QUESTIONS AND ANSWERS
Here you will find answers to the most frequently asked questions about our services. If you do not find an answer to your question, do not hesitate to contact us.
Decision Limit
Decision Limit estimates the recommended maximum credit a company should be granted.
Credit limits are estimated for the following forms of business organizations: Ltd., PLC, Limited Liability Company, House building Cooperative / Housing cooperative, Mutual Insurance Company and Savings bank - providing they are in zone 3, 4 or 5.
Decision Limit uses zone, turnover and equity as variables, and supplements Decision Score Company. Through increased security, Decision Limit helps the subscriber grant the right amounts of credit to the right customers.
Uncritical use of the model is not advised. There may occur instances where it can be defensible to exceed the recommended maximum credit, or where the recommended credit is too high.
When the limit of a new business in zone 3 is estimated, it is based on size of the company's share capital.
All public forms of business organization have a fixed limit of NOK 1 000 000
Forms of public business organization:
FKF | County administrational business |
FYLK | County authority |
KF | Municipal enterprise |
KIRK | Church council |
KOMM | Municipal |
ORGL | Organizational Link |
SF | Government-owned Enterprise |
STAT | The Government |
IKS | Intermunicipal enterprise |