{"id":2953,"date":"2026-04-14T11:18:13","date_gmt":"2026-04-14T08:18:13","guid":{"rendered":"https:\/\/creditreports.dk\/?page_id=2953"},"modified":"2026-04-15T10:05:12","modified_gmt":"2026-04-15T07:05:12","slug":"credit-risk-faq","status":"publish","type":"page","link":"https:\/\/creditreports.dk\/da\/produkter\/credit-risk-faq\/","title":{"rendered":"Credit Risk FAQ"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"2953\" class=\"elementor elementor-2953\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9ccdd6e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9ccdd6e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-449c373\" data-id=\"449c373\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6c5f165 elementor-widget elementor-widget-heading\" data-id=\"6c5f165\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FAQ<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1837ff4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1837ff4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6571c6f\" data-id=\"6571c6f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3334e9b elementor-widget elementor-widget-text-editor\" data-id=\"3334e9b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"9\" data-end=\"391\">Credit ratings often raise questions, especially when a company\u2019s own experience of its business situation does not seem to match the assigned risk category. Valuatum\u2019s credit rating is based on <span data-start=\"204\" data-end=\"228\">statistical analysis<\/span> that takes into account the company\u2019s <span data-start=\"267\" data-end=\"390\">financial ratios, balance sheet, liquidity, industry risk level, and other factors affecting its ability to absorb risk<\/span>.<\/p><p style=\"text-align: center;\" data-start=\"393\" data-end=\"554\" data-is-last-node=\"\" data-is-only-node=\"\">On this page, we have compiled the <span data-start=\"428\" data-end=\"465\">most common questions and answers<\/span> about how credit ratings are determined and why the results may sometimes be surprising.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9e838f7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9e838f7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7ccc836\" data-id=\"7ccc836\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a078cf0 elementor-widget elementor-widget-heading\" data-id=\"a078cf0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><b>Frequently Asked Questions<\/b><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6a14272 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6a14272\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a29cefa\" data-id=\"a29cefa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-90ca1f7 elementor-widget elementor-widget-accordion\" data-id=\"90ca1f7\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1511\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1511\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">How can I estimate what kind of credit rating my company would typically fall into?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1511\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1511\"><p data-start=\"145\" data-end=\"320\">The chart below illustrates how Danish companies are positioned in Valuatum\u2019s rating model based on key financial indicators. In the chart, each point represents one company:<\/p><ul data-start=\"322\" data-end=\"457\"><li data-section-id=\"1tj4mi4\" data-start=\"322\" data-end=\"398\">The horizontal axis shows profitability (return on assets).<\/li><li data-section-id=\"1fmicq4\" data-start=\"399\" data-end=\"457\">The vertical axis shows solvency (equity ratio).<\/li><\/ul><p data-start=\"459\" data-end=\"796\">Companies located in the upper-right corner are typically both profitable and financially solid, while those in the lower-left corner tend to have weaker profitability and solvency. The color of each point indicates the company\u2019s credit rating: green companies represent lower risk, while red companies represent higher risk.<\/p><p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.valuatum.com\/wp-content\/uploads\/sites\/10\/2026\/04\/bankruptcy_risk_visualization.png\" alt=\"\" width=\"500\" height=\"149\" \/><\/p><p data-start=\"798\" data-end=\"921\">The background color areas indicate which rating is most typical for companies with those particular financial metrics.<\/p><p data-start=\"923\" data-end=\"1118\">If a company\u2019s situation is otherwise typical (meaning there are no exceptional risk factors), the chart provides a good indicative view of the rating level a company would usually fall into.<\/p><p data-start=\"1120\" data-end=\"1344\">If the example company\u2019s figures are otherwise neutral, achieving an \u201cA\u201d-level rating (placing it among the top 20% of Danish companies) typically requires an equity ratio of 75\u2013100% and a positive return on equity.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1512\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-1512\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Why can Valuatum\u2019s rating be lower than a competitor\u2019s rating?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1512\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-1512\"><p data-start=\"165\" data-end=\"457\">In Valuatum\u2019s model, ratings are calibrated so that only about one third of companies fall into the A categories (see the distribution below). This is broadly consistent with the distributions used by international credit rating agencies such as <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Standard &amp; Poor\u2019s<\/span><\/span>.