DUET AUDIO AS

0270 OSLO

Finances

Share Ownership

Return on Equity

27,95 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 016 000	18 507 000	17 311 000	15 038 000
Net Income	1 099 000	1 211 000	1 210 000	221 000
Total Assets	10 173 000	8 479 000	7 817 000	5 690 000
Total Equity	3 932 000	2 833 000	1 622 000	412 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 016 000	18 507 000	17 311 000	15 038 000
Expenditure	17 375 000	16 992 000	15 603 000	14 759 000
Operating Profit	1 641 000	1 516 000	1 708 000	279 000
Financial Income	16 000	33 000	15 000	18 000
Financial Costs	210 000	88 000	7 000	33 000
Financial Balance	−194 000	−55 000	8 000	−15 000
Earnings Before Tax	1 446 000	1 460 000	1 716 000	265 000
Tax	347 000	250 000	506 000	44 000
Net Income	1 099 000	1 211 000	1 210 000	221 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	71 000	62 000	46 000	0
Total Current Assets	10 102 000	8 417 000	7 771 000	5 690 000
Total Assets	10 173 000	8 479 000	7 817 000	5 690 000
Total Retained Equity	3 837 000	2 738 000	1 528 000	318 000
Total Equity	3 932 000	2 833 000	1 622 000	412 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 241 000	5 646 000	6 195 000	5 278 000
Total Equity and Debt	10 173 000	8 479 000	7 817 000	5 690 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 007 000	18 501 000	17 258 000	15 092 000
Other Income	9 000	6 000	54 000	−54 000
Revenue	19 016 000	18 507 000	17 311 000	15 038 000
Cost of Goods Sold	11 608 000	12 025 000	10 367 000	10 363 000
Salary Costs	2 995 000	2 664 000	2 240 000	1 969 000
Depreciation	23 000	16 000	4 000	0
Impairment	0	0	0	0
Expenditure	17 375 000	16 992 000	15 603 000	14 759 000
Operating Profit	1 641 000	1 516 000	1 708 000	279 000
Financial Income	16 000	33 000	15 000	18 000
Financial Costs	210 000	88 000	7 000	33 000
Financial Balance	−194 000	−55 000	8 000	−15 000
Dividends	0	0	0	0
Net Income	1 099 000	1 211 000	1 210 000	221 000

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	71 000	62 000	46 000	0
Total Tangible Assets	71 000	62 000	46 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	71 000	62 000	46 000	0
Stock	9 121 000	7 842 000	6 550 000	4 179 000
Total Investments	0	0	0	0
Cash, Bank	113 000	80 000	102 000	125 000
Total Current Assets	10 102 000	8 417 000	7 771 000	5 690 000
Total Assets	10 173 000	8 479 000	7 817 000	5 690 000
Total Equity	3 932 000	2 833 000	1 622 000	412 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 800 000	1 039 000	3 185 000	1 900 000
Unpaid Taxes	608 000	511 000	448 000	536 000
Dividends	0	0	0	0
Other Current Debt	2 372 000	2 836 000	2 056 000	2 799 000
Total Current Debt	6 241 000	5 646 000	6 195 000	5 278 000
Total Equity and Debt	10 173 000	8 479 000	7 817 000	5 690 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,95 %	42,75 %	74,6 %	53,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,63 %	8,19 %	9,87 %	1,86 %
Current Ratio	1,62	1,49	1,25	1,08
Quick Ratio	−3,51	−3,83	−21,89	5,18
Equity Ratio	0,39	0,33	0,21	0,07
Gross Profit Margin	38,96 %	35,02 %	40,11 %	31,09 %