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Report No. : |
304679 |
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Report Date : |
28.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
BRUKER OPTIK GMBH |
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|
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Registered Office : |
Rudolf-Plank-Str. 27 D 76275 Ettlingen |
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Country : |
Germany |
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|
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Financials (as on) : |
December 2012 |
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Date of Incorporation : |
01.07.1998 |
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Com. Reg. No.: |
HRB 362608 |
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Legal Form : |
Private Limited Company |
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|
Line of Business : |
·
Wholesale of nonelectric domestic
appliances, metal and other household
goods n.e.c. |
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|
No. of Employee : |
300 |
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 |
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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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
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, has contributed to strong growth 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 5.3% in 2013. The new German government introduced a minimum wage of $11 per hour to take effect in 2015. 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 and 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. 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
OPTIK GMBH
Company Status: active
Rudolf-Plank-Str. 27
D 76275 Ettlingen
Telephone:07243/504-200
Telefax: 07243/504-2050
Homepage: www.bruker.de
E-mail: info@brukeroptics.de
VAT
no.: DE812440710
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 1998
Shareholders'
agreement: 18.05.1998
Registered on: 01.07.1998
Commercial
Register: Local court 68159 Mannheim
under: HRB
362608
EUR 2,400,000.00
Shareholder:
Bruker Optics INC.
19 Fortune Drive
USA MA 01821-3991 Billerica
Legal form: Other legal
form
Share: EUR 2,400,000.00
Manager:
Dr. Arno Simon
Wehlauer Str. 5
D 76139 Karlsruhe
having sole power of
representation
born: 29.10.1950
Profession: Physicist
Manager:
Jürgen Walter Srega
D 28199 Bremen
born: 14.08.1954 in 76228
Karlsruhe-Stupferich
Profession: Businessman
Marital status: married
Manager:
Urban Fäh
D 76337 Waldbronn
born: 06.01.1964
Proxy:
Marc Ludger Beisel
D 76337 Waldbronn
authorized to jointly
represent the company
born: 13.04.1968
Proxy:
Stefan Ruge
D 28195 Bremen
authorized to jointly
represent the company
born: 23.11.1970
Further functions/participations of Dr. Arno
Simon (Manager)
Shareholder:
SOLUTION Solarsysteme
GmbH Vertrieb und
Montage
Humboldtstr. 1
D 76131 Karlsruhe
Legal form: Private
limited company
insolvent
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 09.05.1996
Reg. data: 68159 Mannheim, HRB 107459
Shareholder:
Solution Solar GmbH
Wehlauer Str. 5
D 76139 Karlsruhe
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 29.08.2014
Reg. data: 68159 Mannheim, HRB 720268
Shareholder:
ISIS Sentronics GmbH
Innstr. 28
D 68199 Mannheim
Legal form: Private
limited company
Share capital: EUR 31,006.00
Share: EUR 5,001.00
Registered
on: 30.05.2006
Reg. data: 68159 Mannheim, HRB 700520
Further functions/participations of Jürgen
Walter Srega (Manager)
Manager:
Bruker Daltonik GmbH
Fahrenheitstr. 4
D 28359 Bremen
Legal form: Private
limited company
Share capital: EUR 2,556,459.40
Registered
on: 13.05.1980
Reg. data: 28195 Bremen, HRB 8150 HB
01.07.1998 - 21.11.2002 BRUKER OPTIK GMBH
Silberstreifen
D 76287 Rheinstetten
Private limited
company
17.11.2004 - 05.03.2014 Manager
Frank Müller
D 76448 Durmersheim
Sectors
26512
Manufacture of instruments and appliances for measuring,
testing and navigation
4643
Wholesale of electrical household appliances and radio
and
televisiongoods
46495
Wholesale of nonelectric domestic appliances, metal and
other household goods n.e.c.
71112
Interior design
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
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2012
Type of ownership: Tenant
Address Rudolf-Plank-Str.
27
D 76275 Ettlingen
Land register documents were not available.
