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DataRisk Flags

Risk Flags

Risk Flags are signals attached to companies and persons — “owner from a high-risk country”, “high-risk industry”, “significant employee change”, and similar. Each flag is derived from the entity’s underlying data according to a fixed set of criteria.

This page documents the data sources and thresholds behind each flag. To control which flags contribute to an entity’s risk assessment, see Risk Flag Settings. For how flags feed the overall score, see Calculated Risk.

Risk Flag breakdowns

Owner from High-Risk Country

A country is treated as high-risk when it scores 75 or above on the Tax Justice Network “Haven score”. The full list is published at cthi.taxjustice.net/full-list .

High-Risk Industry

The flag is raised when a company operates under one of the NACE codes below.

Construction

NACE CodeDescription
41.101Housing Construction Association
41.109Development and Sale of Own Real Estate Otherwise
41.200Construction of Buildings
42.110Construction of Roads and Highways
42.120Construction of Railways and Subways
42.130Construction of Bridges and Tunnels
42.210Construction of Water and Sewerage Systems
42.220Construction of Facilities for Electricity and Telecommunications
42.910Construction of Port and Dam Facilities
42.990Construction of Other Facilities Not Mentioned Elsewhere
43.110Demolition of Buildings and Other Structures
43.120Groundwork
43.130Test Drilling
43.210Electrical Installation Work
43.221Plumbing Work
43.222Refrigeration and Heat Pump Work
43.223Ventilation Work
43.290Other Installation Work
43.310Stucco Work and Sanding
43.320Carpentry
43.330Flooring and Wallpapering
43.341Painting Work
43.342Glass Work
43.390Other Finishing of Buildings
43.911Tinsmith
43.919Roof Work Otherwise
43.990Other Specialised Construction Activities

Transport and Storage

NACE CodeDescription
49.100Passenger Transport by Rail
49.200Freight Transport by Rail
49.311Bus Transport in Urban and Suburban Areas
49.312Transport by Tramway and Suburban Railway
49.320Taxi Car Transport
49.391Bus Transport Outside the Urban and Suburban Area
49.392Turbil Transport
49.393Transport by Cable Cars, Cable Cars and Ski Lifts
49.410Freight Transport by Road
49.420Moving Transport
49.500Pipe Transport
50.101Foreign Shipping with Passengers
50.102Domestic Coastal Routes with Passengers
50.109Coastal Traffic Otherwise with Passengers
50.201Foreign Shipping with Goods
50.202Domestic Shipping with Goods
50.203Tugboats
50.204Supply and Other Sea Transport Services for Offshore
50.300Passenger Transport on Rivers and Lakes
50.400Freight Transport on Rivers and Lakes
51.100Air Transport with Passengers
51.210Air Transport with Goods
51.220Space Travel
52.100Storage
52.211Operation of Freight and Transport Centres
52.212Operation of Parking Spaces and Parking Garages
52.213Operation of Toll Stations
52.214Operation of Taxi Centres and Other Mediation of Passenger Transport
52.216Condensation of Gas for Transport
52.219Services Related to Land Transport Otherwise
52.221Operation of Port and Quay Facilities
52.222Rescue Service
52.223Supply Bases
52.229Services Related to Sea Transport Otherwise
52.230Other Services Related to Air Transport
52.240Loading and Unloading
52.291Forwarding
52.292Ship Brokerage
52.293Air Brokerage
52.299Transport Mediation Otherwise
53.100Nationwide Postal Services
53.200Other Postal and Courier Services

Cleaning

NACE CodeDescription
81.210Cleaning of Buildings
81.220Exterior Cleaning of Buildings and Industrial Cleaning
81.299Other Cleaning Activities Not Mentioned Elsewhere

Grocery Stores

NACE CodeDescription
47.111Retail Trade with a Wide Range of Goods with Main Emphasis on Food and Beverages
47.112Kiosk Trade with a Wide Range of Goods with Main Emphasis on Food and Beverages
47.190Retail with a Wide Range of Goods Otherwise

Food Service

NACE CodeDescription
55.101Operation of Hotels, Guesthouses and Motels with Restaurant
56.101Operation of Restaurants and Cafes
56.102Operation of Fast Food
56.210Catering Services
56.290Canteens Run as Independent Businesses

ØKOKRIM High-Risk

NACE CodeDescription
64.190Banking Otherwise
66.190Other Services Related to Financing Activities
66.120Securities Brokerage
64.920Other Lending
68.310Real Estate Brokerage
69.201Accounting and Bookkeeping
69.202Revision
65.110Life Insurance
65.120Non-Life Insurance
65.200Reinsurance
66.220Insurance Mediation
66.290Other Services Related to Insurance Business and Pension Funds

Employee Change Flag

The flag is raised when the number of employees added or removed reaches the threshold for the company’s current headcount.

Current EmployeesFlag Threshold (employees added/removed)
53
204
506
50029
10,000367

The threshold is logarithmic: smaller percentage changes trigger the flag for larger companies.

Significant Change in Revenue/Income

The flag is raised when revenue grows past the threshold for its starting level.

Initial RevenueThreshold for Significant Increase
250,000~1 million
2 million~3 million
200 million~230 million
1 billion~1.342 billion

The threshold is logarithmic: smaller percentage changes trigger the flag for larger companies.

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Beneficial Owners from BrønnøysundAPI