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SK ID Solutions was acknowledged with a high credit rating

12.05.2017

reditinfo Eesti acknowledged SK ID Solutions with a very good (AA) credit rating which is only issued to companies with outstanding financial indicators.

According to the report of Creditinfo Eesti AS, SK ID Solutions is a company with high reliability and very high amount of equity. SK’s earnings have increased during the last years and there is low probability of insolvency. Based on the previous year’s good economic data, SK was recognised with a certificate for Successful Estonian Company 2017.

The Creditinfo rating is the consolidated rating of the company's economic and financial standing of the company and its payment habits. The rating is expressed in letter combinations: AAA (excellent), AA (very good), A (good), BBB (satisfactory), BB (passable), B (weak), C (unsatisfactory). In Estonia, the rating AA (very good) was attributed to 14,2% of companies, the rating AAA to 1,3% and the rating A (good) to 22,4% of businesses. 52,5% of Estonian companies hold the rating BB or BBB.

SK ID Solutions specializes in international e-identity solutions. We are the partner of the Estonian state in issuing certificates for national identity documents. We enable the citizens of different countries to log in to e-services and give digital signatures. SK ID Solutions caters to more than 600 organizations, which include financial, healthcare, and various other private and public sector e-services. Our services in Estonia have more than 700 000 end users.