Credit Excellence

A credit rating of excellence represents an above-average credit assessment of economic entities. It is awarded by the Bisnode Credit Rating House, which performs financial analyzes of companies as part of an international project and has a long tradition in awarding certificates of credit excellence. It operates in 19 European countries, including Slovenia.

Certification is already an established practice in the international environment. With it, business entities further strengthen their reputation and increase trust in both domestic and foreign business environments. In this way, certificate holders ensure greater credibility and straighten the confidence of business partners.

The credit rating is based on the financial statements of economic entities for the last financial year and forecasts the security of operations in the next 12 months. The best companies with an essential differential advantage in business have a credit rating of excellence.

A business entity can achieve three levels of credit excellence:

• a business entity with rate A belongs to a high class of credit excellence in Slovenia;
• a business entity with rate AA has an even higher rating of credit excellence in Slovenia;
• a business entity with an AAA level belongs to the highest class of credit excellence in Slovenia.

This year we have obtained GOLDEN CREDITWORTHINESS CERTIFICATE OF EXCELLENCE in our company Kovinc d.o.o., which means that we operate with above-average excellence and meet the criteria for achieving a lower probability of recording any of the following events in the next 12 months:

• bankruptcy, compulsory settlement or liquidation (< 0,08% probability),
• deletion of the entity from the companies register (< 0,81% probability),
• freezing of bank accounts for over 90 days and listing as tax defaulter (< 0,41% probability).

We have acquired the right to use the internationally recognized status of Golden Excellence because we have been meeting the criteria of credit excellence AAA for three years in a row.

As a company with Golden Credit Excellence, we are one of the most reliable, credible and low-risk business entities for cooperation with all business partners: suppliers, customers, insurance companies, banks and others.

Certification, especially in these times, plays a particularly significant role in compiling the final picture, as companies with a high number of FS points (Failure Score model) are the ones that find themselves being the best as well as demonstrate and maintain stability in the most rigorous, uncertain and unpredictable times.

The Golden Creditworthiness Certificate as a quality indicator communicates to business partners that our company is unwavering even in times of crisis and when established transactions cease to be so well-established.