GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nordhealth AS (OSL:NORDH) » Definitions » Retained Earnings

Nordhealth AS (OSL:NORDH) Retained Earnings : kr-511.3 Mil (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Nordhealth AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nordhealth AS's retained earnings for the quarter that ended in Dec. 2024 was kr-511.3 Mil.

Nordhealth AS's quarterly retained earnings increased from Jun. 2024 (kr-403.3 Mil) to Sep. 2024 (kr0.0 Mil) but then declined from Sep. 2024 (kr0.0 Mil) to Dec. 2024 (kr-511.3 Mil).

Nordhealth AS's annual retained earnings declined from Dec. 2022 (kr-194.9 Mil) to Dec. 2023 (kr-395.5 Mil) and declined from Dec. 2023 (kr-395.5 Mil) to Dec. 2024 (kr-511.3 Mil).


Nordhealth AS Retained Earnings Historical Data

The historical data trend for Nordhealth 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.

Nordhealth AS Retained Earnings Chart

Nordhealth AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
48.38 -22.42 -194.86 -395.54 -511.30

Nordhealth AS Quarterly Data
Sep20 Dec20 Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -395.54 - -403.32 - -511.30

Nordhealth 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.


Nordhealth AS  (OSL:NORDH) 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.


Nordhealth AS Business Description

Traded in Other Exchanges
N/A
Address
Strandveien 50, Lysaker, Oslo, NOR, 1366
Nordhealth AS is a cloud-based healthcare Software-as-a-Service business. Its flagship products are Provet Cloud and EasyPractice, both cloud-based Practice Management Software for veterinarians and therapists, respectively. It builds software that empowers healthcare professionals to improve patient care, increase efficiency and expand their business. The company has two operating segments namely: Veterinary and Therapy. It operates geographically in Norway, which derives maximum revenue, Finland, Sweden, Denmark, Germany and Other countries.

Nordhealth AS Headlines

No Headlines