The Confederation of Danish Industry and Finance Denmark have compiled a check list with 10 points, which companies can use as a starting point for i.e. drafting company’s finances with the board of directors, bank and/or accountant.
The 10 points focus on the areas that banks primarily look at when carrying out a credit assessment of your company. The check list gives you the chance to be proactive and ensure that you approach your accountant or bank before the bank approaches you.
However, the check list can also be used to give a company and its board of directors an overview of the company’s finances, liquidity and need for financing in the short and long term. In this way, it can inspire the way in which your company should act in a fluctuating market.