MIRA INFORM REPORT
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Report No. : |
332197 |
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Report Date : |
21.07.2015 |
IDENTIFICATION DETAILS
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Name : |
METROHM AG |
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Registered Office : |
Ionenstrasse, 9100 Herisau/AR, Switzerland/CH |
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Country : |
Switzerland
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Date of Incorporation : |
10.02.1943 |
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Com. Reg. No.: |
300.3.012.064-1 |
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Legal Form : |
Company Limited By Shares |
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Line of Business : |
Subject is engaged in development, production and sale of precision
instruments for chemical analysis. Their customers come from the chemical,
petrochemical and pharmaceutical industries, as well as from the automotive
and food sectors. The metal and electronics industries, water and
environmental analysis and also research and training are further fields in
which they analytical instruments provide highly accurate results. |
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No. of Employees : |
400 |
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, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Switzerland |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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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 |
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 demand for Swiss exports, and put
Switzerland into a recession. During this period the Swiss National Bank (SNB)
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 unfolding in neighboring euro-zone countries,
however, coupled with ongoing economic instability in Russia and other eastern
European economies continues to pose a significant risk to the Swiss economy,
driving up demand for the Swiss franc by investors seeking a safe-haven
currency. In January of 2015, the SNB abandoned the Swiss franc’s peg to the
Euro, roiling global currency markets and making active SNB intervention a
necessary hallmark of present-day Swiss monetary policy. 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. In recent
years, Switzerland has responded to increasing pressure from neighboring
countries and trading partners, including the EU, the US, and international
institutions to reform its banking secrecy laws. In response to that
international pressure, the Swiss government has agreed to conform to OECD
regulations on administrative assistance in tax matters, including tax evasion.
The Swiss government has also renegotiated its double taxation agreements with
numerous countries, including the US, to incorporate OECD standards, while
openly considering the possibility of imposing taxes on bank deposits held by
foreigners.
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Source
: CIA |
Company
name
METROHM AG
Operating
address
Ionenstrasse
9100 Herisau/AR
Switzerland/CH
Telephone: 071 3538585
Fax: 071 3538901
Web site: http://www.metrohm.com
E-mail: info@metrohm.com
WIN Worldbox No.: CH0000096789
VAT-No.: CHE-105.928.996
MWST
UID-No.: CHE105928996
Profile
Established: 1943
History: 1943: Established from Dr. Bertold Suhner + Willie
Struder
Line of Business: Measurement
and control technology
Industry Division: Manufacturing
Industry-code (NACE): 2651 Manufacture of instruments and appliances
for measuring, testing and navigation
Import/Export: Export
Export sales: 90,0%
Quality certification: ISO
9001:2008 (since 2012)
Banks: UBS
AG, 9000 St. Gallen, IBAN CHF: CH94 0025 4254 6882 9730 B
UBS
AG, 9000 St. Gallen, IBAN USD: CH67 0025 4254 6882 9760 J
Credit
Suisse, 9001 St. Gallen, IBAN CHF: CH48
0483 5010 0963 2100 0
Operational
Figures
Coverage: Company
Figures: estimated
Financial year: 2015
Employees: 400
Sales: CHF
230,000,000.--
Activity
The business activities include the development, production and sale of
precision instruments for chemical analysis. Their customers come from the
chemical, petrochemical and pharmaceutical industries, as well as from the
automotive and food sectors. The metal and electronics industries, water and
environmental analysis and also research and training are further fields in
which they analytical instruments provide highly accurate results.
Real
Estate
Real Estate: It is understood
that the company has extensive property holdings.
Company
Register
Company No: 300.3.012.064-1
UID-No.: CHE105928996
Legal form: Company
limited by shares
Registration: 10.02.1943
Legal status: active
Responsible Register: Handelsregister
des Kantons Appenzell A. Rh.
