PING IT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34471711
Jellingvej 11, 9230 Svenstrup J

Company information

Official name
PING IT HOLDING ApS
Established
2012
Company form
Private limited company
Industry

About PING IT HOLDING ApS

PING IT HOLDING ApS (CVR number: 34471711) is a company from AALBORG. The company recorded a gross profit of -9.4 kDKK in 2024. The operating profit was -9.4 kDKK, while net earnings were -8.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.2 %, which can be considered poor and Return on Equity (ROE) was -21.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.5 %, 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. PING IT HOLDING ApS's liquidity measured by quick ratio was 4.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-0.63-0.63-6.26-40.61-9.44
EBIT-0.63-0.63-6.26-40.61-9.44
Net earnings1 782.914 307.9930 996.24-38.25-8.79
Shareholders equity total6 364.289 672.261 138.5045.2636.47
Balance sheet total (assets)6 369.289 826.461 143.5055.9346.47
Net debt-0.0759.21-1 143.50-55.93-46.47
Profitability
EBIT-%
ROA30.0 %53.2 %565.1 %-6.5 %-17.2 %
ROE29.9 %53.7 %573.4 %-6.5 %-21.5 %
ROI30.0 %53.3 %565.7 %-6.6 %-21.5 %
Economic value added (EVA)35.00170.92336.37-38.81-8.90
Solvency
Equity ratio99.9 %98.4 %99.6 %80.9 %78.5 %
Gearing1.5 %
Relative net indebtedness %
Liquidity
Quick ratio216.18.0228.75.24.6
Current ratio216.18.0228.75.24.6
Cash and cash equivalents0.0789.981 143.5055.9346.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBB

Variable visualization

ROA:-17.2%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.5%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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