|
Report No. : |
328916 |
|
Report Date : |
25.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
THERMO FISHER SCIENTIFIC WISSENSCHAFTLICHE
GERÄTE GMBH |
|
|
|
|
Formerly Known As : |
Thermo Electron Austria
wissenschaftliche Geräte GmbH |
|
|
|
|
Registered Office : |
Wehlistraße 27b, A-1200 Wien |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
04.03.1976 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
· Wholesaler of Orthopaedic Appliances and Medical as well as Surgical Equipment · Engaged in dealer of Laboratory Equipment Subject operates through following divisions:- · Thermo Scientific · Life Technologies · Fisher Scientific · Unity Lab Services |
|
|
|
|
No of Employees : |
60 (2014) |
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 : |
Slow but Correct |
|
|
|
|
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Austria |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Austria - ECONOMIC OVERVIEW
Austria, with its
well-developed market economy, skilled labor force, and high standard of
living, is closely tied to other EU economies, especially Germany's. Its
economy features a large service sector, a sound industrial sector, and a
small, but highly developed agricultural sector. Following several years of
solid foreign demand for Austrian exports and record employment growth, the
international financial crisis of 2008 and subsequent global economic downturn
led to a sharp but brief recession. Austrian GDP contracted 3.8% in 2009 but
saw positive growth of about 2% in 2010 and 2.7% in 2011. Growth fell to 0.6%
in 2012. Unemployment did not rise as steeply in Austria as elsewhere in
Europe, partly because the government subsidized reduced working hour schemes
to allow companies to retain employees. The 2012 unemployment rate of 4.3% was
the lowest within the EU. Stabilization measures, stimulus spending, and an
income tax reform pushed the budget deficit to 4.5% in 2010 and 2.6% in 2011,
from only about 0.9% in 2008. The international financial crisis of 2008 caused
difficulties for Austria's largest banks whose extensive operations in central,
eastern, and southeastern Europe faced large losses. The government provided
bank support - including in some instances, nationalization - to support
aggregate demand and stabilize the banking system. Austria's fiscal position
compares favorably with other euro-zone countries, but it faces external risks,
such as Austrian banks' continued exposure to Central and Eastern Europe as
well as political and economic uncertainties caused by the European sovereign
debt crisis. In 2011 the government attempted to pass a constitutional
amendment limiting public debt to 60% of GDP by 2020, but it was unable to
obtain sufficient support in parliament and instead passed the measure as a
simple law. In March 2012, the Austrian parliament approved an austerity
package consisting of a mix of expenditure cuts and new revenues that will
bring public finances into balance by 2016. In 2012, the budget deficit rose to
3.1% of GDP.
|
Source
: CIA |
|
Company name: |
Thermo Fisher Scientific
wissenschaftliche Geräte GmbH |
|
Status: |
active company |
|
Locations: |
Wehlistraße 27b, A-1200 Wien |
|
Phone: |
0043 (1) 3335034 |
|
Fax: |
0043 (1) 3335034 - 26 |
|
E-mail: |
|
|
Internet: |
|
|
Activities: |
Önace 46690 50% Wholesale of other machinery and equipment |
|
|
Önace 46462 50% Wholesale of orthopaedic appliances and
medical as well as surgical equipment Engaged in dealer of Laboratory Equipment |
