Vow ASA (FRA:213) Retained Earnings : €-13.15 Mil (As of Dec. 2023)

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What is Vow ASA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vow ASA's retained earnings for the quarter that ended in Dec. 2023 was €-13.15 Mil.

Vow ASA's quarterly retained earnings increased from Dec. 2022 (€0.37 Mil) to Jun. 2023 (€0.81 Mil) but then declined from Jun. 2023 (€0.81 Mil) to Dec. 2023 (€-13.15 Mil).

Vow ASA's annual retained earnings increased from Dec. 2021 (€-1.04 Mil) to Dec. 2022 (€0.37 Mil) but then declined from Dec. 2022 (€0.37 Mil) to Dec. 2023 (€-13.15 Mil).

Vow ASA Retained Earnings Historical Data

The historical data trend for Vow 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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Vow ASA Retained Earnings Chart

Vow ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-1.97

0.76

-1.04

0.37

-13.15

Vow ASA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-1.04	0.38	0.37	0.81	-13.15

Vow 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.

Vow ASA (FRA:213) 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.

Vow ASA (FRA:213) Business Description

Industry

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SSHPF:USA SSHIPo:Sweden VOW:Norway 0QTW:UK 213:Germany

Address

Lysaker Torg 12, Lysaker, NOR, 1366

Website

https://www.vowasa.com

Vow ASA designs, engineers, and provide solutions for waste management and wastewater purification to markets globaly. The company offers solutions such as wastewater purification, food and industrial waste processing, production of renewable materials and products, molecules, and fuels from organic waste and biomass, valorization of non-recyclable plastic and polymers, and sterilization of food and electrified high-temperature processing of minerals. Its solutions convert biomass and waste into valuable resources and generate clean energy for marine applications and land-based industries. The company's operating segment includes Projects; Aftersales and Landbased. It generates maximum revenue from the Projects segment and Geographically from Europe.

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