Certificates

2014-07-31
Certificates
UAB "AD Baltic" awarded with a certificate "The Strongest in Lithuania 2013"

 

 

About "Stipriausi Lietuvoje"


„Stipriausi Lietuvoje 2013“ ("The Strongest in Lithuania 2013") and „Stipriausi Lietuvoje Vadovai 2013“("The Strongest CEO in Lithuania 2013") – are certificates confirming that the company and the company manager are reliable, fulfil and are very likely to fulfil their financial obligations in the future.

Situation in the business market. Delays in pay are characteristic to all economic cycles. For the credit bureau “Creditinfo”, the solvency of a company is more than its financial situation. A solvent company is a company that combines its favourable financial results with respect towards its providers and other business partners and which is willing to control its payment processes. They help such companies to demonstrate its advantage against their competitors. By applying the most advanced econometric methods, which are constantly improved, and basing their work on the strictest criteria, they issue certificates "The Strongest in Lithuania", signifying good solvency.

These certificates can demonstrate financial stability and reliability of the company. The company or a manager that have been certificated can prove to their current or potential business partners or clients that they are financially reliable and capable of meeting their financial obligations in time.

How the strongest ones are evaluated? The most important criterion awarding the certificates "The Strongest in Lithuania" and "The Strongest CEO in Lithuania" are high rates of solvency, which indicate the forecast of low statistical probability not to meet the financial obligations for 90 or more days in the upcoming period of 12 months. Company solvency is evaluated and its rank is determined on the basis of the credit history (financial obligations and payment history), financial results and the changes thereof (income, profit, liquidity, equity capital, etc.), business connections, also the seizure of assets and other information.