Org.nr 954 690 873 2017 → 2018 Year-over-year analysis

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

Full company analysis · All year comparisons

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.

Scorecard

Revenue
595.48m NOK 604.13m NOK
+1.5%
Net result
+9.24m NOK +11.08m NOK
+19.9%
Equity
19.70m NOK 18.77m NOK
-4.7%
Cash
511.9k NOK 816.6k NOK
+59.5%
Total assets
128.67m NOK 138.60m NOK
+7.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 595.48m NOK to 604.13m NOK (+1.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +9.24m NOK → +11.08m NOK (net margin 1.6% → 1.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 511.9k NOK → 816.6k NOK (+59.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 19.70m NOK → 18.77m NOK (equity ratio 15.3% → 13.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 482.79m NOK → 493.61m NOK (+2.2% YoY). Calculated