Progress Expo Services IVS — Credit Rating and Financial Key Figures

Progress Expo Services IVS (CVR number: 37639729) is a company from FREDERIKSBERG. The company recorded a gross profit of -89 kDKK in 2020. The operating profit was -89 kDKK, while net earnings were -99.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.4 %, which can be considered poor and Return on Equity (ROE) was -66.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Progress Expo Services IVS's liquidity measured by quick ratio was 1.5 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.