Icelandiclmon AS (OISE:ISLAX) Retained Earnings: kr-428 Mil (As of Dec. 2025)

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OISE:ISLAX Icelandic Salmon AS OISE:ISLAX
46 GF Score
Price kr780.00
GF Value kr1,134.06
Valuation Possible Value Trap
! 7 Warning Signs
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What is Icelandiclmon AS Retained Earnings?

Icelandiclmon AS OISE:ISLAX -3.11% 46 Retained Earnings is kr-428 Mil as of Dec. 2025. GuruFocus rates OISE:ISLAX with a GF Score™ of 46/100 and a GF Value™ of kr1,134.06 (Possible Value Trap). The stock has 7 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Icelandiclmon AS's retained earnings for the quarter that ended in Dec. 2025 was kr-428 Mil.

Icelandiclmon AS's quarterly retained earnings declined from Dec. 2024 (kr2,654 Mil) to Jun. 2025 (kr0 Mil) and declined from Jun. 2025 (kr0 Mil) to Dec. 2025 (kr-428 Mil).

Icelandiclmon AS's annual retained earnings declined from Dec. 2023 (kr3,207 Mil) to Dec. 2024 (kr2,654 Mil) and declined from Dec. 2024 (kr2,654 Mil) to Dec. 2025 (kr-428 Mil).


Icelandiclmon AS  (OISE:ISLAX) 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.


Icelandiclmon AS Retained Earnings Historical Data

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The historical data trend for Icelandiclmon 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.

Icelandiclmon AS Retained Earnings Chart

Icelandiclmon AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -1,178.35 2,083.90 3,207.16 2,654.34 -428.44

Icelandiclmon AS Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3,207.16 0.00 2,654.34 0.00 -428.44
OISE:ISLAX
46GF Score
Icelandic Salmon AS OISE:ISLAX
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Icelandiclmon 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 kr-428 Mil mean?
Icelandiclmon AS (OISE:ISLAX) has a Retained Earnings of kr-428 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Icelandiclmon AS and its competitors.
Is Icelandiclmon AS's Retained Earnings too high?
Icelandiclmon AS's current Retained Earnings is kr-428 Mil. Overall, Icelandiclmon AS has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandiclmon AS's Retained Earnings compare to ADM and BG?
Icelandiclmon AS's Retained Earnings of kr-428 Mil can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods 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 Icelandiclmon AS and its competitors. Icelandiclmon AS's current Retained Earnings is kr-428 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandiclmon AS stock overvalued right now?
Based on GuruFocus' analysis, Icelandiclmon AS (OISE:ISLAX) is currently considered Possible Value Trap. The stock's GF Value™ is kr1,134.06, compared to a current price of kr780.00 — trading 31.2% below its estimated fair value. The current Retained Earnings is kr-428 Mil. Icelandiclmon AS's overall GF Score™ is 46/100 with 7 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 Icelandiclmon AS (OISE:ISLAX), the current Retained Earnings is kr-428 Mil as of Dec. 2025. 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 Icelandiclmon AS (OISE:ISLAX) Overvalued in 2026?

Based on GuruFocus' analysis, Icelandiclmon AS stock appears to be undervalued. The current stock price of kr780.00 is trading 31.2% below its estimated GF Value™ of kr1,134.06. GuruFocus considers Icelandiclmon AS to be Possible Value Trap.

Key valuation signals for OISE:ISLAX:

  • Retained Earnings: kr-428 Mil
  • GF Value™: kr1,134.06 vs. price of kr780.00 (31.2% below fair value)
  • GF Score™: 46/100 with 7 warning signs

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


Icelandiclmon AS Business Description

Other Exchanges ISLAX:NorwayI6X:Germany
Address Industriveien 51, Kverva, NOR, 7266
Icelandic Salmon AS is an aquaculture company in Iceland. It is engaged in the production, processing and sale of salmon and salmon-based products. Geographically, it derives the majority of revenue from Europe and the rest from North America and Asia.
46GF Score

Get the complete analysis for OISE:ISLAX

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

kr780.00
Price
kr1,134.06
GF Value