DUOTECH AS

3413 LIER

Finances

Share Ownership

Return on Equity

31,39 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 424 000	8 291 000	5 425 000	5 911 000
Net Income	618 000	1 309 000	552 000	909 000
Total Assets	4 776 000	4 457 000	3 280 000	2 973 000
Total Equity	1 969 000	2 051 000	1 542 000	1 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 424 000	8 291 000	5 425 000	5 911 000
Expenditure	7 454 000	6 821 000	4 690 000	4 746 000
Operating Profit	970 000	1 470 000	735 000	1 164 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	1 000	1 000
Earnings Before Tax	968 000	1 470 000	735 000	1 165 000
Tax	350 000	162 000	183 000	256 000
Net Income	618 000	1 309 000	552 000	909 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	31 000	0	0
Total Current Assets	4 759 000	4 426 000	3 280 000	2 973 000
Total Assets	4 776 000	4 457 000	3 280 000	2 973 000
Total Retained Equity	1 911 000	1 993 000	1 484 000	1 232 000
Total Equity	1 969 000	2 051 000	1 542 000	1 290 000
Total Long-Term Debt	0	7 000	0	0
Total Current Debt	2 807 000	2 399 000	1 738 000	1 683 000
Total Equity and Debt	4 776 000	4 457 000	3 280 000	2 973 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 410 000	8 283 000	5 386 000	5 907 000
Other Income	15 000	8 000	39 000	4 000
Revenue	8 424 000	8 291 000	5 425 000	5 911 000
Cost of Goods Sold	1 867 000	2 812 000	1 864 000	1 100 000
Salary Costs	4 555 000	3 447 000	2 327 000	3 273 000
Depreciation	13 000	9 000	0	0
Impairment	0	0	0	0
Expenditure	7 454 000	6 821 000	4 690 000	4 746 000
Operating Profit	970 000	1 470 000	735 000	1 164 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	1 000	1 000
Dividends	700 000	800 000	300 000	600 000
Net Income	618 000	1 309 000	552 000	909 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	31 000	0	0
Total Tangible Assets	17 000	31 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	31 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 600 000	2 779 000	2 199 000	2 772 000
Total Current Assets	4 759 000	4 426 000	3 280 000	2 973 000
Total Assets	4 776 000	4 457 000	3 280 000	2 973 000
Total Equity	1 969 000	2 051 000	1 542 000	1 290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	7 000	0	0
Creditors	401 000	655 000	687 000	262 000
Unpaid Taxes	558 000	475 000	356 000	294 000
Dividends	700 000	800 000	300 000	600 000
Other Current Debt	934 000	294 000	215 000	271 000
Total Current Debt	2 807 000	2 399 000	1 738 000	1 683 000
Total Equity and Debt	4 776 000	4 457 000	3 280 000	2 973 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,39 %	63,82 %	35,8 %	70,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,51 %	17,73 %	13,55 %	19,69 %
Current Ratio	1,7	1,84	1,89	1,77
Quick Ratio	1,7	1,84	1,89	1,77
Equity Ratio	0,41	0,46	0,47	0,43
Gross Profit Margin	77,84 %	66,08 %	65,64 %	81,39 %