PROGRESO A/S — Credit Rating and Financial Key Figures

CVR number: 32785913
Niels Jernes Vej 10, 9220 Aalborg Øst
lw@progreso.dk
tel: 51905200
www.progreso.dk

Credit rating

Company information

Official name
PROGRESO A/S
Personnel
4 persons
Established
2010
Company form
Limited company
Industry

About PROGRESO A/S

PROGRESO A/S (CVR number: 32785913) is a company from AALBORG. The company recorded a gross profit of 4904.6 kDKK in 2024. The operating profit was 1627.7 kDKK, while net earnings were 1277.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.9 %, which can be considered excellent and Return on Equity (ROE) was 90.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.2 %, 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. PROGRESO A/S's liquidity measured by quick ratio was 5.7 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.

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 profit4 659.354 834.685 523.394 932.924 904.60
EBIT991.881 677.211 024.531 694.331 627.70
Net earnings762.911 302.81787.281 297.501 277.33
Shareholders equity total930.121 732.921 431.931 422.761 410.09
Balance sheet total (assets)2 316.742 665.922 393.482 357.572 599.13
Net debt-1 090.01- 792.17- 948.88-1 287.64-1 639.65
Profitability
EBIT-%
ROA45.8 %67.6 %40.5 %71.3 %66.9 %
ROE92.6 %97.8 %49.8 %90.9 %90.2 %
ROI94.8 %109.9 %62.0 %115.5 %113.0 %
Economic value added (EVA)753.811 315.06753.061 291.381 250.46
Solvency
Equity ratio40.1 %65.0 %59.8 %60.3 %76.2 %
Gearing6.2 %5.6 %0.4 %3.4 %2.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.72.42.45.7
Current ratio1.92.82.42.52.2
Cash and cash equivalents1 147.37888.76955.091 335.481 676.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:66.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.2%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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