We received the highest creditworthiness certificate
Creditworthiness certificate is intended for the best companies with high ethical standards, strong abillity to meet current payment obligations and quality services or products. The certificate is an evidence of credibility and reliability of company. Therefore the certificate serves as a confirmation of excellence for customers and business partners.
Companies with a rating of creditworthiness exhibit excellence and meet the criteria for being less likely to record any of the following events in the next twelve months:
- bankruptcy, forced settlement or liquidation,
- erasure from the business register,
- frozen bank accounts for more than 60 or 90 continuous days.
Methodology for determining the rating of creditworthiness is based on statistical models that predict the probability of bankruptcy, erasure and freezing of bank accounts in the next twelve months of a business subject.
Statistical models were constructed on the basis of financial indicators of business operations (indebtedness, liquidity, success and effectiveness) for the last three years and on the basis of negative events (bankruptcy, erasure, blockade) in the selected period.
For a more appropriate comparison of values between subjects, the financial indicators have been denominated in terms of size of assets or total revenue.
Results of statistical analysis showed that subjects with relatively lower proportion of debt financing are less likely to record bankruptcy, erasure or long term freeze of bank accounts in the next 12 months.