ADIDAS NORGE AS: årsregnskap 2018 vs 2017
A steady year on the published lines
approved 2019-05-27; registry 2019-06-26; journal 2019 534984
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADIDAS NORGE AS. Revenue 595.48m NOK → 604.13m NOK (+1.5%). Net result +9.24m NOK → +11.08m NOK. Equity 19.70m NOK → 18.77m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADIDAS NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 595.48m NOK to 604.13m NOK (+1.5% YoY). Calculated
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↑
Net result improved
Net result +9.24m NOK → +11.08m NOK (net margin 1.6% → 1.8%). Calculated
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↑
Cash rose
Bank deposits 511.9k NOK → 816.6k NOK (+59.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 19.70m NOK → 18.77m NOK (equity ratio 15.3% → 13.5%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 482.79m NOK → 493.61m NOK (+2.2% YoY). Calculated