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 5754.3 kDKK in 2022. The operating profit was 3256.6 kDKK, while net earnings were 2335 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41 %, which can be considered excellent and Return on Equity (ROE) was 71.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.7 %, 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. PANGEA ROCKS A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.