Skip to content
English
  • There are no suggestions because the search field is empty.

How can you request corrections to financial data and ownership information?

This article explains how corrections to financial data and ownership information displayed on North Data can be requested.

North Data presents company information based primarily on publicly accessible official sources. The preferred and most reliable way to update information on North Data is therefore to correct or supplement the relevant official source. Once the updated information has been officially published and processed, it can be reflected on North Data.

Financial data

North Data displays financial data obtained from official public sources, such as company registers, official gazettes, and published annual accounts.

If published financial data is incorrect or outdated, it must first be corrected or updated in the relevant official source. For German companies, this may require the publication or supplementation of the annual accounts through the Company Register or Federal Gazette.

If one or more of the following values are not included in the published financial statements, North Data may display estimated figures:

  • Revenue
  • Profit
  • Number of employees

If an estimated value differs significantly from the company’s actual figures, you may submit a correction request to North Data.

The requested value must be supported by suitable documentation in PDF format issued or confirmed by a qualified independent external party, such as a tax adviser or auditor.

Each request is reviewed individually. North Data reserves the right to reject a correction request without providing further reasons.

Ownership information

North Data displays ownership and participation information based on available official public sources, such as company registers, shareholder lists, and comparable official publications.

If ownership information is incorrect or outdated, the relevant official source should first be corrected. Once the updated information has been officially published and processed, it can be reflected on North Data.

For entities with a Legal Entity Identifier, certain parent relationships may also be reported through the LEI system and published in the register of the Global Legal Entity Identifier Foundation.

These relationships generally concern:

  • the direct accounting parent
  • the ultimate accounting parent

The LEI register does not provide a complete shareholder structure and does not necessarily contain all shareholders, ownership percentages, or participation relationships.

Companies that need to update their LEI reference data or reported parent relationships should contact their responsible LEI issuing organisation.

For further information, see: Legal Entity Identifier (LEI).