PINGALA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PINGALA A/S
PINGALA A/S (CVR number: 31777194K) is a company from BRØNDBY. The company reported a net sales of 172.1 mDKK in 2024, demonstrating a growth of 16.8 % compared to the previous year. The operating profit percentage was at 14.6 % (EBIT: 25.2 mDKK), while net earnings were 2951.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.6 %, which can be considered excellent and Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PINGALA A/S's liquidity measured by quick ratio was 1.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 129.44 | 147.41 | 172.14 | ||
| Gross profit | 72.14 | 95.75 | 107.16 | 103.52 | 130.29 |
| EBIT | 13.19 | 16.92 | 15.69 | 10.67 | 25.19 |
| Net earnings | 9.79 | 13.70 | 12.55 | 8.53 | 2.95 |
| Shareholders equity total | 11.91 | 17.60 | 21.51 | 17.38 | 26.98 |
| Balance sheet total (assets) | 36.36 | 39.92 | 44.75 | 45.28 | 58.99 |
| Net debt | -8.95 | -0.29 | -7.39 | 2.16 | 1.13 |
| Profitability | |||||
| EBIT-% | 12.1 % | 7.2 % | 14.6 % | ||
| ROA | 35.2 % | 46.7 % | 39.2 % | 24.3 % | 48.6 % |
| ROE | 84.4 % | 103.9 % | 72.0 % | 49.0 % | 15.1 % |
| ROI | 105.8 % | 103.0 % | 74.9 % | 48.3 % | 84.9 % |
| Economic value added (EVA) | 9.68 | 12.59 | 11.01 | 7.78 | 16.70 |
| Solvency | |||||
| Equity ratio | 32.8 % | 44.1 % | 48.1 % | 38.4 % | 45.7 % |
| Gearing | 0.8 % | 28.5 % | 1.1 % | 35.2 % | 30.1 % |
| Relative net indebtedness % | 12.1 % | 16.2 % | 13.9 % | ||
| Liquidity | |||||
| Quick ratio | 1.5 | 2.0 | 2.1 | 1.6 | 1.9 |
| Current ratio | 1.5 | 2.0 | 2.1 | 1.6 | 1.9 |
| Cash and cash equivalents | 9.04 | 5.30 | 7.62 | 3.95 | 6.99 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 83.3 | 91.1 | 92.6 | ||
| Net working capital % | 17.6 % | 11.0 % | 13.9 % | ||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A | A |
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