General questions

No, the establishment does not disclose financial statements, auditor opinions, or shareholder information on its website.

The answer should be “Yes” if the establishment owns other entities such as other companies, stores, factories, etc.

The answer should be “Yes” if the establishment has a department that monitors, analyzes, and identifies potential risks, and works to avoid or reduce their impact, such as financial collapse risks. This department also assesses the feasibility and risks of the establishment’s projects.

Yes, compliance levels are reported, including meeting minutes, financial, and technical reports related to the establishment.

It refers to the number of days the company takes to convert inventory into sales. (Note: the original Arabic phrase “تصنيف المخزون” likely refers to inventory turnover/selling.)

It refers to the number of days the company keeps inventory before it is sold.

It refers to the number of days the company takes to pay its obligations to creditors.

Yes, this is possible and is subject to obtaining a certificate of compliance with technical standards and credit classification.

Yes, it is possible, subject to obtaining a certificate of compliance with technical standards and credit classification.

At least one financial statement is required for any of the last three fiscal years.

Treated as Saudi companies, all documents submitted from outside the Kingdom must be attested by the Saudi Commercial Attache, Consulate, or Embassy, and translated into Arabic by a certified translation office. The financial statements of the companies must be submitted through one of the currently available credit tracks (either the National Housing Company track or the regular track), by filling in the required information in the system and submitting the request.

Yes, the technical grade status of the beneficiary, retrieved from the General Authority for Survey and Geospatial Information via Balady, can be viewed through the “Technical Grade” tab on the Classification Request submission screen.