Certificate for companies with the steadiest financial standing
Certificate for companies with the steadiest financial
standing
In
the Bisnode international company rating system, the financial stability and
business reliability of all enterprises are rated based on a proven system that
has been designed by international experts, and whose operation is consistently
measured. This is how our company, ULBRICH KFT has been chosen as one of the enterprises
with the steadiest financial standing. As a result, our enterprise belongs to
those 9.82% of Hungarian companies that have the most solid financial
foundations, i.e. are in possession of some kind of Bisnode certificate.
It is a great honour for our company
to be listed at the highest ranks on the basis of Bisnode's objective company
rating. We pay heightened attention to acting fairly on the market, thus it is
important for us that an external expert has also confirmed that the
probability of our company's insolvency is outstandingly low. We believe that
with reliance on the Bisnode
certificate,
we can further enhance trust towards our customers, contractors and employees,
which is becoming more and more important in long-term, stable business
relations. For us, the fact that Bisnode, as an independent expert, has
acknowledged the stability of our company, conveys the message that we are on
the right track in building our company. As the rating of our enterprise has
been performed strictly in view of professional considerations, while no
application or registration is possible for this rating, the Bisnode
certificate is a truly positive distinction for our company on the market.
ULBRICH
KFT has received
Bisnode's AAA (triple A) certificate, which belongs to only 0.63% of the
companies in Hungary, and it indicates that the financial risk of establishing
business relations with our company is extraordinarily low.
The basis of the Bisnode
certificate is Bisnode's rating system, which has been used
for rating companies in view of their reliability since 1908. Issued with AAA,
AA, and A ratings, Bisnode certificates indicate the stability of companies,
and that companies in possession of such ratings – i.e. Bisnode certificates –
have steady financial standing. The AAA company rating was introduced in 1989,
and firms have had the opportunity to demonstrate their business reliability in
the form of certificates as well since 1996. The certificate provides means for
the eligible companies to show to others that their companies are recognized,
reliable and creditworthy undertakings. The Bisnode certificate is used in
several countries across Europe, while in the Nordic countries it is considered
to be a standard of trading.
The Bisnode rating is
based on data originating from multiple official sources, such as information
from the Ministry of Justice and Law Enforcement, entries of the Courts of
Registry, as well as the data of the National Tax and Customs Administration
and other authorities. In addition to the data from the official sources, the
financial information regarding the firm, such as balance data, profit and loss
accounts, and trends are incorporated, as well. For the rating, the demographic
data of the company or organization are taken into consideration, i.e. the
company's age, activities, size and owners, alongside their interrelations. It
is incorporated from the Bisnode Payment Experience Program into the rating
whether the given enterprise settles its invoices at their due dates or with
delays, i.e. what their payment discipline is. Furthermore, numerous other
pieces of information gathered contribute to the system of Bisnode's rating,
such as legal enforcement details and press reports.
As the Bisnode certificate
does not only show the currently steady financial standing of our company, but
partly owing to the design of the Bisnode certificate it also indicates the
probability of our business becoming insolvent in the forthcoming year, we can
proudly state that ULBRICH Kft shall
continue to be a steady actor of the market in the future, too.