|
|
|
|
General Assessment: |
|
|
Probability of Default (Basel II): |
|
|
comparison: |
The Rating of this company is better than industry
average. |
|
Recommendation: |
In respect to solvency reasons, there is nothing to say against
an establishment of a business relationship. |
|
|
|
|
Detail Assessment: |
Merchandise is mainly imported. Domestic obligations and
invoices of forwarders are settled within net agreements. |
|
|
Company's solvency is sufficient. Earnings potential is
unsatisfactory. |
|
Year of incorporation: |
1976 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Wholesale and retail trade; repair of motor vehicles |
|
||||
|
Legal form: |
limited liability company since 1976-02-19 |
|
||||
|
companies' house number: |
FN 113072 h Wien 1976-03-04 |
|
||||
|
VAT number: |
ATU 14187306 |
|
||||
|
number - Austrian National Bank: |
435759 |
|
||||
|
|
|
|||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
China |
|
2014 |
|
||
|
Import |
Switzerland |
|
2014 |
|
||
|
Import |
Great Britain and Northern Ireland / United Kingdom |
|
2014 |
|
||
|
Import |
USA |
|
2014 |
|
||
|
Export |
Country |
|
|
|
|
Export |
India |
|
2014 |
|
|
Export |
Russian Federation |
|
2014 |
|
|
Export |
Eastern Europe |
|
2014 |
|
|
Export |
European Union |
|
2014 |
|
|
total turnover (total sales) |
2013 |
EUR 86.193.218,10 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR 79.077.719,52 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 67.971.111,41 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 61.710.455,44 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 42.839.884,22 |
(exact) |
|
total employees |
2014 |
60 |
(exact) |
|
white collar workers |
2014 |
55 |
(exact) |
|
part-time employees |
2014 |
5 |
(exact) |
|
total company vehicles |
2014 |
40 |
(exact) |
|
estate cars |
2014 |
40 |
(exact) |
|
firm
(style): |
|
34
Thermo Fisher Scientific |
|
legal
form: |
|
1
Gesellschaft mit beschränkter Haftung |
|
registered
office: |
|
1
politischer Gemeinde Wien |
|
business
adress: |
|
10
Wehlistraße 27b |
|
capital: |
|
16
EUR 220.000 |
|
reference
date annual accounts: |
|
1
31. Dezember |
|
annual
accounts: |
|
45
zum 31.12.2013 eingereicht am 30.09.2014 |
|
power
of representation: |
|
1
Die Generalversammlung bestimmt, wenn mehrere Geschäfts- |
|
proxy: |
|
H
Dr Heinz Steidl, geb. 19.11.1954 |
|
managing
director: |
|
B
Charly Marty, geb. 20.06.1941 |
|
shareholder: |
|
S
Thermo Fisher Scientific (Schweiz) AG |
|
general
table: |
|
Handelsgericht Wien |
|
Real
estate text: |
|
No real estate property registered |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as
registered in the companies' house) |
|
Horst Maglia |
1968-08-22 |
1180 Wien Severin Schreibergasse 29-33 |
manager |
2 |
|
Charly Marty |
1941-06-20 |
1270 Terlex Ch. du Treizou 17 |
manager |
2 |
|
Brigitte Schmidt |
1976-12-31 |
2123 Unterolberndorf Äußere Wiesen 2 |
individual signing clerk |
0 |
|
Günther Sladek |
1964-07-15 |
2601 Sollenau Forellengasse 9 |
individual signing clerk |
0 |
|
Dr. Heinz Steidl |
1954-11-19 |
1190 Wien Eichelhofstraße 1 |
individual signing clerk |
2 |
|
LL.B. MBA. Raja Aurangzeb |
1979-09-02 |
1020 Wien Vorgartenstraße 129-143 |
joint signing clerk |
0 |
|
MMag. Robert Galvan |
1979-10-25 |
1140 Wien Mauerbachstraße 48 |
joint signing clerk |
0 |
|
Markus Neustifter |
1970-02-23 |
1070 Wien Neustiftgasse 80 |
joint signing clerk |
0 |
|
Ing. Klaudia Tlachac |
1969-01-19 |
3424 Zeiselmauer Brunhildengasse 32 |
