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How does Creditsafe's scoring work?

Creditscore delivered by Creditsafe.

Mia avatar
Written by Mia
Updated this week

Strise uses Creditsafe's credit score.
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Creditsafe's company score is a statistical evaluation that estimates the risk of a company becoming insolvent within 12 months. What they predict is the risk of the company going into bankruptcy, compulsory liquidation, or otherwise no longer being able to meet its obligations.
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To provide the best possible risk assessment for each individual company, the companies are divided into different segments based on company type, size, and the industry in which they operate. Each company is then assessed based on criteria that correspond to those that best predict the risk of insolvency in their segment. Examples of criteria used in the various segments of companies are:

  • Financial statements

  • Payment defaults

  • The company's age

  • Auditor's remarks

  • Current and historical board of directors

The higher a company's score, the lower the risk of the company becoming insolvent.

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