Features
MORE Score
Our MORE evaluation assesses the level of a given company's financial health, by using their financial statements data.
A Credit Score is an evaluation of the financial and economic quality of a company, assigned observing and studying the major risk factors.
Our MORE assesses the level of a given company's financial health, by using their financial statements data.
MORE Methodology
The approach underlying the MORE methodology for assigning a Credit Score consists of thoroughly analyzing a series of economic and financial indicators to assess the company's fundamentals and consequently assign, with the greatest possible accuracy, a Credit Score that represents its solvency level.
The Credit Score is determined using a variety of innovative numerical methods, integrated with the most modern economic and financial theories, in order to give an assessment of the credit risk that is as consistent and transparent as possible.
The core of the MORE model is a multi-dimensional and multi-objective algorithm that aggregates in a coherent way the various aspects (quantitative, qualitative, economic and financial) of the analyzed company.
Please note that the measure of creditworthiness included in modefinance's s-peek is not a "credit rating" as defined in accordance with the EU Regulation N. 1060/2009.
In producing its creditworthiness assessments, modefinance collects and processes only public information (related exclusively to companies and not to any personal data) in accordance with current Italian law and the license obtained.
modefinance does not acquire any sensitive data or information covered by industrial and trade secrets.
The evaluations issued by modefinance through the MORE methodology are validated at predefined intervals to ensure their actual accuracy.
FLASH report
The FLASH report is the first paid report available within s-peek, and contains the following information:
- MORE Credit Limit
The amount of credit you can expose in one year to this company, with a detailed evaluation of the annual commercial credit allowable. - MORE Score
The vision of the MORE Score is to observe the economic and financial fundamentals of a company, evaluating every aspect of the business to determine the equilibrium among different characteristics. The main idea of MORE methodology is that the company must be balanced in each of its aspect: the better the economic and financial equilibrium, the higher the rating assigned. - Analysis of the Credit Score assigned
A brief analysis of the Credit Score assigned using our color-coded system, based on solvency, profitability and liquidity. - Comparison with other companies in the same field
Access to rating, solvency, liquidity and profitability data, as compared to the previous three years and average values of other companies in the same sector.
Extended12M report
Within the Extended12M report, you will have everything provided in the previous FLASH report (MORE Score, credit limit, comparison with the sector over the last 3 years) and, in addition:
- Corporate registration information
This section provides all the contact details of the company, its legal form, its sector, if it is listed or not and its current state. - Turnover
To understand the company's size. - Profit/Loss
To understand the company's profitability. - Equity
A useful piece of information to evaluate a company's solidity. - Total assets
It allows you to know, by comparing with the shareholders’ funds, the company's level of indebtedness.
By choosing the Extended12M report, you have access to the maximum amount of information available, to fully understand a company's health.
Credit Limit
We calculate the company's credit limit, or how much you can expose with it in a year.
We evaluate the annual commercial credit which may be given to the company.
modefinance calculates the company's credit limit based on the following factors:
- Size.
- Years in business.
- Average number of suppliers.
- Funds dedicated to be paid to suppliers.
- Liquidity and a comparison with the sector.
- Ability to repay debts (the MORE Score).
Report as a PDF
All reports are downloadable as PDF, so you can have them whenever you want, wherever you are, even if you are not online!
Portfolio
Keep track of the updates regarding the companies that may interest you. Through an easy internal search engine you can choose among 25 million companies and keep an eye on them in your profile.
You can see all the companies you are scanning or the ones you purchased a report of.
For each chosen company you can see:
- The MORE Score assigned.
- The type of report you purchased (FLASH or Extended12M).
- The label assigned
- Some company's registration information.
All European companies
Our database covers all the Italian enterprises and over 25 milion companies within the EU.