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Kongsberg Gruppen ASA (OSTO:KOGO) Retained Earnings : kr9,964 Mil (As of Mar. 2024)


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What is Kongsberg Gruppen ASA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kongsberg Gruppen ASA's retained earnings for the quarter that ended in Mar. 2024 was kr9,964 Mil.

Kongsberg Gruppen ASA's quarterly retained earnings increased from Sep. 2023 (kr7,745 Mil) to Dec. 2023 (kr8,855 Mil) and increased from Dec. 2023 (kr8,855 Mil) to Mar. 2024 (kr9,964 Mil).

Kongsberg Gruppen ASA's annual retained earnings declined from Dec. 2021 (kr7,079 Mil) to Dec. 2022 (kr6,911 Mil) but then increased from Dec. 2022 (kr6,911 Mil) to Dec. 2023 (kr8,855 Mil).


Kongsberg Gruppen ASA Retained Earnings Historical Data

The historical data trend for Kongsberg Gruppen ASA'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.

Kongsberg Gruppen ASA Retained Earnings Chart

Kongsberg Gruppen ASA 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 6,249.00 6,754.00 7,079.00 6,911.00 8,855.00

Kongsberg Gruppen ASA 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 7,972.00 6,707.00 7,745.00 8,855.00 9,964.00

Kongsberg Gruppen ASA 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.


Kongsberg Gruppen ASA  (OSTO:KOGO) 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.


Kongsberg Gruppen ASA (OSTO:KOGO) Business Description

Address
Kirkegardsveien 45, Kongsberg, NOR, N-3616
Kongsberg Gruppen ASA is an international technology company that supplies products and services to defense, maritime, oil, gas, and aerospace industries. The company is divided into two business segments: the maritime segment and defense and aerospace systems. Maritime, which earns most of the company revenue, creates navigation, automation, monitoring, and positioning products for commercial ships and offshore industries. The defense and aerospace segment provides defense and space-related products and systems. Outside of the two main segments, the firm operates Kongsberg Digital, which produces digital solutions for oil, gas, wind, and merchant marine markets. Products are delivered globally, with North America accounting for about a third of total revenue.

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