Org.nr 999 071 198 2019 → 2020 Year-over-year analysis

AD MAIORA SEMPER AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-05-20; registry 2021-05-25; journal 2021 317175

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AD MAIORA SEMPER AS. Net result 0 NOK → -2.01m NOK. Equity 613.2k NOK → -1.40m NOK.

Pressures included: fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for AD MAIORA SEMPER AS.

Scorecard

Operating result
n/m -300 NOK
—
Net result
0 NOK -2.01m NOK
—
Equity
613.2k NOK -1.40m NOK
-327.9%
Cash
4 153 NOK 3 864 NOK
-7.0%
Total assets
2.00m NOK 3 864 NOK
-99.8%

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 2.01m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 613.2k NOK → -1.40m NOK (equity ratio 30.6% → -36162.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -36162.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 613.2k NOK → -1 397 NOK — check capital reduction, conversion, or reclassification. Interpretation