FirmaIQ
Org.nr 954 690 873 2020 → 2021 Year-over-year analysis

ADIDAS NORGE AS: årsregnskap 2021 vs 2020

Grew 38% on revenue, fresh owner capital

approved 2022-06-27; registry 2022-07-11; journal 2022 618738

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADIDAS NORGE AS. Revenue 511.46m NOK → 703.61m NOK (+37.6%). Net result +11.16m NOK → +13.38m NOK. Equity 19.67m NOK → 20.06m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
511.46m NOK 703.61m NOK
+37.6%
Operating result
+15.97m NOK +19.54m NOK
+22.3%
Net result
+11.16m NOK +13.38m NOK
+19.9%
Equity
19.67m NOK 20.06m NOK
+1.9%
Cash
411.6k NOK 307.7k NOK
-25.2%
Total assets
171.14m NOK 133.10m NOK
-22.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 511.46m NOK to 703.61m NOK (+37.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +15.97m NOK → +19.54m NOK (op. margin 3.1% → 2.8%). Calculated

  • ↑

    Net result improved

    Net result +11.16m NOK → +13.38m NOK (net margin 2.2% → 1.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 19.67m NOK → 20.06m NOK (equity ratio 11.5% → 15.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 11.93m NOK → 18.19m NOK (+6.26m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 411.6k NOK → 307.7k NOK (-25.2% YoY). Calculated