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Klappir Graenar Lausnir hf (OISE:KLAPP B) Retained Earnings : kr-385.3 Mil (As of Jun. 2024)


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What is Klappir Graenar Lausnir hf Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Klappir Graenar Lausnir hf's retained earnings for the quarter that ended in Jun. 2024 was kr-385.3 Mil.

Klappir Graenar Lausnir hf's quarterly retained earnings declined from Jun. 2023 (kr-387.0 Mil) to Dec. 2023 (kr-412.5 Mil) but then increased from Dec. 2023 (kr-412.5 Mil) to Jun. 2024 (kr-385.3 Mil).

Klappir Graenar Lausnir hf's annual retained earnings declined from Dec. 2021 (kr-325.8 Mil) to Dec. 2022 (kr-383.7 Mil) and declined from Dec. 2022 (kr-383.7 Mil) to Dec. 2023 (kr-412.5 Mil).


Klappir Graenar Lausnir hf Retained Earnings Historical Data

The historical data trend for Klappir Graenar Lausnir hf'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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Klappir Graenar Lausnir hf Retained Earnings Chart

Klappir Graenar Lausnir hf Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -283.90 -296.72 -325.83 -383.72 -412.55

Klappir Graenar Lausnir hf Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -321.73 -383.72 -386.97 -412.55 -385.30

Klappir Graenar Lausnir hf 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.


Klappir Graenar Lausnir hf  (OISE:KLAPP B) 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.


Klappir Graenar Lausnir hf Business Description

Traded in Other Exchanges
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Address
Austurstraeti 17, Reykjavik, ISL, 101
Klappir Graenar Lausnir hf develops, sells and implements software in the environmental field. The company's methodology and software solutions enable companies, municipalities and government to set measurable targets to reduce greenhouse gas emissions. Its software focuses on distribution of environmental information and carries out environmental analysis for organizations in all sectors, local authorities and government departments.

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