|
Report Date : |
06.02.2014 |
IDENTIFICATION DETAILS
|
Name : |
BRUKER DALTONIK GMBH |
|
|
|
|
Registered Office : |
Fahrenheitstr. 4 D 28359 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
13.05.1980 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
Manufacturer of technical instruments
and supplies for medical purposes |
|
|
|
|
No. of Employees : |
521 |
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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
GERMANY - ECONOMIC OVERVIEW
The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth in 2006 and 2007 and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 6.5% in 2012. GDP contracted 5.1% in 2009 but grew by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7% in 2012 - a reflection of low investment spending due to crisis-induced uncertainty and the decreased demand for German exports from recession-stricken periphery countries. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's total budget deficit - including federal, state, and municipal - to 4.1% in 2010, but slower spending and higher tax revenues reduced the deficit to 0.8% in 2011. In 2012 Germany reached a budget surplus of 0.1%. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016 though the target was already reached in 2012. By 2014, the federal government wants to balance its budget. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela Merkel announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany hopes to replace nuclear power with renewable energy. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its electricity generating capacity and 46% of its base-load electricity production
|
Source
: CIA |
BRUKER DALTONIK GMBH
Company Status: active
Fahrenheitstr. 4
D 28359 Bremen
Telephone:0421/2205-0
Telefax:
0421/2205-100
Homepage: www.bruker.com
E-mail:
sales@bdal.de
VAT no.: DE114404287
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 1980
Registered on: 13.05.1980
Commercial Register: Local court 28195 Bremen
under: HRB
8150 HB
Share capital: EUR 2,556,459.40
Shareholder:
Bruker Daltonics Inc.
44 Manning Road
USA MA 01821 Billerica
Legal form: Other legal
form
Share: EUR 2,300,813.46
Shareholder:
Bruker BioSciences Corp.
44 Manning Rod
USA MA 01821 Billerica
Legal form: Other legal
form
Share: EUR 255,645.94
Manager:
Jürgen Walter Srega
D 28199 Bremen
authorized to jointly
represent the company
born: 14.08.1954 in 76228
Karlsruhe-Stupferich
Profession: Businessman
Marital status: married
Manager:
Ian Sanders
GB Shoreham by Sea
authorized to jointly
represent the company
born: 01.01.1967
Nationality:
British
Manager:
Dr. Michael Schubert
D 28359 Bremen
authorized to jointly
represent the company
Manager:
Sebastian Meyer-Plath
D 04416 Markkleeberg
authorized to jointly
represent the company
born: 19.05.1964
Manager:
Stefan Ruge
D 28195 Bremen
authorized to jointly
represent the company
born: 23.11.1970
Proxy:
Elmar Illek
Orthstr. 18
D 81245 München
authorized to jointly
represent the company
born: 06.04.1950
Profession: Fully
qualified engineer
Marital status: married
Proxy:
Dr. Norbert Klöpper
D 04029 Leipzig
authorized to jointly
represent the company
born: 30.08.1970
Proxy:
Dr. Wolfgang Pusch
D 28359 Bremen
authorized to jointly
represent the company
born: 08.11.1966
Proxy:
Dr. Thomas Ludwig
D 64283 Darmstadt
authorized to jointly
represent the company
born: 03.08.1964
Further functions/participations of Jürgen Walter
Srega (Manager)
Manager:
BRUKER OPTIK GMBH
Rudolf-Plank-Str. 27
D 76275 Ettlingen
Legal form: Private
limited company
Share capital: EUR 2,400,000.00
Registered
on: 22.11.2002
Reg. data: 68159 Mannheim, HRB 362608
Further functions/participations of Stefan
Ruge (Manager)
Proxy:
BRUKER OPTIK GMBH
Rudolf-Plank-Str. 27
D 76275 Ettlingen
Legal form: Private
limited company
Share capital: EUR 2,400,000.00
Registered
on: 22.11.2002
Reg. data: 68159 Mannheim, HRB 362608
13.05.1980 - 16.10.1998 Bruker-Franzen Analytik GmbH
Fahrenheitstr. 4
D 28359 Bremen
Private limited
company
15.03.2005 - 05.06.2012 Manager
Frank Laukien
USA boston
Main industrial sector
32501
Manufacutre of technical instruments and supplies for medical
purposesn.e.c.
