Duett AS

Tynset, Norway Founded: 1982 • Age: 44 yrs Acquired By Accel-KKR
Cloud-based accounting software is provided for businesses and accountants.
Annual revenue $26.1M Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Duett AS

Duett AS is a company based in Tynset (Norway) founded in 1982 was acquired by Accel-KKR in December 2019. Duett AS has completed 2 acquisitions, including Skyhost and Traede. Duett AS offers products and services including Duett Økonomi, Taskline, and Duett App. Duett AS operates in a competitive market with competitors including Intuit, Visma, Xero, Wave and FreshBooks, among others.

  • Headquarter Tynset, Norway
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Duett As
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $26.07 M (USD)
    5
    as on Dec 31, 2021
  • Net Profit
    $3.3 M (USD)
    2
    as on Dec 31, 2021
  • EBITDA
    $4.14 M (USD)
    8
    as on Dec 31, 2021
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Skyhost

    & 1 more

  • Acquired by
    Accel-KKR

    (Dec 12, 2019)

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Products & Services of Duett AS

Duett AS offers a comprehensive portfolio of products and services, including Duett Økonomi, Taskline, and Duett App.

Product name locked
Category locked
Primary

Cloud-based program for automated invoicing and financial tasks

Product name locked
Category locked
Locked

System for oppdragsstyring and quality control in accounting

Product name locked
Category locked
Locked

App for on-the-go financial oversight and invoicing

People of Duett AS

Headcount 50-200
Employee Profiles 9
Employee Profiles
People
Safa al-Nashy
UX Lead
People
Sindre Mikal Oterhals
Chief Human Resources Officer
People
Erik Harrell
Chief Executive Officer
People
Lona Hartvedt Nordén
Chief Customer Officer

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Funding Insights of Duett AS

Investors in Duett AS

Duett AS has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Armada Credit Partners and Accel-KKR.

All
Venture Fund
Investor Description Founded Year Domain Location
Private debt solutions are offered to sustainable growing companies.
Locked Locked Locked
Investments are focused on mid-market software and technology-enabled services firms.
Locked Locked Locked
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Investor details for Duett AS

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Duett AS

Duett AS has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Skyhost and Traede.

Investments
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Investment portfolio details for Duett AS

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Software solutions for fashion brands' B2B operations are provided.
Locked Locked 2012 Locked
GPS-enabled fleet management solutions with tracking features are provided.
Locked Locked 2006 Locked
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Complete acquisition details for Duett AS

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  • Domains and locations

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Financial Statements - Duett AS

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Detailed financials for Duett AS

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Duett As Comparisons

Duett AS Primary company
Description
Cloud-based accounting software is provided for businesses a...
Location
Tynset, Norway
Founded Year
1982
Annual Revenue
$26.07 M (USD)
Net Profit
$3.3 M (USD)
EBITDA
$4.14 M (USD)
Employees
Not available
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Peer comparison for Duett AS

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Duett AS

Duett AS operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intuit, Visma, Xero, Wave and FreshBooks, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Financial and accounting software is developed for businesses and individuals.
Locked Locked Locked
Cloud-based ERP software is provided for business management across segments.
Locked Locked Locked
Cloud-based accounting and payment management is offered for small businesses.
Locked Locked Locked
Web-based accounting software is offered for business use.
Locked Locked Locked
Cloud-based invoicing and accounting software is offered for businesses.
Locked Locked Locked
Cloud-based accounting software is provided for small businesses and freelancers.
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Detailed competitors of Duett AS

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Latest news on Duett As

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Complete news archive for Duett AS

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Frequently Asked Questions about Duett AS

Duett AS was founded in 1982 and raised its 1st funding round 33 years after it was founded.

Duett AS is headquartered in Tynset, Norway. It is registered at Tynset, Innlandet, Norway.

Annual revenue of Duett AS is $26.07M as on Dec 31, 2021.

Duett AS was established in 1982 and is headquartered in Tynset, Norway. Cloud-based accounting software is offered to support accountants and businesses in various operations. Key features include financial analysis, billing and invoicing, document management, payment processing, financial reporting, payroll handling, and expense tracking. Solutions are adapted for sectors such as real estate, agriculture, legal services, and construction.

Duett AS's top competitors include Intuit, Visma and Clear.

Duett AS offers Duett Økonomi, Taskline, and Duett App.

Duett AS has made 2 acquisitions, including Skyhost, and Traede.

Duett AS has 2 investors. Key investors include Armada Credit Partners, and Accel-KKR.

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