Credit assessment
Business credit score
A business credit score is an analysis of available data describing a company's payment ability and risk. It is used by banks, suppliers, customers and clients to make decisions about credit, contracts and partnerships.
Factors that affect the score
Payment remarks and debt collection
Solvency and equity
Liquidity and cash flow
Debt ratio
Company age and status
Credit score is an analysis based on available data — not an official rating.
The basis for the score
What can a credit score be based on?
The credit score is an analysis of creditworthiness based on available data from public registers and commercial data sources. Different providers may weight factors differently.
Payment history
Registered payment remarks and debt collection cases are among the heaviest negative factors in a credit assessment.
Financial figures
Solvency, liquidity, profitability and equity are analysed from submitted annual accounts and other financial data.
Company status
Age, legal form, roles and any historical changes to the company contribute to the overall picture.
Debt ratio and exposure
The ratio of debt to equity gives insight into how vulnerable the company is to market changes.
Important to understand
Data sources are not the same as assessment
Data sources
Public registers such as the Brønnøysund Register Centre and the Norwegian Tax Administration are official sources. Kredittdata retrieves data from these and other relevant credit data sources.
Credit assessment
The credit score is Kredittdata's analysis of this data. It is not an official score from authorities. Read more about data sources and methodology.
Who uses credit scores
When is a credit score relevant?
Tenders and public contracts
Creditworthiness may be part of the assessment of whether a supplier meets financial capacity requirements.
Supplier agreements
A potential supplier may be asked to document their financial solidity before a long-term agreement is concluded.
Bank financing
Banks and financial institutions partly base credit assessments on the credit score and the underlying analysis.
Customer relations and credit terms
Companies selling on credit often assess the counterparty's credit score before offering invoice or instalment arrangements.
Related pages
Explore further
Business credit report
Order a complete report with credit score and financial analysis.
Credit badge – show creditworthiness externally
Add a verified credit badge to your website and proposals.
Data sources and methodology
See which registers and data are used in the assessment.
See sample report
See what a credit report contains before ordering.
Pricing
See prices for credit report, credit badge and monitoring.
Credit report for supplier agreements
Document solidity to suppliers and business partners.
Contact us
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