Get Professional Valuation and Credit Risk Reports of Any Company in the World

New AI-Powered Free Company Valuation tool for any company in the world. Upload a PDF financial statement to receive an instant report with customizable forecasts, credit score, default probability and key financial metrics. Try Now for Free →

Progression ApS — Credit Rating and Financial Key Figures

CVR number: 44168596
Kanalvejen 9 A, 3250 Gilleleje
Free credit report Annual report

Company information

Official name
Progression ApS
Personnel
1 person
Established
2023
Company form
Private limited company
Industry

About Progression ApS

Progression ApS (CVR number: 44168596) is a company from GRIBSKOV. The company recorded a gross profit of -434.9 kDKK in 2024. The operating profit was -455.6 kDKK, while net earnings were 9391.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Progression ApS's liquidity measured by quick ratio was 107 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit-10.00-66.54- 434.93
EBIT-10.00-66.54- 455.57
Net earnings-15 264.2123 258.449 391.92
Shareholders equity total401 574.49424 774.03434 104.95
Balance sheet total (assets)401 584.49426 690.50436 156.27
Net debt- 273 095.81- 214 192.03
Profitability
EBIT-%
ROA-3.8 %6.1 %3.9 %
ROE-3.8 %5.6 %2.2 %
ROI-3.8 %6.1 %2.8 %
Economic value added (EVA)-10.00-20 231.04-21 707.03
Solvency
Equity ratio100.0 %99.6 %99.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio145.4107.0
Current ratio145.4107.0
Cash and cash equivalents273 095.81214 192.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAA

Variable visualization

ROA:3.88%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.