For more information on Nordea Overdues Report 2020 write to Henrik at henrik.anbelin [at] nordea.com (henrik[dot]anbelin[at]nordea[dot]com) or Vanessa at Vanessa.Komorowski [at] nordea.com (Vanessa[dot]Komorowski[at]nordea[dot]com).
It’s time to give overdues an extra look
An in depth analysis of 124 large Nordic companies in 2019 showed aggregated overdue payments of EUR 18.5 billion, equal to 22% of total gross accounts receivables. With total overdue payments already increasing by 4% from 2018, the after effects of the coronavirus are expected to create an even larger growth in overdue payments in the coming months.