PROGRAM ApS — Credit Rating and Financial Key Figures

PROGRAM ApS (CVR number: 30915879) is a company from KØBENHAVN. The company recorded a gross profit of 1453.5 kDKK in 2023. The operating profit was 735.9 kDKK, while net earnings were 558.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.1 %, 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. PROGRAM ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.