Alm Brand AS (FRA:1AM) Retained Earnings : €1,340 Mil (As of Jun. 2024)

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What is Alm Brand AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alm Brand AS's retained earnings for the quarter that ended in Jun. 2024 was €1,340 Mil.

Alm Brand AS's quarterly retained earnings increased from Dec. 2023 (€1,351 Mil) to Mar. 2024 (€1,358 Mil) but then declined from Mar. 2024 (€1,358 Mil) to Jun. 2024 (€1,340 Mil).

Alm Brand AS's annual retained earnings declined from Dec. 2021 (€1,574 Mil) to Dec. 2022 (€1,392 Mil) and declined from Dec. 2022 (€1,392 Mil) to Dec. 2023 (€1,351 Mil).

Alm Brand AS Retained Earnings Historical Data

The historical data trend for Alm Brand 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.

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Alm Brand AS Retained Earnings Chart

Alm Brand AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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152.88

154.58

1,573.80

1,391.62

1,350.52

Alm Brand AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															1,435.02	1,596.91	1,350.52	1,357.51	1,339.72

Alm Brand 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.

Alm Brand AS (FRA:1AM) 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.

Alm Brand AS Business Description

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0DJI:UK ALMB:Denmark

Address

Midtermolen 7, Copenhagen, DNK, DK-2100

Website

https://www.almbrand.dk

Alm Brand A/S is a Danish investment holding company that its subsidiaries operate within the financial services, non-life insurance, life insurance, and banking industries. The non-life insurance segment exclusively services clients ranging from private customers to small and medium-size enterprises, among others. The life insurance segment offers life insurance, pension savings, and pension insurance. The banking segment offers services such as bond, equity, currency trading, asset servicing, leasing, and private banking to private and commercial clients. The non-life insurance business is the core business of the firm and generates a vast majority of its income.

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