PROGRESS SOFTWARE A/S

CVR 77357211 · Public limited company (A/S) · Active · Low risk

PROGRESS SOFTWARE A/S is a Public limited company (A/S), founded on , based in København Ø. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Nov 2025) shows equity of DKK 3.8m and a net result of DKK 254k. CEO: Leendert Steendijk.

Bankruptcy risk for PROGRESS SOFTWARE A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Auditor's statementAndet · bankruptcy rate 0.0%0.00×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
77357211
Status
Active
Company type
Public limited company (A/S)
Founded
(41 years)
Address
c/o CSC (DENMARK) ApS, Sundkrogsgade 21
2100 København Ø
Municipality
København
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 500k
Employees
0 (2017)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late10 of 31
Missing annual reportNo
Negative equityNo
Equity ratio54.5%
Current ratio220%
Moves (last 2 years)0
CEO changes in total14
CEO's previous bankruptcies0
Other companies at the address472
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 286kDKK 310kDKK 264k
Net profitDKK 254kDKK 347kDKK 315k
EquityDKK 3.8mDKK 3.5mDKK 3.2m
Total assetsDKK 6.9mDKK 6.5mDKK 6.1m
CashDKK 4.2mDKK 4.0m–
Short-term debtDKK 3.1mDKK 3.0m–
Tax owedDKK 0DKK 50k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Independent Auditor’s Report · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Dec 2024 – 30 Nov 2025180
1 Dec 2023 – 30 Nov 2024166
1 Dec 2022 – 30 Nov 2023166
1 Dec 2021 – 30 Nov 2022160
1 Dec 2020 – 30 Nov 2021150
1 Dec 2019 – 30 Nov 2020163
1 Dec 2018 – 30 Nov 2019155
1 Dec 2017 – 30 Nov 2018159
1 Dec 2016 – 30 Nov 2017152
1 Dec 2015 – 30 Nov 2016167
1 Dec 2014 – 30 Nov 2015172
1 Dec 2013 – 30 Nov 2014173
1 Dec 2012 – 30 Nov 2013151
1 Dec 2011 – 30 Nov 2012135
1 Dec 2010 – 30 Nov 2011250 Late
1 Dec 2009 – 30 Nov 2010211 Late
1 Dec 2008 – 30 Nov 2009106
1 Dec 2007 – 30 Nov 2008168
1 Dec 2006 – 30 Nov 2007160
1 Dec 2005 – 30 Nov 2006152

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOLeendert SteendijkCurrent
CEOBjarne Corvinius
CEOPeder Welch Nelson
CEORolf Harry Carstens
CEOJens Bo Frederiksen
CEOJørn Martin Bank
CEOStephen Blow
CEOKarl Robert Campbell
CEOWillem Albert Knol
BoardLeendert SteendijkCurrent
BoardCharles PollakCurrent
BoardDomenic LoCocoCurrent
BoardBjarne Corvinius
BoardNiels Peter Jensen
BoardHenrik Verner Teide
BoardCary L Johnson
BoardRolf Harry Carstens
BoardArie van Marion
BoardTor Ingar Lau
BoardDavid Paul Vesty
BoardDave George Ireland
BoardJan Lennart Crister Fröberg
BoardJaap Landsman
BoardKarl Robert Campbell
BoardHugh Jefferson Ray
BoardFrancis Christopher Mcllroy
BoardNorman Roy Robertson
BoardWillem Albert Knol
BoardBrian Patrick Flanagan
BoardDomenic LoCoco
BoardStephen Howard Faberman
BoardYuFan Stephanie Wang
Owner (100%)Progress Software CorporationCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPWCSP STATSAUTORISERET REVISIONSANPARTSSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorEBJ Revision V/reg. revisor Erik Bundgaard Jensen.

The CEOs' other companies

Bjarne Corvinius – 1 other companies, of which 1 bankrupt

Peder Welch Nelson – 10 other companies, of which 4 bankrupt

Jens Bo Frederiksen – 3 other companies

Jørn Martin Bank – 47 other companies, of which 12 bankrupt

Address history (6 moves)

c/o CSC (DENMARK) ApS, Sundkrogsgade 21, 2100 København Ø
c/o c/o Harbour House, Sundkrogsgade 21, 2100 København Ø
Lautruphøj 1, 2750 Ballerup
Kielshøj 52, 3520 Farum
Kielshøj 52, 3520 Farum
Hørkær 14, 2730 Herlev
Baltorpbakken 14, 2750 Ballerup

Former names

PROGRESS SOFTWARE A/S – now
MSE DISTRIBUTION A/S –

Employees per year

Number of employees at PROGRESS SOFTWARE A/S per year5101999: 919992000: 1020002001: 920012002: 620022003: 520032004: 220042016: 120162017: 02017

Other companies at the same address

Similar companies in København

Questions and answers about PROGRESS SOFTWARE A/S

Has PROGRESS SOFTWARE A/S gone bankrupt?

No, PROGRESS SOFTWARE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of PROGRESS SOFTWARE A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of PROGRESS SOFTWARE A/S?

Leendert Steendijk is the CEO of PROGRESS SOFTWARE A/S.

Who is the auditor of PROGRESS SOFTWARE A/S?

PROGRESS SOFTWARE A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was PROGRESS SOFTWARE A/S founded?

PROGRESS SOFTWARE A/S was founded on 1 March 1985.

What is the equity of PROGRESS SOFTWARE A/S?

Equity was DKK 3.8m according to the annual report for the period ending 30 November 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.