW
Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy began to recover in 2010. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safe-haven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell below 2% per year during 2011-13. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and is considering the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy
|
Source
: CIA |
Chocolat Bernrain AG
Bündtstrasse 12
8280 Kreuzlingen/TG
Switzerland/CH
Telephone: 071 6779777
Fax: 071 6779750
Web site: http://www.swisschocolate.ch
E-mail: bernrain@swisschocolate.ch
WIN Worldbox No.: CH0000307874
VAT-No.: CHE101678122
Established: 1932
History: 1932: Established from Heinrich Weibel
Line of Business: Food, Consumer goods wholesale
Industry Division: Manufacturing, Wholesale trade
Industry-code
(NACE): 1082 Manufacture of cocoa, chocolate and sugar confectionery
4636 Wholesale of sugar and chocolate and
sugar confectionery
Import/Export: Import, Export
Quality
certification: ISO 9001:2008 (since
2013)
Banks: CS Credit Suisse
TKB
Thurgauer Kantonalbank
UBS Ltd
Organisation
level: Ultimate Parent
Coverage: Company
Figures: estimated
Employees: 100
Sales: CHF 50,000,000.--
The business of the company includes the manufacture and sale of
chocolate products, taking into account fair trade environments. The company
also manufactures for its business customers under their own private label,
furthermore it operates an E-shop.
Products: cocoa, origin chocolate, lactose-free milk chocolate, organic
chocolate, chocolate without sugar, pralines and semi-finished products.
Real Estate: The company owns buildings.
Company No: 440.3.003.138-4 / 34549
Legal form: Company limited by shares
Registration: 29.10.1956
Legal status: active
Responsible
Register: Handelsregister des Kantons
Thurgau
History: Date of Statutes:
07.11.1996
Date of
Incorporation Statutes: 20.10.1956
Date of
Statutes: 19.07.2012
Date of
Statutes: 01.10.2004
Date of
Statutes: 11.04.2001
Entry Deleted Name
active Chocolat Bernrain AG
Entry Deleted Legal domicile
active Kreuzlingen, Switzerland
Entry Deleted Address
active Bündtstrasse 12, 8280
Kreuzlingen, Switzerland/CH
Entry Deleted Capital
24.07.2001 Share Capital CHF 4,000,000,
paidup CHF 4,000,000
Entry Deleted Capital Structure
24.07.2001 3,600 Registered shares of
CHF 1,000.--
24.07.2001 4,000 Registered shares of
CHF 100.--
Title Name
President Monica
Müller, Origin: Gränichen, Switzerland, Residential address: 8280
Kreuzlingen/TG, Switzerland, single signature, Registered since: 01.03.2001
Vice-President Fabian Kapfhamer,
Origin: Homburg, Switzerland, Residential address: 8598 Bottighofen/TG,
Switzerland, joint signature of two, Registered since: 28.07.2011
Director Dr.
Christof Biedermann, Origin: Basel, Switzerland, Residential address: 4000
Basel/BS, Switzerland, without signature, Registered since: 02.11.2010
Director Ursula
Müller-Hitz, Origin: Gränichen, Switzerland, Residential address: Kreuzlingen,
Switzerland, single power of attorney
Director Dr. Werner
Müller-Pekurney, Origin: Gränichen, Switzerland, Residential address:
Bottmingen, Switzerland, joint signature of two
Title Name
General Manager Monica Müller, Origin:
Gränichen, Switzerland, Residential address: 8280 Kreuzlingen/TG, Switzerland,
single signature, Registered since: 01.03.2001
Member with
procuration Robert Bättig,
Origin: Hergiswil, Switzerland, Residential address: Speicher, Switzerland,
joint power of attorney of two, Registered since: 18.12.2003
Member with
procuration Natasha Egli,
Origin: Bäretswil, Switzerland, Residential address: Sementina, Switzerland,
joint power of attorney of two, Registered since: 14.02.2012
Member with
procuration Gastone Farolfi,
Origin: Davesco-Soragno, Switzerland, Residential address: Lugano, Switzerland,
joint power of attorney of two
Member with
procuration Robert Keller,
Origin: Hornussen, Switzerland, Residential address: Güttingen, Switzerland,
joint power of attorney of two, Registered since: 22.01.1998
Member with
procuration Matthias Lauffer,
Origin: Uster, Switzerland, Residential address: Hettlingen, Switzerland, joint
power of attorney of two, Registered since: 06.05.2014
Member with
procuration Marcel Leemann,
Origin: Zürich, Switzerland, Residential address: 8600 Dübendorf/ZH, joint
power of attorney of two, Registered since: 11.01.2007
Member with
procuration Markus Lutz,
Origin: Wolfhalden, Switzerland, Residential address: Bottighofen, Switzerland,
joint power of attorney of two
Member with
procuration Ursula
Müller-Hitz, Origin: Gränichen, Switzerland, Residential address: Kreuzlingen,
Switzerland, single power of attorney
Member with
procuration Dr. Beat Nyfeler,
Origin: Gondiswil, Switzerland, Residential address: Dörflingen, Switzerland,
joint power of attorney of two, Registered since: 18.01.2000
Member with
procuration Antony Panakal,
Origin: Giubiasco, Switzerland, Residential address: Camorino, Switzerland,
joint power of attorney of two, Registered since: 16.01.2002
Member with
procuration Bernd Andreas
Riess, Origin: Germany, Residential address: Kreuzlingen, Switzerland, joint
power of attorney of two, Registered since: 12.01.1999
Member with
procuration Christian
Schreiber, Origin: Frauenfeld, Switzerland, Residential address: Bülach,
Switzerland, joint power of attorney of two, Registered since: 14.02.2012
Member with
procuration Roland Schuler,
Origin: Wetzikon ZH, Switzerland, Residential address: 8272 Ermatingen/TG,
Switzerland, joint power of attorney of two, Registered since: 13.03.2009
Member with
procuration Sonbol Valadi,
Origin: Arbon, Switzerland, Residential address: 8272 Ermatingen/TG,
Switzerland, joint power of attorney of two, Registered since: 10.02.2010
Member with
procuration Markus Wyrsch,
Origin: Attinghausen, Switzerland, Residential address: 8280 Kreuzlingen/TG,
Switzerland, joint power of attorney of two, Registered since: 01.07.2011
Title Name
Auditor PROVIDA
Wirtschaftsprüfung AG, Residential address: St. Gallen, Switzerland, Id: CHE-106.067.173,
Registered since: 24.07.2001
Title Name
Chief Executive
Officer Monica Müller
Chief Sales
Officer Robert
Keller (r.keller@swisschocolate.ch)
Chief Export
Officer Gastone
Farolfi (g.farolfi@swisschocolate.ch)
Chief Human Resources
Officer Roland Schuler
(r.schuler@swisschocolate.ch)
Chief Purchase
Officer Sonbol Valadi
(s.valadi@swisschocolate.ch)
Owner: The company is in
family ownership.
Class: 50-100%
Type: direct
Name: Fam. Müller
City/Country: Kreuzlingen/TG, Switzerland/CH
Interest: 99,60% voting right,
99,60% capital interest
Class: 100%
Name: Chocolat Stella SA
City/Country: Giubiasco/TI, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest (since 1980)
Control date Year No. Amount CHF Status
05.06.2014 2014 0
05.06.2014 2013 0
05.06.2014 2012 0
05.06.2014 2011 0
05.06.2014 2010 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.
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.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.41 |
|
|
1 |
Rs.103.42 |
|
Euro |
1 |
Rs.82.17 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
NIS |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.