SK ID Solutions was awarded the „Strongest in Estonia“ title for second year in a row
SK ID Solutions has contributed to the development of the Estonian economy and to an honest business culture and was awarded the title “Strongest in Estonia” for the second year in a row for its very good financial results and payment behaviour. SK’s credit rating is AAA or excellent and this rating is valid internationally.
Companies whose financial condition is excellent (AAA), very good (AA) or good (A) according to the Creditinfo Rating are awarded the “Strongest in Estonia ” award by the international credit information company Creditinfo Estonia. A high credit rating indicates the company’s exemplary economic situation, good financial results and proper payment discipline.
According to the data collected and analyzed by Creditinfo Estonia, SK ID Solutions has high reliability, and the probability of insolvency is low. On this basis, SK was awarded the highest internationally accepted AAA credit rating for the second year in a row. According to the issued AAA rating certificate, SK ID Solutions has contributed to the development of the Estonian economy and to an honest business culture.
Only 0.7% of Estonian companies have an excellent or AAA credit rating.
Credit rating is an indicator on the basis of which companies can be assessed from their economic point of view. In order to achieve a high rating, the company’s financial situation, payment behaviour and financial results must be exemplary. The Creditinfo model, developed more than 20 years ago, predicts the company’s condition for the next 12 months with a 99% probability. It has been developed on the basis of international standards and adapted to the Estonian market.