We are happy to be nominated as Strongest in Lithuania 2020 for the 10th year in a row.
What the Strongest certificate stands for
Strongest in Lithuania certificate confirms that the company is reliable and is very likely to fulfill its financial obligations in the future. The certificate indicates the good economic position and financial results of the company, as well as its proper payment discipline. This is proof of the contribution to the development of the Lithuanian economy and honest business culture.
How the Strongest ones are evaluated?
The most important criterions awarding the Strongest in Lithuania certificate are high rates of solvency, which indicate the forecast of low statistical probability not to meet the financial obligations for 90 or more days in the upcoming period of 12 months. Company solvency is evaluated and its rank is determined on the basis of the credit history (financial obligations and payment history), financial results and the changes thereof (income, profit, liquidity, equity capital, etc.), business connections, also the seizure of assets and other information.
Certification of companies Strongest in Lithuania Leaders additionally assess 5-year credit history. This certificate indicates that your company has managed to maintain its proper payment discipline for five consecutive years and that you are a trustworthy partner.