Financial results - PROGRESS ADVISORY ROMANIA SRL

Financial Summary - Progress Advisory Romania Srl
Unique identification code: 22844442
Registration number: J2007005168126
Nace: 7020
Sales - Ron
181.875
Net Profit - Ron
-32.704
Employees
8
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Company Progress Advisory Romania Srl with Fiscal Code 22844442 recorded a turnover of 2024 of 181.875, with a net profit of -32.704 and having an average number of employees of 8. The company operates in the field of Activităţi de consultanţă în afaceri și management having the NACE code 7020.
Sales - Ron

Sales, Profit, Employees, Total Income, Financial Results - Progress Advisory Romania Srl

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Sales - EUR 194.207 54.328 136.856 367.543 273.494 354.550 278.309 270.207 304.394 181.875
Total Income - EUR 196.491 57.306 137.829 381.541 280.690 369.407 287.081 307.770 327.989 222.887
Total Expenses - EUR 122.837 125.354 125.341 129.198 182.161 185.642 201.557 206.430 256.634 255.592
Gross Profit/Loss - EUR 73.654 -68.048 12.488 252.343 98.529 183.764 85.525 101.340 71.355 -32.704
Net Profit/Loss - EUR 73.654 -68.048 12.488 248.659 95.764 180.425 82.993 98.267 70.767 -32.704
Employees 8 9 8 7 10 9 11 11 11 8
The table presents the most important indicators of the company from the Profit and Loss Account for the last 10 years of activity as found at the Ministry of Finance. The data provides the evolution of the company during this period regarding the increases and possibly decreases recorded. In the last year of activity, the sales decreased by -39.9%, from 304.394 euro in the year 2023, to 181.875 euro in 2024. The Net Profit decreased by -70.371 euro, from 70.767 euro in 2023, to 0 in the last year.
Sales - Ron
Net Profit - Ron
Employees

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Financial Analysis Reports provide a clear and comprehensive view of a company's financial activity. In addition to presenting financial data, the reports analyze this data so that any user can understand whether the results are positive or less favorable. The Financial Rating provides an analysis based on the most important financial ratios, including liquidity, solvency, and profitability. Payment Limits represent the maximum amounts for which a company can offer goods or services on credit to its clients. The Probability of Insolvency presents the theoretical probability that a company may not be able to meet its financial obligations towards its creditors, i.e., suppliers and financial institutions.

Debts, Equity, Inventories, Receivables, Accounts, Assets - Progress Advisory Romania Srl - CUI 22844442

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fixed Assets 2.326 1.800 1.172 1.618 1.656 2.701 2.229 3.607 3.461 2.918
Current Assets 227.243 149.795 173.322 425.316 501.225 657.600 732.640 837.411 920.440 867.487
Inventories 0 0 0 0 0 0 0 0 0 0
Receivables 79.135 72.940 101.408 139.656 114.693 177.618 103.779 134.988 99.391 100.971
Cash 148.108 76.855 71.915 285.659 386.532 479.982 628.860 702.422 821.049 766.516
Shareholders Funds 118.821 49.561 61.211 302.371 392.279 565.267 635.725 735.964 804.499 767.299
Social Capital 90 89 88 86 0 83 81 81 0 0
Debts 110.748 102.034 113.284 124.563 110.602 120.401 111.007 105.053 119.402 103.106
Income in Advance 0 0 0 0 0 0 0 0 0 0
Exchange rate - RON 4.9743 4.9465 4.9315 4.9468 4.8371 4.7454 4.6535 4.5681 4.4908 4.445
Main CAEN "7020 - 7020"
CAEN Financial Year 7022
The table presents the company's Balance Sheet structure for the last 10 years. Current Assets recorded a value of 867.487 euro in 2024 which includes Inventories of 0 euro, Receivables of 100.971 euro and cash availability of 766.516 euro.
The company's Equity was valued at 767.299 euro, while total Liabilities amounted to 103.106 euro. Equity decreased by -32.704 euro, from 804.499 euro in 2023, to 767.299 in 2024.

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