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NTG Nordic Transport Group AS (OCSE:NTG) Retained Earnings : kr767 Mil (As of Sep. 2024)


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What is NTG Nordic Transport Group AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NTG Nordic Transport Group AS's retained earnings for the quarter that ended in Sep. 2024 was kr767 Mil.

NTG Nordic Transport Group AS's quarterly retained earnings increased from Mar. 2024 (kr673 Mil) to Jun. 2024 (kr744 Mil) and increased from Jun. 2024 (kr744 Mil) to Sep. 2024 (kr767 Mil).

NTG Nordic Transport Group AS's annual retained earnings increased from Dec. 2021 (kr113 Mil) to Dec. 2022 (kr539 Mil) and increased from Dec. 2022 (kr539 Mil) to Dec. 2023 (kr600 Mil).


NTG Nordic Transport Group AS Retained Earnings Historical Data

The historical data trend for NTG Nordic Transport Group 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.

* Premium members only.

NTG Nordic Transport Group AS Retained Earnings Chart

NTG Nordic Transport Group AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -200.60 -110.50 113.00 539.00 600.00

NTG Nordic Transport Group AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 508.00 600.00 673.00 744.00 767.00

NTG Nordic Transport Group 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.


NTG Nordic Transport Group AS  (OCSE:NTG) 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.


NTG Nordic Transport Group AS Business Description

Traded in Other Exchanges
Address
Hammerholmen 47-49, Hvidovre, DNK, DK-2650
NTG Nordic Transport Group AS is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air and Ocean and Road and Logistics fueled by people power and technology. Business segments of the company include Road and Logistics and Air and Ocean. The majority of its revenue is earned through Road and Logistics segment. The revenues are earned in Denmark, Sweden, the USA, Germany, Finland and other countries with the majority of the revenue earned in Denmark.