2MIND DESIGN AS: årsregnskap 2017 vs 2016
Shrank 99% on revenue, cash halved-plus
approved 2018-06-30; registry 2018-07-14; journal 2018 733983
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 2MIND DESIGN AS. Revenue 75.0k NOK → 1 057 NOK (-98.6%). Equity 94.9k NOK → 119.6k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
75.0k NOK
1 057 NOK
-98.6%
Equity
94.9k NOK
119.6k NOK
+26.0%
Cash
343.7k NOK
39.1k NOK
-88.6%
Total assets
519.4k NOK
366.9k NOK
-29.3%
What improved
-
↑
Equity strengthened
Book equity 94.9k NOK → 119.6k NOK (equity ratio 18.3% → 32.6%). Calculated
-
↑
Payroll decreased
Salary cost 792.5k NOK → 566.3k NOK (1057% → 53581% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 75.0k NOK to 1 057 NOK (-98.6% YoY). Calculated
-
↓
Cash fell
Bank deposits 343.7k NOK → 39.1k NOK (-88.6% YoY). Calculated