FirmaIQ
Org.nr 954 690 873 1998 → 1999 Year-over-year analysis

ADIDAS NORGE AS: årsregnskap 1999 vs 1998

Shrank 23% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for ADIDAS NORGE AS. Revenue 633.26m NOK → 488.88m NOK (-22.8%). Equity 128.91m NOK → 6.14bn NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADIDAS NORGE AS.

At a glance

Scorecard

Revenue
633.26m NOK 488.88m NOK
-22.8%
Operating result
+67.22m NOK +8.08m NOK
-88.0%
Equity
128.91m NOK 6.14bn NOK
+4660.2%
Total assets
250.74m NOK 264.36m NOK
+5.4%

What improved

  • ↑

    Equity strengthened

    Book equity 128.91m NOK → 6.14bn NOK (equity ratio 51.4% → 2321.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 54.50m NOK → 47.05m NOK (9% → 10% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 633.26m NOK to 488.88m NOK (-22.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +67.22m NOK → +8.08m NOK (op. margin 10.6% → 1.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 359.83m NOK → 302.18m NOK (-16.0% YoY). Calculated