Pingala Middle East ApS — Credit Rating and Financial Key Figures

CVR number: 38575767
Vibeholms Allé 20, 2605 Brøndby
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Credit rating

Company information

Official name
Pingala Middle East ApS
Established
2017
Company form
Private limited company
Industry

About Pingala Middle East ApS

Pingala Middle East ApS (CVR number: 38575767) is a company from BRØNDBY. The company recorded a gross profit of 7.7 kDKK in 2024. The operating profit was 7.7 kDKK, while net earnings were 513 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.4 %, 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. Pingala Middle East ApS'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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit18 321.8723 873.68- 706.53-83.837.67
EBIT2 074.151 175.49- 706.53-83.837.67
Net earnings994.591 357.53-1.052 522.77513.03
Shareholders equity total613.651 971.181 970.134 492.915 005.94
Balance sheet total (assets)8 550.3012 093.658 296.2411 197.1911 021.44
Net debt5 017.284 650.586 201.276 629.605 959.40
Profitability
EBIT-%
ROA29.2 %18.9 %0.3 %25.7 %4.6 %
ROE41.0 %105.0 %-0.1 %78.1 %10.8 %
ROI39.6 %29.0 %0.4 %25.8 %4.6 %
Economic value added (EVA)1 456.17622.28- 932.06- 476.44- 555.66
Solvency
Equity ratio7.2 %16.3 %23.7 %40.1 %45.4 %
Gearing854.7 %284.6 %315.2 %148.8 %119.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.31.31.31.3
Current ratio1.21.31.31.31.3
Cash and cash equivalents227.40958.818.8854.6817.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.63%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.4%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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