Karatbars International GmbH trades in precious metals and sells merchandising products, services, distribution, marketing and worldwide training, further education and seminars related to precious metals. For this purpose the company operates a multi-level marketing system (MLM) and, mainly in third countries, has a network of 700,000 so-called affiliates (sales agents) who distribute various products. As of the balance sheet date the company meets the size criteria of a medium-sized corporation under § 267 (2) HGB and employed on average 30 employees in the 2020 financial year. The sole authorized managing director has been Harald Seiz since 08.02.2013; the business operation was sold by sales contract on 31.12.2020 and the valuation was carried out on the assumption of liquidation because operational activity was discontinued.
a) Handel mit Edelmetallen; b) Verkauf von Merchandising Produkten, Dienstleistungen, Vertrieb, Marketing, weltweite Schulungen/Fortbildungen und Seminare betreffend Edelmetalle
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) Stuttgart Local Court, HRB 739615 (as of 12 June 2026)
| Name | Type | City |
|---|---|---|
| Ilham Özbakir | Geschäftsführer(in) | Gerlingen |
Source: German Commercial Register (Handelsregister) Stuttgart Local Court, HRB 739615 (as of 12 June 2026)
| Date | Event Type | Event |
|---|---|---|
| 01.10.2014 | Registered Seat Change | Neue |
| 01.10.2014 | Business Address Change | Vaihinger Straße 149 A, 70567 Stuttgart |
| 20.01.2012 | Business Address Change | Königstraße 52, 70173 Stuttgart |
| Date | Type | Change | Total Capital |
|---|---|---|---|
| 14.12.2011 | Share Capital Set | — | 25.000 € |
Source: German Commercial Register (Handelsregister) Stuttgart Local Court, HRB 739615 (as of 12 June 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2020 | €30,055,402 | €191,833 | €8,723,084 | — |
| 2019 | €22,511,665 | €683,280 | €55,544,193 | — |
| 2018 | €66,833,687 | €4,028,146 | €30,929,506 | — |
| 2017 | €14,681,240 | -€1,521,048 | €13,753,413 | — |
| 2016 | €29,088,714 | -€4,028,072 | €13,324,628 | — |
| 2015 | — | €704,616 | €5,863,055 | — |
| 2014 | — | €1,288,649 | €5,693,483 | — |
| 2013 | — | -€1,151,394 | €3,273,702 | — |
| 2012 | — | €1,666 | €500,280 | — |
| 2011 | — | -€3,316 | €111,181 | — |
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Source: German Commercial Register (Handelsregister) Stuttgart Local Court, HRB 739615 (as of 12 June 2026)
| Cost type | Amount | Share |
|---|---|---|
| Personnel Costs | €4,726,334 | 29.6% |
| Material Costs | €10,578,306 | 66.2% |
| Depreciation | €676,492 | 4.2% |
| Interest & Similar | €20 | 0.0% |
