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MIRA
INFORM REPORT
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Report No. : |
498853 |
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Report Date : |
27.03.2018 |
IDENTIFICATION DETAILS
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Name : |
HUBER+SUHNER AG |
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Registered Office : |
Degersheimerstrasse 14, 9100 Herisau/AR |
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Country : |
Switzerland |
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Financials (as on) : |
31.12.2017 |
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Date of Incorporation : |
1864 |
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Com. Reg. No.: |
300.3.010.076-6 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
The company develops and manufactures components and system solutions for electrical and optical connectivity. With cables, connectors and systems – developed from the three core technologies of radio frequency, fiber optics and low frequency – the company serves customers in the communication, transportation and industrial sectors. With a global production network and subsidiaries and partner agencies, the company is active in over 60 countries. |
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No. of Employees : |
4,000-5,999 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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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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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
SWITZERLAND - ECONOMIC OVERVIEW
Switzerland, a country that espouses neutrality, is a 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 gain access to the Union’s Single Market and enhance the country’s international competitiveness. Some trade protectionism remains, however, 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 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 to 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 economic instability in Russia and other eastern European economies drove up demand for the Swiss franc by investors seeking a safe-haven currency. In January 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 from 2011 through 2017.
In recent years, Switzerland has responded to increasing pressure from neighboring countries and trading partners to reform its banking secrecy laws, by agreeing 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.
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Source
: CIA |
Company name and address
Huber+Suhner AG
Operating address:
Degersheimerstrasse
14 Branch:
9100 Herisau/AR Tumbelenstrasse
20
Switzerland/CH Postfach
8330
Pfäffikon/ZH
Switzerland/CH
Telephone: +41
713534111 +41
449522211
Fax: +41
713534444 +41 449522424
Web
site: http://www.hubersuhner.com
E-mail: info@hubersuhner.com
WIN
Worldbox No.: CH0000024849
VAT-No.: CHE-105.815.317 MWST
UID-No.: CHE105815317
Profile
Established: 1864
History: 1864: Established from Gottlieb Suhner
Line
of Business: Electro technology,
Plastics, Financial services
Industry
Division: Manufacturing, Services
Industry-code (NACE): 2732 Manufacture of other electronic and
electric wires and cables
2221 Manufacture of plastic plates, sheets,
tubes and profiles
2223 Manufacture of builders' ware of plastic
6420 Activities of holding companies
Import/Export: Export
Export
sales: 91,9%
Quality
certification: ISO 9001:2008 (since
2006)
ISO
14001:2004 (since 2006)
Banks: UBS Ltd
CS Credit
Suisse
Organisation
level: Ultimate Parent
Quoted: Yes
Securities
Market: SWISS EXCHANGE (Main)
Market
Identifier Code: XSWX
ISIN: CH0030380734
NSIN: 3038073
Ticker: HUBN
First
trading day: 06.07.2007
Operational Figures
Coverage: Group
Employees: 4,000-5,999
Sales: CHF 600-800 Mio
Activity
The company develops and manufactures
components and system solutions for electrical and optical connectivity. With
cables, connectors and systems – developed from the three core technologies of
radio frequency, fiber optics and low frequency – the company serves customers
in the communication, transportation and industrial sectors. With a global
production network and subsidiaries and partner agencies, the company is active
in over 60 countries.
Operations and Branches:
At the address, Degersheimerstrasse 14, 9100
Herisau, Switzerland, we find office of the company.
Real Estate
Real
Estate: The company owns
extensive property.
Company Register
Company
No: 300.3.010.076-6
UID-No.: CHE105815317
Legal
form: Company limited by
shares
Registration: 15.08.1907
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Appenzell A. Rh.
