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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Per Aarsleff Holding AS's retained earnings for the quarter that ended in Mar. 2026 was kr5,669 Mil.
Per Aarsleff Holding AS's quarterly retained earnings
increased
from Sep. 2025 (kr5,321 Mil) to Dec. 2025 (kr5,479 Mil) and
increased
from Dec. 2025 (kr5,479 Mil) to Mar. 2026 (kr5,669 Mil).
Per Aarsleff Holding AS's annual retained earnings
increased
from Sep. 2023 (kr4,241 Mil) to Sep. 2024 (kr4,805 Mil) and
increased
from Sep. 2024 (kr4,805 Mil) to Sep. 2025 (kr5,321 Mil).
Per Aarsleff Holding AS (CHIX:PAALBc) 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.
Per Aarsleff Holding AS Retained Earnings Historical Data
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The historical data trend for Per Aarsleff Holding AS'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.
Per Aarsleff Holding AS 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.
What does a Retained Earnings of kr5,669 Mil mean?
Per Aarsleff Holding AS (CHIX:PAALBC) has a Retained Earnings of kr5,669 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Per Aarsleff Holding AS and its competitors.
Is Per Aarsleff Holding AS's Retained Earnings too high?
Per Aarsleff Holding AS's current Retained Earnings is kr5,669 Mil. Overall, Per Aarsleff Holding AS has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Per Aarsleff Holding AS's Retained Earnings compare to PWR and FIX?
Per Aarsleff Holding AS's Retained Earnings of kr5,669 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Construction company?
A good Retained Earnings depends on the Construction industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Per Aarsleff Holding AS and its competitors. Per Aarsleff Holding AS's current Retained Earnings is kr5,669 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Per Aarsleff Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Per Aarsleff Holding AS (CHIX:PAALBC) is currently considered Modestly Overvalued. The stock's GF Value™ is kr608.24, compared to a current price of kr696.50 — trading 14.5% above its estimated fair value. The current Retained Earnings is kr5,669 Mil. Per Aarsleff Holding AS's overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Per Aarsleff Holding AS (CHIX:PAALBC), the current Retained Earnings is kr5,669 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Per Aarsleff Holding AS (CHIX:PAALBC) Overvalued in 2026?
Based on GuruFocus' analysis, Per Aarsleff Holding AS stock appears to be overvalued.
The current stock price of kr696.50 is trading 14.5% above its estimated GF Value™ of kr608.24.
GuruFocus considers Per Aarsleff Holding AS to be Modestly Overvalued.
Key valuation signals for CHIX:PAALBC:
Retained Earnings: kr5,669 Mil
GF Value™: kr608.24 vs. price of kr696.50 (14.5% above fair value)
No single metric tells the full story. See the CHIX:PAALBC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Per Aarsleff Holding AS is a Denmark-based holding company specializing in infrastructure and construction services. It has Construction, Pipe technologies, Technical Solutions, Rail, and Ground engineering segments. The construction segment consists of construction, shell structures, building construction and international projects. The pipe technologies segment covers utility companies, housing, industry, export, and manufacturing. The ground engineering segment comprises ground engineering, pile factories, and engineering. The rail segment comprises train station services, service center operations, and maintenance projects. It derives maximum revenue from the Construction segment. Geographically, the company has a business presence in Denmark and other countries.
94GF Score
Get the complete analysis for CHIX:PAALBC
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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