PT Progress IVS — Credit Rating and Financial Key Figures

PT Progress IVS (CVR number: 37416339) is a company from ROSKILDE. The company recorded a gross profit of -0 kDKK in 2017. The operating profit was -0 kDKK, while net earnings were -0 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.4 %, 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. PT Progress IVS's liquidity measured by quick ratio was 3.4 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.