PINGALA A/S — Credit Rating and Financial Key Figures

CVR number: 31777194
Vibeholms Allé 20, 2605 Brøndby
handersen@pingala.eu
tel: 31310675
www.pingala.eu

Company information

Official name
PINGALA A/S
Personnel
35 persons
Established
2008
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales68 420.9760 952.20
Gross profit43 608.1843 647.5651 678.9356 265.1847 297.81
EBIT13 644.797 945.039 978.499 835.294 350.51
Net earnings11 573.608 773.5711 860.6610 894.657 034.11
Shareholders equity total12 397.6410 807.0115 567.6819 462.3315 477.09
Balance sheet total (assets)36 955.0131 173.1631 756.2735 241.7729 952.58
Net debt-18 181.59-4 928.815 089.98- 725.094 451.84
Profitability
EBIT-%14.4 %7.1 %
ROA52.6 %31.1 %44.9 %39.5 %25.5 %
ROE104.9 %75.6 %89.9 %62.2 %40.3 %
ROI132.4 %87.8 %89.1 %62.5 %39.9 %
Economic value added (EVA)10 226.326 809.357 703.567 336.123 062.44
Solvency
Equity ratio33.5 %34.7 %49.0 %55.2 %51.7 %
Gearing5.8 %2.2 %32.8 %11.7 %28.8 %
Relative net indebtedness %18.7 %23.7 %
Liquidity
Quick ratio1.51.31.82.11.6
Current ratio1.51.31.82.11.6
Cash and cash equivalents18 905.265 162.5118.702 995.29
Capital use efficiency
Trade debtors turnover (days)93.996.1
Net working capital %20.6 %13.9 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:25.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.7%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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