Webcode AS

Org. no. 993911461 · Kristiansand · Founded 2009 · 9 employees

Score · fiscal year 2024

27of 100

How to read this: the company is ahead of 11 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 884 of 992 · What are Morning company classes?
Place in the whole sector: 2,724 of 3,097 · Informasjon og kommunikasjon

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 47 and solidity 0 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Webcode AS is 23 points below the median for companies in the Morning class Small in the same sector in 2024.

Median score 50 among 992 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 1.9% (median 4.4%) and equity ratio −14.2% (median 34.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 6 November 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue17 MNOK23 MNOK
Operating margin 1.9% 4.4% 40 %
Profit margin 1.7% 4.1% shown, not part of the index
Return on assets 10.6% 8.8% 55 %
Equity ratio −14.2% 34.1% 5 %
Debt-to-equity – 1.68 not compared
Current ratio 0.83 1.33 19 %
Revenue growth 4.5% 7.8% 42 %
Revenue per employee1.86 MNOK1.69 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 27, Webcode AS does better than 11% of companies in the Morning class Small in the same sector (992 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Webcode AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

Webcode AS had an operating margin of 1.9% and an equity ratio of −14.2% in 2024, and ranks 2,724 of 3,097 in Informasjon og kommunikasjon.

From 2023 to 2024: went from a loss to a profit before tax and the operating margin rose from −3.2% to 1.9%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.2 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.3 MNOK
minus net debt −0.3 MNOK
8.0 3 MNOK
P/B Equity: −0.4 MNOK 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

Indications · 2024

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 −14.2% (median 34.1%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.2 times current assets.

    Based on: Current ratio 0.83 (median 1.33).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 1.2% of the debt in 2024. The policy rate averaged 4.50 % 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
Stress test · 2026

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

Components · 2024

What the score is made of

Profitability47 weight 30%
Solidity0 weight 25%
Liquidity19 weight 15%
Growth42 weight 15%
Consistency24 weight 15%

Durability: 19 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Webcode AS?

The operating margin was 1.9% in 2024, against a median of 4.4% among companies in the Morning class Small in the same sector. Return on assets was 10.6%.

How solid is Webcode AS?

The equity ratio was −14.2% in 2024 (median 34.1%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Webcode AS like?

The current ratio was 0.83 in 2024 (median 1.33). Current assets did not cover current liabilities.

How does Webcode AS compare in Informasjon og kommunikasjon?

Webcode AS ranks 2,724 of 3,097 in Informasjon og kommunikasjon for 2024. Among companies in the Morning class Small it is number 884 of 992. Revenue changed by 4.5% 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

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.

Report an issue

Figures last fetched 6 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index122723
Rank2,8402,7242,894
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 ratio0.790.830.84
Revenue growth–4.5%−7.1%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue16.0 MNOK16.8 MNOK15.6 MNOK
Operating profit−0.5 MNOK0.3 MNOK0.2 MNOK
Profit before tax−0.5 MNOK0.3 MNOK0.1 MNOK
Tax expense−0.1 MNOK0.4 MNOK0.0 MNOK
Net profit−0.4 MNOK−0.2 MNOK0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.1 MNOK
Total assets3.2 MNOK3.0 MNOK2.6 MNOK
Current assets2.8 MNOK2.9 MNOK2.5 MNOK
Equity−0.3 MNOK−0.4 MNOK−0.3 MNOK
Retained earnings−0.9 MNOK−1.1 MNOK−1.0 MNOK
Total liabilities3.5 MNOK3.5 MNOK3.0 MNOK
Current liabilities3.5 MNOK3.5 MNOK3.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 6 November 2026, accounts id 6055223.