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Karnov Group AB (OSTO:KAR) Retained Earnings : kr-76 Mil (As of Mar. 2024)


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What is Karnov Group AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Karnov Group AB's retained earnings for the quarter that ended in Mar. 2024 was kr-76 Mil.

Karnov Group AB's quarterly retained earnings increased from Sep. 2023 (kr-93 Mil) to Dec. 2023 (kr-65 Mil) but then declined from Dec. 2023 (kr-65 Mil) to Mar. 2024 (kr-76 Mil).

Karnov Group AB's annual retained earnings increased from Dec. 2021 (kr-171 Mil) to Dec. 2022 (kr-109 Mil) and increased from Dec. 2022 (kr-109 Mil) to Dec. 2023 (kr-65 Mil).


Karnov Group AB Retained Earnings Historical Data

The historical data trend for Karnov 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.

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Karnov Group AB Retained Earnings Chart

Karnov Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -217.05 -156.59 -170.95 -109.10 -65.30

Karnov Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -90.40 -115.40 -93.30 -65.30 -75.60

Karnov 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.


Karnov Group AB  (OSTO:KAR) 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.


Karnov Group AB (OSTO:KAR) Business Description

Traded in Other Exchanges
Address
Warfvinges vag 39, Stockholm, SWE, 112 51
Karnov Group AB is a provider of mission-critical information in the areas of legal, tax and auditing, environment, and health and safety. Karnov's products include subscription-based online solutions for law firms, tax and accounting firms, corporates, and the public sector including, courts, universities, public authorities, and municipalities. Karnov also publishes and sells offline books and journals and hosts legal training courses. Its brands are Karnov, Norstedts Juridik, Notisum, Legal Cross Border, Forlaget Andersen, LEXNordics and DIBkunnskap. Geographically, it derives a majority of its revenue from Denmark and also has a presence in Sweden, Norway, France, Spain, and Portugal.