Pingala Middle East ApS — Credit Rating and Financial Key Figures

CVR number: 38575767
Vibeholms Allé 20, 2605 Brøndby

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 -83.8 kDKK in 2023. The operating profit was -83.8 kDKK, while net earnings were 2522.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent and Return on Equity (ROE) was 78.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.1 %, 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit14 583.3718 321.8723 873.68- 706.53-83.83
EBIT- 620.662 074.151 175.49- 706.53-83.83
Net earnings- 458.23994.591 357.53-1.052 522.77
Shareholders equity total-1 405.19613.651 971.181 970.134 492.91
Balance sheet total (assets)4 235.528 550.3012 093.658 296.2411 197.19
Net debt4 606.785 017.284 650.586 201.276 629.60
Profitability
EBIT-%
ROA-9.7 %29.2 %18.9 %0.3 %25.7 %
ROE-10.7 %41.0 %105.0 %-0.1 %78.1 %
ROI-10.7 %39.6 %29.0 %0.4 %25.9 %
Economic value added (EVA)- 432.431 691.09898.30- 602.01- 163.94
Solvency
Equity ratio-24.9 %7.2 %16.3 %23.7 %40.1 %
Gearing-327.8 %854.7 %284.6 %315.2 %148.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.21.31.31.3
Current ratio0.71.21.31.31.3
Cash and cash equivalents227.40958.818.8854.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBA

Variable visualization

ROA:25.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.1%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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