<\/p><p data-start=\"459\" data-end=\"559\">By contrast, some competing services in Finland for example, classify around 90% of Finnish companies into A categories.<\/p><p data-start=\"561\" data-end=\"765\">In practice, this means that the same company may receive different ratings across different services. Valuatum\u2019s rating may appear lower even though the company\u2019s relative risk level is the same.<\/p><p data-start=\"767\" data-end=\"943\" data-is-last-node=\"\" data-is-only-node=\"\">The difference does not necessarily reflect a different assessment of the company\u2019s risk, but rather how ratings are distributed across the overall population of companies.<\/p><p data-start=\"1077\" data-end=\"1146\"><strong>Valuatum&#8217;s credit rating distribution<\/strong><br \/><em><img decoding=\"async\" src=\"https:\/\/www.valuatum.com\/wp-content\/uploads\/sites\/10\/2026\/04\/credit_rating_distribution_4_fi.png\" alt=\"\" \/><\/em><\/p><p data-start=\"1077\" data-end=\"1146\"><em>Source: <a href=\"https:\/\/www.valuatum.com\/credit-risk\/industrial-credit-risk-platform\/#faq\">Valuatum<\/a><\/em><\/p><p data-start=\"1148\" data-end=\"1243\"><strong>S&amp;P&#8217;s credit rating distribution<\/strong><br \/><em><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.insider.com\/55a509deecad047f6ece0993?width=1200&amp;format=jpeg\" alt=\"\" \/>Source: <a href=\"https:\/\/www.businessinsider.com\/sp-global-sovereign-ratings-distribution-2015-7\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Business Insider<\/span><\/span><\/a><\/em><\/p><p data-start=\"1245\" data-end=\"1346\"><strong>Asiakastieto&#8217;s credit rating distribution (owner of Proff.dk)<\/strong><br \/><em><img decoding=\"async\" src=\"https:\/\/www.epressi.com\/media\/userfiles\/123829\/1597146731\/asiakastieto-media-luokitukset-graafi.jpg\" alt=\"\" \/><\/em><\/p><p data-start=\"1245\" data-end=\"1346\"><em>Source: <a href=\"https:\/\/www.kauppalehti.fi\/lehdistotiedotteet\/a\/b0ed352f-41fb-3033-a3e2-73428ae41ff6\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Kauppalehti<\/span><\/span><\/a><\/em><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1513\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-1513\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Can the same company receive different credit ratings from different providers?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1513\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-1513\"><p data-start=\"85\" data-end=\"242\">Yes. Different providers use different models, weightings, and data sources, so the same company may receive different ratings across different services.<\/p><p data-start=\"244\" data-end=\"531\" data-is-last-node=\"\" data-is-only-node=\"\">These differences do not necessarily mean that one assessment is \u201cwrong.\u201d Rather, they reflect different approaches to evaluating risk. A credit rating is always a model-based estimate of how a company compares with other companies and with observed historical risk patterns.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-68240a3 elementor-widget elementor-widget-heading\" data-id=\"68240a3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How Credit Ratings Are Determined<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e3308cd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e3308cd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-393281d\" data-id=\"393281d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-57a97ff elementor-widget elementor-widget-accordion\" data-id=\"57a97ff\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-9191\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-9191\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">How is Valuatum\u2019s credit rating calculated?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-9191\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-9191\"><p data-start=\"49\" data-end=\"391\">Valuatum\u2019s credit rating is based on a statistical risk model that makes extensive use of historical data on Finnish companies, including financial statements, payment default records, and bankruptcy data. The model estimates the probability that companies with a given profile will experience payment defaults or bankruptcy risk.<\/p><p data-start=\"393\" data-end=\"700\" data-is-last-node=\"\" data-is-only-node=\"\">The rating is not based on a single financial metric, but on an overall assessment. In particular, the model considers factors such as solvency, profitability, liquidity, balance sheet structure, industry risk level, and several other indicators that describe a company\u2019s ability to absorb risk.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-9192\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-9192\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Which factors have the greatest impact on the credit rating?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-9192\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-9192\"><p data-start=\"66\" data-end=\"112\">Typically, the most important factors include:<\/p><ul data-start=\"114\" data-end=\"537\"><li data-section-id=\"1tibme7\" data-start=\"114\" data-end=\"161\">Solvency, especially the equity ratio<\/li><li data-section-id=\"1w2ysau\" data-start=\"162\" data-end=\"212\">Profitability, such as return on capital<\/li><li data-section-id=\"i704be\" data-start=\"213\" data-end=\"326\">Liquidity, for example the size of cash reserves relative to business volume and short-term liabilities<\/li><li data-section-id=\"1l1az98\" data-start=\"327\" data-end=\"439\">Balance sheet structure, such as how assets are distributed between cash, receivables, and other items<\/li><li data-section-id=\"ho9s3b\" data-start=\"440\" data-end=\"537\">Industry risk, meaning how frequently companies in that particular industry fail on average<\/li><\/ul><p data-start=\"539\" data-end=\"717\" data-is-last-node=\"\" data-is-only-node=\"\">In practice, a strong rating usually requires that a company has both healthy profitability and sufficient financial buffers relative to the risks of its business operations.