Beerenberg AS (OSL:BBERG) Retained Earnings : kr312 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Beerenberg AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Beerenberg AS's retained earnings for the quarter that ended in Dec. 2023 was kr312 Mil.

Beerenberg AS's quarterly retained earnings declined from Dec. 2022 (kr295 Mil) to Jun. 2023 (kr0 Mil) but then increased from Jun. 2023 (kr0 Mil) to Dec. 2023 (kr312 Mil).

Beerenberg AS's annual retained earnings increased from Dec. 2021 (kr275 Mil) to Dec. 2022 (kr295 Mil) and increased from Dec. 2022 (kr295 Mil) to Dec. 2023 (kr312 Mil).

Beerenberg AS Retained Earnings Historical Data

The historical data trend for Beerenberg 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.

Beerenberg AS Retained Earnings Chart

Beerenberg AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

217.60

275.36

295.20

311.72

Beerenberg AS Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial			275.36	-	295.20	-	311.72

Beerenberg 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.

Beerenberg AS (OSL:BBERG) 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.

Beerenberg AS (OSL:BBERG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Beerenberg AS (OSL:BBERG) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

ZA9:Germany

Address

Kokstaddalen 33, P.O.Box 273, Slåtthaug, Bergen, NOR, N-5851

Website

https://www.beerenberg.com

Beerenberg AS is a company engaged in contract work, production, industrial maintenance, trading, agency and commission work, and to take interests in other enterprises engaged in similar activities. Its Business activities include innovative service solutions for the oil and gas industry, covering the entire life cycle from field studies and newbuilds to maintenance, modifications, and lifetime extensions. The business area Services include Beerenberg´s core ISS disciplines Insulation, Scaffolding and Surface treatment, as well as passive fire protection, technical cleaning, rope access techniques, robotic surface treatment, architectural outfitting services.

Beerenberg AS (OSL:BBERG) Headlines

No Headlines