History: Date of Statutes:
05.05.1969
Date of
Statutes: 20.05.1981
Date of
Statutes: 09.04.2014
Date of
Statutes: 21.04.2010
Date of
Statutes: 22.04.2009
Date of
Statutes: 18.04.2007
Date of
Statutes: 16.05.2001
Date of
Statutes: 27.05.1998
Date of
Statutes: 31.05.1995
Date of
Statutes: 30.05.1990
Date of
Statutes: 14.10.1985
Date of
Incorporation Statutes: 23.07.1907
Entry Deleted Name
01.06.1995 Huber+Suhner
AG
01.06.1995 Huber+Suhner
SA (Name translated)
01.06.1995 Huber+Suhner
Ltd (Name translated)
01.06.1995 Huber
& Suhner AG Kabel-, Kautschuk-, Kunststoffwerke
01.06.1995 Huber & Suhner Ltd. Manufacturers of
Cables, Rubbergoods and Plastics
01.06.1995 Huber & Suhner SA Manufactures de Câbles,
Articles en Caoutchouc et Matières Plastiques (Name translated)
Entry Deleted Legal domicile
active Herisau,
Switzerland
Entry Deleted Address
12.03.1998 Degersheimerstrasse
14, 9100 Herisau/AR, Switzerland/CH
12.03.1998 Degersheimerstrasse 16, 9100 Herisau/AR,
Switzerland/CH
Entry Deleted Capital
02.07.2007 Share
Capital CHF 5,050,000, paidup CHF 5,050,000
Entry Deleted Capital Structure
02.07.2007 20,200,000
Registered shares of CHF 0.25
Entry Deleted Remarks
10.11.2017 Merger:
On 10.11.2017 the company merged with Inwave Elektronik AG, based in Reute/AR
(CHE-452.160.073).
Entry Deleted Branches
active Tumbelenstrasse
20, 8330 Pfäffikon/ZH, Switzerland/CH
27.02.1998 , Herisau/AR, Switzerland/CH
Official Administration
Title Name
President Kaufmann,
Urs
Citizen:
Triengen, Switzerland
Residential
address: Jona (Rapperswil-Jona), Switzerland
Born:
1962
joint
signature of two
Vice-President Kälin, Dr. Beat
Citizen:
Einsiedeln, Switzerland
Residential
address: 8903 Birmensdorf/ZH, Switzerland
Born:
1957
joint
signature of two
Registered
since: 17.06.2009
Director Bütler,
Prof. Dr. Monika
Citizen:
Steinmaur, Auw, Switzerland
Residential
address: Zürich, Switzerland
Born:
1961
without
signature
Registered
since: 06.05.2014
Director Fässler,
Dr. Christoph Carl
Citizen:
Appenzell, Switzerland
Residential
address: Abtwil/SG, Switzerland
Born:
1952
without
signature
Registered
since: 27.05.2013
Director Müller,
George Henry
Citizen:
Winterthur, Switzerland
Residential
address: Zollikerberg/ZH, Switzerland
Born:
1951
without
signature
Director Seiffert,
Rolf
Citizen:
Riehen, Binningen, Switzerland
Residential
address: 5330 Bad Zurzach/AG, Switzerland
Born:
1958
without
signature
Registered
since: 15.06.2010
Director Walther,
Jörg
Citizen:
Oberentfelden, Switzerland
Residential
address: Aarau, Switzerland
without
signature
Registered
since: 01.06.2016
Management
Title Name
Member
with signing authority Alder, Urs
Citizen:
Teufen AR, Switzerland
Residential
address: Teufen/AR, Switzerland
Born:
1958
joint
signature of two
Member
with signing authority Bolt, Reto
Citizen:
Nesslau-Krummenau, Switzerland
Residential
address: Zuzwil/SG, Switzerland
Born:
1966
joint
signature of two
Registered
since: 14.08.2012
Member
with signing authority Dall'Oglio
Hirshbien, Cristina
Citizen:
Soregno, Switzerland
Residential
address: Eglisau, Switzerland
joint
signature of two
Registered
since: 11.08.2014
Member
with signing authority Gorecki,
Michael
Citizen:
Zürich, Switzerland
Residential
address: Fehraltorf, Switzerland
joint
signature of two
Registered
since: 22.06.2016
Member
with signing authority Kistler, Peter
Citizen:
Reichenburg, Switzerland
Residential
address: Eschlikon, Switzerland
joint
signature of two
Registered
since: 23.02.2017
