PROGRESS-HR ApS — Credit Rating and Financial Key Figures

PROGRESS-HR ApS (CVR number: 30241320) is a company from HØRSHOLM. The company recorded a gross profit of 535.2 kDKK in 2021. The operating profit was -165.7 kDKK, while net earnings were -170.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.6 %, which can be considered poor and Return on Equity (ROE) was -32.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.3 %, 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. PROGRESS-HR ApS's liquidity measured by quick ratio was 4.2 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.