Org.nr 954 690 873 2023 → 2024 Year-over-year analysis

ADIDAS NORGE AS: årsregnskap 2024 vs 2023

Grew 17% on revenue

approved 2025-06-26; registry 2025-07-05; journal 2025 627410

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADIDAS NORGE AS. Revenue 541.22m NOK → 632.62m NOK (+16.9%). Net result +11.26m NOK → +10.06m NOK. Equity 18.95m NOK → 19.02m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
541.22m NOK 632.62m NOK
+16.9%
Operating result
+15.53m NOK +14.56m NOK
-6.3%
Net result
+11.26m NOK +10.06m NOK
-10.6%
Equity
18.95m NOK 19.02m NOK
+0.3%
Cash
96.2k NOK 2.03m NOK
+2015.2%
Total assets
91.08m NOK 118.80m NOK
+30.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 541.22m NOK to 632.62m NOK (+16.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 18.95m NOK → 19.02m NOK (equity ratio 20.8% → 16.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 96.2k NOK → 2.03m NOK (+2015.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +15.53m NOK → +14.56m NOK (op. margin 2.9% → 2.3%). Calculated

  • ↓

    Net result weakened

    Net result +11.26m NOK → +10.06m NOK (net margin 2.1% → 1.6%). Calculated