Third Creditreform solvency certificate for FLAVEX Naturextrakte GmbH
Creditreform Saarbrücken has again granted us the renowned CrefoZert solvency certificate. It underlines our solid financial basis and stability as well as the safety-oriented corporate policy of FLAVEX Naturextrakte GmbH.
At the on-site meeting in Rehlingen, Mr. Daniel Hagelstein, customer consultant at Creditreform Saarbrücken, presented the results of the rating to FLAVEX, represented by Dr. Gerard, one of the two founders of the company, and the two managing directors – Mr. Patrick Gerard and Dr. Mario Klein.
Mr. Hagelstein once again pointed out the special value of the certificate: “With our CrefoZert creditworthiness seal, our members have objective proof that they are a reliable and trustworthy partner for the establishment of a long-term business relationship. After all, solid financial structures are the basis for a business model that will remain successful in the future.”
The certification proves that a company permanently meets Creditreform’s precisely defined and strict criteria. These include the Creditreform solvency index value between 100 and 249 for an initial positive audit result. Furthermore, current and complete annual financial statements are also checked separately. Particular attention is paid here to the completeness of annual financial statements with assets, liabilities, income statement and appendices. The certification is based on a professional analysis of the annual financial statements by Creditreform Rating AG, a BaFin-certified subsidiary of the Creditreform Group in Neuss. This is supplemented by data from the current credit report and assessments of the company’s current situation and future prospects, which are determined in a personal survey. Only about 2% of companies in Germany meet the criteria of the CrefoZert!
The Creditreform rating must mandatorily show a balance sheet creditworthiness between CR1 and CR7. FLAVEX Naturextrakte GmbH achieves the very good rating of CR1 with 165 points!
This makes us one of the best rated companies in our region. The results prove our creditworthiness as a business partner and also supports us in the pre-financing of raw materials and extracts.
The certificate is valid for one year, provided the criteria is continuously fulfilled. The current status is available at www.creditreform.de/crefozert.
You can find the current CrefoCert here.
On 13 September 2022, the presentation of this year’s CrefoZert Awards took place at Schloss Halberg in Saarbrücken. Dr. Carsten Uthoff, Managing Director of Creditreform Saarbrücken, presented the award to Dr. Klein, one of the two managing directors of FLAVEX Naturextrakte GmbH.
You can find the complete press report on the homepage of Creditreform Saarbrücken.