Credit Report

CREDIT REPORT DESCRIPTION

See example

This product provides the most relevant commercial, business, economic and financial information needed to decide whether to grant or deny a credit grant.

axesor's Credit Report provides you with the largest information source on delinquency in the Spanish market on more than 95% of Spanish defaults comprising both information on debts with Public Administration, as well as that obtained from the main Spanish delinquency files ASNEF Empresas (Association of Financial and Credit Institutions) and RAI (Bad Debt Register).

This report guarantees the latest financial information available in the Registry of Commerce. If we still had this information unprocessed, we would obtain and analyze it, and deliver it to you the report with all the updated information on the scoring, default probability and Maximum Solvency Capacity, in less than 2 business hours* at no additional cost

*Average estimated time period. Conditional on the individual processing times of each Trade Register.

PRODUCT CONTENT

Inclusion of Asnef Empresas

Inclusion of the information of Bank and Commercial Default from Asnef Empresas.

It allows you to obtain the most updated, complete and exhaustive information in real time, which proceed from different public and private sources:

The most exclusive information is available with the maximum number of detail on information of non-payments:

Asnef Empresas recalculate immediately the information about the Non-payment probability, Credit Category and Maximum Solvency Capacity.

Inclusion of the Bad Debt Register information RAI

This feature allows you to follow in real time:

Executive Summary

Activity

Scoring axesor

Assessment of the credit quality expressed in terms of a scale of 0-10, sorted in ascending order (from lowest to highest quality).

The meanings of the various levels of credit rating granted by axesor are the following:

Scoring Comment
10/10 Maximum credit quality. Excellent Company capacity to meet its payment obligations. It is reliable as regards timely payment of future financial obligations.
9/10 It has a high capacity level to meet its credit obligations, even in the event of any potential changes in the financial environment.
8/10 Strong capacity to meet its credit obligations. However, this scoring may deteriorate in the event of moderately adverse changes in the financial environment.
7/10 More than adequate capacity to meet its financial obligations. However, this capacity has a higher probability to deteriorate in the mid-long term than in higher categories.
6/10 Adequate capacity to meet its financial obligations.
5/10 Although its capacity to meet payment obligations shows no difficulties at present, it may not last for long.
4/10 Low capacity to meet its financial obligations. It depends on a favorable financial environment.
3/10 Poor credit scoring. Its capacity to repay its financial obligations is uncertain. High probability of failure to meet some of its obligations. High sensitivity to financial environment changes.
2/10 Very poor credit scoring. High risk of stopping or interrupting payments.
1/10 Very close to insolvency. High risk of payment failure.
0/10 (default) Under default status We recommend avoidance of executing credit operations with this company due to the high risk and uncertainty entailed in the operation.
0/10 (inactivity) Null scoring We recommend credit operations are not conducted with this entity due to the high degree of uncertainty entailed in the operation.
NC Not qualifiable.

The assignment of axesor scoring was made using the best market practices based on different methodologies, depending on the availability of the annual financial statements of the companies. For companies that do not have balance sheets and income statements, this figure is based on off-balance objective variables. For companies that do have balance sheets and income statements, this figure is based on off-balance and balance sheet objective variables.

The conclusions offered are determined based on multiple variables of different nature (commercial, financial, payment behaviour, relational, etc.), which are updated daily and in real time.

Estimated Default Probability

Section showing the probability that the company queried will not be able to meet the business obligations it takes on over the next 12 months, as well as a comparison against the average probability within the sector.

The Estimated Probability of Default should be interpreted as the number of companies (with similar profiles to that of the company queried) whose loans have turned non-performing or delinquent, as a percentage of the total number of companies.

Credit Opinion

Defaults, Legal Claims and Insolvency Proceedings

NOTE: If you consider that the data regarding defaults published in the ASNEF Companies and RAI default file shown in this report are incorrect or out-of-date, please note that the sole entity authorized to exercise any claim on the entity managing the file is the debtor.

Accounts deposit

Abstract of Annual Accounts pursuant to the New General Accounting Plan

Current detail, and evolution in the past 3 fiscal years available, of the main accounting aggregates in Assets, Equity, Liabilities and Profit and Loss Accounts, adapted to the new accounting standards.

This section, unique in the market, will allow you to:

Abstract of Annual Accounts pursuant to the General Accounting Plan of 1990

Current detail, and evolution in the past 3 fiscal years available, of the main accounting aggregates in Assets, Liabilities and Profit and Loss Accounts, pursuant to the General Accounting Plan 1990.

This section, exclusive of axesor, will show you the year-to-year evolution of the main financial magnitudes of the Company, in the traditional Spanish fashion, pursuant to the already repealed accounting concepts in the General Accounting Plan of 1990.

Economic-financial Ratios essential to awarding credit

It contains the main Financial Ratios and Magnitudes of the Company in the past 3 fiscal years available. It offers an overview of the Company's economic and financial standing and its recent evolution.

Bindings

It contains the current and historical commercial network statuses and the business relationships among the various companies in order to obtain constant information:

The information on the subject "connections" allows accessing to the general list of entities linked or related to the subject company. In this way, the following is obtained:

Mercantile Information

This section includes the main mercantile information of the company, in order to see and understand easily the mercantile evolution.

Furthermore, you will be able to analyze the situation, path and relevancy of each Social Organs or the director of the consulted company and the others companies which are related to this one:

Sectors of interest that have queried this Company

The number of the economic activity divisions that have demanded information on the company is indicated.

NOTE: The existence of each section and its content will depend on the availability of the information published

NOTE: Some information may appear in Spanish due to the fact that it was taken from an investigation

SOURCES AND UPDATE

The content of the product included in the line "Company information" comes from official sources (registries and gazettes), credit bureaus (ASNEF Empresas and RAI (Bad Debt Register)), with daily updates, and from business investigation of the company involved.

PATH

Company information / Company Reports / Credit Report

NOTE: The sections included will be contingent on availability of the relevant information for the queried Company.