FirmaIQ
Org.nr 998 895 804 2022 → 2023 Year-over-year analysis

2MIND DESIGN AS: årsregnskap 2023 vs 2022

Grew 720% on revenue, cash halved-plus

approved 2024-04-27; registry 2024-05-15; journal 2024 414561

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 2MIND DESIGN AS. Revenue 168.0k NOK → 1.38m NOK (+720.0%). Net result +12.0k NOK → +20.5k NOK. Equity 193.9k NOK → 214.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 2MIND DESIGN AS.

At a glance

Scorecard

Revenue
168.0k NOK 1.38m NOK
+720.0%
Operating result
+15.4k NOK +26.2k NOK
+69.7%
Net result
+12.0k NOK +20.5k NOK
+70.6%
Equity
193.9k NOK 214.4k NOK
+10.6%
Cash
77.2k NOK 10.6k NOK
-86.2%
Total assets
344.7k NOK 342.3k NOK
-0.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 168.0k NOK to 1.38m NOK (+720.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +15.4k NOK → +26.2k NOK (op. margin 9.2% → 1.9%). Calculated

  • ↑

    Net result improved

    Net result +12.0k NOK → +20.5k NOK (net margin 7.2% → 1.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 193.9k NOK → 214.4k NOK (equity ratio 56.2% → 62.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.68m NOK → 887.3k NOK (2192% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 77.2k NOK → 10.6k NOK (-86.2% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact