Creditinfo believes that in smaller economies, it is more important to assess a company’s strength through the stability of their operational performance over time, as opposed to reviewing only one fiscal year. This long-term assessment prevents the inclusion of companies that cannot withstand market fluctuations, such as was the case for a number of businesses in the economic collapse of 2008.

Creditinfo’s conditions for the company strength analysis

  • Categorised by Creditinfo in risk category 1,2 or 3
  • Positive EBIT for each of the past three years
  • Positive operating profit for each of the past three years
  • Equity ratio at least 20% for each of the past three years
  • Has submitted financial statement to RSK for the past three years
  • Registered CEO at the company register
  • Defined as a credit active company according to Creditinfo
  • Operating income of at least ISK 50 million 2017 and 2018
  • Total assets at least ISK 100m for 2018 and 2017, and 90m 2016