46184
Agents involved in the sale of pharmaceutical goods,
medical and orthopedic goods, laborary
supplies, medical and
dental supplies, dental instruments
Branch:
Bruker Daltonik GmbH
Permoserstr. 15
D 04318 Leipzig
TEL.: 0341/24313-0
FAX.: 0341/2431313
Reg. entry: 12.12.2002
Shareholder:
Bruker-Physik GmbH
Rudolf-Plank-Str. 23
D 76275 Ettlingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 8,500,000.00
Share: EUR 2,103,750.00
Reg. data: 23.07.2007
Local court
68159 Mannheim
HRB 702671
Shareholder:
Bruker Saxonia Mechanik
GmbH
Permoserstr. 15
D 04318 Leipzig
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 24.06.2008
Local court 04275 Leipzig
HRB 24172
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
BALANCE
SHEET YEAR: 2011
Type of ownership: Tenant
Address Fahrenheitstr.
4
D 28359 Bremen
Type of ownership: proprietor
Share: 100.00 %
Address Permoserstr.
15
D 04318 Leipzig
Value at selling price: EUR 10,000,000.00
Land register documents were not available.
Principal
bank
SPARKASSE BREMEN, BREMEN
Sort. code: 29050101, BIC: SBREDE22XXX
Further bank
COMMERZBANK, BREMEN
Sort.
code: 29040090, BIC: COBADEFF290
Turnover: 2012 EUR 100,000,000.00
Equipment: EUR 2,443,002.00
Ac/ts receivable: EUR
43,802,293.00
Liabilities: EUR 76,357,375.00
Employees:
521
- thereof permanent staff: 519
- Trainees: 2
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 43.73
Liquidity ratio: 0.76
Return on total capital [%]: 6.84
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 42.38
Liquidity ratio: 0.75
Return on total capital [%]: 4.98
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 54.14
Liquidity ratio: 0.93
Return on total capital [%]: 10.13
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 49.08
Liquidity ratio: 0.89
Return on total capital [%]: 6.38
Equity ratio
The equity ratio indicates the portion of the
equity as compared
to the total capital. The higher the equity
ratio, the better the
economic stability (solvency) and thus the
financial autonomy of
a company.
Liquidity
ratio
The liquidity ratio shows the proportion
between adjusted
receivables and net liabilities. The higher
the ratio, the lower
the company's financial dependancy from
external creditors.
Return on
total capital
The return on total capital shows the
efficiency and return on
the total capital employed in the company. The
higher the return
on total capital, the more economically does
the company work
with the invested capital.
