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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tryg AS's retained earnings for the quarter that ended in Jun. 2026 was $4,690 Mil.
Tryg AS's quarterly retained earnings
declined
from Dec. 2025 ($4,760 Mil) to Mar. 2026 ($4,521 Mil) but then
increased
from Mar. 2026 ($4,521 Mil) to Jun. 2026 ($4,690 Mil).
Tryg AS's annual retained earnings
declined
from Dec. 2023 ($4,720 Mil) to Dec. 2024 ($4,474 Mil) but then
increased
from Dec. 2024 ($4,474 Mil) to Dec. 2025 ($4,760 Mil).
Tryg AS (OTCPK:TGVSF) 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.
Tryg AS Retained Earnings Historical Data
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The historical data trend for Tryg 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.
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.
Tryg AS (TGVSF) has a Retained Earnings of $4,690 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Tryg AS and its competitors.
Is Tryg AS's Retained Earnings too high?
Tryg AS's current Retained Earnings is $4,690 Mil. Overall, Tryg AS has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Tryg AS's Retained Earnings compare to BRK.A and AIG?
Tryg AS's Retained Earnings of $4,690 Mil can be compared against companies in the Insurance 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 an Insurance company?
A good Retained Earnings depends on the Insurance 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 Tryg AS and its competitors. Tryg AS's current Retained Earnings is $4,690 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tryg AS stock overvalued right now?
Tryg AS (TGVSF) has a current Retained Earnings of $4,690 Mil. The stock's GF Value™ is $25.05, compared to a current price of $23.75 — trading 5.2% below its estimated fair value. The current Retained Earnings is $4,690 Mil. Tryg AS's overall GF Score™ is 79/100 with 6 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 Tryg AS (TGVSF), the current Retained Earnings is $4,690 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 Tryg AS (TGVSF) Overvalued in 2026?
Based on GuruFocus' analysis, Tryg AS stock appears to be undervalued.
The current stock price of $23.75 is trading 5.2% below its estimated GF Value™ of $25.05.
Key valuation signals for TGVSF:
Retained Earnings: $4,690 Mil
GF Value™: $25.05 vs. price of $23.75 (5.2% below fair value)
No single metric tells the full story. See the TGVSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
For a long period of time Tryg was focussed purely on the Danish market, but over the last two decades the company has built its presence in Scandinavia more broadly. So, while this nonlife insurer derives close to 50% of its revenue from Denmark, it derives another 30% from Sweden and close to 20% from Norway. Comprehensive motor, third-party, accident, and health are Tryg's largest lines of business. Tryg insures both companies and private individuals, though private individuals make up close to two-thirds of revenue. In June 2021 Tryg acquired the Scandinavian operations of Royal Sun Alliance. The acquisition provided Tryg with a significant step forward in Sweden, introducing DKK 8 billion of insurance revenue and DKK 1 billion in Norway.
79GF Score
Get the complete analysis for TGVSF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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