Cinnober has, for the tenth year in a row, received the AAA rating, which renders the company a Silver Triple A diploma in solidity.
The AAA is the highest achievable award for creditworthiness. In Sweden, only 0.49% of all limited companies have been awarded this certificate, which means only 1,848 companies out of the total of 377,823.
The credit rating company Soliditet, Scandinavia’s leading provider of credit and business information, is the initiator behind these awards.
“I’m very pleased that we received this significant award,” says Veronica Augustsson, CEO of Cinnober. “It is evidence of the quality of our business operations and provides important and positive signals to the market about our credibility and solidity.”
Only limited liability companies can hold the AAA (Triple A) rating. The company must also have been trading for at least ten years, have a turnover exceeding SEK 2 million and be able to show financial ratios well in excess of the industry’s average. etc.