joint signing clerk |
0 |
· Wholesaler of Orthopaedic Appliances and Medical as well as Surgical Equipment
· Engaged in dealer of Laboratory Equipment
Subject
operates through following divisions:-
· Thermo Scientific
· Life Technologies
· Fisher Scientific
· Unity Lab Services
(absolute) all amounts in
EUR
|
|
2013-12-31 |
|
Other intangible assets |
348.324,33 |
|
Goodwill |
2.613.796,52 |
|
Sum intangible assets |
2.962.120,85 |
|
Other operating and business equipment |
114.712,78 |
|
Sum tangible assets |
114.712,78 |
|
Sum fixed assets |
3.076.833,63 |
|
Finished products |
1.770.100,88 |
|
Sum stock |
1.770.100,88 |
|
Claims from delivered goods and performed services |
22.114.315,01 |
|
Claims against related firmes Claims against companies with
shareholding relationship |
257.296,67 |
|
Other claims and assets |
2.005.582,29 |
|
Sum claims |
24.377.193,97 |
|
Cash on hand, cheques and bank deposits |
13.554.626,77 |
|
Sum cash and bank |
13.554.626,77 |
|
Sum current assets |
39.701.921,62 |
|
Deferred charges |
167.347,01 |
|
Sum deferred charges |
167.347,01 |
|
Assets |
42.946.102,26 |
|
Subscribed/declared capital |
220.000,00 |
|
Capital reserves |
1.146.707,45 |
|
Legal reserves |
22.000,00 |
|
Other reserves |
35.849,02 |
|
Balance sheet profit/balance sheet loss |
14.135.729,65 |
|
Thereof profit/loss carried forward |
16.102.925,03 |
|
Sum equity capital |
15.560.286,12 |
|
Reserves for severance pays |
831.499,53 |
|
Other reserves |
2.989.465,89 |
|
Sum reserves |
3.820.965,42 |
|
Received advanced payments for orders |
1.620.660,26 |
|
Liabilities from delivered goods and performed services |
390.648,09 |
|
Liabilities against related firms |
18.952.334,25 |
|
Other liabilities |
1.111.958,40 |
|
Sum liabilities |
22.075.601,00 |
|
Deferred income |
1.489.249,92 |
|
Sum deferred income |
1.489.249,92 |
|
Liabilities |
42.946.102,46 |
|
Balance sheet sum |
42.946.102,26 |
(absolute) all amounts in EUR
|
|
2013-12-31 |
|
Gross sales |
86.193.218,10 |
|
Total turnover or gross profit |
86.193.218,10 |
|
Other operating profits |
65.904,47 |
|
Other operating profits totally |
65.904,47 |
|
Costs for obtained services |
-2.038.719,83 |
|
Material costs |
-70.040.779,70 |
|
Costs for obtained services totally |
-72.079.499,53 |
|
Salaries |
-4.470.110,23 |
|
Costs for severance pays |
-158.903,80 |
|
Legal fringe benefits and other payments depending on
salaries |
-1.016.680,14 |
|
Other social fringe benefits |
-36.200,50 |
|
Personnel expenses totally |
-5.681.894,67 |
|
Depreciation of intangible assets, tangible
assets,activated expenses for the set up and expansion of business
operation |
-1.927.884,82 |
|
Depreciation tangible assets / intangible assets
totally |
-1.927.884,82 |
|
Other operating costs |
-8.536.555,60 |
|
Total costs |
-8.536.555,60 |
|
Operating result totally |
-1.966.712,05 |
|
Interest income, securties income and similar income |
1.351,78 |
|
Interest and similar disbursements |
-85,11 |
|
Financial profits totally |
1.266,67 |
|
Results from usual business activity
totally |
-1.965.445,38 |
|
Taxes on income and profits |
-1.750,00 |
|
Taxes on income and profits totally |
-1.750,00 |
|
Annual surplus/annual deficit
totally |
-1.967.195,38 |
|
Annual profit/annual loss
totally |
-1.967.195,38 |
|
Profit and loss carried forward from previous year |
16.102.925,03 |
|
Transfer of profits totally |
16.102.925,03 |
|
B/S profit/ B/S loss from profit and
loss account |
14.135.729,65 |
|
|
2013 |
|