Member
with signing authority Landolt,
Fridolin (Fritz)
Citizen:
Glarus Nord, Switzerland
Residential
address: Weesen, Switzerland
joint
signature of two
Registered
since: 23.02.2017
Member
with signing authority Lässer,
Cristina
Citizen:
Wiliberg, Switzerland
Residential
address: 8614 Sulzbach /ZH, Switzerland
joint
signature of two
Registered
since: 01.09.2010
Member
with signing authority Nixon, Drew
Citizen:
United States of America
Residential
address: Kilchberg/ZH, Switzerland
Born:
1965
joint
signature of two
Registered
since: 02.07.2015
Member
with signing authority Riederer,
Patrick
Citizen:
Bad Ragaz, Switzerland
Residential
address: Jona (Rapperswil-Jona), Switzerland
Born:
1965
joint
signature of two
Member
with signing authority Ryffel, Urs
Citizen:
Stäfa, Switzerland
Residential
address: Stäfa, Switzerland
Born:
1967
joint
signature of two
Registered
since: 21.04.2008
Member
with signing authority Schaumann,
Ulrich Walter
Citizen:
Zürich, Switzerland
Residential
address: Gutenswil (Volketswil), Switzerland
joint
signature of two
Registered
since: 02.07.2015
Member
with signing authority Schneider,
Andreas Peter
Citizen:
Brügg, Switzerland
Residential
address: Arbon, Switzerland
joint
signature of two
Registered
since: 16.02.2011
Member
with signing authority Stolz,
Patricia
Citizen:
Kirchberg SG, Switzerland
Residential
address: Goldach/SG, Switzerland
Born:
1969
joint
signature of two
Registered
since: 02.07.2015
Member
with signing authority Strasser,
Martin
Citizen:
Austria
Residential
address: Herisau, Switzerland
joint
signature of two
Registered
since: 23.02.2017
Member
with signing authority Wechsler, Ivo
Citizen:
Wil (SG), Switzerland
Residential
address: 8332 Russikon/ZH, Switzerland
Born:
1969
joint
signature of two
Registered
since: 09.04.2010
External Positions
Title Name
Auditor PricewaterhouseCoopers
AG,
Residential
address: Zürich, Switzerland
Id:
CHE-106.839.438
Executive board
Title Name
Chief
Executive Officer Kaufmann,
Urs
Chief
Financial Officer Wechsler,
Ivo (ivo.wechsler@hubersuhner.com)
Chief
Human Resources Officer Stolz, Patricia
Chief
Information Officer, Chief Business Segment Officer Schaumann, Ulrich
Chief
Business Segment Officer Bolt, Reto
Chief
Business Segment Officer Nixon, Drew
Chief
Business Segment Officer Riederer,
Patrick
Chief
Business Segment Officer Ryffel, Urs
Direct owner/-s
No.
of owner/-s: 3,689
Owner: The company is owned by
various parties.
Class: 10-19%, directly held
Name: Henry C.M. Bodmer
City/Country: In den Eichächeren, 8125
Zollikerberg/ZH, Switzerland/CH
Interest: 11,88% voting right,
11,88% capital interest (since 24.07.2000)
Class: 10-19%, directly held
Name: Metrohm AG
City/Country: Herisau/AR, Switzerland/CH
Interest: 10,62% voting right,
10,62% capital interest (since 18.05.2000)
Class: 0-9%,
directly held
Name: Huwa
Finanz- und Beteiligungs AG
City/Country: Heerbrugg/SG, Switzerland/CH
No.
of shares: 640,000
Interest: 3,17% voting right,
3,17% capital interest (since 16.12.2010)
Class: 0-9%, directly held
Name: Silvia Hoffmann-Suhner
City/Country: 8610 Uster/ZH, Switzerland/CH
Interest: 6,18% voting right,
6,18% capital interest (since 24.07.2000)
Class: 0-9%, directly held
Name: EGS Beteiligungen AG
City/Country: Zürich/ZH, Switzerland/CH
Interest: 3,33% voting right,
3,33% capital interest (since 04.06.2012)
Class: 0-9%, directly held
Name: George Henry Müller
City/Country: Zollikerberg (Zollikon)/ZH,
Switzerland/CH
No.
