GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Orkla ASA (OTCPK:ORKLY) » Definitions » Retained Earnings

Orkla ASA (Orkla ASA) Retained Earnings : $4,313 Mil (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Orkla ASA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Orkla ASA's retained earnings for the quarter that ended in Mar. 2024 was $4,313 Mil.

Orkla ASA's quarterly retained earnings increased from Sep. 2023 ($3,964 Mil) to Dec. 2023 ($4,104 Mil) and increased from Dec. 2023 ($4,104 Mil) to Mar. 2024 ($4,313 Mil).

Orkla ASA's annual retained earnings declined from Dec. 2021 ($4,061 Mil) to Dec. 2022 ($4,020 Mil) but then increased from Dec. 2022 ($4,020 Mil) to Dec. 2023 ($4,104 Mil).


Orkla ASA Retained Earnings Historical Data

The historical data trend for Orkla ASA'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.

Orkla ASA Retained Earnings Chart

Orkla ASA 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 3,599.29 4,050.72 4,061.20 4,020.00 4,104.31

Orkla ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4,076.98 3,865.09 3,964.31 4,104.31 4,312.72

Orkla ASA 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.


Orkla ASA  (OTCPK:ORKLY) 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.


Orkla ASA (Orkla ASA) Business Description

Address
Drammensveien 149, Oslo, NOR, NO-0277
Orkla ASA is a branded consumer goods company, originally from Norway. Its business consists of the following divisions: Orkla Foods, Orkla Confectionery and Snacks, Orkla Care, Orkla Food Ingredients, and Orkla Consumer & Financial Investments business. Orkla offers its products to the grocery sector, specialty retailers, out-of-home sectors, and the bakery market. Orkla's main geographical markets are the Nordic and Norway regions, which account for more than half of the total sales. The Orkla Group also sells some of its product categories in Central Europe and India.

Orkla ASA (Orkla ASA) Headlines

From GuruFocus

Orkla: the Norwegian Kraft

By Holmes Osborne, CFA Holmes Osborne, CFA 10-05-2016

Orkla Has Another Great Year

By Holmes Osborne, CFA Holmes Osborne, CFA 02-10-2017

Orkla ASA Stock Appears To Be Fairly Valued

By GF Value GF Value 05-15-2021

Orkla, The Norwegian Kraft, Has Another Great Quarter

By Holmes Osborne, CFA Holmes Osborne, CFA 07-19-2016

Orkla Has Another Great Quarter

By Holmes Osborne, CFA Holmes Osborne, CFA 11-03-2016

Orkla Posts Another Great Quarter

By Holmes Osborne, CFA Holmes Osborne, CFA 11-02-2017