The product in general
CreditReports.dk gives a view about the financial state of a business and the probability of credit default and bankruptcy. The report also offers an abundance of other information, such as a credit limit recommendation, key ratios and industry comparisons. The models in use are constantly trained with new data and relevant information in order to obtain as accurate estimates as possible.
Behind the technical implementation of CreditReports.dk is a software company founded by a team of former equity and credit risk analysts. They deliver credit risk and equity research solutions and systems to credit institutions, stockbrokers, investment banks, private equity companies and asset managers worldwide.
The model used in the credit risk report is built using machine learning. It offers the possibility to optimize the prediction of a credit default and to estimate risk levels as accurately as possible.
Features
The CreditReports.dk report includes the information needed for making good credit decisions
- Bankruptcy Risk
- Credit Rating with history
- Credit Score
- Credit Limit Suggestion
- Company Overview
The report provides a Credit Rating in grade-letter form as well as a Credit Score in a scale from zero to hundred.
In addition to the standard credit risk information, the report includes
- Financial Statements
- Key Financial Ratios
- Industry Comparison
In addition to the credit risk report, CreditReports.dk offers users the possibility to make use of an online platform. On the Platform the user can, for example, edit estimates for the financial figures to be printed on the risk report. There is a possibility to generate automated estimates for future years. The user can also make comparisons, e.g. between companies from a specific industry. The platform includes data from over 400 000 Danish companies. See the example of the Netcompany Group A/S company view here https://companies.creditreports.dk/en/companies/359708/ or search for any other Danish company in our business directory: https://companies.creditreports.dk/en/.
Pricing
The product is currently in a beta phase, during which unlimited amount of reports are free. When the beta phase ends, three reports per month will still be free.