Cybernetica obtained an excellent "AAA" credit risk rating
Cybernetica obtained an excellent "AAA" credit risk rating
Based on the 2010 results, Cybernetica AS was issued a credit risk rating "AAA" ("excellent") by the assessor Krediidiinfo Ltd, an Experian company. This is a remarkable achievement, positioning Cybernetica among top 8.5% (7.9% at "AA" and 0.6% at "AAA") of successful Estonian enterprises, characterized as follows:
Business risk of the company is very low. Economic situation is excellent. Net sales have increased during last year, 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 and the 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), unsatisfactory (C). For comparison, a spread of companies in Estonia is given on the scale, based on the rating categories.
Last year Cybernetica held an "AA" rating.
