GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Storskogen Group AB (CHIX:STORCs) » Definitions » Retained Earnings

Storskogen Group AB (CHIX:STORCS) Retained Earnings : kr0 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Storskogen Group AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Storskogen Group AB's retained earnings for the quarter that ended in Mar. 2024 was kr0 Mil.

Storskogen Group AB's quarterly retained earnings increased from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr6,690 Mil) but then declined from Dec. 2023 (kr6,690 Mil) to Mar. 2024 (kr0 Mil).

Storskogen Group AB's annual retained earnings increased from Dec. 2021 (kr3,542 Mil) to Dec. 2022 (kr5,923 Mil) and increased from Dec. 2022 (kr5,923 Mil) to Dec. 2023 (kr6,690 Mil).


Storskogen Group AB Retained Earnings Historical Data

The historical data trend for Storskogen Group AB's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Storskogen Group AB Retained Earnings Chart

Storskogen Group AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 2,903.00 2,977.00 3,542.00 5,923.00 6,690.00

Storskogen Group AB Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 6,690.00 -

Storskogen Group AB Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Storskogen Group AB  (CHIX:STORCs) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Storskogen Group AB (CHIX:STORCS) Business Description

Traded in Other Exchanges
Address
Hovslagargatan 3, 6th Floor, Stockholm, SWE, 111 48
Storskogen Group AB is an international group of businesses. It acquires and manages profitable small and medium-sized businesses with prime positions in their respective markets. It is divided into three business areas, Industry, Services, and Trade, predominantly in Sweden and with an increasing presence in the Nordics, Germany, Switzerland, and the UK.

Storskogen Group AB (CHIX:STORCS) Headlines

No Headlines