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Candles Scandinavia B (OSTO:CANDLE B) Retained Earnings : kr1.6 Mil (As of Jan. 2024)


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What is Candles Scandinavia B Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Candles Scandinavia B's retained earnings for the quarter that ended in Jan. 2024 was kr1.6 Mil.

Candles Scandinavia B's quarterly retained earnings increased from Jul. 2023 (kr-0.8 Mil) to Oct. 2023 (kr4.4 Mil) but then declined from Oct. 2023 (kr4.4 Mil) to Jan. 2024 (kr1.6 Mil).

Candles Scandinavia B's annual retained earnings declined from Apr. 2020 (kr5.0 Mil) to Apr. 2021 (kr0.0 Mil) but then stayed the same from Apr. 2021 (kr0.0 Mil) to Apr. 2022 (kr0.0 Mil).


Candles Scandinavia B Retained Earnings Historical Data

The historical data trend for Candles Scandinavia B'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.

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Candles Scandinavia B Retained Earnings Chart

Candles Scandinavia B Annual Data
Trend Apr20 Apr21 Apr22
Retained Earnings
5.04 - -

Candles Scandinavia B Quarterly Data
Apr20 Jul20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 6.55 - -0.83 4.39 1.64

Candles Scandinavia B 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.


Candles Scandinavia B  (OSTO:CANDLE 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.


Candles Scandinavia B (OSTO:CANDLE B) Business Description

Traded in Other Exchanges
N/A
Address
Cv-Gatan 38 B, Orebro, SWE, 703 82
Candles Scandinavia B is a manufacturer of candles. The company produces scented candles with 100% plant-based, biodegradable candle wax. The firm primarily targets business chains and brands in fashion, beauty and home furnishings, to which it offers private label solutions. The company is primarily active in the Nordic region.

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