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-9193\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-9193\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Is industry risk more important than company-specific factors?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-9193\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-9193\"><p data-start=\"68\" data-end=\"272\">Not on its own. Company-specific factors remain very important and play a major role in determining the rating. However, industry risk influences how high the bar is for achieving a strong rating.<\/p><p data-start=\"274\" data-end=\"467\">In other words, with the same level of profitability and solvency, a company operating in a lower-risk industry may receive a better rating than a company in a higher-risk industry.<\/p><p data-start=\"469\" data-end=\"553\" data-is-last-node=\"\" data-is-only-node=\"\">That said, every industry contains both highly rated and weakly rated companies.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-9194\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-9194\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">How should a credit rating be interpreted in practice?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-9194\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-9194\"><p data-start=\"60\" data-end=\"354\">A credit rating should be viewed as a condensed risk signal, not as a final judgment about the quality of a company. It indicates how the company statistically compares with other companies and what level of risk is associated with its financial ratios, balance sheet, and industry.<\/p><p data-start=\"356\" data-end=\"421\">At its best, a credit rating helps company management understand:<\/p><ul data-start=\"423\" data-end=\"598\" data-is-last-node=\"\" data-is-only-node=\"\"><li data-section-id=\"1su38bs\" data-start=\"423\" data-end=\"476\">which factors strengthen the company\u2019s position<\/li><li data-section-id=\"11srdih\" data-start=\"477\" data-end=\"525\">which factors limit its financing capacity<\/li><li data-section-id=\"1b9sphn\" data-start=\"526\" data-end=\"598\" data-is-last-node=\"\">what areas of development could improve the company\u2019s risk profile<\/li><\/ul><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-9195\" class=\"elementor-tab-title\" data-tab=\"5\" role=\"button\" aria-controls=\"elementor-tab-content-9195\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">How do cash reserves and liquidity affect a credit rating?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-9195\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"region\" aria-labelledby=\"elementor-tab-title-9195\"><p data-start=\"64\" data-end=\"320\">Cash reserves and liquidity influence how well a company can withstand everyday disruptions, delays, and unexpected events. If a company has a large business volume but only small cash buffers, its ability to cope with temporary problems may be weaker.<\/p><p data-start=\"322\" data-end=\"561\" data-is-last-node=\"\" data-is-only-node=\"\">The model examines, among other things, cash in relation to revenue, expenses, short-term liabilities, and other balance sheet items. Strong liquidity supports the rating because it improves the company\u2019s resilience to disruptions.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d844264 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d844264\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-166e9a9\" data-id=\"166e9a9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bb95680 elementor-widget elementor-widget-heading\" data-id=\"bb95680\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why a Credit Rating May Be Weak<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-921fb00 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"921fb00\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-137cde5\" data-id=\"137cde5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-be9f337 elementor-widget elementor-widget-accordion\" data-id=\"be9f337\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1991\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1991\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Why might my company\u2019s credit rating be weak even if the business is profitable?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1991\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1991\"><p data-start=\"86\" data-end=\"262\">Profitability is an important factor, but it does not determine the credit rating on its own. A company may have good results yet still receive a modest rating, for example if:<\/p><ul data-start=\"264\" data-end=\"496\"><li data-section-id=\"ea7do0\" data-start=\"264\" data-end=\"323\">equity is small relative to the scale of the business<\/li><li data-section-id=\"9ktsy7\" data-start=\"324\" data-end=\"351\">cash buffers are thin<\/li><li data-section-id=\"re5kjg\" data-start=\"352\" data-end=\"403\">the industry carries higher-than-average risk<\/li><li data-section-id=\"pt271n\" data-start=\"404\" data-end=\"496\">the balance sheet does not provide sufficient protection against potential disruptions<\/li><\/ul><p data-start=\"498\" data-end=\"737\" data-is-last-node=\"\" data-is-only-node=\"\">A credit rating primarily measures a company\u2019s ability to absorb risk. Even a profitable business can appear vulnerable from a lender\u2019s perspective if a single bad year or the failure of one major project would have a large impact.