DUCO AS

4262 AVALDSNES

Finances

Return on Equity

24,07 %

Current Ratio

0,94

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 525 000	18 995 000	20 757 000	14 203 000
Net Income	1 235 000	62 000	1 243 000	405 000
Total Assets	12 630 000	8 659 000	7 856 000	5 742 000
Total Equity	5 131 000	4 254 000	4 192 000	2 949 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 525 000	18 995 000	20 757 000	14 203 000
Expenditure	26 902 000	18 897 000	19 159 000	13 679 000
Operating Profit	1 623 000	98 000	1 597 000	524 000
Financial Income	0	0	1 000	1 000
Financial Costs	23 000	9 000	0	1 000
Financial Balance	−23 000	−9 000	1 000	0
Earnings Before Tax	1 600 000	88 000	1 598 000	524 000
Tax	365 000	27 000	355 000	119 000
Net Income	1 235 000	62 000	1 243 000	405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 957 000	4 538 000	3 711 000	1 810 000
Total Current Assets	6 673 000	4 121 000	4 145 000	3 932 000
Total Assets	12 630 000	8 659 000	7 856 000	5 742 000
Total Retained Equity	4 981 000	4 104 000	4 042 000	2 799 000
Total Equity	5 131 000	4 254 000	4 192 000	2 949 000
Total Long-Term Debt	369 000	46 000	442 000	6 000
Total Current Debt	7 130 000	4 359 000	3 222 000	2 787 000
Total Equity and Debt	12 630 000	8 659 000	7 856 000	5 742 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 240 000	18 791 000	20 757 000	14 203 000
Other Income	285 000	203 000	0	0
Revenue	28 525 000	18 995 000	20 757 000	14 203 000
Cost of Goods Sold	15 458 000	10 156 000	12 936 000	9 429 000
Salary Costs	7 954 000	6 002 000	3 868 000	2 555 000
Depreciation	95 000	69 000	82 000	74 000
Impairment	0	0	0	0
Expenditure	26 902 000	18 897 000	19 159 000	13 679 000
Operating Profit	1 623 000	98 000	1 597 000	524 000
Financial Income	0	0	1 000	1 000
Financial Costs	23 000	9 000	0	1 000
Financial Balance	−23 000	−9 000	1 000	0
Dividends	0	0	0	0
Net Income	1 235 000	62 000	1 243 000	405 000

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	45 000	55 000	65 000	75 000
Fixtures	239 000	375 000	256 000	214 000
Total Tangible Assets	284 000	430 000	445 000	429 000
Total Fiancial Fixed Assets	5 673 000	4 109 000	3 266 000	1 381 000
Total Fixed Assets	5 957 000	4 538 000	3 711 000	1 810 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	279 000	389 000	1 922 000	1 183 000
Total Current Assets	6 673 000	4 121 000	4 145 000	3 932 000
Total Assets	12 630 000	8 659 000	7 856 000	5 742 000
Total Equity	5 131 000	4 254 000	4 192 000	2 949 000
Short-Term Group Debt	400 000	0	0	0
Total Long-Term Debt	369 000	46 000	442 000	6 000
Creditors	2 813 000	2 088 000	1 935 000	1 064 000
Unpaid Taxes	1 553 000	847 000	680 000	556 000
Dividends	0	0	0	0
Other Current Debt	2 115 000	1 002 000	608 000	1 049 000
Total Current Debt	7 130 000	4 359 000	3 222 000	2 787 000
Total Equity and Debt	12 630 000	8 659 000	7 856 000	5 742 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,07 %	1,46 %	29,65 %	13,73 %
Debt-to-Equity Ratio	0,07	0,01	0,11	0
Operating Profit Margin	5,69 %	0,52 %	7,69 %	3,69 %
Current Ratio	0,94	0,95	1,29	1,41
Quick Ratio	0,94	0,95	1,29	1,41
Equity Ratio	0,41	0,49	0,53	0,51
Gross Profit Margin	45,81 %	46,53 %	37,68 %	33,61 %