Landia A/S awarded an AAA rating for creditworthiness

In 2010 Landia A/S, for the sixth year in a row, was awarded the highest rating, a "triple-A", in a rating of the company’s creditworthiness and financial solidity.

The last solidity assessment was carried out in October 2010 and covered all of the approximately 180.000 companies in Denmark which are required by law to keep accounts.

Only 7,732 companies (a mere 4.3% of all Danish companies) fulfilled all the requirements and qualified for the AAA (triple-A) rating in 2010.

Read more about the triple-A rating in the green fact box below and on www.soliditet.dk

Triple-A ratings for Landia every year since 2005

Landia A/S has been awarded a triple-A rating every year since the certification system was introduced in 2005.

Click on the above certificate to download it as a PDF file
(Danish language)

What is credit rating?

The rating is calculated on the basis of a mathematical algorithm which takes account of a number of factors.

The credit rating carried out by Soliditet A/S is an expression of the probability of any given company causing its suppliers payment problems. This probability is rated with a letter code.

The credit rating is divided into 7 levels:

AAA = Highest creditworthiness
The company belongs to the very-low-risk group and has a particularly good ability to meet current payment obligations.

AA = High creditworthiness
A company with a good ability to meet current payment obligations.

A = Creditworthy
A company with sufficient ability to meet current payment obligations.

NY = Newly established company
There is no negative information about the company's solvency.
Its development should be monitored closely.

IR = Rating not possible
Essential information about the company is either missing or no longer relevant.
Please observe that Banks, insurance companies, investment companies etc. are also given this rating.

B = Secured credit
Credit risk. The company’s ability to meet current payment obligations is assessed as being poor.

C = Credit discouraged
High credit risk. The company’s ability to meet current payment obligations is assessed as being very poor.