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GN Store Nord A/S (WBO:GNSN) Retained Earnings : €1,715 Mil (As of Dec. 2023)


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What is GN Store Nord A/S Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GN Store Nord A/S's retained earnings for the quarter that ended in Dec. 2023 was €1,715 Mil.

GN Store Nord A/S's quarterly retained earnings increased from Jun. 2023 (€1,682 Mil) to Sep. 2023 (€1,707 Mil) and increased from Sep. 2023 (€1,707 Mil) to Dec. 2023 (€1,715 Mil).

GN Store Nord A/S's annual retained earnings increased from Dec. 2021 (€1,384 Mil) to Dec. 2022 (€1,413 Mil) and increased from Dec. 2022 (€1,413 Mil) to Dec. 2023 (€1,715 Mil).


GN Store Nord A/S Retained Earnings Historical Data

The historical data trend for GN Store Nord 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.

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GN Store Nord A/S Retained Earnings Chart

GN Store Nord 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 1,127.06 1,285.54 1,383.91 1,413.27 1,714.78

GN Store Nord A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,413.27 1,403.65 1,682.16 1,707.00 1,714.78

GN Store Nord 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.


GN Store Nord A/S  (WBO:GNSN) 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.


GN Store Nord A/S (WBO:GNSN) Business Description

Address
Lautrupbjerg 7, Ballerup, DNK, 2750
GN Store Nord is a Danish company offering medical and audio solutions. The group consists of two businesses: audio (about 62% of sales) and hearing (38%). GN Hearing offers hearing aids, competing globally with Sonova, Demant, Starkey, and WS Audiology (previously Sivantos and Widex). GN Audio provides headsets and speakerphones to the enterprise market (contact centers and offices), as well as to the consumer market, and recently acquired SteelSeries in the gaming market. The company has positioned itself as one of the main players in the Unified Communication-enabled headsets market. The firm's premium brands are Resound in hearing and Jabra in headsets.

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