CUSTOMER CASE
Lyngholm Kloak avoids bad payers with Risika
A Danish craft business that uses Risika to make smart credit decisions.
ABOUT LYNGHOLM KLOAK
Lyngholm Kloak is a craft business that does sewage work for private individuals and businesses. Like many SMEs, they trade with customers they don't know beforehand.
Industry: Craft / Contractor
Location: Denmark
Size: SME
The Challenge
As a craft business, Lyngholm Kloak often faces customers they don't know:
• New customers: Construction companies, property administrators, private individuals
• Large orders: Sewage work often costs many thousands of kroner
• Risk: If the customer doesn't pay, the money is lost
• Limited resources: No time to research each customer manually
The Solution
Lyngholm Kloak uses Risika Platform to check new customers:
Quick assessment:
Before accepting an order, they check the customer's credit rating in Risika.
Clear decision:
If the rating is good, they proceed. If not, they require prepayment or reject the order.
Time savings:
The assessment takes seconds, not hours.
to assess a new customer
avoided bad payers
based on data, not gut feeling
no manual research needed
"Before Risika, we believed what the customer said. Now we have data to make the decision on. It has saved us a lot of money.
Risika is not just for large companies
Many SMEs think credit assessment is for large companies. But the truth is:
• Loss on one bad payer can be critical for an SME
• Manual research is time-consuming
• Risika makes it quick and affordable
Lyngholm Kloak is an example that even small businesses can benefit from professional credit assessment.
Products Lyngholm Kloak uses
Risika Platform
Simple credit assessment via web platform
Risika Data
Updated company data on Danish companies