2MIND DESIGN AS: årsregnskap 2019 vs 2018
Shrank 51% on revenue
approved 2020-05-31; registry 2020-09-07; journal 2020 798933
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 2MIND DESIGN AS. Revenue 1.55m NOK → 762.6k NOK (-50.9%). Equity 22.6k NOK → 59.3k 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
1.55m NOK
762.6k NOK
-50.9%
Operating result
n/m
+36.7k NOK
—
Net result
n/m
+36.7k NOK
—
Equity
22.6k NOK
59.3k NOK
+162.8%
Cash
28.8k NOK
31.9k NOK
+10.7%
Total assets
186.0k NOK
96.0k NOK
-48.4%
What improved
-
↑
Equity strengthened
Book equity 22.6k NOK → 59.3k NOK (equity ratio 12.1% → 61.7%). Calculated
-
↑
Cash rose
Bank deposits 28.8k NOK → 31.9k NOK (+10.7% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.55m NOK to 762.6k NOK (-50.9% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 0 NOK → 336.5k NOK (0% → 44% of revenue). Calculated