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Progress Ingeniørfirma AS
AS
Active
Org 994535277
Frysjaveien 33E, 0884
Oslo
Wholesale of other machinery and equipment
·
NACE 4664
Est. 2009 · 16 years old
16 employees
Monitor
Share
Norway
/
Companies
/
Wholesale of other machinery and equipment
/
Progress Ingeniørfirma AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
118M
89M
59M
30M
0M
2021: 43M
43M
2021
2022: 55M (+28% vs 2021)
55M
+28%
2022
2023: 81M (+47% vs 2022)
81M
+47%
2023
2024: 84M (+4% vs 2023)
84M
+4%
2024
2025: 95M (+13% vs 2024)
95M
+13%
2025
EBITDA
NOK millions
8M
5M
2M
0M
-3M
2021: 2M
2M
2021
2022: -1M (-150% vs 2021)
-1M
-150%
2022
2023: 3M (+400% vs 2022)
3M
+400%
2023
2024: 3M (0% vs 2023)
3M
0%
2024
2025: 6M (+100% vs 2024)
6M
+100%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
94 869
84 077
81 123
55 454
42 983
Staff expenses
−18 086
−17 732
−15 381
−12 942
−8 644
EBITDA
6 259
2 656
2 662
−652
1 875
Depreciation & amort.
−559
−601
−208
−158
−209
EBIT
5 700
2 055
2 454
−810
1 667
Net financials
−1 001
−1 390
−2 291
−496
179
Profit before tax
4 699
664
163
−1 306
1 846
Tax
1 055
166
55
−271
423
Net profit
3 644
498
109
−1 035
1 422
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
55 854
57 067
60 029
53 034
25 842
Equity
21 679
18 035
17 537
17 428
17 910
Long-term debt
16 300
7 900
8 350
8 950
0
Short-term debt
17 875
31 131
34 142
26 656
7 932
Total debt
34 175
39 031
42 492
35 606
7 932
Financial ratios
5-year trend
EBITDA margin
6,6 %
This company
15,8 %
Market median
This company
Market median
58% below market
2021
2025
Equity ratio
38,8 %
This company
38,2 %
Market median
This company
Market median
2% above market
2021
2025
Return on equity
16,8 %
This company
18,4 %
Market median
This company
Market median
9% below market
2021
2025
Net profit margin
3,8 %
This company
8,1 %
Market median
This company
Market median
53% below market
2021
2025
Asset turnover
1,70×
This company
1,12×
Market median
This company
Market median
52% above market
2021
2025
Debt / equity
1,58×
This company
0,62×
Market median
This company
Market median
155% above 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 Ingeniørfirma AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
