EFLA outstanding sixth year in a row
EFLA receives the title strongest in Iceland for the sixth year in a row, according to Creditinfo.
Creditinfo has completed a detailed analysis, which displays Icelandic companies that have achieved top marks in its strength and stability assessments. Of the 35,842 companies registered in the Icelandic Company Directory, only 682 pass the conditions set by Creditinfo in order to receive the award of being one of 'Iceland's Strongest Companies'.
EFLA consulting engineers is proud to be amongst the strongest in Iceland, and to have credited for the sixth time in a row. That leaves EFLA among 99 other companies that have received the title Strongest in Iceland, every year since the certification began. EFLA is also ranked highest among engineering firms in Iceland this year.
Responsible operations, financial strength and stability of the operations are important to the businesses, their customers, the economy and society as a whole. EFLA is therefore very proud of the company's success and the recognition to be considered an outstanding company. This performance is achieved with a great staff and a stable and successful collaboration with our fine customers.
EFLA wishes to use the opportunity to thank the company's customers at home and abroad the trust that the company has been shown, and to thank the staff for their excellent performance. We look forward to the continued cooperation.
The criteria are:
• Confirmed financial statements for the three years straight with the Directorate of internal revenue
• Less than 0.5% probability of defaulting debts according to CIP Risk Assessment
• Positive operating profit (EBIT) for three straight years
• Positive operating net profit for three straight years
• Equity ratio is 20% or more for three consecutive years
• Total assets exceed ISK 80 million for three consecutive years
• CEO is listed in the national Registry of Enterprises
• The company is active under the definition of Creditinfo