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Adidas Norge AS - Detailed information
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Adidas Norge AS

Contact
VAT number:954 690 873
Company:Adidas Norge AS
Address:Pb 104
NO-2001 Lillestrøm
Visiting address:Storgata 14
County:Akershus
Telephone:+47 63895800
Fax:+47 80031140
Website:www.adidas.com
Contact persons
Managing Director/CEO:Karl Henric Gunnar Bunge
Business information
Established:
Subsidiary company to:Adidas Ag
Stock-exchange listing:Not listed

B5141 Wholesale of textiles, clothing and footwear
- 51420 Wholesale of clothing and footwear
Rankings
Rang in Norway (incl. subsidiaries) byRank in the Nordic countries (incl. subsidiaries) by
- Number of employees:6486- Number of employees:28233
- Total assets:3427- Total assets:12940
- Net turnover:1658- Net turnover:6698
- Net profit:793- Net profit:2787

B5141 Wholesale of textiles, clothing and footwear
Rank in industry in Norway byRank in industry in the Nordic countries by
- Number of employees:25- Number of employees:181
- Return on assets
(ROA):		8- Return on assets
(ROA):		39
- Total assets:11- Total assets:69
- Profitability:12- Profitability:58
- Net turnover:8- Net turnover:41
- Return on equity
(ROE):		7- Return on equity
(ROE):		19
- Net profit:3- Net profit:18
- Solvency:66- Solvency:530
Closing information (x1000 EUR)
Fiscal year200812 200712 200612
Net turnover 39.396 40.564 40.599
  - exports
Foreign sales
Financial expenses 113 118 96
Earnings before taxes 6.535 6.232 4.393
Total assets 14.505 14.326 11.279
Current assets 13.833 13.325 10.454
Current liabilities 11.667 11.057 8.414
Equity capital 2.778 3.192 2.780
  - share capital 505 627 605
Employees (average) 29 29 30
Shareholders
Investments in fixed assets

Closing figures are converted from local currency to euros according to the exchange rate on closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from UC (Sweden), Experian (Norway), KOB (Denmark) and Asiakastieto (Finland).

Financial ratios
Fiscal year200812 200712 200612
Solvency 19.2% 22.3% 24.6%
Turnover per employee 1.358 1.399 1.353
Earnings as % of turnover 16.6% 15.4% 10.8%
Return on assets
(ROA)		 45.8% 44.3% 39.8%
Current ratio 118.6% 120.5% 124.2%
Return on equity
(ROE)		 235.2% 195.2% 158.0%