Principal bank
DEUTSCHE BANK, 76125 KARLSRUHE, BADEN
Sort.
code: 66070004
BIC: DEUTDESM660
Further bank
COMMERZBANK VORMALS DRESDNER BANK, 76009
KARLSRUHE, BADEN
Sort. code: 66080052
BIC: DRESDEFF660
Turnover: 2013 EUR 95,904,000.00
2014 EUR 100,000,000.00
Expected turnover: EUR 100,000,000.00
further business figures:
Equipment: EUR 1,625,187.00
Ac/ts receivable: EUR 26,705,913.00
Liabilities: EUR 12,817,846.00
Employees:
300
BALANCE SHEETS
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 79.20
Liquidity ratio: 10.00
Return on total capital [%]: 11.32
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 75.50
Liquidity ratio: 10.00
Return on total capital [%]: 16.38
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 67.05
Liquidity ratio: 1.57
Return on total capital [%]: 32.52
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 36.79
Liquidity ratio: 0.68
Return on total capital [%]: 9.08
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: 01.01.2012 - 31.12.2012
ASSETS EUR 111,617,960.00
Fixed assets EUR 48,974,369.99
Intangible assets
EUR 620,961.05
Concessions, licences, rights
EUR 620,961.05
Tangible assets
EUR 19,354,933.12
Land / similar rights
EUR 17,639,034.20
Other tangible assets / fixtures and
fittings
EUR 1,625,187.15
Advance payments made / construction
in progress
EUR 90,711.77
Financial assets
EUR 28,998,475.82
Shares in participations /
subsidiaries and the like
EUR 28,998,475.82
Shares in related companies
EUR 28,998,475.82
Current assets
EUR 62,494,999.43
Stocks
EUR 16,670,413.71
Raw materials, consumables and
supplies
EUR 10,290,874.53
Finished goods / work in progress
EUR 6,379,539.18
Accounts receivable
EUR 26,705,912.87
Trade debtors
EUR 6,135,140.27
Amounts due from related companies
EUR 17,647,340.23
Other debtors and assets
EUR 2,923,432.37
Liquid means
EUR 19,118,672.85
Remaining other assets
EUR 148,590.58
Accruals (assets)
EUR 148,590.58
LIABILITIES EUR 111,617,960.00
Shareholders' equity
EUR 88,360,534.27
Capital
EUR 2,400,000.00
Subscribed capital (share capital)
EUR 2,400,000.00
Reserves
EUR 73,598,974.15
Retained earnings / revenue reserves EUR 73,598,974.15
Balance sheet profit/loss (+/-)
EUR 12,361,560.12
Annual surplus / annual deficit
EUR 12,361,560.12
Provisions
EUR 10,245,328.03
Provisions for taxes
EUR 2,599,583.67
Other / unspecified provisions
EUR 7,645,744.36
Liabilities
EUR 12,817,846.10
Other liabilities
EUR 12,817,846.10
Trade creditors (for IAS incl. bills
of exchange)
EUR 2,752,019.17
Liabilities from received advance
payments EUR 4,227,166.65
Liabililties due to related companiesEUR 5,196,468.31
Unspecified other liabilities
EUR 642,191.97
thereof liabilities from tax /
financial authorities EUR 599,896.53
Other liabilities
EUR 194,251.60
Deferrals (liabilities)
EUR 194,251.60
PROFIT AND LOSS ACCOUNT (cost of sales method)
according to Comm.
