PINGALA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PINGALA A/S
PINGALA A/S (CVR number: 31777194) is a company from BRØNDBY. The company reported a net sales of 61 mDKK in 2023, demonstrating a decline of -10.9 % compared to the previous year. The operating profit percentage was at 7.1 % (EBIT: 4.4 mDKK), while net earnings were 7034.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent and Return on Equity (ROE) was 40.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.7 %, 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 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 68 420.97 | 60 952.20 | |||
Gross profit | 43 608.18 | 43 647.56 | 51 678.93 | 56 265.18 | 47 297.81 |
EBIT | 13 644.79 | 7 945.03 | 9 978.49 | 9 835.29 | 4 350.51 |
Net earnings | 11 573.60 | 8 773.57 | 11 860.66 | 10 894.65 | 7 034.11 |
Shareholders equity total | 12 397.64 | 10 807.01 | 15 567.68 | 19 462.33 | 15 477.09 |
Balance sheet total (assets) | 36 955.01 | 31 173.16 | 31 756.27 | 35 241.77 | 29 952.58 |
Net debt | -18 181.59 | -4 928.81 | 5 089.98 | - 725.09 | 4 451.84 |
Profitability | |||||
EBIT-% | 14.4 % | 7.1 % | |||
ROA | 52.6 % | 31.1 % | 44.9 % | 39.5 % | 25.5 % |
ROE | 104.9 % | 75.6 % | 89.9 % | 62.2 % | 40.3 % |
ROI | 132.4 % | 87.8 % | 89.1 % | 62.5 % | 39.9 % |
Economic value added (EVA) | 10 226.32 | 6 809.35 | 7 703.56 | 7 336.12 | 3 062.44 |
Solvency | |||||
Equity ratio | 33.5 % | 34.7 % | 49.0 % | 55.2 % | 51.7 % |
Gearing | 5.8 % | 2.2 % | 32.8 % | 11.7 % | 28.8 % |
Relative net indebtedness % | 18.7 % | 23.7 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.3 | 1.8 | 2.1 | 1.6 |
Current ratio | 1.5 | 1.3 | 1.8 | 2.1 | 1.6 |
Cash and cash equivalents | 18 905.26 | 5 162.51 | 18.70 | 2 995.29 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 93.9 | 96.1 | |||
Net working capital % | 20.6 % | 13.9 % | |||
Credit risk | |||||
Credit rating | A | A | A | AA | AA |
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