PROGRESSIVE INVESTMENTS ApS — Credit Rating and Financial Key Figures

CVR number: 53640214
Havnegade 2 A, 8000 Aarhus C
mkl@sindingco.dk

Company information

Official name
PROGRESSIVE INVESTMENTS ApS
Established
1975
Company form
Private limited company
Industry

About PROGRESSIVE INVESTMENTS ApS

PROGRESSIVE INVESTMENTS ApS (CVR number: 53640214) is a company from AARHUS. The company recorded a gross profit of -8.2 kDKK in 2023. The operating profit was -8.2 kDKK, while net earnings were -6.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -7.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.5 %, 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 INVESTMENTS ApS's liquidity measured by quick ratio was 2.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-4.06-7.17-4.88-5.63-8.20
EBIT-4.06-7.17-4.88-5.63-8.20
Net earnings-3.06-6.17-4.48-11.91-6.06
Shareholders equity total107.95101.7897.3085.3979.33
Balance sheet total (assets)112.74112.74121.80120.54119.33
Net debt-87.74-87.74-96.80-95.54-94.33
Profitability
EBIT-%
ROA-2.7 %-5.5 %-3.3 %-3.8 %-5.0 %
ROE-2.8 %-5.9 %-4.5 %-13.0 %-7.4 %
ROI-2.8 %-5.9 %-3.9 %-5.1 %-7.4 %
Economic value added (EVA)-9.64-12.60-9.99-10.52-12.49
Solvency
Equity ratio95.8 %90.3 %79.9 %70.8 %66.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio18.38.04.02.72.4
Current ratio18.38.04.02.72.4
Cash and cash equivalents87.7487.7496.8095.5494.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-5.05%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.5%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

Companies in the same industry

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