WEBSTEP ASA: årsregnskap 2013 vs 2012
Shrank 100% on revenue, cash halved-plus
approved 2014-06-12; registry 2014-06-28; journal 2014 517452
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for WEBSTEP ASA. Revenue 339.1k NOK → 0 NOK (-100.0%). Net result +24.93m NOK → +27.16m NOK. Equity 237.8k NOK → 272.9k NOK.
On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; cogs moved.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for WEBSTEP ASA.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +24.93m NOK → +27.16m NOK. Calculated
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↑
Equity strengthened
Book equity 237.8k NOK → 272.9k NOK (equity ratio 0.1% → 54.8%). Calculated
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↑
Payroll decreased
Salary cost 4.25m NOK → 4 340 NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 339.1k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Cash fell
Bank deposits 1.72m NOK → 1 718 NOK (-99.9% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 16.09m NOK → 45.36m NOK (+181.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.72m NOK → 1 718 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 200.62m NOK → 200.55m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 381.5k NOK → 452.2k NOK. Reported fact