HOUSE OF PROGRESS HOLDING ApS — Credit Rating and Financial Key Figures

HOUSE OF PROGRESS HOLDING ApS (CVR number: 34897964) is a company from ESBJERG. The company recorded a gross profit of 590 kDKK in 2023. The operating profit was -455.8 kDKK, while net earnings were 23.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HOUSE OF PROGRESS HOLDING ApS's liquidity measured by quick ratio was 1.8 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.