Progressum AS
Score · fiscal year 2023
34of 100
How to read this: the company is ahead of 19 % of companies in the Morning class Small in the same sector in 2023. What does this mean?
Rank in the Morning class Small: 575 of 708 · What are Morning company classes?
Place in the whole sector: 1,822 of 2,369 · Revisjon, regnskap og rådgivning
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 56 and solidity 33 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology
Against the sector
Progressum AS is 15 points below the median for companies in the Morning class Small in the same sector in 2023.
Median score 49 among 708 companies.
Against companies in the Morning class Small in the same sector in 2023: operating margin 12.5% (median 8.9%) and equity ratio 14.7% (median 25.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 23 MNOK | 18 MNOK |
| Operating margin | 12.5% | 8.9% |
| Profit margin | 12.4% | 9.4% |
| Return on assets | 22.0% | 21.5% |
| Equity ratio | 14.7% | 25.1% |
| Debt-to-equity | 5.82 | 2.84 |
| Current ratio | 0.52 | 1.27 |
| Revenue growth | – | 25.6% |
| Revenue per employee | 0.38 MNOK | 1.38 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 34, Progressum AS does better than 19% of companies in the Morning class Small in the same sector (708 companies) in 2023.
Score 2023–2025
- Progressum AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
Progressum AS had an operating margin of 12.5% and an equity ratio of 14.7% in 2023, and ranks 1,822 of 2,369 in Revisjon, regnskap og rådgivning.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 4 MNOK and 26 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 22.4 | 25 MNOK |
| EV/EBIT | 17.4 | 26 MNOK |
| P/B | 4.1 | 4 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
- watch
Consider strengthening liquidity: current liabilities are 1.9 times current assets.
Based on: Current ratio 0.52 (median 1.27).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.4% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 5.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 56 | weight 30% |
|---|---|---|
| Solidity | 33 | weight 25% |
| Liquidity | 1 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 22 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Progressum AS?
The operating margin was 12.5% in 2023, against a median of 8.9% among companies in the Morning class Small in the same sector. Return on assets was 22.0%.
How solid is Progressum AS?
The equity ratio was 14.7% in 2023 (median 25.1%). Debt-to-equity was 5.82 (median 2.84).
What is the liquidity of Progressum AS like?
The current ratio was 0.52 in 2023 (median 1.27). Current assets did not cover current liabilities.
How does Progressum AS compare in Revisjon, regnskap og rådgivning?
Progressum AS ranks 1,822 of 2,369 in Revisjon, regnskap og rådgivning for 2023. Among companies in the Morning class Small it is number 575 of 708.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
Group structure · 2025
10 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
No owner holds more than half of the shares in Progressum Gruppen AS.
Progressum Gruppen AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
-
Progressum Gruppen AS
-
Progressum AS you are here
- Org. no. 913778928
- Org. no. 939752390
- Org. no. 976030699
- Org. no. 989217178
- Kjør Regnskap AS
- Progressum Kongsvinger AS
- Progressum Rådgivning AS
-
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
From the Central Coordinating Register
- Org. no.
- 889380802
- Legal form
- AS · part of a group
- Sector
- Revisjon, regnskap og rådgivning (69.202)
- Morning company class
- Small
- Employees
- 62 registered 10 September 2026
- Founded
- 27 December 2005 20 years in operation
- Share capital
- 0.74 MNOK
- Business address
- Solheimveien 50, 1461 LØRENSKOG
- Municipality
- Lørenskog rank 1–10 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- Website
- www.progressum.no
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 0%
- Group chain
-
Owned by: Progressum Gruppen AS (100%)
Ultimate owner: Progressum Gruppen AS
- Progressum Gruppen AS · 100.0%
Change 2007–2025:
100% of the shares changed owner (1 new and 5 departed owners). The majority owner changed.
New owners (companies): Progressum Gruppen AS
Departed (companies): Abetor Invest AS, Avone IT AS
Majority owner of: Progressum Leira AS (100%)
Holds shares in: Progressum Leira AS (100%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 34 | 50 | 45 | |
| Rank | 1,822 | 1,195 | 1,552 | |
| Operating margin | 12.5% | 21.2% | 17.8% | |
| Return on assets | 22.0% | 39.5% | 33.9% | |
| Equity ratio | 14.7% | 15.9% | 15.5% | |
| Current ratio | 0.52 | 0.46 | 0.51 | |
| Revenue growth | – | 14.9% | 10.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 23.3 MNOK | 26.7 MNOK | 29.5 MNOK |
| Operating profit | 2.9 MNOK | 5.7 MNOK | 5.2 MNOK |
| Profit before tax | 2.9 MNOK | 5.7 MNOK | 5.2 MNOK |
| Tax expense | 0.6 MNOK | 1.2 MNOK | 1.2 MNOK |
| Net profit | 2.3 MNOK | 4.4 MNOK | 4.1 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 13.4 MNOK | 14.3 MNOK | 15.5 MNOK |
| Current assets | 5.7 MNOK | 5.5 MNOK | 6.6 MNOK |
| Equity | 2.0 MNOK | 2.3 MNOK | 2.4 MNOK |
| Retained earnings | 0.4 MNOK | 0.8 MNOK | 0.9 MNOK |
| Total liabilities | 11.4 MNOK | 12.0 MNOK | 13.1 MNOK |
| Current liabilities | 11.0 MNOK | 12.0 MNOK | 13.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 4903955.
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