of shares: 74,640
Interest: 0,38% voting right,
0,38% capital interest
Class: 0-9%, directly held
Name: Urs Kaufmann
City/Country: Jona (Rapperswil-Jona)/SG,
Switzerland/CH
No.
of shares: 60,800
Interest: 0,31% voting right,
0,31% capital interest
Class: 0-9%, directly held
Name: Dr. Peter Altorfer
City/Country: Küsnacht/ZH, Switzerland/CH
No.
of shares: 21,440
Interest: 0,11% voting right,
0,11% capital interest
Class: 0-9%, directly held
Name: Urs Alder
City/Country: Teufen/AR, Switzerland/CH
No.
of shares: 18,000
Interest: 0,09% voting right,
0,09% capital interest
Class: 0-9%, directly held
Name: Paul Harris
City/Country: Egg bei Zürich (Egg)/ZH,
Switzerland/CH
No.
of shares: 13,380
Interest: 0,07% voting right,
0,07% capital interest
Class: 0-9%, directly held
Name: Urs Ryffel
City/Country: Stäfa, Switzerland/CH
No.
of shares: 14,200
Interest: 0,07% voting right,
0,07% capital interest
Class: 0-9%, directly held
Name: Patrick Riederer
City/Country: Jona (Rapperswil-Jona)/SG, Switzerland/CH
No.
of shares: 11,100
Interest: 0,05% voting right,
0,05% capital interest
Class: 0-9%, directly held
Name: Ivo Wechsler
City/Country: Russikon, Switzerland/CH
No.
of shares: 8,200
Interest: 0,04% voting right,
0,04% capital interest
Class: 0-9%, directly held
Name: Dr. Beat Kälin
City/Country: Birmensdorf/ZH, Switzerland/CH
No.
of shares: 6,000
Interest: 0,03% voting right,
0,03% capital interest
Class: 0-9%, directly held
Name: Reto Bolt
City/Country: Zuzwil/SG, Switzerland/CH
No.
of shares: 3,070
Interest: 0,02% voting right,
0,02% capital interest
Class: 0-9%, directly held
Name: Rolf Seiffert
City/Country: Bad Zurzach, Switzerland/CH
No.
of shares: 5,033
Interest: 0,02% voting right,
0,02% capital interest
Class: 0-9%, directly held
Name: Dr. Christoph Carl
Fässler
City/Country: Abtwil (Gaiserwald)/SG,
Switzerland/CH
No.
of shares: 1,700
Interest: 0,01% voting right,
0,01% capital interest (since 27.05.2013)
Investments
Class: 100%, directly held
Name: Huber + Suhner AB
City/Country: Stockholm, Sweden/SE
Interest: 100,00% voting right,
100,00% capital interest (since 1998)
Class: 100%, indirectly held
Name: Huber + Suhner
Astrolab Costa Rica srl
City/Country: San José, Costa Rica/CR
Interest: 100,00% voting right,
100,00% capital interest (since 28.12.2012)
Class: 100%, indirectly held
Name: Huber + Suhner
Astrolab Inc
City/Country: Delaware/Delaware, United States
of America/US
Interest: 100,00% voting right,
100,00% capital interest (since 28.12.2012)
Class: 100%, indirectly held
Name: Huber + Suhner
(Australia) Pty Ltd
City/Country: French Forest/New South Wales,
Australia/AU
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%, indirectly held
Name: Huber + Suhner BV
City/Country: Rosmalen, Netherlands/NL
Interest: 100,00% voting right,
100,00% capital interest (since 2004)
Class: 100%, indirectly held
Name: Huber + Suhner Cable
& Connector Manufacture (Changzhou) Co Ltd
City/Country: Changzhou, China/CN
Interest: 100,00% voting right,
100,00% capital interest (since 20.10.2011)
Class: 100%, indirectly held
Name: Huber + Suhner
(Canada) Ltd
City/Country: Repentigny/Quebec, Canada/CA
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%, indirectly held
Name: Huber + Suhner
Electrical Equipment Manufacture (Shanghai) Co Ltd
City/Country: Shanghai, China/CN