Code
(HGB)
Sales EUR 91,298,805.53
Manufacturing costs
EUR 46,156,009.84
Gross result on sales
EUR 45,142,795.69
Research and development costs
EUR 7,380,526.14
Other operating income
EUR 2,855,875.00
Other operating expenses
EUR 20,934,675.37
Operating result from continuing
operations
EUR 19,683,469.18
Interest result (+/-)
EUR -601,418.03
Interest and similar income
EUR 31,890.43
thereof from related companies
EUR 25,083.33
Interest and similar expenses
EUR 633,308.46
thereof paid to related companies
EUR 17,305.56
Financial result (+/-)
EUR -601,418.03
Result from ordinary operations (+/-)
EUR 19,082,051.15
Income tax / refund of income tax (+/-)EUR -6,622,160.14
Other taxes / refund of taxes
EUR -98,330.89
Tax
(+/-)
EUR -6,720,491.03
Annual surplus / annual deficit
EUR 12,361,560.12
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2011 - 31.12.2011
ASSETS EUR 100,257,240.01
Fixed assets
EUR 49,521,107.36
Intangible assets
EUR 499,888.70
Concessions, licences, rights
EUR 463,858.76
Advance payments for intang. assets
EUR 36,029.94
Tangible assets
EUR 20,405,214.52
Land / similar rights
EUR 18,328,175.23
Other tangible assets / fixtures and
fittings
EUR 2,042,852.89
Advance payments made / construction
in progress
EUR 34,186.40
Financial assets
EUR 28,616,004.14
Shares in participations /
subsidiaries and the like
EUR 28,616,004.14
Shares in related companies
EUR 28,616,004.14
Current assets
EUR 50,556,104.98
Stocks
EUR 16,441,435.28
Raw materials, consumables and
supplies
EUR 10,085,755.53
Finished goods / work in progress
EUR 6,355,679.75
Accounts receivable
EUR 19,151,381.66
Trade debtors
EUR 5,757,409.58
Amounts due from related companies
EUR 13,299,145.71
Other debtors and assets
EUR 94,826.37
Liquid means
EUR 14,963,288.04
Remaining other assets
EUR 180,027.67
Accruals (assets)
EUR 180,027.67
LIABILITIES EUR 100,257,240.01
Shareholders' equity
EUR 75,998,974.15
Capital
EUR 2,400,000.00
Subscribed capital (share capital)
EUR 2,400,000.00
Reserves EUR 58,974,890.78
Retained earnings / revenue reserves EUR 58,974,890.78
Balance sheet profit/loss (+/-)
EUR 14,624,083.37
Annual surplus / annual deficit
EUR 14,624,083.37
Provisions EUR 12,492,575.74
Provisions for taxes
EUR 6,079,484.06
Other / unspecified provisions
EUR 6,413,091.68
Liabilities
EUR 11,620,487.51
Other liabilities
EUR 11,620,487.51
Trade creditors (for IAS incl. bills
of exchange)
EUR 2,939,470.13
Liabilities from received advance
payments EUR 3,237,862.25
Liabililties due to related companiesEUR 5,162,068.70
Unspecified other liabilities
EUR 281,086.43
thereof liabilities from tax /
financial authorities
EUR 233,357.89
Other liabilities
EUR 145,202.61
Deferrals (liabilities)
EUR 145,202.61
PROFIT AND LOSS ACCOUNT (cost of sales method)
according to Comm.
Code
(HGB)
Sales EUR 95,902,739.67
Manufacturing costs
EUR 48,683,287.14
Gross result on sales
EUR 47,219,452.53
Research and development costs
EUR 6,717,991.83
Other operating income
EUR 1,765,335.46
Other operating expenses
EUR 20,248,528.87
Operating result from continuing
operations
EUR 22,018,267.29
Interest result (+/-)
EUR -111,007.58
Interest and similar income
EUR 46,473.39
thereof from related companies
EUR 25,472.23
Interest and similar expenses
EUR 157,480.97
thereof paid to related companies
EUR 96,250.00
Financial result (+/-)
EUR -111,007.58
Result from ordinary operations (+/-)
EUR 21,907,259.71
Extraordinary expenses
EUR 1,282,178.75
Extraordinary result (+/-)
EUR -1,282,178.75
Income tax / refund of income tax (+/-)EUR -6,000,997.59
Tax
(+/-)
EUR -6,000,997.59
Annual surplus / annual deficit
EUR 14,624,083.37
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.46 |
|
|
1 |
Rs.92.77 |
|
Euro |
1 |
Rs.69.03 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
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Report Prepared
by : |
ANK |
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.