Excellent creditworthiness re-certified once more
For the third time, Wippermann has voluntarily undergone the creditworthiness check of Creditreform. The outcome: the company has once more been awarded the CerfoZert, documenting the high creditworthiness of the company.
For the third time, Wippermann jr. GmbH has voluntarily undergone the strict credit rating check of Creditreform for the CrefoZert creditworthiness certificate. At the end of November 2013, the company was again awarded the certificate for its high credit Standing. Since 2011, Wippermann has voluntarily undergone the creditworthiness check by Creditreform.
"We focus on continuity", said Dr. Stephan Gerber, CEO of Wippermann jr. GmbH. "Therefore, we have decided to undergo certification by Creditreform again in the previous year". The criteria for the credit rating check are comprehensive and strict: factors such as method of payment, corporate development and order situation as well as balance sheet figures of the past 10 months are scrutinized by external auditors. "We are delighted to have been able to retain the credit rating compared to the certificate of previous year", said Gerber. The high credit rating index of 147 has again been achieved in 2013. Best possible index is 100; for indices exceeding 275 the certificate will be denied. The company was able to improve the default index: On a scale of CR19 (worst rating) to CR1 (best rating), Wippermann was awarded CR5. According to Creditreform, only approx. 1.7% of German companies fulfil the strict criteria for the certificate. "We are very proud to have been able to once again fulfil the credit rating requirements for CrefoZert", concluded Dr. Gerber.