Type of
balance sheet: Company balance sheet
Financial
year: 01.01.2011 - 31.12.2011
ASSETS EUR 167,815,900.85
Fixed
assets EUR 71,931,524.28
Intangible
assets EUR 457,200.91
Concessions,
licences, rights EUR 387,981.43
Advance
payments for intang. assets EUR 69,219.48
Tangible
assets EUR 21,038,111.94
Land /
similar rights EUR 13,950,157.44
Plant /
machinery EUR 4,621,153.08
Other
tangible assets / fixtures and
fittings EUR 2,443,002.00
Advance
payments made / construction
in
progress EUR 23,799.42
Financial
assets EUR 50,436,211.43
Shares
in participations /
subsidiaries
and the like EUR 28,936,211.43
Shares
in related companies EUR 546,357.23
Shares
in investee companies EUR 28,389,854.20
Loans to
participations /
subsidiaries
and the like EUR 21,500,000.00
Loans to
related companies EUR 21,500,000.00
Current
assets EUR 95,732,081.68
Stocks EUR
36,914,399.17
Raw
materials, consumables and
supplies EUR 10,660,551.77
Finished
goods / work in progress EUR 26,159,993.21
Advance
payments made EUR 93,854.19
Accounts
receivable EUR
43,802,293.12
Trade
debtors EUR 5,797,886.33
Amounts
due from related companies EUR
35,012,455.61
Other
debtors and assets EUR 2,991,951.18
Liquid
means EUR 15,015,389.39
Remaining
other assets EUR 152,294.89
Accruals
(assets) EUR 152,294.89
LIABILITIES EUR 167,815,900.85
Shareholders'
equity EUR 64,003,030.76
Capital EUR
2,556,459.41
Subscribed
capital (share capital) EUR 2,556,459.41
Reserves EUR 1,345,679.22
Capital
reserves EUR 450,918.43
Retained
earnings / revenue reserves EUR 894,760.79
Balance
sheet profit/loss (+/-) EUR 60,100,892.13
Profit /
loss brought forward EUR
49,152,444.60
Annual
surplus / annual deficit EUR
10,948,447.53
Provisions EUR
22,671,579.11
Provisions
for taxes EUR
127,234.91
Other /
unspecified provisions EUR
22,544,344.20
Liabilities EUR 76,357,375.33
Other
liabilities EUR
76,357,375.33
Trade
creditors (for IAS incl. bills
of
exchange) EUR 4,325,703.43
Liabilities
from received advance
payments EUR 11,561,667.29
Liabilities
due to shareholders EUR 13,742,247.54
Liabililties
due to related companies EUR 43,308,089.00
Unspecified
other liabilities EUR 3,419,668.07
thereof
liabilities from tax /
financial
authorities EUR 363,456.20
thereof
liabilities from social
security EUR
57,000.55
Other
liabilities EUR
4,783,915.65
Deferrals
(liabilities) EUR 4,783,915.65
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 130,836,089.83
Inventory
change + own costs (+/-) EUR
6,427,636.46
Inventory
change (+/-) EUR 4,164,028.76
Capitalised
own costs EUR 2,263,607.70
Other
operating income EUR
9,785,632.60
Cost of
materials EUR 66,462,398.33
Raw
materials and supplies, purchased
goods EUR 53,079,744.84
Purchased
services EUR 13,382,653.49
Gross
result (+/-) EUR 80,586,960.56
Staff
expenses EUR 34,709,439.51
Wages
and salaries EUR
29,838,324.95
Social
security contributions and
expenses
for pension plans and
benefits EUR 4,871,114.56
Total
depreciation EUR 5,340,490.71
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR
5,340,490.71
Other
operating expenses EUR 25,549,042.86
Operating
result from continuing
operations EUR 14,987,987.48
Result
from participating interests
(+/-) EUR
989,354.17
Expenses
/ income from participations EUR
989,354.17
Income
from transfer of profits EUR 989,354.17
Interest
result (+/-) EUR
-164,201.53
Interest
and similar income EUR 1,182,255.31
thereof
from related companies EUR 1,111,461.44
Interest
and similar expenses EUR 1,346,456.84
thereof
paid to related companies EUR
1,343,920.16
Financial
result (+/-) EUR 825,152.64
Result
from ordinary operations (+/-) EUR
15,813,140.12
Income
tax / refund of income tax (+/-) EUR -4,750,067.46
Other
taxes / refund of taxes EUR -114,625.13
Tax
(+/-) EUR -4,864,692.59
Annual
surplus / annual deficit EUR 10,948,447.53
Type of
balance sheet: Company balance sheet
Financial
