WaveCom gets a new high credit rating for its 16th birthday
We recently celebrated WaveCom’s 16th birthday and also the fact that Creditinfo Eesti AS gave us an AA (very good) credit rating.
Creditinfo Rating is a composite rating, which takes into account a company’s payment behaviour as well as economic and financial indicators. An analysis based on several indices and comparison of the financial data for several years allows the company’s future behaviour to be predicted with 98% certainty. For instance, of the companies with the best AAA or AA ratings only one in a thousand will encounter solvency problems during the next year.
For ten years already, Creditinfo Eesti AS has been recognising prosperous Estonian companies with its Successful Estonian Company certification, as excellent (AAA rating), very good (AA rating) or good (A rating).
A high rating recognised by Successful Estonian Company certification is an indication of a strong company. And one can be sure that it will be a reliable cooperation partner that is successfully managed and fulfils its financial obligations.
Only 18% of the companies in Estonia have received an AAA, AA or A rating.