BackBone Suppliers IVS — Credit Rating and Financial Key Figures

BackBone Suppliers IVS (CVR number: 38540149) is a company from VEJEN. The company reported a net sales of 0 mDKK in 2017. The operating profit percentage was at 28.2 % (EBIT: 0 mDKK), while net earnings were 5.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 73.6 %, which can be considered excellent and Return on Equity (ROE) was 84.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68 %, 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. BackBone Suppliers IVS's liquidity measured by quick ratio was 3.1 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.