2MIND DESIGN AS: årsregnskap 2018 vs 2017
Grew 146719% on revenue
approved 2019-06-30; registry 2019-07-13; journal 2019 743444
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 2MIND DESIGN AS. Revenue 1 057 NOK → 1.55m NOK (+146718.5%). Equity 119.6k NOK → 22.6k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
1 057 NOK
1.55m NOK
+146718.5%
Equity
119.6k NOK
22.6k NOK
-81.1%
Cash
39.1k NOK
28.8k NOK
-26.3%
Total assets
366.9k NOK
186.0k NOK
-49.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 057 NOK to 1.55m NOK (+146718.5% YoY). Calculated
-
↑
Payroll decreased
Salary cost 566.3k NOK → 0 NOK (53581% → 0% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 119.6k NOK → 22.6k NOK (equity ratio 32.6% → 12.1%). Calculated
-
↓
Cash fell
Bank deposits 39.1k NOK → 28.8k NOK (-26.3% YoY). Calculated