Progressum AS

Org. no. 889380802 · Lørenskog · Founded 2005 · 62 employees

Score · fiscal year 2024

50of 100

How to read this: the company is ahead of 52 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 364 of 759 · What are Morning company classes?
Place in the whole sector: 1,195 of 2,420 · Revisjon, regnskap og rådgivning

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 80 and solidity 34 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Progressum AS is 1 points above the median for companies in the Morning class Small in the same sector in 2024.

Median score 49 among 759 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 21.2% (median 8.7%) and equity ratio 15.9% (median 26.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue27 MNOK19 MNOK
Operating margin 21.2% 8.7% 84 %
Profit margin 21.2% 9.5% shown, not part of the index
Return on assets 39.5% 21.9% 76 %
Equity ratio 15.9% 26.5% 35 %
Debt-to-equity 5.28 2.64 34 %
Current ratio 0.46 1.27 0 %
Revenue growth 14.9% 9.0% 67 %
Revenue per employee0.43 MNOK1.46 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 50, Progressum AS does better than 52% of companies in the Morning class Small in the same sector (759 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Progressum AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

Progressum AS had an operating margin of 21.2% and an equity ratio of 15.9% in 2024, and ranks 1,195 of 2,420 in Revisjon, regnskap og rådgivning.

From 2023 to 2024: the operating margin rose from 12.5% to 21.2% and revenue grew by 15%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 5 MNOK and 37 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2024): 3.3 MNOK 22.4 75 MNOK 37 MNOK
EV/EBIT Operating profit (mean 2023–2024): 4.3 MNOK
minus net debt −1.5 MNOK
17.4 76 MNOK 37 MNOK
P/B Equity: 2.3 MNOK 4.1 9 MNOK 5 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

Indications · 2024

Worth a closer look

  • critical

    Consider strengthening liquidity: current liabilities are 2.2 times current assets.

    Based on: Current ratio 0.46 (median 1.27).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.1% of the debt in 2024. The policy rate averaged 4.50 % 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.

Stress test · 2026

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

Components · 2024

What the score is made of

Profitability80 weight 30%
Solidity34 weight 25%
Liquidity0 weight 15%
Growth67 weight 15%
Consistency49 weight 15%

Durability: 42 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Progressum AS?

The operating margin was 21.2% in 2024, against a median of 8.7% among companies in the Morning class Small in the same sector. Return on assets was 39.5%.

How solid is Progressum AS?

The equity ratio was 15.9% in 2024 (median 26.5%). Debt-to-equity was 5.28 (median 2.64).

What is the liquidity of Progressum AS like?

The current ratio was 0.46 in 2024 (median 1.27). Current assets did not cover current liabilities.

How does Progressum AS compare in Revisjon, regnskap og rådgivning?

Progressum AS ranks 1,195 of 2,420 in Revisjon, regnskap og rådgivning for 2024. Among companies in the Morning class Small it is number 364 of 759. Revenue changed by 14.9% from the year before.

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 operating · index 36 · number 1926 of 2455 in Revisjon, regnskap og rådgivning
    • Progressum AS you are here 100% owned · operating · index 45 · number 1552 of 2455 in Revisjon, regnskap og rådgivning
    • Org. no. 913778928 100% owned · not in our data
    • Org. no. 939752390 100% owned · not in our data
    • Org. no. 976030699 100% owned · not in our data
    • Org. no. 989217178 100% owned · not in our data
    • Kjør Regnskap AS 100% owned · dissolved or bankrupt
    • Progressum Kongsvinger AS 100% owned · not in our data
    • Progressum Rådgivning AS 100% owned · not in our data

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
The company's business municipality, Lørenskog. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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

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.

Report an issue

Figures last fetched 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index345045
Rank1,8221,1951,552
Operating margin12.5%21.2%17.8%
Return on assets22.0%39.5%33.9%
Equity ratio14.7%15.9%15.5%
Current ratio0.520.460.51
Revenue growth–14.9%10.3%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue23.3 MNOK26.7 MNOK29.5 MNOK
Operating profit2.9 MNOK5.7 MNOK5.2 MNOK
Profit before tax2.9 MNOK5.7 MNOK5.2 MNOK
Tax expense0.6 MNOK1.2 MNOK1.2 MNOK
Net profit2.3 MNOK4.4 MNOK4.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets13.4 MNOK14.3 MNOK15.5 MNOK
Current assets5.7 MNOK5.5 MNOK6.6 MNOK
Equity2.0 MNOK2.3 MNOK2.4 MNOK
Retained earnings0.4 MNOK0.8 MNOK0.9 MNOK
Total liabilities11.4 MNOK12.0 MNOK13.1 MNOK
Current liabilities11.0 MNOK12.0 MNOK13.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 5784571.