Cybernetica obtained an "AA" credit risk rating

Cybernetica obtained an "AA" credit risk rating

Based on the 2011 results, Cybernetica AS was issued a credit risk rating "AA" ("very good") by the assessor Krediidiinfo Ltd, an Experian company. This result is positioning Cybernetica among the top 10.9% (10.2% at "AA" and 0.7% at "AAA") of successful Estonian enterprises, characterized as follows:

Business risk of the company is low. Economic situation is good. Net sales decreased last year, but the level of sales is high. Profitability is good. Amount of equity is very high. Registered capital has maintained the same level if compared to the last annual statement. Financial situation is excellent.  Payment habits are positive.

The Krediidiinfo rating is determined as a consolidated value of the business rating, financial and payment habits' rating of the company. Ratings are divided into seven categories: excellent (AAA), very good (AA), good (A), satisfactory (BBB), poor (BB), weak (B), and unsatisfactory (C). For comparison, distribution of companies in Estonia based on the rating categories is shown on the scale below.

 

The Certificate is available here.