WEBSTEP ASA: årsregnskap 2020 vs 2019
Grew 98584% on revenue
approved 2021-04-28; registry 2021-06-09; journal 2021 272426
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for WEBSTEP ASA. Revenue 152 NOK → 150.0k NOK (+98584.2%). Net result +36.08m NOK → +36.75m NOK. Equity 352.9k NOK → 12 NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
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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Revenue rose
Operating income / revenue moved from 152 NOK to 150.0k NOK (+98584.2% YoY). Calculated
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Operating result improved
Operating result -24.18m NOK → -23.42m NOK (op. margin -15904605.3% → -15610.7%). Calculated
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Cash rose
Bank deposits 17.44m NOK → 22.65m NOK (+29.9% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.46× → 320.49×. Calculated
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↑
Owners injected capital
Paid-in equity rose 183.6k NOK → 188.9k NOK (+5 344 NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 352.9k NOK → 12 NOK (equity ratio 0.1% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 435.0k NOK → 441.2k NOK. Reported fact