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Progress. AS
AS
Active
Org 918713875
Stillaveien 19, 9537
Tverrelvdalen
Engineering activities and related technical consultancy
·
NACE 7112
Est. 2017 · 9 years old
2 employees
Monitor
Share
Norway
/
Companies
/
Engineering activities and related technical consultancy
/
Progress. AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
11M
8M
6M
3M
0M
2021: 8M
8M
2021
2022: 9M (+13% vs 2021)
9M
+13%
2022
2023: 7M (-22% vs 2022)
7M
-22%
2023
2024: 9M (+29% vs 2023)
9M
+29%
2024
2025: 6M (-33% vs 2024)
6M
-33%
2025
EBITDA
NOK millions
2M
2M
1M
1M
0M
2021: 1M
1M
2021
2022: 2M (+100% vs 2021)
2M
+100%
2022
2023: 1M (-50% vs 2022)
1M
-50%
2023
2024: 1M (0% vs 2023)
1M
0%
2024
2025: 1M (0% vs 2024)
1M
0%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
5 605
8 523
7 221
8 839
7 904
Staff expenses
−2 031
−1 993
−2 513
−3 385
−2 405
EBITDA
888
1 129
645
1 569
1 387
Depreciation & amort.
−773
−752
−462
−420
−565
EBIT
115
377
183
1 149
823
Net financials
70
−24
−43
−33
−39
Profit before tax
185
353
140
1 116
783
Tax
43
83
38
250
180
Net profit
142
270
101
866
604
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
6 719
6 915
6 564
8 881
7 793
Equity
4 802
4 660
4 389
4 356
3 490
Long-term debt
0
424
551
2 265
2 334
Short-term debt
1 746
1 831
1 624
2 260
1 969
Total debt
1 917
2 255
2 175
4 525
4 303
Financial ratios
5-year trend
EBITDA margin
15,8 %
This company
15,8 %
Market median
This company
Market median
0% above market
2021
2025
Equity ratio
71,5 %
This company
38,2 %
Market median
This company
Market median
87% above market
2021
2025
Return on equity
3,0 %
This company
18,4 %
Market median
This company
Market median
84% below market
2021
2025
Net profit margin
2,5 %
This company
8,1 %
Market median
This company
Market median
69% below market
2021
2025
Asset turnover
0,83×
This company
1,12×
Market median
This company
Market median
26% below market
2021
2025
Debt / equity
0,40×
This company
0,62×
Market median
This company
Market median
35% below market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on Progress. AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
