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DUELL AS

Org. no. 924298103 · KONGSVINGER · Founded 2019

Score · fiscal year 2023

42of 100

How to read this: the company is ahead of 38 % of small companies in the same sector in 2023. What does this mean?

Rank: 16,413 of 26,382 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 23 and solidity 45 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

DUELL AS is 8 points below the median for small companies in the same sector in 2023.

Median score 50 among 24,747 companies.

Against small companies in the same sector in 2023: operating margin −3.8% (median 2.3%) and equity ratio 37.8% (median 36.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue61 MNOK3 MNOK
Operating margin −3.8% 2.3% 25 %
Profit margin −3.7% 2.0% shown, not part of the index
Return on assets −10.9% 3.3% 21 %
Equity ratio 37.8% 36.4% 51 %
Debt-to-equity 1.65 1.05 40 %
Current ratio 1.59 1.64 48 %
Revenue growth – 1.1% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 42, DUELL AS does better than 38% of small companies in the same sector (24,819 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • DUELL AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

DUELL AS had an operating margin of −3.8% and an equity ratio of 37.8% in 2023, and ranks 16,413 of 26,382 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 8 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −2.3 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −2.3 MNOK 8.0 not meaningful
P/B Equity: 7.8 MNOK 1.0 8 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2023

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −3.7% (median 2.0%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −134.9%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability23 weight 30%
Solidity45 weight 25%
Liquidity48 weight 15%
Growth– no data, left out
Consistency69 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is DUELL AS?

The operating margin was −3.8% in 2023, against a median of 2.3% among small companies in the same sector. Return on assets was −10.9%. The company made a loss before tax.

How solid is DUELL AS?

The equity ratio was 37.8% in 2023 (median 36.4%). Debt-to-equity was 1.65 (median 1.05).

What is the liquidity of DUELL AS like?

The current ratio was 1.59 in 2023 (median 1.64).

How does DUELL AS compare in Handel?

DUELL AS ranks 16,413 of 26,382 in Handel for 2023. Among companies of the same size (small companies) it ranks 15,395 of 24,819.

From the Central Coordinating Register

Org. no.
924298103
Legal form
AS
Sector
Handel (47.830)
Size tier
small
Employees
0–4 (not registered)
Founded
15 October 2019 7 years in operation
Share capital
0.03 MNOK
Business address
Kristian Walbys veg 5, 2212 KONGSVINGER
Municipality
Kongsvinger rank 26–38 of 38 in KOSTRA group 7
Latest accounts filed
2025

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Jarkko Juhana Ämmälä
Chair of the board
Jarkko Juhana Ämmälä
Auditor
KPMG AS
Accountant
PROGRESSUM KONGSVINGER AS

Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index421841
Rank16,41325,94720,232
Operating margin−3.8%−13.5%2.0%
Return on assets−10.9%−66.6%9.9%
Equity ratio37.8%−7.2%4.1%
Current ratio1.590.931.04
Revenue growth–6.2%17.7%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue61.2 MNOK65.0 MNOK76.5 MNOK
Operating profit−2.3 MNOK−8.8 MNOK1.5 MNOK
Profit before tax−2.3 MNOK−8.8 MNOK1.5 MNOK
Net profit−2.3 MNOK−8.8 MNOK1.5 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets20.7 MNOK13.2 MNOK15.9 MNOK
Current assets20.5 MNOK13.1 MNOK15.9 MNOK
Equity7.8 MNOK−0.9 MNOK0.7 MNOK
Retained earnings7.8 MNOK−1.0 MNOK0.6 MNOK
Total liabilities12.9 MNOK14.1 MNOK15.2 MNOK
Current liabilities12.9 MNOK14.1 MNOK15.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4555855.

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