Interest: 100,00% voting right,
100,00% capital interest (since 04.03.2010)
Class: 100%, indirectly held
Name: Huber + Suhner GmbH
City/Country: Taufkirchen, Germany/DE
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%, indirectly held
Name: HUBER & SUHNER
(HONG KONG) LIMITED
City/Country: Shatin/New Territories, Hong
Kong/HK
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%, indirectly held
Name: Huber + Suhner Inc
City/Country: Delaware/Delaware, United States
of America/US
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%, indirectly held
Name: HUBER + SUHNER
(MALAYSIA) SDN BHD
City/Country: KUALA LUMPUR, Malaysia/MY
Interest: 100,00% voting right,
100,00% capital interest (since 1998)
Class: 100%, indirectly held
Name: Huber + Suhner (North
America) Corporation
City/Country: Charlotte/North Carolina, United
States of America/US
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%, indirectly held
Name: Huber + Suhner
(Shanghai) Company Ltd
City/Country: Shanghai, China/CN
Interest: 100,00% voting right,
100,00% capital interest (since 1999)
Class: 100%, indirectly held
Name: Huber + Suhner
(Singapore) Pte Ltd
City/Country: Singapore, Singapore/SG
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%, indirectly held
Name: HUBER + SUHNER SP. Z
O.O.
City/Country: TCZEW, Poland/PL
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%, indirectly held
Name: Huber + Suhner
Transmission & Communication Manufacture (Shanghai) Co Ltd
City/Country: Shanghai, China/CN
Interest: 100,00% voting right,
100,00% capital interest (since 2000)
Class: 100%, indirectly held
Name: Huber + Suhner
(Tunisie) Sarl
City/Country: Sousse, Tunisia/TN
Interest: 100,00% voting right,
100,00% capital interest (since 12.12.2010)
Class: 100%, indirectly held
Name: Huber + Suhner (UK)
Limited
City/Country: Bicester/Oxfordshire, United
Kingdom/GB
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%, indirectly held
Name: HUBER+SUHNER AMERICA
LATINA LTDA.
City/Country: Caçapava, Brazil/BR
Interest: 100,00% voting right,
100,00% capital interest (since 1999)
Class: 100%, directly held
Name: Huber+Suhner A/S
City/Country: Værløse, Denmark/DK
Interest: 100,00% voting right,
100,00% capital interest (since 2001)
Class: 100%, indirectly held
Name: HUBER+SUHNER Cube
Optics AG
City/Country: Mainz, Germany/DE
Interest: 100,00% voting right,
100,00% capital interest (since 31.10.2014)
Class: 100%, indirectly held
Name: HUBER+SUHNER
ELECTRONICS PRIVATE LIMITED
City/Country: Gurgaon/Haryana, India/IN
Interest: 100,00% voting right,
100,00% capital interest (since 2004)
Class: 100%, indirectly held
Name: HUBER+SUHNER Finance
AG
City/Country: Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest (since 1993)
Class: 100%, indirectly held
Name: HUBER+SUHNER POLATIS
PHOTONICS, INC.
City/Country: Delaware, United States of
America/US
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%, indirectly held
Name: SOCIETE HUBER ET
SUHNER FRANCE
City/Country: Voisins-le-Bretonneux, France/FR
Interest: 100,00% voting right,
100,00% capital interest
Financial
Financial Data Huber+Suhner AG
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2017 31.12.2016 31.12.2015 31.12.2014 31.12.2013
Number of months: 12 12 12 12 12
Currency: th.
CHF th. CHF th. CHF th. CHF th.
