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Knox Energy Solutions AS (OSL:KNOX) Retained Earnings : kr0.00 Mil (As of Dec. 2023)


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What is Knox Energy Solutions AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Knox Energy Solutions AS's retained earnings for the quarter that ended in Dec. 2023 was kr0.00 Mil.

Knox Energy Solutions AS's quarterly retained earnings declined from Dec. 2022 (kr0.00 Mil) to Jun. 2023 (kr-11,422.16 Mil) but then increased from Jun. 2023 (kr-11,422.16 Mil) to Dec. 2023 (kr0.00 Mil).

Knox Energy Solutions AS's annual retained earnings increased from Dec. 2021 (kr-14,130.30 Mil) to Dec. 2022 (kr0.00 Mil) but then stayed the same from Dec. 2022 (kr0.00 Mil) to Dec. 2023 (kr0.00 Mil).


Knox Energy Solutions AS Retained Earnings Historical Data

The historical data trend for Knox Energy Solutions 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.

Knox Energy Solutions AS Retained Earnings Chart

Knox Energy Solutions AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -6,801.83 -9,944.83 -14,130.30 - -

Knox Energy Solutions AS Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only -14,130.30 -22,265.46 - -11,422.16 -

Knox Energy Solutions 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.


Knox Energy Solutions AS  (OSL:KNOX) 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.


Knox Energy Solutions AS (OSL:KNOX) Business Description

Traded in Other Exchanges
Address
Stromso torg 4, Drammen, NOR, 3044
Hyon AS is a Norway-based company engaged in developing and delivering high-capacity hydrogen fueling systems for ships. The company transfers hydrogen from shore to the ships either as a stand-alone fueling solution or as an integrated solution combining production, storage, and distribution on a barge.

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