Backbone Insurance Group ApS — Credit Rating and Financial Key Figures

Backbone Insurance Group ApS (CVR number: 43208039) is a company from BALLERUP. The company recorded a gross profit of -10.1 kDKK in 2022. The operating profit was -10.1 kDKK, while net earnings were -10.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.8 %, which can be considered poor and Return on Equity (ROE) was -33.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Backbone Insurance Group ApS's liquidity measured by quick ratio was 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.