2MIND DESIGN AS: årsregnskap 2016 vs 2015
Shrank 91% on revenue
approved 2017-06-30; registry 2017-07-29; journal 2017 779938
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 2MIND DESIGN AS. Revenue 818.3k NOK → 75.0k NOK (-90.8%). Equity 80.5k NOK → 94.9k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
818.3k NOK
75.0k NOK
-90.8%
Operating result
+17.9k NOK
n/m
—
Equity
80.5k NOK
94.9k NOK
+17.9%
Cash
162.4k NOK
343.7k NOK
+111.7%
Total assets
196.0k NOK
519.4k NOK
+165.0%
What improved
-
↑
Equity strengthened
Book equity 80.5k NOK → 94.9k NOK (equity ratio 41.1% → 18.3%). Calculated
-
↑
Cash rose
Bank deposits 162.4k NOK → 343.7k NOK (+111.7% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 818.3k NOK to 75.0k NOK (-90.8% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 419.3k NOK → 792.5k NOK (51% → 1057% of revenue). Calculated