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Clas Ohlson AB (LTS:0GQE) Retained Earnings : kr1,679 Mil (As of Jan. 2024)


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What is Clas Ohlson AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Clas Ohlson AB's retained earnings for the quarter that ended in Jan. 2024 was kr1,679 Mil.

Clas Ohlson AB's quarterly retained earnings increased from Jul. 2023 (kr1,279 Mil) to Oct. 2023 (kr1,356 Mil) and increased from Oct. 2023 (kr1,356 Mil) to Jan. 2024 (kr1,679 Mil).

Clas Ohlson AB's annual retained earnings declined from Apr. 2021 (kr2,114 Mil) to Apr. 2022 (kr2,096 Mil) and declined from Apr. 2022 (kr2,096 Mil) to Apr. 2023 (kr1,306 Mil).


Clas Ohlson AB Retained Earnings Historical Data

The historical data trend for Clas Ohlson AB'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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Clas Ohlson AB Retained Earnings Chart

Clas Ohlson AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,804.90 1,639.00 2,114.30 2,095.80 1,305.60

Clas Ohlson AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - 1,305.60 1,279.40 1,356.00 1,679.10

Clas Ohlson AB 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.


Clas Ohlson AB  (LTS:0GQE) 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.


Clas Ohlson AB (LTS:0GQE) Business Description

Traded in Other Exchanges
Address
Municipality of Leksand, Insjon, SWE, 793 85
Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main markets by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.

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