Rating Company
Rating Company shows a company's credit rating.
Rating Company
Rating is used to find out a company's credit rating. The service provides answers about a company's rating and a recommended limit, a so-called credit limit.
Limit is a benchmark that calculates the total outstanding credit amount that a company may have outstanding to all suppliers at any given occasion.
Available countries
Sweden
Available in
Related services
Common use-cases:
- Automated credit decisions
- Simplify credit application management
- B2B customer onboarding
Rating & Limit Explained
Rating
The scoring model has an assessment scale of 1-100, divided into five risk intervals, where each increased score (points) means a reduced risk. The rating forecasts the probability of insolvency within 12 months.
Companies with low risk of insolvency are categorised into high rating and companies with high risk receive a lower rating.
| Rating interval | Category |
|---|---|
| 80 – 100 | Very low risk |
| 60 – 79 | Low risk |
| 40 – 59 | Medium risk |
| 15 – 39 | High risk |
| 1 – 14 | Very high risk |
Limit
The limit is a benchmark that calculates the total outstanding credit amount that a company may have outstanding to all suppliers at one and the same time. The limit is calculated on the basis of the company's turnover depending on the rating interval.
80-100 – limiten is max 6 % of the turnover.
60-79 – limiten is max 5 % of the turnover.
40-59 – limiten is max 4 % of the turnover.
15-39 - limiten is max 0,4 % of the turnover.
Roaring API for rating and credit limit returns the following response.
- A company rating point between 0 – 100
- Rating referred to in text within five different intervals.
- Credit limit, which is a benchmark.
Note: In some cases a rating can not be returned, if so, an explanation will be given.
Example response:
{
"commentary": "string",
"companyId": "string",
"creditLimit": 0,
"currency": "string",
"rating": 0,
"ratingText": "string",
"rejection": {
"causeOfReject": "string",
"rejectComment": "string",
"rejectText": "string"
},
"riskPrognosis": "string",
"status": {
"code": 0,
"text": "string"
}
}
{"message":"For Developers!"}
Try the API in our sandbox environment. It's free.