Convena Distribution – AAA Highest Creditworthiness

November 2018

AAA Silver Dipolma (5 years)

Convena Distribution achieves Bisnode's highest credit rating for the fifth year in a row. We are very proud of the great credit rating we have achieved; AAA SILVER DIPLOMA from Bisnode. With the AAA credit rating, we prove to our customers and suppliers that we are an economically stable - and trusted - company.

 

Bisnode's rating model AAA is one of the oldest, most well-known and proven models to assess the credit score of companies. AAA is based on 2,400 decision parameters that produces a comprehensible rating, making up the basis of Bisnode's credit solutions. These decision parameters are based on the partial assessments of basic data, ownership, finance and payment experience. Only 2.6% of Danish companies are able to obtain an AAA rating. 

Rating guide

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  • Undetermined rating – applies to joint-stock companies where important information is missing or is out of date or where the company is inactive.  

 

Read more about the credit rating model >

See diploma (pdf) >