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Ework Group AB (OSTO:EWRK) Retained Earnings : kr255 Mil (As of Mar. 2024)


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What is Ework Group AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ework Group AB's retained earnings for the quarter that ended in Mar. 2024 was kr255 Mil.

Ework Group AB's quarterly retained earnings increased from Sep. 2023 (kr183 Mil) to Dec. 2023 (kr218 Mil) and increased from Dec. 2023 (kr218 Mil) to Mar. 2024 (kr255 Mil).

Ework Group AB's annual retained earnings increased from Dec. 2021 (kr147 Mil) to Dec. 2022 (kr200 Mil) and increased from Dec. 2022 (kr200 Mil) to Dec. 2023 (kr218 Mil).


Ework Group AB Retained Earnings Historical Data

The historical data trend for Ework 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.

Ework Group AB Retained Earnings Chart

Ework Group AB 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 91.90 161.23 147.16 200.15 218.33

Ework Group AB 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 240.87 160.29 183.03 218.33 254.93

Ework 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.


Ework Group AB  (OSTO:EWRK) 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.


Ework Group AB (OSTO:EWRK) Business Description

Traded in Other Exchanges
Address
Master Samuelsgatan 60, Stockholm, SWE, 111 21
Ework Group AB is a market- leading and independent consultant provider operating in northern Europe, which focuses on IT, telecom, technology, and business development. Some of the company's services are to set the price index for its clients and consultants, it also offers flexible solutions that cover various industry- leading companies to small-scale businesses, at a local and global level. Ework Group has its operational footprints in Sweden, Denmark, Norway, and Finland wherein, It generates a majority of its revenue from Sweden.

Ework Group AB (OSTO:EWRK) Headlines

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