WEBSTEP ASA: årsregnskap 2012 vs 2011
Stronger earnings, fresh owner capital
approved 2013-04-10; registry 2013-04-29; journal 2013 364750
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for WEBSTEP ASA. Revenue 0 NOK → 339.1k NOK. Net result +15.0k NOK → +24.93m NOK. Equity 218.6k NOK → 237.8k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for WEBSTEP ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 339.1k NOK. Calculated
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↑
Net result improved
Net result +15.0k NOK → +24.93m NOK. Calculated
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↑
Equity strengthened
Book equity 218.6k NOK → 237.8k NOK (equity ratio 48479.8% → 0.1%). Calculated
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↑
Cash rose
Bank deposits 39.5k NOK → 1.72m NOK (+4249.6% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 201 NOK → 200.62m NOK (+200.62m NOK). Reported fact
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.15× → 0.69× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 4 145 NOK → 4.25m NOK. Calculated
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COGS moved
COGS / varekostnad 5 181 NOK → 16.09m NOK (+310457.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 379 NOK → 381.5k NOK. Reported fact