Webstep ASA
Webstep ASA provides information technology (IT) consultancy services to public and private businesses in Norway and Sweden. The company offers consulting, digitalization, .Net, Java, open source, full stack, front and back end, user experience, integration, Artificial Intelligence, mobility, cloud apps, machine learning, business intelligence, big data, data warehousing, Internet of Things, virt… Read more
Webstep ASA (WSTEP) - Net Assets
Latest net assets as of December 2025: Nkr331.31 Million NOK
Based on the latest financial reports, Webstep ASA (WSTEP) has net assets worth Nkr331.31 Million NOK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr593.61 Million) and total liabilities (Nkr262.30 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr331.31 Million |
| % of Total Assets | 55.81% |
| Annual Growth Rate | 1.49% |
| 5-Year Change | -15.85% |
| 10-Year Change | 68.25% |
| Growth Volatility | 26.67 |
Webstep ASA - Net Assets Trend (2013–2025)
This chart illustrates how Webstep ASA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Webstep ASA (2013–2025)
The table below shows the annual net assets of Webstep ASA from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr331.31 Million | -5.78% |
| 2024-12-31 | Nkr351.61 Million | -2.11% |
| 2023-12-31 | Nkr359.18 Million | -8.70% |
| 2022-12-31 | Nkr393.40 Million | -0.07% |
| 2021-12-31 | Nkr393.69 Million | +3.55% |
| 2020-12-31 | Nkr380.18 Million | +2.30% |
| 2019-12-31 | Nkr371.65 Million | -1.31% |
| 2018-12-31 | Nkr376.57 Million | +5.27% |
| 2017-12-31 | Nkr357.74 Million | +81.67% |
| 2016-12-31 | Nkr196.92 Million | -41.51% |
| 2015-12-31 | Nkr336.64 Million | +13.14% |
| 2014-12-31 | Nkr297.56 Million | +7.23% |
| 2013-12-31 | Nkr277.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Webstep ASA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 110.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr116.18 Million | 35.07% |
| Other Components | Nkr215.13 Million | 64.93% |
| Total Equity | Nkr331.31 Million | 100.00% |
Webstep ASA Competitors by Market Cap
The table below lists competitors of Webstep ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hung Chou Fiber Ind Co Ltd
TW:1413
|
$18.51 Million |
|
M83
KQ:476080
|
$18.51 Million |
|
Visang Educati
KO:100220
|
$18.51 Million |
|
Bitcoin Well Inc.
OTCQB:BCNWF
|
$18.52 Million |
|
KGL Resources Limited
PINK:KGLLF
|
$18.50 Million |
|
Giant Mining Corp.
PINK:BFGFF
|
$18.49 Million |
|
TOPBI International Holdings Ltd
TW:2929
|
$18.49 Million |
|
Bet Shemesh Engines Holdings 1997 Ltd
TA:BSEN
|
$18.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Webstep ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 351,613,000 to 331,306,000, a change of -20,307,000 (-5.8%).
- Net income of 40,359,000 contributed positively to equity growth.
- Dividend payments of 62,322,000 reduced retained earnings.
- Share repurchases of 1,126,000 reduced equity.
- New share issuances of 1,126,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr40.36 Million | +12.18% |
| Dividends Paid | Nkr62.32 Million | -18.81% |
| Share Repurchases | Nkr1.13 Million | -0.34% |
| Share Issuances | Nkr1.13 Million | +0.34% |
| Other Changes | Nkr1.66 Million | +0.5% |
| Total Change | Nkr- | -5.78% |
Book Value vs Market Value Analysis
This analysis compares Webstep ASA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.44x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | Nkr12.39 | Nkr17.60 | x |
| 2014-12-31 | Nkr13.88 | Nkr17.60 | x |
| 2015-12-31 | Nkr15.79 | Nkr17.60 | x |
| 2016-12-31 | Nkr9.54 | Nkr17.60 | x |
| 2017-12-31 | Nkr16.33 | Nkr17.60 | x |
| 2018-12-31 | Nkr14.23 | Nkr17.60 | x |
| 2019-12-31 | Nkr13.99 | Nkr17.60 | x |
| 2020-12-31 | Nkr14.24 | Nkr17.60 | x |
| 2021-12-31 | Nkr14.41 | Nkr17.60 | x |
| 2022-12-31 | Nkr14.25 | Nkr17.60 | x |
| 2023-12-31 | Nkr12.99 | Nkr17.60 | x |
| 2024-12-31 | Nkr12.49 | Nkr17.60 | x |
| 2025-12-31 | Nkr12.19 | Nkr17.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Webstep ASA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.18%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.83%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 1.79x
- Recent ROE (12.18%) is above the historical average (11.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.28% | 6.27% | 0.78x | 2.29x | Nkr3.27 Million |
| 2014 | 9.51% | 5.10% | 0.93x | 2.01x | Nkr-1.41 Million |
| 2015 | 11.21% | 6.66% | 0.98x | 1.71x | Nkr3.94 Million |
| 2016 | 20.58% | 7.20% | 1.01x | 2.83x | Nkr20.83 Million |
| 2017 | 9.46% | 5.67% | 1.13x | 1.48x | Nkr-1.92 Million |
| 2018 | 14.93% | 8.48% | 1.24x | 1.42x | Nkr18.56 Million |
| 2019 | 9.71% | 5.46% | 1.17x | 1.52x | Nkr-1.08 Million |
| 2020 | 9.67% | 5.33% | 1.17x | 1.56x | Nkr-1.27 Million |
| 2021 | 12.32% | 6.26% | 1.19x | 1.65x | Nkr9.13 Million |
| 2022 | 9.77% | 4.33% | 1.31x | 1.73x | Nkr-904.00K |
| 2023 | 1.24% | 0.52% | 1.22x | 1.97x | Nkr-31.47 Million |
| 2024 | 14.08% | 5.66% | 1.38x | 1.80x | Nkr14.35 Million |
| 2025 | 12.18% | 4.83% | 1.41x | 1.79x | Nkr7.23 Million |
Industry Comparison
This section compares Webstep ASA's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $755,580,599
- Average return on equity (ROE) among peers: 16.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Webstep ASA (WSTEP) | Nkr331.31 Million | 11.28% | 0.79x | $18.51 Million |
| Arribatec Solutions ASA (ARR) | $316.51 Million | -15.44% | 0.74x | $20.05 Million |
| Bouvet (BOUV) | $453.30 Million | 71.79% | 2.79x | $438.90 Million |
| ECIT AS (ECIT) | $1.36 Billion | 3.60% | 0.89x | $119.26 Million |
| Itera ASA (ITERA) | $46.37 Million | 89.73% | 4.20x | $6.98 Million |
| River Tech plc (RIVER) | $11.39 Million | -51.74% | 1.05x | $3.12 Million |
| Spir Group ASA (SPIR) | $1.28 Billion | 2.63% | 0.88x | $28.24 Million |
| TietoEVRY Oyj (TIETO) | $1.82 Billion | 16.01% | 0.97x | $1.35 Billion |