Part Judgement
Our segmental ratings establish a company’s overall credit rating
A company's credit rating is based on its various segmental ratings. Soliditet’s different segmental ratings are combined to establish a company’s current rating. Each segmental rating is formulated in accordance with the company type. This is because the volume of available information varies between different types of companies. Soliditet’s four segmental ratings are: Age/Enterprise, Owner/Management, Finances, and Solvency.
Output values of ”Operation”:
| Well established | History more than 2 periods, active according to tax authorities |
| Newly established | History less than 2 periods, active according to tax authorities |
| Activity unconfirmed |
Registered by Companies House, activity not confirmed by tax authorities |
| Passive |
Earlier active, now activity not confirmed by tax authorities |
| Liquidation | Status according to Companies House or tax authorities |
| Dissolved | Status according to Companies House or tax authorities |
Output values of ”Background":
| Positive | Positive parent company or group, wide ownership etc. |
| Not negative | Credit history of responsible persons positive |
| Neutral |
Foreign parent company or responsible persons missing IDs |
| Negative |
Parent company’s rating or credit history of responsible persons negative |
| Very negative | Parent company or group C-rated etc. |
| Not Rated | Board and other responsible persons missing |
Output values of ”Finance":
| Good | Financial ratios excellent |
| Satisfactory | Financial ratios better than average |
| Acceptable |
Financial ratios average |
|
Positive (Financials > 18 months) |
Good financial ratios, but information getting too old |
| Neutral | Financials available older than 24 months |
| Not Rateable | Financial analysis not possible because of nature of the business (banks, insurance companies etc) |
| Unsatisfactory | Financial ratios worse than average |
| Weak | Financial ratios poor, equity ratio often negative |
Output values of ”Ability to pay”:
| Positive | No payment remarks, trade experiences positive (Paydex >72) |
| Not negative | No payment remarks, fresh trade experiences missing |
| Slightly negative |
Old payment remark or Paydex 60-72 |
| Negative |
Payment remarks or Paydex 40-59 |
| Very negative | Several payment remarks or Paydex <40 |