year: 01.01.2010 - 31.12.2010
ASSETS EUR 146,836,340.76
Fixed
assets EUR 72,388,036.71
Intangible
assets EUR 480,867.68
Concessions,
licences, rights EUR 318,776.43
Advance
payments for intang. assets EUR 162,091.25
Tangible
assets EUR 21,470,957.60
Land /
similar rights EUR
14,952,977.60
Plant /
machinery EUR 4,369,913.00
Other
tangible assets / fixtures and
fittings EUR 2,148,067.00
Financial
assets EUR 50,436,211.43
Shares
in participations /
subsidiaries
and the like EUR 28,936,211.43
Shares
in related companies EUR 546,357.23
Shares
in investee companies EUR
28,389,854.20
Loans to
participations /
subsidiaries
and the like EUR 21,500,000.00
Loans to
related companies EUR 21,500,000.00
Current
assets EUR 74,376,635.51
Stocks EUR
28,657,654.41
Raw
materials, consumables and
supplies EUR 6,615,925.34
Finished
goods / work in progress EUR 21,997,421.59
Advance
payments made EUR 44,307.48
Accounts
receivable EUR 37,980,273.96
Trade
debtors EUR 6,732,908.46
Amounts
due from related companies EUR
29,585,208.07
Other
debtors and assets EUR 1,662,157.43
Liquid
means EUR 7,738,707.14
Remaining
other assets EUR
71,668.54
Accruals
(assets) EUR 71,668.54
LIABILITIES EUR 146,836,340.76
Shareholders'
equity EUR 53,054,583.23
Capital EUR 2,556,459.41
Subscribed
capital (share capital) EUR 2,556,459.41
Reserves EUR 1,345,679.22
Capital
reserves EUR
450,918.43
Retained
earnings / revenue reserves EUR 894,760.79
Balance
sheet profit/loss (+/-) EUR 49,152,444.60
Profit /
loss brought forward EUR
42,339,203.90
Annual
surplus / annual deficit EUR 6,813,240.70
Provisions EUR 30,541,770.19
Provisions
for taxes EUR 5,632,724.42
Other /
unspecified provisions EUR 24,909,045.77
Liabilities EUR
59,932,617.14
Other
liabilities EUR 59,932,617.14
Trade
creditors (for IAS incl. bills
of
exchange) EUR 2,147,012.44
Liabilities
from received advance
payments EUR 8,356,031.38
Liabilities
due to shareholders EUR 14,980,847.49
Liabililties
due to related companies EUR 32,474,764.35
Unspecified
other liabilities EUR 1,973,961.48
thereof
liabilities from tax /
financial
authorities EUR 909,398.21
thereof
liabilities from social
security EUR 49,184.47
Other
liabilities EUR 3,307,370.20
Deferrals
(liabilities) EUR 3,307,370.20
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 125,496,271.31
Inventory
change + own costs (+/-) EUR
7,046,198.71
Inventory
change (+/-) EUR 5,534,703.00
Capitalised
own costs EUR 1,511,495.71
Other
operating income EUR 4,275,261.30
Cost of
materials EUR 61,560,153.99
Raw
materials and supplies, purchased
goods EUR 50,568,415.62
Purchased
services EUR 10,991,738.37
Gross
result (+/-) EUR 75,257,577.33
Staff
expenses EUR
33,658,351.90
Wages
and salaries EUR 29,136,439.28
Social
security contributions and
expenses
for pension plans and
benefits EUR 4,521,912.62
Total
depreciation EUR 4,904,044.02
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 4,904,044.02
Other
operating expenses EUR 22,724,664.21
Operating
result from continuing
operations EUR 13,970,517.20
Result
from participating interests
(+/-) EUR 669,876.76
Expenses
/ income from participations EUR 669,876.76
Income
from transfer of profits EUR 669,876.76
Interest
result (+/-) EUR
-444,187.11
Interest
and similar income EUR 884,622.23
thereof
from related companies EUR 841,961.49
Interest
and similar expenses EUR 1,328,809.34
thereof
paid to related companies EUR 814,259.87
Financial
result (+/-) EUR
225,689.65
Result from ordinary operations (+/-)
EUR 14,196,206.85
Income tax / refund of income tax (+/-) EUR
-7,231,723.95
Other taxes / refund of taxes
EUR -151,242.20
Tax (+/-)
EUR -7,382,966.15
Annual surplus / annual deficit
EUR 6,813,240.70
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.45 |
|
|
1 |
Rs.102.01 |
|
Euro |
1 |
Rs.84.35 |
INFORMATION DETAILS
|
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.