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1992\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-1992\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Why isn\u2019t a high equity ratio always enough for a strong credit rating?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1992\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-1992\"><p data-start=\"77\" data-end=\"232\">The equity ratio indicates relative solvency, but on its own it does not show how large the company\u2019s actual financial buffer is in absolute terms.<\/p><p data-start=\"234\" data-end=\"543\" data-is-last-node=\"\" data-is-only-node=\"\">A company may have a high equity ratio, but if the balance sheet is small while the business volume is large, the owners\u2019 ability to absorb risk may still be limited. From a lender\u2019s perspective, it is often also important how much equity and other protective assets the company has in absolute terms.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1993\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-1993\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Can high industry risk weaken the rating of an otherwise strong company?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1993\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-1993\"><p data-start=\"78\" data-end=\"255\">Yes, it can. Industry risk is an important part of credit risk assessment, because the frequency of bankruptcies and payment defaults varies significantly across industries.<\/p><p data-start=\"257\" data-end=\"531\" data-is-last-node=\"\" data-is-only-node=\"\">If an industry is riskier than average, a company typically needs stronger financial metrics to reach the same credit rating as a company operating in a lower-risk industry. This does not mean that the industry alone determines the rating, but it raises the bar.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1994\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-1994\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Does a weak credit rating mean my company is in poor condition?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1994\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-1994\"><p data-start=\"69\" data-end=\"224\">Not necessarily. A weak or below-average rating does not automatically mean that the company\u2019s business is poor or that the company is in immediate danger.<\/p><p data-start=\"226\" data-end=\"528\" data-is-last-node=\"\" data-is-only-node=\"\">It usually means that, statistically speaking, the company\u2019s risk level is higher than that of better-rated companies. This may be due to factors such as a higher-risk industry, small absolute equity, limited cash buffers, or the size of the balance sheet relative to the scale of the business.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3fd4ca4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3fd4ca4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-789255f\" data-id=\"789255f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-38d28d0 elementor-widget elementor-widget-heading\" data-id=\"38d28d0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Changes and Dynamics<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e0ea03c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e0ea03c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bd1a74c\" data-id=\"bd1a74c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-53013ab elementor-widget elementor-widget-accordion\" data-id=\"53013ab\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-8701\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-8701\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Why can a credit rating change quickly from year to year?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-8701\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-8701\"><p data-start=\"63\" data-end=\"190\">A credit rating can change if a company\u2019s financial metrics change or if the business environment changes. For example:<\/p><ul data-start=\"192\" data-end=\"426\"><li data-section-id=\"1s7nk88\" data-start=\"192\" data-end=\"231\">profitability improves or weakens<\/li><li data-section-id=\"1ay9oye\" data-start=\"232\" data-end=\"267\">equity increases or decreases<\/li><li data-section-id=\"x3lf25\" data-start=\"268\" data-end=\"309\">cash reserves strengthen or decline<\/li><li data-section-id=\"4lu67v\" data-start=\"310\" data-end=\"354\">the risk level of the industry changes<\/li><li data-section-id=\"1imaw9e\" data-start=\"355\" data-end=\"426\">business volume grows faster than the company\u2019s financial buffers<\/li><\/ul><p data-start=\"428\" data-end=\"610\" data-is-last-node=\"\" data-is-only-node=\"\">In some industries, economic cycles also have a strong impact. In such cases, even with similar company-specific figures, the overall risk level may differ from year to year.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9bbabfa elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9bbabfa\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-981b44c\" data-id=\"981b44c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f9d5bf9 elementor-widget elementor-widget-heading\" data-id=\"f9d5bf9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What You Can Do<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2800824 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2800824\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a9696f4\" data-id=\"a9696f4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c84864a elementor-widget elementor-widget-accordion\" data-id=\"c84864a\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2101\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2101\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Can a company improve its credit rating?