Backyard ApS — Credit Rating and Financial Key Figures

Backyard ApS (CVR number: 39825848) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 833.5 kDKK in 2023. The operating profit was -173.1 kDKK, while net earnings were -137.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.6 %, which can be considered poor and Return on Equity (ROE) was -28.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Backyard ApS's liquidity measured by quick ratio was 2.7 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.