Credit rating

Before you take on risk, check the company’s credit rating, financial stability, and creditworthiness.

Before you sign — check the credit rating.

The credit rating is a financial “blood test” of the company. With a single grade you get a fast, structured view of the entity’s stability, liquidity, indebtedness, and financial risk.

The “Credit Rating” module enables analysis of the creditworthiness and financial reliability of companies in North Macedonia through automatically calculated indicators, historical trends, and comparison with the industry. Instead of manually analysing complex financial statements, you get a clear assessment of the company’s risk and position.

Analyse the company through:

• credit rating for the latest year
• credit rating history for 5 years
• points and structure of the rating
• more than 30 financial indicators in the calculation
• liquidity and current liquidity
• debt ratio
• days of receivables collection
• profitability and financial stability
• comparison with the industry average
• company position within the industry
• legend and explanation of all grades
• trend of rating improvement or deterioration

Financial stability distilled into one grade

The “Credit Rating” module is based on a methodology that analyses more than 30 key financial and risk indicators, including liquidity, indebtedness, profitability, efficiency, and receivables collection.

The credit rating is automatically refreshed with every new financial statement, providing an up-to-date assessment of the company’s financial condition and business risk.

Industry comparison and risk assessment

Beyond the individual analysis, the module enables comparing the company with its industry average. Users can quickly identify whether the company has better or weaker liquidity, indebtedness, and financial stability than the competition.

The credit rating history for the last 5 years additionally helps track the trend of growth, stability, or deterioration of the financial condition over time.

Expertise distilled into a credit rating

The credit rating methodology was developed from the long-standing expertise of the Target Group credit rating agency, the owner of the Biznis Mreza platform. More than 15 years of experience in analysing companies, financial statements, and business risk are distilled into a standardised rating for companies in North Macedonia.

The module is a key tool for assessing business reliability, financial stability, and creditworthiness.

Who is the module for?

The module is intended for banks, financial institutions, directors, investors, auditors, accounting firms, and companies that want a fast assessment of the risk and stability of business partners.

It is particularly useful for:

• sales on deferred payment
• credit and investment decisions
• financial risk analysis
• checking business partners
• tracking company stability

One grade. The complete financial picture.

In business, the most important decisions are not made on assumptions, but on a realistic assessment of risk and stability.

Before you decide — check the credit rating.