Veritas receives Creditinfo's award for 2022

Veritas stands strong and receives the „Strongest in Iceland“ award from Creditinfo (Iceland’s leading local credit information provider) for the tenth year in a row.

In order to be considered excellent, companies must meet strict criteria, which are listed below:

• The company is in credit rating category 1-3
• Annual accounts must be submitted on time according to law
• Has submitted annual accounts to RSK (Iceland Revenue and Customs) for the last three years
• The company is active according to Creditinfo‘s definition
• Operating income of at least 50 million ISK for the last three years
• Companies with an operating income of over 10 billion have to fill out a sustainabilty questionnaire
• Managing director registered in RSK‘s company register
• Operating profit (EBIT) positive for the last three years
• Annual result positive for the last three years
• Equity ratio of at least 20% for the last three years
• Has at least ISK 100 million in the last three years