Pangaea Logistics Solutions Denmark A/S — Credit Rating and Financial Key Figures

Pangaea Logistics Solutions Denmark A/S (CVR number: 32081487) is a company from GENTOFTE. The company reported a net sales of 176.2 mUSD in 2024, demonstrating a decline of -9.8 % compared to the previous year. The operating profit percentage was poor at -1.1 % (EBIT: -1.9 mUSD), while net earnings were -428 kUSD. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.4 %, 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. Pangaea Logistics Solutions Denmark A/S's liquidity measured by quick ratio was 1.7 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.