DUETT SOFTWARE GROUP AS

0278 OSLO

Finances

Return on Equity

−21,37 %

Current Ratio

1,16

Debt-to-Equity Ratio

2,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	264 324 000	245 888 000	0	0
Net Income	−54 412 000	−39 276 000	0	0
Total Assets	899 474 000	972 290 000	482 405 000	478 080 000
Total Equity	254 671 000	300 501 000	310 500 000	310 500 000

Income (NOK)	2022	2021	2020	2019
Revenue	264 324 000	245 888 000	0	0
Expenditure	289 243 000	263 443 000	112 000	0
Operating Profit	−24 920 000	−17 554 000	−112 000	0
Financial Income	1 010 000	28 000	9 118 000	1 415 000
Financial Costs	38 721 000	27 953 000	9 005 000	1 415 000
Financial Balance	−37 711 000	−27 925 000	113 000	0
Earnings Before Tax	−62 631 000	−45 479 000	0	0
Tax	−8 219 000	−6 203 000	0	0
Net Income	−54 412 000	−39 276 000	0	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	816 051 000	876 903 000	431 213 000	476 632 000
Total Current Assets	83 423 000	95 388 000	51 192 000	1 448 000
Total Assets	899 474 000	972 290 000	482 405 000	478 080 000
Total Retained Equity	−117 593 000	−71 763 000	0	0
Total Equity	254 671 000	300 501 000	310 500 000	310 500 000
Total Long-Term Debt	572 829 000	588 456 000	157 000 000	167 000 000
Total Current Debt	71 973 000	83 333 000	14 905 000	580 000
Total Equity and Debt	899 474 000	972 290 000	482 405 000	478 080 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	264 324 000	245 888 000	0	0
Other Income	0	0	0	0
Revenue	264 324 000	245 888 000	0	0
Cost of Goods Sold	74 720 000	78 359 000	0	0
Salary Costs	84 131 000	73 009 000	0	0
Depreciation	100 828 000	94 359 000	0	0
Impairment	0	0	0	0
Expenditure	289 243 000	263 443 000	112 000	0
Operating Profit	−24 920 000	−17 554 000	−112 000	0
Financial Income	1 010 000	28 000	9 118 000	1 415 000
Financial Costs	38 721 000	27 953 000	9 005 000	1 415 000
Financial Balance	−37 711 000	−27 925 000	113 000	0
Dividends	0	0	0	0
Net Income	−54 412 000	−39 276 000	0	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	429 461 000	424 907 000	0	0
Total Intangible Assets	799 989 000	860 697 000	0	0
Real Eastate	16 060 000	16 204 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 060 000	16 204 000	0	0
Total Fiancial Fixed Assets	3 000	3 000	431 213 000	476 632 000
Total Fixed Assets	816 051 000	876 903 000	431 213 000	476 632 000
Stock	1 483 000	1 865 000	0	0
Total Investments	0	0	0	0
Cash, Bank	58 844 000	73 049 000	6 000	3 000
Total Current Assets	83 423 000	95 388 000	51 192 000	1 448 000
Total Assets	899 474 000	972 290 000	482 405 000	478 080 000
Total Equity	254 671 000	300 501 000	310 500 000	310 500 000
Short-Term Group Debt	0	0	14 512 000	0
Total Long-Term Debt	572 829 000	588 456 000	157 000 000	167 000 000
Creditors	11 763 000	12 180 000	0	0
Unpaid Taxes	10 532 000	13 648 000	0	0
Dividends	0	0	0	0
Other Current Debt	45 097 000	54 427 000	392 000	580 000
Total Current Debt	71 973 000	83 333 000	14 905 000	580 000
Total Equity and Debt	899 474 000	972 290 000	482 405 000	478 080 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,37 %	−13,07 %	0 %	0 %
Debt-to-Equity Ratio	2,25	1,96	0,51	0,54
Operating Profit Margin	−9,43 %	−7,14 %	-	-
Current Ratio	1,16	1,14	3,43	2,5
Quick Ratio	1,18	1,17	3,43	2,5
Equity Ratio	0,28	0,31	0,64	0,65
Gross Profit Margin	71,73 %	68,13 %	-	-