WEBSTEP ASA: årsregnskap 2016 vs 2015
Shrank 50% on revenue
approved 2017-04-05; registry 2017-04-18; journal 2017 273269
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for WEBSTEP ASA. Revenue 500.0k NOK → 250.0k NOK (-50.0%). Net result +42.53m NOK → +40.52m NOK. Equity 164.45m NOK → 229.0k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for WEBSTEP ASA.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 500.0k NOK to 250.0k NOK (-50.0% YoY). Calculated
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↓
Operating result weakened
Operating result -7.60m NOK → -9.67m NOK (op. margin -1519.8% → -3867.2%). Calculated
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↓
Equity eroded
Book equity 164.45m NOK → 229.0k NOK (equity ratio 33.0% → 43.3%). Calculated
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↓
Cash fell
Bank deposits 590.0k NOK → 504.0k NOK (-14.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 171.44× → 0.58× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 155.55m NOK → 52.76m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 38.98m NOK → 33.84m NOK (-13.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 444.19m NOK → 447.6k NOK. Reported fact