ADIDAS NORGE AS: årsregnskap 2000 vs 1999
Shrank 15% on revenue
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ADIDAS NORGE AS. Revenue 488.88m NOK → 416.93m NOK (-14.7%). Equity 6.14bn NOK → 6.14bn NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADIDAS NORGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +8.08m NOK → +11.80m NOK (op. margin 1.7% → 2.8%). Calculated
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↑
Equity strengthened
Book equity 6.14bn NOK → 6.14bn NOK (equity ratio 2321.3% → 2458.9%). Calculated
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↑
Payroll decreased
Salary cost 47.05m NOK → 43.58m NOK (10% → 10% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 488.88m NOK to 416.93m NOK (-14.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 302.18m NOK → 250.77m NOK (-17.0% YoY). Calculated