CHF
Statement norm: IAS IAS IAS IAS IAS
Balance Sheet
Intangible fixed
assets 23,352.0 23,580.0 98,528.0 107,519.0 63,392.0
Land and buildings 96,004.0 84,918.0 82,767.0 86,560.0 72,409.0
Other tangible
fixed assets 100,572.0 104,517.0 104,460.0 112,443.0 108,211.0
Tangible fixed
assets 196,576.0 189,435.0 187,227.0 199,003.0 180,620.0
Financial fixed
assets 19,933.0 19,126.0 36,264.0 48,373.0 51,933.0
other fixed assets 12,542.0 13,390.0 14,981.0 15,712.0 13,188.0
Fixed assets 252,403.0 245,531.0 337,000.0 370,607.0 309,133.0
Stocks 164,966.0 142,465.0 133,142.0 166,824.0 147,427.0
Trade accounts
receivable 146,942.0 132,631.0 121,945.0 131,299.0 103,323.0
Cash & Cash
Equivalents 152,605.0 157,512.0 159,989.0 133,286.0 144,789.0
Securities 0.0 10,000.0 25,000.0
other trade
accounts 33,485.0 24,084.0 25,272.0 23,673.0 20,004.0
Accruals 1,701.0 1,091.0 912.0 1,306.0 1,014.0
Other current
assets 187,791.0 182,687.0 186,173.0 168,265.0 190,807.0
Current assets 499,699.0 457,783.0 441,260.0 466,388.0 441,557.0
Total assets 752,102.0 703,314.0 778,260.0 836,995.0 750,690.0
Capital 5,050.0 5,050.0 4,864.0 4,861.0 4,865.0
Other shareholders
funds 588,409.0 568,277.0 644,768.0 668,762.0 617,945.0
Total shareholders
equity 593,459.0 573,327.0 649,632.0 673,623.0 622,810.0
Minority interests 0.0 0.0 0.0
long term debt
(financial debts) 0.0 0.0 0.0
Provisions 9,904.0 9,215.0 10,975.0 10,507.0 9,942.0
Other non current
liabilities 26,805.0 26,025.0 31,905.0 35,489.0 31,750.0
Non current
liabilities 36,709.0 35,240.0 42,880.0 45,996.0 41,692.0
short term debt
(financial debts) 0.0 0.0 0.0
Trade accounts
payable 46,202.0 31,585.0 28,064.0 46,854.0 23,926.0
Provisions 10,495.0 10,694.0 10,479.0 9,665.0 10,473.0
Accruals 11,395.0 11,100.0 28,569.0 12,947.0 10,724.0
other accounts
payable 53,842.0 41,368.0 18,636.0 47,910.0 41,065.0
other current
liabilities 75,732.0 63,162.0 57,684.0 70,522.0 62,262.0
Current
liabilities 121,934.0 94,747.0 85,748.0 117,376.0 86,188.0
Shareh. equity,
min. int. & liabilities 752,102.0 703,314.0 778,260.0 836,995.0 750,690.0
Profit and loss account
Net sales 774,037.0 737,162.0 706,349.0 748,503.0 719,713.0
Other operating
revenue 6,812.0 3,705.0 1,598.0 5,915.0 2,358.0
Operating revenue 780,849.0 740,867.0 707,947.0 754,418.0 722,071.0
Cost of goods sold 507,352.0 466,946.0 462,293.0 480,778.0 473,128.0
Gross profit 273,497.0 273,921.0 245,654.0 273,640.0 248,943.0
Other operating
expenses 215,374.0 204,198.0 193,339.0 204,638.0 197,321.0
Operating result 58,123.0 69,723.0 52,315.0 69,002.0 51,622.0
Interest revenues 1,071.0 1,045.0 413.0 456.0 380.0
other financial
revenues 3,794.0 4,109.0 1,064.0 11,466.0 1,699.0
Financial income 4,865.0 5,154.0 1,477.0 11,922.0 2,079.0
Interest expenses 74.0 248.0 76.0 118.0 36.0
other financial
expenses 5,480.0 1,947.0 16,849.0 6,987.0 5,671.0
Financial expenses 5,554.0 2,195.0 16,925.0 7,105.0 5,707.0
Financial result -689.0 2,959.0 -15,448.0 4,817.0 -3,628.0
Result before
extraordinary items 57,434.0 72,682.0 36,867.0 73,819.0 47,994.0
Result before
taxes 57,434.0 72,682.0 36,867.0 73,819.0 47,994.0
Taxes 15,288.0 19,488.0 12,158.0 14,590.0 15,480.0
