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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.

What a credit score is and what it can be based on
The difference between data sources and credit assessment
Why the score is used by banks, customers and clients
Show credit score externally
Credit scoreLow risk
78/ 100
Rating
AA
High riskLow risk
Illustration — not a specific company

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

01

Registered payment remarks and debt collection cases are among the heaviest negative factors in a credit assessment.

Financial figures

02

Solvency, liquidity, profitability and equity are analysed from submitted annual accounts and other financial data.

Company status

03

Age, legal form, roles and any historical changes to the company contribute to the overall picture.

Debt ratio and exposure

04

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

The raw facts: accounts, roles, register data and payment history retrieved from public registers and relevant data sources.

Credit assessment

Kredittdata's analysis of this data — weighted into a single score and rating. It is not an official rating from authorities.

Who uses credit scores

When is a credit score relevant?

01

Tenders and public contracts

Creditworthiness may be part of the assessment of whether a supplier meets financial capacity requirements.

02

Supplier agreements

A potential supplier may be asked to document their financial solidity before a long-term agreement is concluded.

03

Bank financing

Banks and financial institutions partly base credit assessments on the credit score and the underlying analysis.

04

Customer relations and credit terms

Companies selling on credit often assess the counterparty's credit score before offering invoice or instalment arrangements.

The scale

From high risk to low risk

C
B
A
AA
AAA

The rating summarises the score in a letter class. AA and AAA signal very low credit risk — the level banks, tender bodies and suppliers look for.

Questions and answers

Frequently asked questions

Contact us →

A business credit score is a numerical assessment of a company's payment ability and risk, based on an analysis of available data. It is not an official rating, but an analytical tool used by banks, suppliers and clients.

The score is typically based on financial figures, payment history, payment remarks, debt ratio and company status — drawn from Norwegian registers and relevant credit data sources.

No. A credit score from Kredittdata is an analysis based on available data — not an official rating issued by authorities. Different credit information providers can have different scoring models and different results for the same company.

Yes, over time. The most important steps are settling payment remarks, submitting accounts on time, maintaining good liquidity and reducing unnecessary debt. Kredittdata can help you document the current situation and monitor developments.

You can order a credit report through Kredittdata, which gives you a complete overview of the credit score and the underlying factors. The report is available as a PDF and can be used as documentation.

The credit score is one part of a credit report — a numerical assessment. A credit report is a more complete document that includes the score, financial analysis, solvency, liquidity, payment history and other relevant factors.

See your company's credit score

Order a credit report and get the score, rating and underlying factors — ready as documentation for tenders, banks and customers.