Progresjon Trening AS
Score · fiscal year 2023
49of 100
How to read this: the company is ahead of 49 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?
Rank in the Morning class Micro: 459 of 902 · What are Morning company classes?
Place in the whole sector: 685 of 1,353 · Kultur og fritid
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 93 and solidity 15 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology
Against the sector
Progresjon Trening AS is at the median for companies in the Morning class Micro in the same sector in 2023.
Median score 49 among 902 companies.
Against companies in the Morning class Micro in the same sector in 2023: operating margin 19.9% (median 3.6%) and equity ratio 3.7% (median 30.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 6 MNOK | 3 MNOK |
| Operating margin | 19.9% | 3.6% |
| Profit margin | 19.4% | 2.4% |
| Return on assets | 143.8% | 6.5% |
| Equity ratio | 3.7% | 30.1% |
| Debt-to-equity | 26.34 | 1.32 |
| Current ratio | 0.85 | 1.30 |
| Revenue growth | – | 6.1% |
| Revenue per employee | 0.39 MNOK | 0.30 MNOK |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 49, Progresjon Trening AS does better than 49% of companies in the Morning class Micro in the same sector (902 companies) in 2023.
Score 2023–2025
- Progresjon Trening AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Progresjon Trening AS had an operating margin of 19.9% and an equity ratio of 3.7% in 2023, and ranks 685 of 1,353 in Kultur og fritid.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 0 MNOK and 12 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 21.1 | 11 MNOK |
| EV/EBIT | 19.9 | 12 MNOK |
| P/B | 3.3 | 0 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
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 3.7% (median 30.1%).
- watch
Consider strengthening liquidity: current liabilities are 1.2 times current assets.
Based on: Current ratio 0.85 (median 1.30).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.4% 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 | 93 | weight 30% |
|---|---|---|
| Solidity | 15 | weight 25% |
| Liquidity | 29 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 36 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Progresjon Trening AS?
The operating margin was 19.9% in 2023, against a median of 3.6% among companies in the Morning class Micro in the same sector. Return on assets was 143.8%.
How solid is Progresjon Trening AS?
The equity ratio was 3.7% in 2023 (median 30.1%). Debt-to-equity was 26.34 (median 1.32).
What is the liquidity of Progresjon Trening AS like?
The current ratio was 0.85 in 2023 (median 1.30). Current assets did not cover current liabilities.
How does Progresjon Trening AS compare in Kultur og fritid?
Progresjon Trening AS ranks 685 of 1,353 in Kultur og fritid for 2023. Among companies in the Morning class Micro it is number 459 of 902.
From the Central Coordinating Register
- Org. no.
- 923568204
- Legal form
- AS
- Sector
- Kultur og fritid (93.130)
- Morning company class
- Micro
- Employees
- 15 registered 10 June 2026
- Founded
- 24 September 2019 7 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Krokatjønnveien 15, 5147 FYLLINGSDALEN (BERGEN)
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
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 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
- Ultimate owner: private person
The company is new in the shareholder register in 2025.
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 5 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 49 | 55 | 40 | |
| Rank | 685 | 562 | 976 | |
| Operating margin | 19.9% | 7.7% | 2.8% | |
| Return on assets | 143.8% | 35.2% | 17.4% | |
| Equity ratio | 3.7% | 21.7% | 4.0% | |
| Current ratio | 0.85 | 0.84 | 0.61 | |
| Revenue growth | – | 10.9% | 11.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 5.9 MNOK | 6.6 MNOK | 7.3 MNOK |
| Operating profit | 1.2 MNOK | 0.5 MNOK | 0.2 MNOK |
| Profit before tax | 1.1 MNOK | 0.5 MNOK | 0.1 MNOK |
| Tax expense | 0.0 MNOK | −0.2 MNOK | 0.1 MNOK |
| Net profit | 1.1 MNOK | 0.6 MNOK | 0.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total assets | 0.8 MNOK | 1.4 MNOK | 1.2 MNOK |
| Current assets | 0.5 MNOK | 0.9 MNOK | 0.7 MNOK |
| Equity | 0.0 MNOK | 0.3 MNOK | 0.0 MNOK |
| Retained earnings | 0.0 MNOK | 0.3 MNOK | 0.0 MNOK |
| Total liabilities | 0.8 MNOK | 1.1 MNOK | 1.1 MNOK |
| Current liabilities | 0.6 MNOK | 1.0 MNOK | 1.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 5391363.
Further
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