PROGRESSIVE BRAND MANAGEMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PROGRESSIVE BRAND MANAGEMENT ApS
PROGRESSIVE BRAND MANAGEMENT ApS (CVR number: 33772831) is a company from SORØ. The company recorded a gross profit of -7.8 kDKK in 2018. The operating profit was -7.8 kDKK, while net earnings were -7.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.3 %, which can be considered poor and Return on Equity (ROE) was -26.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.1 %, 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. PROGRESSIVE BRAND MANAGEMENT ApS's liquidity measured by quick ratio was 3.7 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 financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -5.90 | -5.98 | -7.75 |
EBIT | -5.90 | -5.98 | -7.75 |
Net earnings | -12.40 | -5.98 | -7.75 |
Shareholders equity total | 39.38 | 33.41 | 25.66 |
Balance sheet total (assets) | 47.09 | 41.11 | 35.11 |
Net debt | -43.13 | -37.16 | -31.16 |
Profitability | |||
EBIT-% | |||
ROA | -12.5 % | -13.6 % | -20.3 % |
ROE | -31.5 % | -16.4 % | -26.2 % |
ROI | -13.6 % | -14.8 % | -23.1 % |
Economic value added (EVA) | -5.90 | -5.59 | -7.36 |
Solvency | |||
Equity ratio | 83.6 % | 81.3 % | 73.1 % |
Gearing | 10.0 % | 11.8 % | 15.4 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 6.1 | 5.3 | 3.7 |
Current ratio | 6.1 | 5.3 | 3.7 |
Cash and cash equivalents | 47.09 | 41.11 | 35.11 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | BB | BB |
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