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2101\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2101\"><p data-start=\"46\" data-end=\"212\">Yes, it can. A credit rating can usually be improved by strengthening the company\u2019s ability to absorb risk. In practice, the most important factors often include:<\/p><ul data-start=\"214\" data-end=\"454\"><li data-section-id=\"bkkkkj\" data-start=\"214\" data-end=\"240\">strengthening equity<\/li><li data-section-id=\"1clrmf7\" data-start=\"241\" data-end=\"270\">increasing cash buffers<\/li><li data-section-id=\"s5bhk3\" data-start=\"271\" data-end=\"300\">improving profitability<\/li><li data-section-id=\"r14a8e\" data-start=\"301\" data-end=\"376\">strengthening the balance sheet relative to the scale of the business<\/li><li data-section-id=\"mj5gw3\" data-start=\"377\" data-end=\"454\">improving risk management and the predictability of business operations<\/li><\/ul><p data-start=\"456\" data-end=\"575\" data-is-last-node=\"\" data-is-only-node=\"\">Especially in higher-risk industries, strong equity and sufficient financial buffers become particularly important.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2102\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-2102\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Can a good company still face difficulties obtaining financing?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2102\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-2102\"><p data-start=\"69\" data-end=\"290\">Yes. In addition to the credit rating, many other factors influence access to financing, such as banks\u2019 own risk policies, regulation, collateral requirements, market conditions, and the overall cycle of the industry.<\/p><p data-start=\"292\" data-end=\"551\" data-is-last-node=\"\" data-is-only-node=\"\">For this reason, it is possible that a well-managed company may face stricter financing terms than its operational quality alone would suggest. A credit rating is an important part of the assessment, but it is not the only factor in lending decisions.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>FAQ Credit ratings often raise questions, especially when a company\u2019s own experience of its business situation does not seem to match the assigned risk category. Valuatum\u2019s credit rating is based on statistical analysis that takes into account the company\u2019s financial ratios, balance sheet, liquidity, industry risk level, and other factors affecting its ability to absorb risk. On this page, we have compiled the most common questions and answers about how credit ratings are determined and why the results may sometimes&hellip;<\/p>","protected":false},"author":1,"featured_media":0,"parent":15,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-2953","page","type-page","status-publish","hentry"],"aioseo_notices":[],"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","trp-custom-language-flag":"","portfolio":""},"post_excerpt_stackable_v2":"<p>FAQ Credit ratings often raise questions, especially when a company\u2019s own experience of its business situation does not seem to match the assigned risk category. Valuatum\u2019s credit rating is based on statistical analysis that takes into account the company\u2019s financial ratios, balance sheet, liquidity, industry risk level, and other factors affecting its ability to absorb risk.On this page, we have compiled the most common questions and answers about how credit ratings are determined and why the results may sometimes be surprising. Frequently Asked Questions How can I estimate what kind of credit rating my company would typically fall into? The&hellip;<\/p>\n","category_list_v2":"","author_info_v2":{"name":"valuatum","url":"https:\/\/creditreports.dk\/da\/author\/valuatum\/"},"comments_num_v2":"0 comments","coauthors":[],"author_meta":{"author_link":"https:\/\/creditreports.dk\/da\/author\/valuatum\/","display_name":"valuatum"},"relative_dates":{"created":"Udgivet 1 dag siden","modified":"Opdateret 6 timer siden"},"absolute_dates":{"created":"Udgivet april 14, 2026","modified":"Opdateret april 15, 2026"},"absolute_dates_time":{"created":"Udgivet april 14, 2026 11:18 am","modified":"Opdateret april 15, 2026 10:05 am"},"featured_img_caption":"","featured_img":false,"series_order":"","_links":{"self":[{"href":"https:\/\/creditreports.dk\/da\/wp-json\/wp\/v2\/pages\/2953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/creditreports.dk\/da\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/creditreports.dk\/da\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/creditreports.dk\/da\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/creditreports.dk\/da\/wp-json\/wp\/v2\/comments?post=2953"}],"version-history":[{"count":9,"href":"https:\/\/creditreports.dk\/da\/wp-json\/wp\/v2\/pages\/2953\/revisions"}],"predecessor-version":[{"id":2963,"href":"https:\/\/creditreports.dk\/da\/wp-json\/wp\/v2\/pages\/2953\/revisions\/2963"}],"up":[{"embeddable":true,"href":"https:\/\/creditreports.dk\/da\/wp-json\/wp\/v2\/pages\/15"}],"wp:attachment":[{"href":"https:\/\/creditreports.dk\/da\/wp-json\/wp\/v2\/media?parent=2953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}