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Tavex AB continues to retain its AAA rating once again

Published by juha in category Market Insights on 18.09.2018
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What is AAA -credit rating and who gives them out?
Bisnode is a third party, independent credit rating company that offers decision support in the form of digital business, marketing and credit information. Founded in 1989, Bisnode is present in 19 European countries and has its headquarters in Stockholm, Sweden. It combines and analyzes credit, business and market information about different companies to enable customers make accurate and reliable decisions.

What does AAA credit rating mean for Tavex customers?
With the advance of technology, an increasing number of customers are choosing to make their purchases online. It has become convenient for potential customers to shop without leaving their house through the convenience of their smart-device.

Additionally, there are several different companies operating in different business lines and there is a plethora of information about them on the internet from different source such as:

  • Swedish Company Register
  • District courts
  • County boards
  • SCB (Statistics Central Bureau)
  • Tax Authority
  • Enforcement Authority
  • SPAR Register (State Personal Address Book) and more…

How does an end consumer then make sense of this vast information and make an informed and reliable decision? Here comes in Bisnode, a company that provides business, market and credit information. Bisnode gives out credit ratings and Tavex AB has AAA -the highest credit rating since 2016. This means that Tavex AB is reliable and business is done according to the law and it is an emblem of trust.

As per Bisnode, in order to get AAA rating, a company needs more than 2 million sales, has been operating for at least 10 years and has key ratios that are significantly above the industry average. If any of these requirements are not met, the company will receive AA (good credit rating) or A (creditworthy).

Thus Tavex AB’s AAA certificate verifies reliability, credibility and minimum risk in the cooperation for customers. Furthermore, it adds to the fact that Tavex is a reliable business partner in sound financial health.

Welcome to Tavex AB! We look forward to serving you soon!

AAA -credit rating = Trust and reliability.

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