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Green Hydrogen Systems A/S (OCSE:GREENH) Retained Earnings : kr-1,553.58 Mil (As of Dec. 2023)


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What is Green Hydrogen Systems A/S Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Green Hydrogen Systems A/S's retained earnings for the quarter that ended in Dec. 2023 was kr-1,553.58 Mil.

Green Hydrogen Systems A/S's quarterly retained earnings declined from Dec. 2022 (kr-1,069.09 Mil) to Jun. 2023 (kr-1,331.18 Mil) and declined from Jun. 2023 (kr-1,331.18 Mil) to Dec. 2023 (kr-1,553.58 Mil).

Green Hydrogen Systems A/S's annual retained earnings declined from Dec. 2021 (kr-691.95 Mil) to Dec. 2022 (kr-1,069.09 Mil) and declined from Dec. 2022 (kr-1,069.09 Mil) to Dec. 2023 (kr-1,553.58 Mil).


Green Hydrogen Systems A/S Retained Earnings Historical Data

The historical data trend for Green Hydrogen Systems 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.

Green Hydrogen Systems A/S Retained Earnings Chart

Green Hydrogen Systems A/S Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -24.79 -92.36 -691.95 -1,069.09 -1,553.58

Green Hydrogen Systems A/S Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -691.95 -888.89 -1,069.09 -1,331.18 -1,553.58

Green Hydrogen Systems 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.


Green Hydrogen Systems A/S  (OCSE:GREENH) 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.


Green Hydrogen Systems A/S (OCSE:GREENH) Business Description

Traded in Other Exchanges
Address
Nordager 21, Kolding, DNK, DK-6000
Green Hydrogen Systems A/S is a provider of standardised and modular electrolysers for the production of green hydrogen solely based on renewable energy. The firm caters to industries that establish on-site green hydrogen production for different purposes as well as energy and transport companies being at the forefront of the development of Power-to-X applications and transition towards emission-free fuel. It generates revenue from the sale and installation of complete alkaline electrolysis solutions as well as the service of the installed systems. The company derives its revenue from Denmark, Norway, Sweden and other countries.

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