Progression Ventures ApS — Credit Rating and Financial Key Figures

CVR number: 38991825
Fruebjergvej 3, 2100 København Ø
nho@accelerace.dk
Free credit report Annual report

Company information

Official name
Progression Ventures ApS
Established
2017
Company form
Private limited company
Industry

About Progression Ventures ApS

Progression Ventures ApS (CVR number: 38991825) is a company from KØBENHAVN. The company recorded a gross profit of 31.3 kDKK in 2024. The operating profit was 31.3 kDKK, while net earnings were -10 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Progression Ventures ApS's liquidity measured by quick ratio was 3 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 sales135.51
Gross profit-1.23-5.00122.0133.8731.28
EBIT-1.23-5.00122.0133.8731.28
Net earnings-1.7076.0894.0627.54-9.97
Shareholders equity total101.56177.64231.70259.24249.26
Balance sheet total (assets)174.84248.04257.78296.25286.27
Net debt- 172.99- 329.82-89.16-90.56-80.21
Profitability
EBIT-%90.0 %
ROA-0.9 %28.3 %48.2 %14.7 %10.7 %
ROE-2.1 %54.5 %46.0 %11.2 %-3.9 %
ROI-0.9 %28.7 %51.4 %15.8 %11.1 %
Economic value added (EVA)-5.75-13.7984.1210.4816.99
Solvency
Equity ratio58.1 %71.6 %89.9 %87.5 %87.1 %
Gearing72.2 %36.8 %9.7 %12.8 %
Relative net indebtedness %-46.6 %
Liquidity
Quick ratio2.43.54.03.33.0
Current ratio2.43.54.03.33.0
Cash and cash equivalents246.28395.2289.16115.64112.22
Capital use efficiency
Trade debtors turnover (days)42.2
Net working capital %58.1 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.1%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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