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Protector Forsikring ASA (OSL:PROT) Retained Earnings : kr0 Mil (As of Mar. 2024)


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What is Protector Forsikring ASA Retained Earnings?

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


Protector Forsikring ASA Retained Earnings Historical Data

The historical data trend for Protector Forsikring ASA'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.

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Protector Forsikring ASA Retained Earnings Chart

Protector Forsikring ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
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Protector Forsikring ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Protector Forsikring ASA 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.


Protector Forsikring ASA  (OSL:PROT) 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.


Protector Forsikring ASA (OSL:PROT) Business Description

Traded in Other Exchanges
Address
Stoperigata 2, PB 1351 Vika, Oslo, NOR, 0113
Protector Forsikring ASA provides a wide range of insurance products to companies and public organizations, primarily in Norway, Sweden, and Denmark. Protector's products include workers' compensation, group life, accident, health, property, motor, liability, cargo, and change of ownership insurance. Insurance premiums provide nearly all of the company's revenue. Protector's commercial business provides insurance for more than 5,000 companies, most of which have annual insurance premiums between NOK 100,000 and NOK 3 million. The public business provides coverage to more than 500 municipalities and 30 countries.

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