Org.nr 954 690 873 2016 → 2017 Year-over-year analysis

ADIDAS NORGE AS: årsregnskap 2017 vs 2016

Grew 9% on revenue

approved 2018-06-07; registry 2018-07-30; journal 2018 811100

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADIDAS NORGE AS. Revenue 544.68m NOK → 595.48m NOK (+9.3%). Equity 19.43m NOK → 19.70m NOK.

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

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

Scorecard

Revenue
544.68m NOK 595.48m NOK
+9.3%
Net result
n/m +9.24m NOK
—
Equity
19.43m NOK 19.70m NOK
+1.4%
Cash
950.0k NOK 511.9k NOK
-46.1%
Total assets
106.72m NOK 128.67m NOK
+20.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 544.68m NOK to 595.48m NOK (+9.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 19.43m NOK → 19.70m NOK (equity ratio 18.2% → 15.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 950.0k NOK → 511.9k NOK (-46.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 439.28m NOK → 482.79m NOK (+9.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 22.4k NOK → 0 NOK. Reported fact