FirmaIQ
Org.nr 954 690 873 2012 → 2013 Year-over-year analysis

ADIDAS NORGE AS: årsregnskap 2013 vs 2012

Returned to profit

approved 2014-05-06; registry 2014-08-16; journal 2014 661841

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADIDAS NORGE AS. Revenue 420.04m NOK → 436.04m NOK (+3.8%). Net result -2.13m NOK → +790.00m NOK. Equity 17.93m NOK → 18.42m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADIDAS NORGE AS.

At a glance

Scorecard

Revenue
420.04m NOK 436.04m NOK
+3.8%
Operating result
+10.02m NOK +10.37m NOK
+3.5%
Net result
-2.13m NOK +790.00m NOK
+37247.9%
Equity
17.93m NOK 18.42m NOK
+2.7%
Cash
2.88m NOK 4.26m NOK
+47.7%
Total assets
52.18m NOK 65.50m NOK
+25.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 420.04m NOK to 436.04m NOK (+3.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +10.02m NOK → +10.37m NOK (op. margin 2.4% → 2.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.13m NOK to a profit of 790.00m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 17.93m NOK → 18.42m NOK (equity ratio 34.4% → 28.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.88m NOK → 4.26m NOK (+47.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 26.65m NOK → 28.78m NOK (6% → 7% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 292.84m NOK → 300.96m NOK (+2.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5.40m NOK → 1.46m NOK. Reported fact