Bankruptcy analysis

A bankruptcy analysis has several meanings, but what they have in common is that they both process and analyze actual or expected bankruptcies among Danish companies.

A traditional bankruptcy analysis

A traditional bankruptcy analysis is carried out regularly by various media outlets, credit agencies, debt collection companies and others with an interest in the business world.

The information typically comes from Statistics Denmark or similar sources, where the analysis focuses on a specific industry, a specific type of business or similar.

This means you can find updated bankruptcy analyses from newspapers, credit bureaus or accounting firms, for example - where a summary of bankruptcies for a specific month, a specific industry or similar may have been compiled.

In other words, bankruptcy analysis helps provide a picture of the current situation in a particular sector, industry or industry - which can then feed into a larger view of business in general.

That's why there were also many bankruptcy analyses around specific events, such as financial crises and the corona pandemic, where the purpose of bankruptcy analysis was to shed light on the consequences of an event.

Bankruptcy analysis as a tool

There are a number of good tools for bankruptcy analysis available today - which can be used as a tool if, for example, you perform credit assessments of your customers - or collect relevant information about your customers in other ways.

For many companies, for example, it can be very useful to be notified if a customer goes bankrupt, goes into receivership or similar.

A bankruptcy analysis tool can help enrich your customer database, but also help avoid losses on debtors - if your business has time to act on the information.

If you receive information about significant changes in a customer's financial situation, you can react to it - for example, restricting credit, credit periods, etc.

What are important factors in a business analysis?

There are many factors that can be important when conducting a business analysis.

One parameter that is especially essential if you have an ongoing relationship with the company is the changes that continuously happen to a company throughout its lifetime, such as annual reports, change in management, change in the executive board or the status of the company; normal, under bankruptcy, under compulsory dissolution, etc.

These conditions can have an impact on your ongoing collaboration - and thus also affect the company's ability to pay, etc.

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With Qatchr, you get a tool that gives you insight into your customers - both private and corporate.

An insight you can use in your credit policy and not least your general understanding of your customers; who owns the company, who is on the board, etc. You also have the option to subscribe to the information so you always get updates when an important customer makes changes.