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New Wave Group AB (OSTO:NEWA B) Retained Earnings : kr5,303 Mil (As of Sep. 2024)


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What is New Wave Group AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. New Wave Group AB's retained earnings for the quarter that ended in Sep. 2024 was kr5,303 Mil.

New Wave Group AB's quarterly retained earnings declined from Mar. 2024 (kr5,353 Mil) to Jun. 2024 (kr5,099 Mil) but then increased from Jun. 2024 (kr5,099 Mil) to Sep. 2024 (kr5,303 Mil).

New Wave Group AB's annual retained earnings increased from Dec. 2021 (kr3,659 Mil) to Dec. 2022 (kr4,543 Mil) and increased from Dec. 2022 (kr4,543 Mil) to Dec. 2023 (kr5,229 Mil).


New Wave Group AB Retained Earnings Historical Data

The historical data trend for New Wave Group AB'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.

New Wave Group AB Retained Earnings Chart

New Wave Group AB 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 2,804.90 3,174.30 3,658.80 4,543.10 5,228.50

New Wave Group AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4,862.20 5,228.50 5,353.20 5,099.10 5,303.40

New Wave Group AB 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.


New Wave Group AB  (OSTO:NEWA B) 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.


New Wave Group AB Business Description

Traded in Other Exchanges
Address
Kungsportsavenyen 10, Gothenburg, SWE, 41136
New Wave Group AB is a Sweden-based company that designs, acquires and develops brands and products in the corporate promo, gifts, and home furnishings sectors. The group achieves synergies by coordinating the design, purchasing, marketing, warehousing and distribution of its product range. To ensure good diversification, the Group market its products in the corporate promo market and the retail market. The group divides its operations into three operating segments, Corporate, Sports and Leisure, and Gifts and Home Furnishings. It derives maximum revenue from Corporate segment.

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