Progressify ApS — Credit Rating and Financial Key Figures

Progressify ApS (CVR number: 40351981) is a company from KØBENHAVN. The company recorded a gross profit of 6.5 kDKK in 2023. The operating profit was -23.2 kDKK, while net earnings were -26.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.3 %, which can be considered poor and Return on Equity (ROE) was -45.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.3 %, 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. Progressify 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.