Webcode AS
Score · fiscal year 2025
23of 100
How to read this: the company is ahead of 7 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 949 of 1,022 · What are Morning company classes?
Place in the whole sector: 2,894 of 3,132 · Informasjon og kommunikasjon
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 39 and solidity 0 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Webcode AS is 27 points below the median for companies in the Morning class Small in the same sector in 2025.
Median score 50 among 1,022 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 1.0% (median 4.9%) and equity ratio −12.8% (median 34.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 16 MNOK | 23 MNOK |
| Operating margin | 1.0% | 4.9% |
| Profit margin | 0.6% | 5.0% |
| Return on assets | 5.8% | 9.2% |
| Equity ratio | −12.8% | 34.1% |
| Debt-to-equity | – | 1.67 |
| Current ratio | 0.84 | 1.32 |
| Revenue growth | −7.1% | 7.8% |
| Revenue per employee | 1.73 MNOK | 1.76 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 23, Webcode AS does better than 7% of companies in the Morning class Small in the same sector (1,022 companies) in 2025.
Score 2023–2025
- Webcode AS
- Median: companies in the Morning class Small in the same sector
Webcode AS has a score of 23 for 2025, rank 2,894 of 3,132 in the sector.
Strongest: Consistency: percentile 40 against peers.
Weakest: Solidity: percentile 0 against peers, equity ratio −12.8% against a median of 34.1%. Growth: percentile 17 against peers, revenue growth −7.1% against a median of 7.8%.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −12.8% (median 34.1%).
- Consider strengthening liquidity: current liabilities are 1.2 times current assets. Based on: current ratio 0.84 (median 1.32).
- What lies behind weak solidity, and will it last?
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Webcode AS had an operating margin of 1.0% and an equity ratio of −12.8% in 2025, and ranks 2,894 of 3,132 in Informasjon og kommunikasjon.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1 MNOK |
| EV/EBIT | 8.0 | 1 MNOK |
| P/B | 1.0 | not meaningful |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −12.8% (median 34.1%).
- watch
Consider strengthening liquidity: current liabilities are 1.2 times current assets.
Based on: Current ratio 0.84 (median 1.32).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.1% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
- critical Negative equity
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 4.1%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 39 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 17 | weight 15% |
| Growth | 17 | weight 15% |
| Consistency | 40 | weight 15% |
Durability: 20 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Webcode AS?
The operating margin was 1.0% in 2025, against a median of 4.9% among companies in the Morning class Small in the same sector. Return on assets was 5.8%.
How solid is Webcode AS?
The equity ratio was −12.8% in 2025 (median 34.1%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Webcode AS like?
The current ratio was 0.84 in 2025 (median 1.32). Current assets did not cover current liabilities.
How does Webcode AS compare in Informasjon og kommunikasjon?
Webcode AS ranks 2,894 of 3,132 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Small it is number 949 of 1,022. Revenue changed by −7.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 993911461
- Legal form
- AS
- Sector
- Informasjon og kommunikasjon (62.200)
- Morning company class
- Small
- Employees
- 9 registered 10 February 2025
- Founded
- 30 January 2009 17 years in operation
- Share capital
- 0.12 MNOK
- Business address
- Dronningens gate 3, 4610 KRISTIANSAND S
- Municipality
- Kristiansand rank 2–6 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- aptum.no
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: APTUM & Webcode Holding AS (100%)
Ultimate owner: APTUM & Webcode Holding AS
- APTUM & Webcode Holding AS · 100.0%
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 6 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 12 | 27 | 23 | |
| Rank | 2,840 | 2,724 | 2,894 | |
| Operating margin | −3.2% | 1.9% | 1.0% | |
| Return on assets | −15.8% | 10.6% | 5.8% | |
| Equity ratio | −8.3% | −14.2% | −12.8% | |
| Current ratio | 0.79 | 0.83 | 0.84 | |
| Revenue growth | – | 4.5% | −7.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 16.0 MNOK | 16.8 MNOK | 15.6 MNOK |
| Operating profit | −0.5 MNOK | 0.3 MNOK | 0.2 MNOK |
| Profit before tax | −0.5 MNOK | 0.3 MNOK | 0.1 MNOK |
| Tax expense | −0.1 MNOK | 0.4 MNOK | 0.0 MNOK |
| Net profit | −0.4 MNOK | −0.2 MNOK | 0.1 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 3.2 MNOK | 3.0 MNOK | 2.6 MNOK |
| Current assets | 2.8 MNOK | 2.9 MNOK | 2.5 MNOK |
| Equity | −0.3 MNOK | −0.4 MNOK | −0.3 MNOK |
| Retained earnings | −0.9 MNOK | −1.1 MNOK | −1.0 MNOK |
| Total liabilities | 3.5 MNOK | 3.5 MNOK | 3.0 MNOK |
| Current liabilities | 3.5 MNOK | 3.5 MNOK | 3.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 6 November 2026, accounts id 6422565.
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