Unfortunately no idea. I tried Google Lens on it and the AI gave me everything from old woodworking equipment to “Bohnenschneidemaschine” (bean cutting machine). Also, no useful results for searching W. Krags in Augsburg. I was able to find one patent for a “machine to create holes in inner organs”, or more precisely, a bone cutter. But judging by the lack of a blade or saw on it, this won’t be such a thing. If you’re able to find anything in german, I’d happily help with translations however ✌🏻