Norconsult ASA (OSL:NORCO) Retained Earnings: kr1,953 Mil (As of Jun. 2026)

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OSL:NORCO Norconsult ASA OSL:NORCO
61 GF Score
Price kr39.00
GF Value kr43.76
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Norconsult ASA Retained Earnings?

Norconsult ASA OSL:NORCO +3.72% 61 Retained Earnings is kr1,953 Mil as of Jun. 2026. GuruFocus rates OSL:NORCO with a GF Score™ of 61/100 and a GF Value™ of kr43.76 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Norconsult ASA's retained earnings for the quarter that ended in Jun. 2026 was kr1,953 Mil.

Norconsult ASA's quarterly retained earnings increased from Dec. 2025 (kr2,221 Mil) to Mar. 2026 (kr2,363 Mil) but then declined from Mar. 2026 (kr2,363 Mil) to Jun. 2026 (kr1,953 Mil).

Norconsult ASA's annual retained earnings increased from Dec. 2023 (kr1,820 Mil) to Dec. 2024 (kr2,040 Mil) and increased from Dec. 2024 (kr2,040 Mil) to Dec. 2025 (kr2,221 Mil).


Norconsult ASA  (OSL:NORCO) 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.


Norconsult ASA Retained Earnings Historical Data

* Premium members only.

The historical data trend for Norconsult 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.

Norconsult ASA Retained Earnings Chart

Norconsult ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial 1,855.00 1,948.00 1,820.00 2,040.00 2,221.00

Norconsult ASA Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1,919.00 2,045.00 2,221.00 2,363.00 1,953.00
OSL:NORCO
61GF Score
Norconsult ASA OSL:NORCO
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Norconsult 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of kr1,953 Mil mean?
Norconsult ASA (OSL:NORCO) has a Retained Earnings of kr1,953 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Norconsult ASA and its competitors.
Is Norconsult ASA's Retained Earnings too high?
Norconsult ASA's current Retained Earnings is kr1,953 Mil. Overall, Norconsult ASA has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norconsult ASA's Retained Earnings compare to PWR and FIX?
Norconsult ASA's Retained Earnings of kr1,953 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Construction company?
A good Retained Earnings depends on the Construction industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Norconsult ASA and its competitors. Norconsult ASA's current Retained Earnings is kr1,953 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norconsult ASA stock overvalued right now?
Based on GuruFocus' analysis, Norconsult ASA (OSL:NORCO) is currently considered Modestly Undervalued. The stock's GF Value™ is kr43.76, compared to a current price of kr39.00 — trading 10.9% below its estimated fair value. The current Retained Earnings is kr1,953 Mil. Norconsult ASA's overall GF Score™ is 61/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Norconsult ASA (OSL:NORCO), the current Retained Earnings is kr1,953 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Norconsult ASA (OSL:NORCO) Overvalued in 2026?

Based on GuruFocus' analysis, Norconsult ASA stock appears to be undervalued. The current stock price of kr39.00 is trading 10.9% below its estimated GF Value™ of kr43.76. GuruFocus considers Norconsult ASA to be Modestly Undervalued.

Key valuation signals for OSL:NORCO:

  • Retained Earnings: kr1,953 Mil
  • GF Value™: kr43.76 vs. price of kr39.00 (10.9% below fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the OSL:NORCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norconsult ASA Business Description

Other Exchanges NORCOo:UKJL80:Germany
Address Vestfjordgaten 4, Sandvika, NOR, 1338
Norconsult ASA is principally engaged in the provision of planning and consultancy services for all phases of social planning, engineering design, and architecture projects. The Group also develops and distributes complete IT solutions for project, building, and facility management for infrastructure and property and follow up on clients all the way from the development of ideas and concepts, through planning and engineering design to operation and monitoring. Geographically , the company operates in Norway, Sweden, Denmark, Iceland, Poland and Finland regions.
61GF Score

Get the complete analysis for OSL:NORCO

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr39.00
Price
kr43.76
GF Value