Result before
minority interests 42,146.0 53,194.0 24,709.0 59,229.0 32,514.0
minority interests 0.0 0.0 0.0
Result for the
financial year 42,146.0 53,194.0 24,709.0 59,229.0 32,514.0
Cash flow
Depreciation 32,378.0 26,112.0 25,697.0 25,294.0 26,227.0
Cash flow 74,524.0 49,713.0 50,406.0 84,523.0 58,741.0
Cash flow from
operating activities 52,939.0 76,907.0 69,661.0 77,994.0 115,911.0
Investments in
tangible fixed assets 32,833.0 29,020.0 18,883.0 39,649.0 23,393.0
Cash flow from
investing activities -32,973.0 -54,804.0 -12,926.0 -74,927.0 -44,532.0
Cash flow from
financing activities -25,655.0 -24,381.0 -28,136.0 -16,985.0 -10,246.0
Others 782.0 -199.0 -1,896.0 2,415.0 -745.0
Change in
liquidity -4,907.0 -2,477.0 26,703.0 -11,503.0 60,388.0
Liquidity at
beginning of the year 157,512.0 159,989.0 133,286.0 144,789.0 84,401.0
Liquidity at end
of the year 152,605.0 157,512.0 159,989.0 133,286.0 144,789.0
Notes
Material costs 507,352.0 466,946.0 462,293.0 480,778.0 473,128.0
Cost of employees 257,144.0 239,143.0 225,375.0 238,054.0 226,642.0
Research and
Development 34,212.0 30,294.0 29,409.0 28,137.0 27,144.0
Orders received 239,900.0 226,400.0 201,200.0 768,100.0 683,400.0
Added value 347,030.0 338,185.0 288,015.0 73,819.0 300,899.0
Working Capital 265,706.0 243,511.0 227,023.0 298,123.0 226,824.0
Net Current Assets 377,765.0 363,036.0 355,512.0 349,012.0 355,369.0
Sales per Employee 184.3 182.9 193.6 192.4 205.5
Market
capitalisation 989,500.0 1,099,000.0 901,600.0 921,600.0 912,700.0
Gross cost land
and buildings 204,406.0 187,614.0 185,593.0 188,877.0 173,426.0
Gross cost other
tangible fixed assets 409,151.0 400,391.0 384,358.0 428,158.0 416,283.0
Gross cost total 613,557.0 588,011.0 569,951.0 617,035.0 589,709.0
Insurance value
total 788,300.0 766,700.0
Employees at year end 4,200 4,031 3,649 3,891 3,503
Employees average 4,198 3,866 3,584 3,789 3,739
Employees inland 1,250 1,271 1,367 1,378
Employees abroad 2,781 2,378 2,524 2,125
Legal Actions
Control date Year No. Amount CHF Status
20.05.2015 2015 0 Legal
actions
31.12.2014 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
31.12.2005 2005 0 Legal
actions
31.12.2004 2004 0 Legal
actions
01.07.2002 2002 0 Legal
actions
31.12.2001 2001 0 Legal
actions
31.12.2000 2000 0 Legal
actions
No legal actions determined.
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
We did not find the company included on the
various international sanctions lists, such as the OFAC (Office of Foreign
Assets Control), the BIS (Bureau of Industry and Security), the European Union
Restrictive measures (sanctions) list, the Export Control Organisation (ECO) of
the UK, the Australian Department of Foreign Affairs and Trade.
Payment experiences
Payment experiences are considered to be in
order.
Credit Information
Financial
Situation: The financial situation
is considered to be very good.
Payment
experiences: Regular
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.91 |
|
|
1 |
INR 91.87 |
|
Euro |
1 |
INR 80.26 |
|
CHF |
1 |
INR 68.58 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
|
|
|
|
Report Prepared
by : |
KET |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.