FirmaIQ
Org.nr 954 690 873 2024 → 2025 Year-over-year analysis

ADIDAS NORGE AS: årsregnskap 2025 vs 2024

Grew 13% on revenue, stronger earnings

approved 2026-06-22; registry 2026-07-21; journal 2026 601826

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2025 with 2024 for ADIDAS NORGE AS. Revenue 632.62m NOK → 712.29m NOK (+12.6%). Net result +10.06m NOK → +13.70m NOK. Equity 19.02m NOK → 18.72m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
632.62m NOK 712.29m NOK
+12.6%
Operating result
+14.56m NOK +19.96m NOK
+37.1%
Net result
+10.06m NOK +13.70m NOK
+36.2%
Equity
19.02m NOK 18.72m NOK
-1.6%
Cash
2.03m NOK 1.30m NOK
-36.3%
Total assets
118.80m NOK 169.52m NOK
+42.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 632.62m NOK to 712.29m NOK (+12.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +14.56m NOK → +19.96m NOK (op. margin 2.3% → 2.8%). Calculated

  • ↑

    Net result improved

    Net result +10.06m NOK → +13.70m NOK (net margin 1.6% → 1.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 19.02m NOK → 18.72m NOK (equity ratio 16.0% → 11.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.03m NOK → 1.30m NOK (-36.3% YoY). Calculated