PANGEA ROCKS A/S — Credit Rating and Financial Key Figures

PANGEA ROCKS A/S (CVR number: 28887159) is a company from VARDE. The company recorded a gross profit of 16.6 mDKK in 2024. The operating profit was 7677.9 kDKK, while net earnings were 5313.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.6 %, which can be considered excellent and Return on Equity (ROE) was 55.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.1 %, 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 ROCKS A/S's liquidity measured by quick ratio was 3.2 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.