Cash flow II |
-39.310,56 |
|
Bank indebtedness |
0,00 |
|
Equity capital share |
37,65 |
|
Social capital share |
1,93 |
|
Fixed assets coverage |
532,74 |
|
Net profit ratio |
-2,28 |
|
Capital turnover |
2,00 |
|
Return on investment |
-4,57 |
|
Cash flow in % of operating performance |
-0,04 |
|
Cash flow I |
-37.560,56 |
|
Gross productivity |
15,16 |
|
Net productivity |
2,48 |
|
Operating performance |
86.193.218,10 |
|
Inventories in % of operating performance |
2,05 |
|
Gross profit |
14.113.718,57 |
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Wehlistraße 27b, A-1200 Wien |
registered office |
|
|
|
|
|
operational |
Wehlistraße 27b, A-1200 Wien |
registered headquarters, rented premises |
|
|
|
info.austria@thermofisher.com |
|
former |
Schottenfeldgasse 79, A-1072 Wien |
registered office |
|
|
|
|
|
former |
Schottenfeldgasse 79, A-1072 Wien |
registered headquarters |
|
|
|
|
|
former |
Rudolfinergasse 2, A-1190 Wien |
branch office |
|
Company name |
Postal code |
Stake in % |
Companies House |
|
|
Shares in this company are
held by: |
||||
|
Thermo Fisher Scientific (Schweiz) AG |
Neuhofstraße 11, CH-4153 Reinach |
100 % 2008-10-15 |
CH-270.3.012.954-8 |
|
|
|
||||
|
Affiliated companies and
further participations: |
||||
|
Robocon Labor- und Industrieroboter Gesellschaft m.b.H. in
Liqu. |
Wehlistraße 27 b, A-1200 Wien |
|
|
FN 110591 i |
|
Dionex Austria GmbH |
Wehlistraße 27B, A-1200 Wien |
|
|
FN 152919 g |
|
Fisher Scientific (Austria) GmbH |
Wehlistraße 27b, A-1200 Wien |
|
|
FN 273990 b |
|
Banker |
Bank sort code |
Type of banking connection |
|
UniCredit Bank Austria AG, 1011 Wien |
12000 |
main bank connection |
|
Year of incorporation: |
1976 |
|
Date of registration: |
1976-03-04 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
|
2002-09-11 |
Thermo Optek wissenschaftliche Geräte GmbH |
|
2002-09-11 |
2008-10-30 |
Thermo Electron Austria wissenschaftliche Geräte
GmbH |
|
2008-10-30 |
|
Thermo Fisher Scientific wissenschaftliche Geräte
GmbH |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2002-09-11 |
ATS 3.000.000,00 |
|
2002-09-11 |
|
EUR 220.000,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
1995-10-18 |
2008-09-11 |
manager |
Dr. Heinz Steidl |
|
2002-12-12 |
2005-11-23 |
individual signing clerk |
Hermann Katzlinger |
|
2002-12-12 |
2007-03-21 |
individual signing clerk |
Nina Hanjes |
|
2007-03-21 |
2008-03-08 |
individual signing clerk |
Andrea Kleinhagauer |
|
1996-12-14 |
2008-09-11 |
individual signing clerk |
Ing. Peter Bellant |
|
2008-03-08 |
2008-09-11 |
individual signing clerk |
Nina Hanjes |
|
2008-06-18 |
2008-09-11 |
individual signing clerk |
Horst Maglia |
|
2007-03-21 |
2011-03-09 |
individual signing clerk |
Günter Wagner |
|
|
1996-12-14 |
joint signing clerk |
Hermann Katzlinger |
|
|
1996-12-14 |
joint signing clerk |
Gerold Stattin |
|
|
1996-12-14 |
joint signing clerk |
Ing. Peter Tymciw |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
1994-08-13 |
2008-10-11 |
partner |
Thermo Fisher Scientific (Eucublens) Ecublens, Schweiz
SARL |
|
2008-10-11 |
2008-10-15 |
partner |
Swiss Analytic Group AG |
|
Mergers: |
||
|
Date |
Function |
Name |
|
2008-10-31 |
merged with |
Spectronex GmbH |
|
2002-09-13 |
merged with |
ThermoQuest wissenschaftliche Geräte GmbH |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.66 |
|
|
1 |
Rs.100.50 |
|
Euro |
1 |
Rs.71.31 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIT |
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.