Key Figures

Here, we provide information on the business development of Krückemeyer GmbH. By providing you with our solvency index according to Creditreform, we give you insights into our credit rating, and hence our financial solvency. You’ll find a detailed explanation of the term solvency index according to Creditreform in the lower section. We also present the positive turnover growth of the last few years, with a slight increase number of employees.

Creditreform-solvency index

Hinweis: Detaillierte Informationen über Krückemeyer finden Sie unter www.bundesanzeiger.de

After analysing tens of thousands of records of insolvent, solvency endangered and solvent companies of all sectors, Creditreform, with scientific support, has developed a method that summarises the creditworthiness information of a business report into an automated risk figure. 15 different criteria are considered with differing weighting and classification to calculating an informative solvency index.

  • Method of payment
  • Creditworthiness
  • Corporate development
  • Order book
  • Legal structure
  • Sector
  • Company age
  • Revenue/overall performance
  • Productivity/revenue per employee
  • Number of employees
  • Equity
  • Capital turnover
  • Company’s method of payment
  • Payment behaviour of the company’s costumers
  • Shareholder structure

In simple terms, it can be said that – depending on the type of business and the situation in the sector – the method of payment has a 20% to 24% weighting, and the individual creditworthiness determined by Creditreform has a 25% to 30% weighting, in the solvency index.  The creditworthiness value is based on personal impressions of the company, or the people taking out credit, as well as their previous business conduct, following the principals of granting credit, that every loan is a personal loan.

The revenue and finance data have a roughly 25% weighting and the structural form of the company 10% to 15%. The remaining 10% to 15% of the weighting is based on the overall situation in the sector, and the size of the company.

From the weightings and the risk classes of every criteria, the computer based system determines a solvency index, that provides a direct assessment of the risks, and can be compared to school grades marked to two decimal places. The prognosis or accuracy is best seen in the risk of default.

The percentages given below give the likelihood that, within one year, a firm will change from its current index to the worst level (600 - insolvent), assuming it is based in Austria.

Solvency index Ranking

0 00                       No ranking

100 - 149              Excellent solvency rating

150 - 200              Very good solvency rating

201 - 250              Good solvency rating

251 - 300              Average solvency rating

301 - 350              Weak solvency rating

351 - 499              Insufficient solvency rating

500                       Business relationship rejected

600                       Insolvency procedure

 

Probability of default according to Basel II criteria

Solvency index, probability of default

100 - 150 rating class 1     0,11%

151 - 190 rating class 2     0,35%

191 - 222 rating class 3      0,56%

223 - 260 rating class 4     1,21%

261 - 294 rating class 5     2,43%

295 - 322 rating class 6     3,91%

323 - 360 rating class 7     8,23%

361 - 390 rating class 8    14,49%

Ab 391 rating class 9         17,54%