History: Date
of Statutes: 20.06.1973
Date
of Statutes: 26.06.1948
Date
of Statutes: 18.01.1956
Date
of Statutes: 07.07.1983
Date
of Statutes: 15.12.1967
Date
of Incorporation Statutes: 05.02.1943
Date
of Statutes: 21.05.2014
Date
of Statutes: 01.04.1993
Entry Deleted Name
active Metrohm AG
active Metrohm Ltd
(Name translated)
active Metrohm SA
(Name translated)
Entry Deleted Legal domicile
active Herisau,
Switzerland
Entry Deleted Address
29.06.2011 Ionenstrasse,
9100 Herisau/AR, Switzerland/CH
29.06.2011 Oberdorfstrasse 68, 9100 Herisau/AR,
Switzerland/CH
Entry Deleted Capital
active Share Capital
CHF 200,000, paidup CHF 200,000
Entry Deleted Capital Structure
active 2,000
Registered shares of CHF 100.--
Official
Administration
Title Name
President Adrian Déteindre
Citizen: St. Gallen,
Switzerland
Residential address:
9000 St. Gallen/SG, Switzerland
joint signature of two
Vice-President Dr. Urban Slongo
Citizen: Herisau,
Switzerland
Residential address:
9100 Herisau/AR, Switzerland
joint signature of two
Registered since:
13.04.1992
Chief Executive Dr. Christoph
Fässler
Citizen: Appenzell,
Switzerland
Residential address:
9030 Abtwil (Gaiserwald)/SG, Switzerland
joint signature of two
Registered since:
01.06.1994
Director Alain
Luchsinger
Citizen: Glarus,
Switzerland
Residential address:
Affoltern am Albis/ZH, Switzerland
without signature
Registered since:
11.07.2014
Director Jörg Müller
Citizen: Amriswil,
Switzerland
Residential address:
Wiesendangen, Switzerland
without signature
Registered since:
17.06.2015
Director Dr. Freidrich
Santner
Citizen: Austria
Residential address:
Graz, Austria
without signature
Registered since: 07.08.2008
Management
Title Name
Director Jodok Reinhardt
Citizen: Solothurn,
Switzerland
Residential address:
St. Gallen, Switzerland
joint signature of two
Registered since:
27.02.2013
Director Dieter Strohm
Citizen: Germany
Residential address: 9100
Herisau/AR, Switzerland
joint signature of two
Registered since:
07.01.2003
Director Dr. Kai Henning
Viehweger
Citizen: Zürich,
Switzerland
Residential address:
9100 Herisau/AR, Switzerland
joint signature of two
Registered since:
07.01.2003
Director, Company Secretary Bruno
Winterhalter
Citizen: St. Gallen,
Switzerland
Residential address:
9402 Mörschwil/SG, Switzerland
joint signature of two
Vice-Director Daniel Dörig
Citizen: Appenzell,
Switzerland
Residential address:
9050 Appenzell/AI, Switzerland
joint signature of two
Registered since:
29.05.2001
Vice-Director Dr. Volker Jörg
Frost
Citizen: Germany
Residential address:
Winterthur, Switzerland
joint signature of two
Registered since:
30.05.2013
Vice-Director Patrick Hunziker
Citizen: Wynau,
Switzerland
Residential address:
Menzingen, Switzerland
joint signature of two
Registered since:
01.11.2012
Vice-Director Marcel Lingenhag
Citizen: Luzein,
Switzerland
Residential address:
Widnau, Switzerland
joint signature of two
Registered since:
24.04.2015
Vice-Director Herbert Müller
Citizen: Amriswil,
Switzerland
Residential address:
9402 Mörschwil/SG, Switzerland
joint signature of two
Registered since:
22.12.2008
Vice-Director Sandra Rüegg
Thepthong
Citizen: Wila, Switzerland
Residential address:
Wittenbach, Switzerland
joint signature of two
Registered since:
13.01.2015
Vice-Director Markus Steinke
Citizen: Germany
Residential address:
Uznach, Switzerland
joint signature of two
Registered since:
07.01.2003
Vice-Director Stefan Walther
Citizen: Frauenfeld,
Switzerland
Residential address:
Frauenfeld, Switzerland
joint signature of two
Registered since:
24.04.2015
Member with procuration Andreas
Azzato
Citizen: St. Gallen,
Switzerland
Residential address:
St. Gallen, Switzerland
joint power of attorney
of two
Registered since:
16.01.2012
Member with procuration Thomas
Blaser
Citizen: Langnau im
Emmental, Switzerland
Residential address:
Wittenbach, Switzerland
joint power of attorney
of two
Registered since:
16.01.2012
Member with procuration Tim
Eric Laisé
Citizen: Germany
Residential address:
Tübach, Switzerland
joint power of attorney
of two
Registered since:
17.01.2014
Member with procuration Uwe
Loyall
Citizen: Germany
Residential address:
8400 Winterthur/ZH, Switzerland
joint power of attorney
of two
Registered since:
10.01.2007
Member with procuration Francisco
Nebril
Citizen: Spain
Residential address:
St. Gallen, Switzerland
joint power of attorney
of two
Registered since:
16.01.2012
Member with procuration Reto
Steurer
Citizen: St. Antönien,
Switzerland
Residential address:
St. Gallen/SG, Switzerland
joint power of attorney
of two
Registered since:
12.01.2001
External
Positions
Title Name
Auditor von Gunten, Häseli &
Partner AG
Residential address:
St. Gallen, Switzerland
Id: CHE-107.901.169
Registered since:
04.05.1993
Executive
board
Title Name
Chief Executive Officer Adrian
Déteindre
Chief Financial Officer Bruno
Winterhalter
Chief Information Officer Reto
Steurer
Ultimate
Parent Company
Name: Metrohm Stiftung
City/Country: Herisau/AR,
Switzerland/CH
Owner/-s
No. of Owner/-s: 1
Owner: The company is domestic
owned.
