Assured stability and reliability
Creditreform once again attests to artecom’s good creditworthiness with the CrefoZert credit rating certificate. This puts us among the just under two per cent of companies in Germany with a proven track record of seamlessly good business conduct and a positive outlook.
Applicants for the certificate undergo a three-stage auditing process and must consistently comply with strict requirements and conditions for the award of CrefoZert. This includes the Creditreform credit rating index, the value of which must be below 250. The index is compiled on the basis of extensive and diverse sources of information using state-of-the-art statistical methods. In this context, sources on payment methods play a particularly significant role, including the German Debtor Register, Creditreform’s own payment experience as a result of assuming responsibility for receivables management as well as reliable reports from Creditreform customers on negative payment experiences.
Creditreform also scrutinises the current annual financial statements of the applicants as part of the audit. The completeness with assets, liabilities, profit and loss account and notes is of particular importance. The Creditreform rating must exhibit a balance sheet credit rating better than CR7 or at least an investment grade from a valid external rating from a recognised rating agency. Size and sector clusters are established for this purpose and a total of ten key figures relevant to the rating are assessed on a multivariate basis. All certified companies have an average probability of default of below one per cent.
