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Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) Retained Earnings : kr6,386 Mil (As of Feb. 2024)


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What is Olgeroin Egill Skallagrimsson hf Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Olgeroin Egill Skallagrimsson hf's retained earnings for the quarter that ended in Feb. 2024 was kr6,386 Mil.

Olgeroin Egill Skallagrimsson hf's quarterly retained earnings increased from Aug. 2023 (kr4,877 Mil) to Nov. 2023 (kr6,986 Mil) but then declined from Nov. 2023 (kr6,986 Mil) to Feb. 2024 (kr6,386 Mil).

Olgeroin Egill Skallagrimsson hf's annual retained earnings increased from Feb. 2022 (kr1,795 Mil) to Feb. 2023 (kr3,315 Mil) and increased from Feb. 2023 (kr3,315 Mil) to Feb. 2024 (kr6,386 Mil).


Olgeroin Egill Skallagrimsson hf Retained Earnings Historical Data

The historical data trend for Olgeroin Egill Skallagrimsson 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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Olgeroin Egill Skallagrimsson hf Retained Earnings Chart

Olgeroin Egill Skallagrimsson hf Annual Data
Trend Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Retained Earnings
Get a 7-Day Free Trial 674.61 920.53 1,794.87 3,315.18 6,386.17

Olgeroin Egill Skallagrimsson hf Quarterly Data
Feb19 Feb20 Feb21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3,315.18 4,049.67 4,876.65 6,986.28 6,386.17

Olgeroin Egill Skallagrimsson 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.


Olgeroin Egill Skallagrimsson hf  (OISE:OLGERD) 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.


Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) Business Description

Traded in Other Exchanges
N/A
Address
Grjothals 7-11, Reykjavík, ISL, 110
Olgeroin Egill Skallagrimsson hf produces, imports, distributes and sells beverages and food all over the country.

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