PINGALA A/S — Credit Rating and Financial Key Figures

PINGALA A/S (CVR number: 31777194K) is a company from BRØNDBY. The company reported a net sales of 147.4 mDKK in 2023, demonstrating a growth of 13.9 % compared to the previous year. The operating profit percentage was at 7.2 % (EBIT: 10.7 mDKK), while net earnings were 8529.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.3 %, which can be considered excellent and Return on Equity (ROE) was 49 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PINGALA A/S's liquidity measured by quick ratio was 1.6 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.