Class: 100%
Type: direct, Group-Level 1
Name: Metrohm Stiftung
City/Country: Herisau/AR,
Switzerland/CH
Interest: 100,00% voting
right, 100,00% capital interest (since 1982)
Sisters
Name: Metrohm Canada Inc.
City/Country: Mississauga,
Canada/CA
Investments
Class: 100%
Name: Deutsche METROHM GmbH
City/Country: Filderstadt/Baden-Württemberg,
Germany/DE
Interest: 100,00% voting
right, 100,00% capital interest
Class: 100%
Name: Metrohm Applikon
City/Country: Schiedam,
Netherlands/NL
Interest: 100,00% voting
right, 100,00% capital interest
Class: 100%
Name: Metrohm Autolab B.V.
City/Country: Utrecht,
Netherlands/NL
Interest: 100,00% voting
right, 100,00% capital interest
Class: 100%
Name: Metrohm Česká
republika s.r.o.
City/Country: Praha, Czech/CZ
Interest: 100,00% voting
right, 100,00% capital interest
Class: 100%
Name: Metrohm Inula GmbH
City/Country: Wien, Austria/AT
Interest: 100,00% voting
right, 100,00% capital interest (since 03.07.2003)
Class: 100%
Name: Metrohm Schweiz AG
City/Country: Strengelbach/AG,
Switzerland/CH
Interest: 100,00% voting
right, 100,00% capital interest
Class: 100%
Name: Metrohm UK Limited
City/Country: Runcorn/Cheshire,
United Kingdom/GB
Interest: 100,00% voting
right, 100,00% capital interest (since 1994)
Class: 50-100%
Name: METROHM FRANCE
City/Country: Villebon sur
Yvette, France/FR
Interest: 99,00% voting
right, 99,00% capital interest
Class: 10-19%
Name: Huber+Suhner AG
City/Country: Herisau/AR,
Switzerland/CH
Interest: 10,62% voting
right, 10,62% capital interest (since 18.05.2000)
Class: unknown
Name: Metrohm Nordic AB
City/Country: Bromma, Sweden/SE
Financials
Balance sheet publication:
The subject company does not publish balance sheet or turnover figures.
Legal Actions
Control date Year No. Amount
CHF Status
02.10.2014 2014 0 Legal
actions
31.12.2013 2013 0 Legal
actions
31.12.2012 2012 0 Legal
actions
31.12.2011 2011 0 Legal
actions
31.12.2010 2010 0 Legal
actions
31.12.2009 2009 0 Legal
actions
31.12.2008 2008 0 Legal
actions
31.12.2007 2007 0 Legal
actions
31.12.2006 2006 0 Legal
actions
Official bankruptcy reports:
No bankruptcy publications available on the subject.
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.
Sanctions
List
The company is not listed in the WorldCompliance database.
Payment
experiences
Payment experiences from pre-legal collection cases:
No payment experiences from pre-legal collection cases are available.
Payment experiences from collection cases:
No payment experiences from legal collection cases are available.
Mode of payment / Business conduct:
There are no complaints about the mode of payment and the business
conduct.
Credit
Information
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 appears to be good.
Payment experiences: Payment
habits are considered good.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.63.55 |
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|
1 |
Rs.99.10 |
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Euro |
1 |
Rs.68.83 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
TPT |
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 |
|
|
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 |
-- |
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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.