Org.nr 998 895 804 2023 → 2024 Year-over-year analysis

2MIND DESIGN AS: årsregnskap 2024 vs 2023

Shrank 35% on revenue

approved 2025-05-07; registry 2025-06-02; journal 2025 496642

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 2MIND DESIGN AS. Revenue 1.38m NOK → 893.6k NOK (-35.1%). Net result +20.5k NOK → +30.2k NOK. Equity 214.4k NOK → 244.6k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

Scorecard

Revenue
1.38m NOK 893.6k NOK
-35.1%
Operating result
+26.2k NOK +46.4k NOK
+77.2%
Net result
+20.5k NOK +30.2k NOK
+47.5%
Equity
214.4k NOK 244.6k NOK
+14.1%
Cash
10.6k NOK 36.6k NOK
+243.8%
Total assets
342.3k NOK 406.0k NOK
+18.6%

What improved

  • ↑

    Operating result improved

    Operating result +26.2k NOK → +46.4k NOK (op. margin 1.9% → 5.2%). Calculated

  • ↑

    Net result improved

    Net result +20.5k NOK → +30.2k NOK (net margin 1.5% → 3.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 214.4k NOK → 244.6k NOK (equity ratio 62.6% → 60.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.6k NOK → 36.6k NOK (+243.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 887.3k NOK → 409.3k NOK (64% → 46% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.38m NOK to 893.6k NOK (-35.1% YoY). Calculated