Credit rating model for companies

Safe, secure and proactive business decisions

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Simplify your credit rating with a recognized rating model

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Optimize your credit decisions with a quality-assured risk model

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Streamline your credit management with reliable credit rating

Make safe and smart business decisions

Make safe and smart business decisions

The AAA model is based on quality data

Today's business climate demands fast and accurate credit decisions. In order to initiate a business relationship, give the correct payment terms to a new customer or keep track of current customers' creditworthiness, it is important to have a secure and reliable basis from which to make quick decisions. The result is that more and more credit decisions are automated, which in turn increases demands on credit risk models being reliable and maintaining a high level of quality over time.

Hundreds of thousands of companies daily use our rating system to quickly make safe and profitable decisions. Through our explicit rating model AAA, they get information on a specific company's rating and recommended credit limit. It allows them to say yes to more clients because they know when they should request an advance and when to limit or increase the amount of credit.

With Bisnode's credit rating model AAA, you can optimize your credit risk and make safe, secure and proactive business decisions. The rating is the hub of our credit management system and by using it as a starting point, you can both manage new customers and act on the negative rating changes of existing customers.

Optimize your credit decisions with a quality-assured risk model

Optimize your credit decisions with a quality-assured risk model

Find the right credit level and increase profitability

Make safe decisions with AAA – the most well-known rating model on the market  

  • Increase your cash flow by giving customers the right level of credit based on reliable information.

  • Manage your risk by starting from the overall risk assessment of your customer portfolio.   

  • Develop your business with a rating model that has shown consistently high accuracy even under fluctuating business cycles.

Simplify your credit score with a well-known rating model

Simplify your credit score with a well-known rating model

Make consistent and fast decisions with proven model

Save time with a risk model that is easy to use  

  • Streamline your risk management with a solid model that is based on more than 20 years of statistics.  

  • Simplify management of risk and credit with a model that is easy to understand and communicate both internally and towards the customer or supplier  

  • Increase the longevity of your credit decisions with a credit system that shows the risk profile both for the short term and for periods of up to to three years.

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Joint-stock company  

  • AAA the highest rating a company can get. Requires that the company has an annual turnover of more than 2 million, has been in business for at least 10 years and has key figures that are significantly above the industry average.  

  • AA – a good credit rating.

  • A – credit worthy. 

  • AN – awarded to start-ups with no history but where no negative information exists.  

  • B – credit against collateral is distributed to companies with ratios below the industry average, or which have negative information.  

  • C – credit not recommended to be awarded to a company with major payment problems, expended stock capital, bankruptcy involvement, audit remarks or key figures well below industry average.

  • Undetermined rating – applies to joint-stock companies where important information is missing or is out of date or where the company is inactive.  

Partnership and limited partnership  

  • AA – the highest credit rating for a partnership or a limited partnership. Requires that the company are credit worthy and well established.  

  • A – credit worthy.

  • AN – awarded to start-ups with no history but where no negative information exists.  

  • B –  credit against collateral is distributed to companies with ratios below the industry average, or which have negative information.  

  • C – credit not recommended to be awarded to a company with major payment problems or bankruptcy involvement.  

  • Undetermined rating – applies to joint-stock companies where important information is missing or is out of date or where the company is inactive.  

Sole proprietorship  

  • AA – is the highest rating a sole proprietorship can receive. Requires that the company is credit worthy and well established. 

  • A – credit worthy but not so well established.  

  • AN – awarded to start-ups with no history but where no negative information exists.  

  • B – credit against collateral is given to companies with payment defaults or where the owner is involved in bankruptcy

  • C – credit is discouraged. This rating is awarded if the company has a lot of payment defaults or the owner has bankruptcy involvement.  

  • Undetermined rating – applicable to individual firms for which important information is missing or is out of date or where the company is inactive.

Starting point for the company's credit rating 

The credit rating is based on various partial ratings about a company where every partial rating is evaluated based on the type of enterprise. This division is necessary since the amount of information available about a company differs between the different company form.  

The four subdivisions include information about a company's age and business activities, owners and management as well as the company's financial position and ability to pay. 

Age/business activities are assessed according to the following criteria 

Joint-stock company 

  • Well established 

  • Established 

  • 2–4 years 

  • Less than 2 years 

Limited partnership 

  • Well established

  • Established

  • Smaller scale 

  • 2–4 years 

  • Less than 2 years 

  • Not known 

Sole proprietorship 

  • Well established

  • Established

  • Smaller scale 

  • 2–4 years 

  • Less than 2 years 

  • Not known 

Owner/management is assessed according to the following criteria

Joint-stock company 

  • Satisfactory 

  • Notes are listed 

  • Negative information available 

  • Negative information about the corporation 

  • Current negative information 

  • Incomplete information 

Limited partnership 

  • Excellent 

  • Good

  • Satisfactory 

  • Negative information available 

  • Current negative information  

  • Very negative information 

  • Recently moved 

  • Incomplete information 

Sole proprietorship 

  • Good 

  • Satisfactory 

  • Negative information available 

  • Current negative information 

  • Recently moved 

  • Incomplete information 

Finances are assessed according to the following criteria: 

Joint-stock company 

  • Excellent 

  • Good 

  • Satisfactory 

  • Not satisfactory  

  • Weak  

  • See financial specification 

  • Outdated financial statements 

  • Financial statements missing 

Limited partnership 

  • Excellent 

  • Good 

  • Satisfactory 

  • Not satifactory 

  • Weak 

Sole proprietorship 

  • Good 

  • Satisfactory 

  • Not satisfactory 

  • Weak

  • Information missing

Betalningsförmåga bedöms i Sverige enligt följande skala:  

Aktiebolag 

  • Mycket bra 

  • Mycket bra – noteringar finns 

  • Bra 

  • Bra - noteringar finns 

  • Tillfredsställande 

  • Tillfredsställande – noteringar finns 

  • Ej tillfredsställande 

  • Svag 

  • Mycket svag 

Handelsbolag 

  • Bra 

  • Tillfredsställande 

  • Ej tillfredsställande 

  • Svag 

Enskild firma 

  • Bra 

  • Tillfredsställande 

  • Ej tillfredsställande 

  • Svag 

Credit losses are a reality for all companies, and oftentimes they are also very costly. With our credit rating system, you can with 90 per cent certainty predict whether a customer or supplier is about to go out of business within 12 months. This is possible by analyzing all bankrupt companies in the region on a regular basis based on the rating company had before the bankruptcy. In this way, we see patterns and can predict the risk that a company will go bankrupt within one, two and three years.

With Bisnode's credit rating system, you can easily calculate and illustrate the risks in your own client portfolio.

Recent statistics for the entire Nordic region

Since Bisnode's credit rating system was introduced in Sweden, we regularly compile and analyze statistics which we then publish. For us it is important to have transparency; therefore, we present the actual outcome in the performance of our rating models each quarter.

Now we have even credit score statistics for the Nordic countries:

Bisnode derives its information from a number of official and confirmed sources. This information is then analyzed according to 2,400 rules reulting in a value in our rating model. Daily, we gather information from the following sources: