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PROGRESS SOFTWARE AS

937174489AksjeselskapMVA
Municipality
OSLO
Founded
12.07.1985
Roles
2
www.progress.no
Company details
Business address
c/o CSC (Norway) AS, Wergelandsveien 7, 0167 OSLO
Municipality
Oslo
Phone
67 10 89 00
Sector
Private aksjeselskaper mv.
Share capital
100 000 kr(50 shares)
Registered
19.02.1995
Purpose
Markedsføring i Norge av datamaskinprogrammer, herunder salg av konsulenttjenester til data- maskinbrukere, kursvirksomhet og hermed forbunden virksomhet, herunder deltagelse i selskaper med samme eller lignende virksomhet.
Board and management

Styre og ledelse

Leendert Steendijk
Styremedlem
Domenic Lo Coco
Styrets leder

Revisor

DELOITTE AS

Is revisor for 5 152 companies

Revisor

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Financials2024
Revenue
10.8 mill
Operating result
371k
Net result
618k
Assets
17.1 mill
Equity
2.6 mill
Debt
14.5 mill
Financial health check
Equity ratio
Satisfactory
Current ratio
Weak
Profitability
Weak
Income statement and balance sheet
2024
Income statement
Revenue10.8 mill
Operating costs10.4 mill
= Operating result371k
Net finance421k
= Net result618k
Balance sheet
Fixed assets8.5 mill
Current assets8.5 mill
= Total assets17.1 mill
Equity2.6 mill
Long-term debt0
Short-term debt14.5 mill
= Total debt14.5 mill

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
3.4%2.9%
Net margin
5.7%—
Return on assets
4.6%4.5%
Return on equity
24.0%—
Equity ratio
15.1%37.1%
Current ratio
0.591.57
Debt-to-equity
5.631.26

Based on 676 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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