GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Alm Brand A/S (OCSE:ALMB) » Definitions » Retained Earnings

Alm Brand A/S (OCSE:ALMB) Retained Earnings : kr10,122 Mil (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Alm Brand A/S Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alm Brand A/S's retained earnings for the quarter that ended in Mar. 2024 was kr10,122 Mil.

Alm Brand A/S's quarterly retained earnings declined from Sep. 2023 (kr11,909 Mil) to Dec. 2023 (kr10,066 Mil) but then increased from Dec. 2023 (kr10,066 Mil) to Mar. 2024 (kr10,122 Mil).

Alm Brand A/S's annual retained earnings declined from Dec. 2021 (kr11,703 Mil) to Dec. 2022 (kr10,353 Mil) and declined from Dec. 2022 (kr10,353 Mil) to Dec. 2023 (kr10,066 Mil).


Alm Brand A/S Retained Earnings Historical Data

The historical data trend for Alm Brand A/S'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.

Alm Brand A/S Retained Earnings Chart

Alm Brand A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,142.00 1,150.00 11,703.00 10,353.00 10,066.00

Alm Brand A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only 11,525.00 10,684.00 11,909.00 10,066.00 10,122.00

Alm Brand A/S 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.


Alm Brand A/S  (OCSE:ALMB) 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.


Alm Brand A/S (OCSE:ALMB) Business Description

Traded in Other Exchanges
Address
Midtermolen 7, Copenhagen, DNK, DK-2100
Alm Brand A/S is a Danish investment holding company that its subsidiaries operate within the financial services, non-life insurance, life insurance, and banking industries. The non-life insurance segment exclusively services clients ranging from private customers to small and medium-size enterprises, among others. The life insurance segment offers life insurance, pension savings, and pension insurance. The banking segment offers services such as bond, equity, currency trading, asset servicing, leasing, and private banking to private and commercial clients. The non-life insurance business is the core business of the firm and generates a vast majority of its income.

Alm Brand A/S (OCSE:ALMB) Headlines

No Headlines