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CDS - CompanyData Score

The CompanyData Score is a financial health assessment giving you a quick overview of a company's financial condition and risk profile.

Score scale (0-100)
94-100
Excellent
Very strong financial position and a clean record across all data sources. Only about one in ten active companies achieves this rating.
86-93
Good
Solid fundamentals with minor weaknesses.
65-85
Normal
An average company — or one with limited data available.
40-64
High risk
Multiple warning signs, e.g. weak solvency, sustained losses or missing filings.
0-39
Critical
Severe financial distress, distressed status or insiders with a significant bankruptcy history.
Data coverage (confidence)

Alongside the score we always show how much data the assessment rests on. Two companies can have the same score on very different foundations — the confidence level tells you how much weight to put on the number.

High
Recent financial statements, audit information and ownership data are all on file. The score has a solid foundation.
Medium
Some data sources are missing or ageing. The score is indicative, but consider reviewing the company's latest financial statements as well.
Limited
The company publishes few or no financial statements — typical for sole proprietorships and newly founded companies. The score rests mostly on registry data and can reach at most the Normal rating.

Treat scores with limited confidence as a starting point for your own assessment — not as a final verdict.

What affects the score?

The score is built on five pillars. The weight shows each pillar's importance when all data is available — if a data source is missing, its weight is redistributed to the remaining pillars instead of being guessed.

Financial position
30%
Solvency ratio
Equity relative to assets, assessed against the company's industry.
Liquidity
The ability to cover short-term obligations. Debt-free companies are rewarded.
Cash position
Cash and bank deposits as a share of assets.
Earnings
20%
Return on assets
Net result relative to the company's assets — computable for virtually all companies, including those that don't disclose revenue.
Loss history
Several consecutive loss years weigh the score down; a single weak year counts less.
Interest coverage
Whether earnings can carry the company's financing costs.
Conduct and filings
15%
Timely filing
Late or missing annual reports are among the strongest early warning signs.
Audit opinion
An unqualified opinion is best; qualifications and going concern remarks pull the score down.
Auditor continuity
Frequent auditor changes can indicate disagreement over the accounts.
Stability
10%
Company age
Established companies historically carry lower risk.
Leadership continuity
Many departures from management and the board within a short period pull the score down. New hires don't count against it.
Insider track record
25%
Bankruptcy history
Bankruptcies and forced dissolutions at other companies where the current owners and directors were involved when things went wrong — even if that company is closed today.
Fair weighting
Events are weighted by recency, ownership stake and portfolio size. Voluntary closures don't count against anyone, and old events gradually expire.
Credit recommendation

On top of the score, Pro users get a concrete credit recommendation: an indicative maximum for trade credit and recommended payment terms. The recommendation reflects the company's equity, working capital and earnings — scaled by the score.

  • An amount and payment terms, e.g. "max 150,000 kr · net 30 days".
  • 0 kr — prepayment advised when the company is distressed, has negative equity or a high-risk rating.
  • No recommendation when the data foundation is too thin — we don't guess.

The recommendation is indicative and based on publicly available data. It does not constitute financial advice.

Critical warnings

Certain conditions cap the score directly, regardless of how well the company otherwise performs:

Under bankruptcy or dissolved after bankruptcy
Score set to 0
Forced dissolution or reconstruction
Score severely capped
Liquidation or dissolved
Score capped
Going concern qualification from the auditor
Significant reduction
Negative equity
Score capped
No published financial statements
Can reach at most the Normal rating
Validated against reality

The methodology is calibrated against actual bankruptcy outcomes in Danish business. In our latest validation, the share of subsequently bankrupt companies in the lowest rating was more than 70 times higher than in the highest rating.

Update frequency

The CDS updates automatically whenever the company's data or ownership changes, or new financial statements are published.

Disclaimer
  • The CDS is for informational purposes only and does not constitute financial advice.
  • The score is based on publicly available data and cannot replace thorough due diligence.
  • We always recommend seeking professional advice for important business decisions.
  • companydata.dk accepts no liability for decisions made on the basis of this score.

The CDS is a PRO feature. Upgrade to access scores for all companies.

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