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Report Date : |
12.07.2014 |
IDENTIFICATION DETAILS
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Name : |
BEGRÜNUNGEN HUNN
AG |
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Registered Office : |
Pilatusstrasse 14, 5630 Muri/AG |
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Country : |
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Date of Incorporation : |
03.04.1980 |
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Com. Reg. No.: |
400.3.003.691-1 / 84536 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
· engaged in gardening and landscaping Services Activities Subject offers services
in Bioengineering, Green Roofs and in Seeding. Seeding With the hydroseeding-wet-seeding methods they plants embankments and
areas at high altitudes. Green Roofs With the xeroflor® roof greening system, all types of
roofs are planted. Bioengineering With the help of plants and natural materials embankments and riparian
zones were installed. |
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No of Employees : |
12 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Switzerland |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
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 |
Begrünungen Hunn AG
Pilatusstrasse 14
5630 Muri/AG
Switzerland/CH
Telephone: 056 6642225
Fax: 056
6642925
Web
site: http://www.begruenungen-hunn.ch
E-mail: info@begruenungen-hunn.ch
VAT-No.: CHE100631141
Established: 1980
Line
of Business: Commercial services
Industry
Division: Services
Industry-code (NACE): 8130 Landscape service activities
Import/Export: Import
Quality
certification: ISO 9001:2000 (since
2006)
Banks: unknown
Coverage: Company
Employees: 12
The company is engaged in gardening and landscaping service activities.
It offers services in Bioengineering, green roofs and in seeding.
Seeding: With the hydroseeding-wet-seeding methods they plants
embankments and areas at high altitudes.
Bioengineering: With the help of plants and natural materials
embankments and riparian zones were installed.
Green Roofs: With the xeroflor® roof greening system, all types of roofs are planted.
Information on property ownership was not available.
Company
No: 400.3.003.691-1 / 84536
Legal
form: Company limited
by shares
Registration: 03.04.1980
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Aargau
History: Date of Statutes:
26.11.1981
Date of Incorporation
Statutes: 27.03.1980
Date of
Statutes: 30.10.1998
Entry Deleted Name
active Begrünungen
Hunn AG
Entry Deleted Legal domicile
active Muri
(AG), Switzerland
Entry Deleted Address
29.09.1999 Pilatusstrasse
14, 5630 Muri, Switzerland/CH
29.09.1999 Pilatusstrasse 1016, 5630 Muri/AG,
Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 100,000, paidup CHF 100,000
Entry Deleted Capital Structure
active 100
Registered shares of CHF 1,000.--
Title Name
President,
Chief Executive Kurt Hauser,
Origin: Näfels, Switzerland, Residential address: 3600 Thun, Switzerland, joint
signature of two, Registered since: 28.11.2002
Vice-President Walter Kohli,
Origin: Saanen, Switzerland, Residential address: 3053 Münchenbuchsee,
Switzerland, joint signature of two, Registered since: 29.04.1998
Director Caspar
Sgier, Origin: Vignogn, Switzerland, Residential address: 3626 Hilterfingen,
Switzerland, joint signature of two, Registered since: 21.09.2010
Title Name
General
Manager Franz
Brunner, Origin: Berikon, Switzerland, Residential address: 5606 Dintikon,
Switzerland, joint signature of two
Title Name
Auditor PricewaterhouseCoopers
AG, Residential address: Bern, Switzerland, Id: CHE-308.775.052, Registered
since: 29.09.1999
Name: Garden Adventure
Holding AG
City/Country: Kiesen/BE, Switzerland/CH
No.
of Owner/-s: 1
Owner: The company is domestic
owned.
Class: 100%
Type: indirect,
Group-Level 1
Name: Garden Adventure
Holding AG
City/Country: Kiesen/BE, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Type: direct
Name: Hydrosaat AG
City/Country: St. Ursen/FR, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest
It is believed that the company has no investments.
Control date Year No. Amount CHF Status
21.05.2014 2014 0
21.05.2014 2013 0
21.05.2014 2012 0
21.05.2014 2011 0
21.05.2014 2010 0
21.05.2014 2009 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.
Financial
Situation: The financial situation
is in order.
Payment
experiences: Financial obligations are
met as appropriate.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.19 |
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UK Pound |
1 |
Rs.103.15 |
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Euro |
1 |
Rs.81.87 |
INFORMATION DETAILS
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Analysis Done by
: |
RAS |
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Report Prepared
by : |
MNL |
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 |
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-- |
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.