HOUSE OF PROGRESS HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOUSE OF PROGRESS HOLDING ApS
HOUSE OF PROGRESS HOLDING ApS (CVR number: 34897964) is a company from ESBJERG. The company recorded a gross profit of 1091.8 kDKK in 2024. The operating profit was -121.3 kDKK, while net earnings were 252.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.7 %, which can be considered excellent and Return on Equity (ROE) was 43 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.4 %, 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. HOUSE OF PROGRESS HOLDING ApS's liquidity measured by quick ratio was 1.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 196.44 | 969.34 | 1 236.02 | 590.03 | 1 091.84 |
EBIT | - 137.12 | -67.90 | 185.11 | - 455.81 | - 121.30 |
Net earnings | 105.81 | 126.40 | 336.06 | 23.56 | 252.46 |
Shareholders equity total | 267.94 | 337.84 | 616.71 | 522.47 | 652.93 |
Balance sheet total (assets) | 935.27 | 826.10 | 921.53 | 904.18 | 1 046.39 |
Net debt | 289.12 | - 128.28 | - 318.72 | - 130.49 | - 160.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.4 % | 14.7 % | 45.4 % | 1.1 % | 31.7 % |
ROE | 43.6 % | 41.7 % | 70.4 % | 4.1 % | 43.0 % |
ROI | 5.4 % | 19.9 % | 62.1 % | 1.4 % | 41.8 % |
Economic value added (EVA) | - 124.45 | -94.75 | 103.04 | - 469.96 | - 195.97 |
Solvency | |||||
Equity ratio | 28.6 % | 40.9 % | 66.9 % | 57.8 % | 62.4 % |
Gearing | 174.6 % | 67.8 % | 15.0 % | 33.3 % | 19.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.5 | 2.2 | 1.8 | 1.7 |
Current ratio | 1.2 | 1.5 | 2.2 | 1.8 | 1.7 |
Cash and cash equivalents | 178.67 | 357.40 | 411.18 | 304.29 | 287.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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