Margins

Duell's profitability margins have been impacted by a combination of factors, with the changes in the French brand portfolio being a significant contributor to the decline. The company's efforts to strengthen its market position in Sweden and Norway, as well as its attempts to restore profitable growth in France, have also had a negative impact on profitability. Additionally, the re-engineering of supply chain operations, including inventory optimization, has had a non-recurring negative impact on Duell's full-year result.

Solvency

In Q2 2026, the Duell Equity Ratio is 53.4%. Looking ahead to Q4 2027 (e), there is a notable increase expected, reaching 60.3%. The five-year average Equity Ratio stands at 56.6%.

In Q2 2026, Duell's gearing is expected to be 45.0%. Looking ahead, there is a significant decrease anticipated by Q4 2027 (e), with gearing expected to be around 14.3%. Historically, Duell's gearing has averaged 32.3% over the past five years.

Return on Equity and Assets

In Q2 2026, the ROE is -4.0%, indicating a significant decline in profitability. Looking ahead, the ROE is expected to improve to 7.6% by Q4 2027 (e), a notable increase. The five-year average ROE is 1.3%, suggesting a relatively stable but low return on equity over the long term.

In Q2 2026, Duell's ROA is -2.1%, indicating a negative return on assets. Looking ahead to Q4 2027 (e), the expected ROA is a significant improvement to 4.6%, suggesting a substantial increase in Duell's return on assets over the next few years. The five-year average ROA is 0.9%.

Asset Turnover Ratio

Asset Turnover Ratio is calculated as revenue / total assets.