Scope of credit analysis by OeKB
The credit assessment of a green energy trader comprises the evaluation of its complete situation in terms of its business, legal (company-law), financial and personnel position.
The credit analysis is based especially on the metrics in the list below, as well as the prior two fiscal years’ audited annual financial statements, including the associated notes and management reports.
For the purpose of ongoing credit surveillance, traders must deliver, annually, their latest annual financial statements, including the notes and the associated management report, no later than six months after the end of the fiscal year. Where this requirement is not met despite a written reminder, the trader is automatically assigned the poorest credit rating.
After the credit analysis, a credit rating is assigned (a risk category ranging from 1 to 5, with 5 being poorest). If no appropriate data is available, a rating of 5 is automatically given.
Specific financial data relevant to the credit rating
- Solvency ratio
- Return on investment
- Cash flow for the purposes of the Corporate Reorganisation Act (CRA) as a percentage of sales
- Notional debt repayment period under the CRA