DUELL SOFTWARE AS

4624 KRISTIANSAND S

Finances

Return on Equity

32,78 %

Current Ratio

0,34

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 991 000	18 720 000	10 577 000	6 917 000
Net Income	4 410 000	3 856 000	2 342 000	−191 000
Total Assets	34 443 000	24 171 000	14 968 000	10 216 000
Total Equity	13 454 000	9 044 000	76 000	−2 266 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 991 000	18 720 000	10 577 000	6 917 000
Expenditure	16 866 000	13 394 000	7 123 000	6 687 000
Operating Profit	6 125 000	5 326 000	3 454 000	230 000
Financial Income	34 000	11 000	16 000	1 000
Financial Costs	396 000	394 000	464 000	476 000
Financial Balance	−362 000	−383 000	−448 000	−475 000
Earnings Before Tax	5 763 000	4 944 000	3 006 000	−245 000
Tax	1 353 000	1 088 000	664 000	−54 000
Net Income	4 410 000	3 856 000	2 342 000	−191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 966 000	17 658 000	10 506 000	7 138 000
Total Current Assets	6 477 000	6 513 000	4 463 000	3 077 000
Total Assets	34 443 000	24 171 000	14 968 000	10 216 000
Total Retained Equity	5 278 000	868 000	−24 000	−2 366 000
Total Equity	13 454 000	9 044 000	76 000	−2 266 000
Total Long-Term Debt	2 167 000	4 042 000	5 024 000	0
Total Current Debt	18 822 000	11 085 000	9 869 000	12 482 000
Total Equity and Debt	34 443 000	24 171 000	14 968 000	10 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 952 000	18 720 000	10 577 000	3 050 000
Other Income	40 000	0	0	3 867 000
Revenue	22 991 000	18 720 000	10 577 000	6 917 000
Cost of Goods Sold	3 338 000	3 241 000	1 860 000	1 751 000
Salary Costs	7 233 000	6 188 000	3 484 000	3 059 000
Depreciation	2 722 000	1 506 000	565 000	595 000
Impairment	0	0	0	0
Expenditure	16 866 000	13 394 000	7 123 000	6 687 000
Operating Profit	6 125 000	5 326 000	3 454 000	230 000
Financial Income	34 000	11 000	16 000	1 000
Financial Costs	396 000	394 000	464 000	476 000
Financial Balance	−362 000	−383 000	−448 000	−475 000
Dividends	0	0	0	0
Net Income	4 410 000	3 856 000	2 342 000	−191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 249 000	15 024 000	8 564 000	6 603 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 000	0	0	0
Fixtures	387 000	78 000	129 000	300 000
Total Tangible Assets	390 000	78 000	129 000	300 000
Total Fiancial Fixed Assets	2 328 000	2 557 000	1 813 000	235 000
Total Fixed Assets	27 966 000	17 658 000	10 506 000	7 138 000
Stock	1 332 000	857 000	851 000	1 455 000
Total Investments	0	0	0	0
Cash, Bank	3 020 000	1 787 000	383 000	710 000
Total Current Assets	6 477 000	6 513 000	4 463 000	3 077 000
Total Assets	34 443 000	24 171 000	14 968 000	10 216 000
Total Equity	13 454 000	9 044 000	76 000	−2 266 000
Short-Term Group Debt	2 800 000	3 800 000	1 000	0
Total Long-Term Debt	2 167 000	4 042 000	5 024 000	0
Creditors	9 404 000	5 264 000	8 871 000	5 438 000
Unpaid Taxes	726 000	781 000	479 000	273 000
Dividends	0	0	0	0
Other Current Debt	1 192 000	960 000	485 000	161 000
Total Current Debt	18 822 000	11 085 000	9 869 000	12 482 000
Total Equity and Debt	34 443 000	24 171 000	14 968 000	10 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,78 %	42,64 %	3 081,58 %	8,43 %
Debt-to-Equity Ratio	0,16	0,45	66,11	−0
Operating Profit Margin	26,64 %	28,45 %	32,66 %	3,33 %
Current Ratio	0,34	0,59	0,45	0,25
Quick Ratio	0,37	0,64	0,49	0,28
Equity Ratio	0,39	0,37	0,01	−0,22
Gross Profit Margin	85,48 %	82,69 %	82,41 %	74,69 %