PANGEA ART DECO ApS — Credit Rating and Financial Key Figures

PANGEA ART DECO ApS (CVR number: 33372876) is a company from VARDE. The company recorded a gross profit of -7.7 kDKK in 2022. The operating profit was -7.7 kDKK, while net earnings were -5.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.3 %, which can be considered poor and Return on Equity (ROE) was -31.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PANGEA ART DECO ApS's liquidity measured by quick ratio was 4 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.