North Sailing one of Iceland‘s Strongest Companies – the second year in succession
Creditinfo has completed a detailed analysis, which displays Icelandic companies that have achieved top marks in its strength and stability assessments. North Sailing is proud to be one of the Strongest in Iceland.
Of the 33,000 companies registered in Iceland Company Directory, only 462 meet the requirements set by Creditinfo in order to receive the award of being one of Iceland‘s Strongest Companies.
Certification such as this is widely recognized in countries around the world, but in larger economies the conditions for the awards are not as strict as those in Iceland.
Creditinfo believes that in smaller economies, it is more important to assess a company’s strength through the stability of their operation performance over time, as opposed to only one fiscal year. This long-term assessment prevents the inclusion of companies that cannot withstand market fluctuations, such as was the case in the 2008 economic collapse.
Further information about Creditinfo’s strength and stability assessments can be found HERE.