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Progression Ventures ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Progression Ventures ApS
Progression Ventures ApS (CVR number: 38991825) is a company from KØBENHAVN. The company recorded a gross profit of 19.5 kDKK in 2025. The operating profit was 19.5 kDKK, while net earnings were -160.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -75.4 %, which can be considered poor and Return on Equity (ROE) was -95 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. Progression Ventures ApS's liquidity measured by quick ratio was 3.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 135.51 | ||||
| Gross profit | -5.00 | 122.01 | 33.87 | 31.28 | 19.52 |
| EBIT | -5.00 | 122.01 | 33.87 | 31.28 | 19.52 |
| Net earnings | 76.08 | 94.06 | 27.54 | -9.97 | - 160.59 |
| Shareholders equity total | 177.64 | 231.70 | 259.24 | 249.26 | 88.67 |
| Balance sheet total (assets) | 248.04 | 257.78 | 296.25 | 286.27 | 127.02 |
| Net debt | - 329.82 | -89.16 | -90.56 | -80.21 | -95.01 |
| Profitability | |||||
| EBIT-% | 90.0 % | ||||
| ROA | 28.3 % | 48.2 % | 14.7 % | 10.7 % | -75.4 % |
| ROE | 54.5 % | 46.0 % | 11.2 % | -3.9 % | -95.0 % |
| ROI | 28.7 % | 51.4 % | 15.8 % | 11.1 % | -77.5 % |
| Economic value added (EVA) | -13.79 | 84.12 | 10.48 | 16.99 | 3.76 |
| Solvency | |||||
| Equity ratio | 71.6 % | 89.9 % | 87.5 % | 87.1 % | 69.8 % |
| Gearing | 36.8 % | 9.7 % | 12.8 % | 36.1 % | |
| Relative net indebtedness % | -46.6 % | ||||
| Liquidity | |||||
| Quick ratio | 3.5 | 4.0 | 3.3 | 3.0 | 3.3 |
| Current ratio | 3.5 | 4.0 | 3.3 | 3.0 | 3.3 |
| Cash and cash equivalents | 395.22 | 89.16 | 115.64 | 112.22 | 127.02 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 42.2 | ||||
| Net working capital % | 58.1 % | ||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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