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 67.4 mDKK in 2024, demonstrating a growth of 10.6 % compared to the previous year. The operating profit percentage was at 24.3 % (EBIT: 16.4 mDKK), while net earnings were 19.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 54.2 %, which can be considered excellent and Return on Equity (ROE) was 102.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.3 %, 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 68.42 | 60.95 | 67.39 | ||
| Gross profit | 43.65 | 51.68 | 56.27 | 47.30 | 62.18 |
| EBIT | 7.95 | 9.98 | 9.84 | 4.35 | 16.40 |
| Net earnings | 8.77 | 11.86 | 10.89 | 8.53 | 19.55 |
| Shareholders equity total | 10.81 | 15.57 | 19.46 | 15.48 | 22.70 |
| Balance sheet total (assets) | 31.17 | 31.76 | 35.24 | 29.95 | 42.59 |
| Net debt | -4.93 | 5.09 | -0.73 | 4.45 | 7.46 |
| Profitability | |||||
| EBIT-% | 14.4 % | 7.1 % | 24.3 % | ||
| ROA | 31.1 % | 44.9 % | 39.5 % | 25.5 % | 54.2 % |
| ROE | 75.6 % | 89.9 % | 62.2 % | 48.8 % | 102.4 % |
| ROI | 87.8 % | 89.1 % | 62.5 % | 39.9 % | 76.6 % |
| Economic value added (EVA) | 5.66 | 7.21 | 6.61 | 4.36 | 20.03 |
| Solvency | |||||
| Equity ratio | 34.7 % | 49.0 % | 55.2 % | 51.7 % | 53.3 % |
| Gearing | 2.2 % | 32.8 % | 11.7 % | 28.8 % | 33.4 % |
| Relative net indebtedness % | 18.7 % | 23.7 % | 27.6 % | ||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.8 | 2.1 | 1.6 | 1.6 |
| Current ratio | 1.3 | 1.8 | 2.1 | 1.6 | 1.6 |
| Cash and cash equivalents | 5.16 | 0.02 | 3.00 | 0.11 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 93.9 | 96.1 | 123.6 | ||
| Net working capital % | 20.6 % | 13.9 % | 15.8 % | ||
| Credit risk | |||||
| Credit rating | BBB | A | AA | AA | A |
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