KWH Group is still one of Finland’s Strongest companies according to a credit classification by Suomen Asiakastieto. Therefore, we have been granted the Strongest in Finland Platinum certificate with the best AAA (excellent) rating.
Only 12 % of the Finnish companies fulfil the strict criteria the Strongest in Finland certificate. A company is allowed to use the Platinum certificate only when it has belonged to the highest Rating Alfa credit rating category (AAA or AA+) at least for three years. We have belonged to the highest category already for seventeen years, ever since 2007. Only around 2% of companies rated by Rating Alfa get an AAA rating.
The certificate is a sign of the KWH Group’s solid development that has lasted already for years. Financial figures, background information and payment behaviour work as a basis for the credit classification. A high credit classification tells our stakeholders that cooperation with us is on a steady foundation. For example, companies with an AAA or AA+ rating have a default risk of only 0.6% over the next 12 months, compared to 67.5% for the two lowest rated company classes.
The classification is granted by Suomen Asiakastieto Oy. The classification covers more than 700 000 business IDs and LEI codes. The scale has seven levels: C (fair), B (poor), A (satisfactory), A+ (satisfactory +), AA (good), AA+ (good +), AAA (excellent).