Magnús Arnar Kjartansson, the general director of Icerental4x4, accepted the award. - Photo courtesy of Carwiz.

Magnús Arnar Kjartansson, the general director of Icerental4x4, accepted the award.

Photo courtesy of Carwiz.

Icerental 4x4 is this year's recipient of “The Strongest in Iceland” award, which is based on meeting high standards set by Credit Info, a company that collects statistical credit scores to evaluate the probability of default within the next 12 months of Icelandic businesses.

Beside the high financial standards, Icerental 4x4 has gained points in categories which also include information on the historical score, major statistics, and comparison with other businesses in the same size category and age group.

Each year Credit Info carries out detailed analysis, highlighting Icelandic companies that have achieved top marks for their strength and stability in the market place. Only around 2% of publicly and privately owned companies registered in the Icelandic Company Directory passed the conditions, set out by Credit Info. 

In September, Icerental 4x4 signed a partnership with Carwiz, marking the 14th franchise business placement for Carwiz and the first such franchise in Iceland.

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