Progressus ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Progressus ApS
Progressus ApS (CVR number: 37629715) is a company from GENTOFTE. The company recorded a gross profit of -9.6 kDKK in 2023. The operating profit was -9.6 kDKK, while net earnings were -13.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Progressus ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -14.58 | -9.75 | -17.85 | -9.49 | -9.59 |
EBIT | -14.58 | -9.75 | -17.85 | -9.49 | -9.59 |
Net earnings | -15.91 | -9.86 | -20.54 | -14.71 | -13.58 |
Shareholders equity total | 16.33 | 6.47 | -14.07 | -28.78 | -42.36 |
Balance sheet total (assets) | 163.63 | 140.56 | 123.02 | 119.79 | 118.33 |
Net debt | 6.02 | 31.61 | 52.69 | 65.18 | 52.46 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.1 % | -6.4 % | -12.3 % | -5.4 % | -8.1 % |
ROE | -65.5 % | -86.5 % | -31.7 % | -12.1 % | -11.4 % |
ROI | -9.7 % | -6.7 % | -12.5 % | -5.6 % | -8.6 % |
Economic value added (EVA) | -12.41 | -4.14 | -13.03 | -4.69 | -4.25 |
Solvency | |||||
Equity ratio | 10.0 % | 4.6 % | -10.3 % | -19.4 % | -26.4 % |
Gearing | 820.9 % | 2071.7 % | -953.2 % | -495.4 % | -351.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 0.8 | 0.7 | 0.6 |
Current ratio | 1.0 | 0.9 | 0.8 | 0.7 | 0.6 |
Cash and cash equivalents | 128.06 | 102.48 | 81.40 | 77.39 | 96.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
Variable visualization
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