Org.nr 954 690 873 2015 → 2016 Year-over-year analysis

ADIDAS NORGE AS: årsregnskap 2016 vs 2015

Grew 35% on revenue

approved 2017-06-12; registry 2017-08-05; journal 2017 767931

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADIDAS NORGE AS. Revenue 402.92m NOK → 544.68m NOK (+35.2%). Equity 18.67m NOK → 19.43m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADIDAS NORGE AS.

Scorecard

Revenue
402.92m NOK 544.68m NOK
+35.2%
Equity
18.67m NOK 19.43m NOK
+4.1%
Cash
399.6k NOK 950.0k NOK
+137.7%
Total assets
80.39m NOK 106.72m NOK
+32.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 402.92m NOK to 544.68m NOK (+35.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 18.67m NOK → 19.43m NOK (equity ratio 23.2% → 18.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 399.6k NOK → 950.0k NOK (+137.7% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 18.19m NOK → 11.93m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 21.85m NOK → 22.12m NOK (5% → 4% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 297.92m NOK → 439.28m NOK (+47.4% YoY). Calculated