Pangea Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Pangea Group ApS
Pangea Group ApS (CVR number: 37317659) is a company from KØBENHAVN. The company recorded a gross profit of -3.1 kDKK in 2024. The operating profit was -3.1 kDKK, while net earnings were 3710.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.4 %, which can be considered excellent and Return on Equity (ROE) was 60.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78 %, 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 Group ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.00 | -6 625.00 | -3.13 | -3.13 | |
EBIT | -3.00 | -6 625.00 | -3.13 | -3.13 | |
Net earnings | 49.00 | 78.00 | 39 864.00 | 484.34 | 3 710.72 |
Shareholders equity total | 3 640.00 | 3 719.00 | 3 757 980.00 | 4 242.32 | 7 953.04 |
Balance sheet total (assets) | 4 947.00 | 4 891.00 | 5 034 727.00 | 5 686.27 | 10 200.07 |
Net debt | 891.00 | 1 070.00 | 1 170 236.00 | 1 210.05 | 1 425.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.5 % | 2.4 % | 3.0 % | 0.0 % | 47.4 % |
ROE | 1.4 % | 2.1 % | 2.1 % | 0.0 % | 60.9 % |
ROI | 1.6 % | 2.4 % | 3.1 % | 0.0 % | 49.9 % |
Economic value added (EVA) | - 200.00 | - 239.80 | -5 469.82 | - 249 121.64 | - 281.26 |
Solvency | |||||
Equity ratio | 73.6 % | 76.0 % | 74.6 % | 74.6 % | 78.0 % |
Gearing | 29.8 % | 30.9 % | 31.9 % | 30.7 % | 20.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.5 | 0.5 | 0.7 |
Current ratio | 0.5 | 0.5 | 0.5 | 0.5 | 0.7 |
Cash and cash equivalents | 193.00 | 80.00 | 29 380.00 | 92.90 | 176.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
Variable visualization
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