Dolphin Drilling AS (FRA:5DP) Retained Earnings: €0.0 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:5DP Dolphin Drilling AS FRA:5DP
50 GF Score
Price €0.23
GF Value €0.36
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Dolphin Drilling AS Retained Earnings?

Dolphin Drilling AS FRA:5DP -0.43% 50 Retained Earnings is €0.0 Mil as of Mar. 2026. GuruFocus rates FRA:5DP with a GF Score™ of 50/100 and a GF Value™ of €0.36 (Possible Value Trap). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dolphin Drilling AS's retained earnings for the quarter that ended in Mar. 2026 was €0.0 Mil.

Dolphin Drilling AS's quarterly retained earnings declined from Sep. 2025 (€0.0 Mil) to Dec. 2025 (€-232.7 Mil) but then increased from Dec. 2025 (€-232.7 Mil) to Mar. 2026 (€0.0 Mil).

Dolphin Drilling AS's annual retained earnings declined from Dec. 2023 (€-92.5 Mil) to Dec. 2024 (€-192.2 Mil) and declined from Dec. 2024 (€-192.2 Mil) to Dec. 2025 (€-232.7 Mil).


Dolphin Drilling AS  (FRA:5DP) 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.


Dolphin Drilling AS Retained Earnings Historical Data

* Premium members only.

The historical data trend for Dolphin Drilling 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.

Dolphin Drilling AS Retained Earnings Chart

Dolphin Drilling AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -192.47 -53.60 -92.55 -192.19 -232.73

Dolphin Drilling AS Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 -232.73 0.00
FRA:5DP
50GF Score
Dolphin Drilling AS FRA:5DP
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dolphin Drilling 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of €0.0 Mil mean?
Dolphin Drilling AS (FRA:5DP) has a Retained Earnings of €0.0 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Dolphin Drilling AS and its competitors.
Is Dolphin Drilling AS's Retained Earnings too high?
Dolphin Drilling AS's current Retained Earnings is €0.0 Mil. Overall, Dolphin Drilling AS has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dolphin Drilling AS's Retained Earnings compare to NE and RIG?
Dolphin Drilling AS's Retained Earnings of €0.0 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas 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 Dolphin Drilling AS and its competitors. Dolphin Drilling AS's current Retained Earnings is €0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Drilling AS (FRA:5DP) is currently considered Possible Value Trap. The stock's GF Value™ is €0.36, compared to a current price of €0.23 — trading 35.8% below its estimated fair value. The current Retained Earnings is €0.0 Mil. Dolphin Drilling AS's overall GF Score™ is 50/100 with 2 warning signs 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 Dolphin Drilling AS (FRA:5DP), the current Retained Earnings is €0.0 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 Dolphin Drilling AS (FRA:5DP) Overvalued in 2026?

Based on GuruFocus' analysis, Dolphin Drilling AS stock appears to be undervalued. The current stock price of €0.23 is trading 35.8% below its estimated GF Value™ of €0.36. GuruFocus considers Dolphin Drilling AS to be Possible Value Trap.

Key valuation signals for FRA:5DP:

  • Retained Earnings: €0.0 Mil
  • GF Value™: €0.36 vs. price of €0.23 (35.8% below fair value)
  • GF Score™: 50/100 with 2 warning signs

No single metric tells the full story. See the FRA:5DP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dolphin Drilling AS Business Description

Industry EnergyOil & Gas
Other Exchanges DDRIL:Norway
Address Vestre Svanholmen 12, Sandnes, NOR, 4313
Dolphin Drilling AS is organised into one segment; drilling services to the offshore oil and gas offshore industry. The company has presence in United Kingdom, India, Nigeria, Norway, and Others. The company generates majority of revenue from India.
50GF Score

Get the complete analysis for FRA:5DP

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.23
Price
€0.36
GF Value