Live/BACKEND ApS — Credit Rating and Financial Key Figures

Live/BACKEND ApS (CVR number: 38374966) is a company from ODENSE. The company recorded a gross profit of 191.4 kDKK in 2022. The operating profit was 176 kDKK, while net earnings were 111.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent and Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -0.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Live/BACKEND ApS's liquidity measured by quick ratio was 2.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.