2MIND DESIGN AS: årsregnskap 2022 vs 2021
Shrank 78% on revenue, weaker earnings, cash halved-plus
approved 2023-06-30; registry 2023-07-04; journal 2023 572286
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 2MIND DESIGN AS. Revenue 780.9k NOK → 168.0k NOK (-78.5%). Net result +46.5k NOK → +12.0k NOK. Equity 181.8k NOK → 193.9k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 2MIND DESIGN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 181.8k NOK → 193.9k NOK (equity ratio 51.6% → 56.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 780.9k NOK to 168.0k NOK (-78.5% YoY). Calculated
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↓
Operating result weakened
Operating result +59.7k NOK → +15.4k NOK (op. margin 7.6% → 9.2%). Calculated
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↓
Net result weakened
Net result +46.5k NOK → +12.0k NOK (net margin 6.0% → 7.2%). Calculated
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↓
Cash fell
Bank deposits 159.8k NOK → 77.2k NOK (-51.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 3.40m NOK → 3.68m NOK (436% → 2192% of revenue). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 1 → 2. Reported fact