We take this opportunity to share with you great news about one more accolade in the series of the ones we’ve already received. Analytical house “Bisnode”, a strategic European partner of the American credit rating agency Dun & Bradstreet, is conducting financial analysis of companies as a part of an international project, which includes a long tradition of awarding certificates of creditworthiness in 19 European countries, including Bosnia and Herzegovina.
The rating of creditworthiness excellence represents the above-average creditworthiness of business entities. It is based on the financial statements of companies for the last business year and is a confirmation of secure business for the next 12 months. This year, for the first time, Bisnode selected silver creditworthy companies, which meet the criteria of excellence of the creditworthiness classes for at least three years in a row. This year, the AAA certificate of silver credit excellence was awarded to ORBICO BEAUTY d.o.o. Sarajevo.
Silver creditworthiness is a rating by which Bisnode assesses the creditworthiness of companies over a long period of time based on various criteria. In addition, an integral part of the assessment is the assessment of solvency, creditworthiness, indebtedness, profitability, and various other risk criteria. A company with silver credit excellence is the most reliable, credible and least risky business entity for cooperation with all business partners, whether it comes to customers, suppliers, banks or insurance companies.
It is important to note that this year's analysis was done according to strict criteria, where out of 150,000 registered entities, only 4,100 are creditworthy companies, of which 98 are silver, which have maintained a high level of business stability for 3 years in a row. Although we believe that turbulent times are behind us, it is important to maintain a high level of business integrity and to guarantee our business partners, customers and public that company strives for excellence in the future.