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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 Mar. 2026 was kr8,532 Mil.
Alm Brand AS's quarterly retained earnings
declined
from Sep. 2025 (kr9,262 Mil) to Dec. 2025 (kr8,493 Mil) but then
increased
from Dec. 2025 (kr8,493 Mil) to Mar. 2026 (kr8,532 Mil).
Alm Brand AS's annual retained earnings
declined
from Dec. 2023 (kr10,066 Mil) to Dec. 2024 (kr9,469 Mil) and
declined
from Dec. 2024 (kr9,469 Mil) to Dec. 2025 (kr8,493 Mil).
Alm Brand AS (OCSE:ALMB) 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 Retained Earnings Historical Data
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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.
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 kr8,532 Mil mean?
Alm Brand AS (OCSE:ALMB) has a Retained Earnings of kr8,532 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Alm Brand AS and its competitors.
Is Alm Brand AS's Retained Earnings too high?
Alm Brand AS's current Retained Earnings is kr8,532 Mil. Overall, Alm Brand AS has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alm Brand AS's Retained Earnings compare to BRK.A and AIG?
Alm Brand AS's Retained Earnings of kr8,532 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Retained Earnings depends on the Insurance 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 Alm Brand AS and its competitors. Alm Brand AS's current Retained Earnings is kr8,532 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alm Brand AS stock overvalued right now?
Based on GuruFocus' analysis, Alm Brand AS (OCSE:ALMB) is currently considered Modestly Overvalued. The stock's GF Value™ is kr14.06, compared to a current price of kr16.57 — trading 17.9% above its estimated fair value. The current Retained Earnings is kr8,532 Mil. Alm Brand AS's overall GF Score™ is 50/100 with 4 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 Alm Brand AS (OCSE:ALMB), the current Retained Earnings is kr8,532 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 Alm Brand AS (OCSE:ALMB) Overvalued in 2026?
Based on GuruFocus' analysis, Alm Brand AS stock appears to be overvalued.
The current stock price of kr16.57 is trading 17.9% above its estimated GF Value™ of kr14.06.
GuruFocus considers Alm Brand AS to be Modestly Overvalued.
Key valuation signals for OCSE:ALMB:
Retained Earnings: kr8,532 Mil
GF Value™: kr14.06 vs. price of kr16.57 (17.9% above fair value)
No single metric tells the full story. See the OCSE:ALMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alm Brand AS is a Danish investment holding company. Along with its subsidiaries, it offers insurance solutions, under various brands, to its customers. Its business segments include the personal Lines segment, which comprises sales of insurance to private households through its own sales channels and partnerships, the Commercial Lines segment, which comprises sales to agricultural and commercial customers through its own sales channels and partnerships, and the Non-life insurance segment, which is also its key revenue-generating segment. Geographically, the company generates the majority of its revenue from Denmark.
50GF Score
Get the complete analysis for OCSE:ALMB
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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