Org.nr 998 895 804 2014 → 2015 Year-over-year analysis

2MIND DESIGN AS: årsregnskap 2015 vs 2014

Grew 30% on revenue

approved 2016-06-30; registry 2016-08-03; journal 2016 794405

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for 2MIND DESIGN AS. Revenue 631.6k NOK → 818.3k NOK (+29.6%). Equity 67.3k NOK → 80.5k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 2MIND DESIGN AS.

Scorecard

Revenue
631.6k NOK 818.3k NOK
+29.6%
Operating result
-2 763 NOK +17.9k NOK
+748.7%
Equity
67.3k NOK 80.5k NOK
+19.6%
Cash
244.9k NOK 162.4k NOK
-33.7%
Total assets
244.9k NOK 196.0k NOK
-19.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 631.6k NOK to 818.3k NOK (+29.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -2 763 NOK → +17.9k NOK (op. margin -0.4% → 2.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 67.3k NOK → 80.5k NOK (equity ratio 27.5% → 41.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 244.9k NOK → 162.4k NOK (-33.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 376.1k NOK → 419.3k NOK (60% → 51% of revenue). Calculated