WEBSTEP ASA: årsregnskap 2019 vs 2018
Shrank 100% on revenue
approved 2020-04-02; registry 2020-11-02; journal 2020 964124
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for WEBSTEP ASA. Revenue 150.0k NOK → 152 NOK (-99.9%). Net result +35.44m NOK → +36.08m NOK. Equity 330.12m NOK → 352.9k NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; 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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↑
Cash rose
Bank deposits 26.3k NOK → 17.44m NOK (+66094.7% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 180.4k NOK → 183.6k NOK (+3 142 NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 150.0k NOK to 152 NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity 330.12m NOK → 352.9k NOK (equity ratio 62514.9% → 0.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 477.95× → 0.46× — 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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·
Book investments changed
Investment / intangible book value 433.4k NOK → 435.0k NOK. Reported fact