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opptjent egenkapital

English translation: retained earnings


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:opptjent egenkapital
English translation:retained earnings
Entered by: Karen Goulding
Options:
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10:22 Mar 19, 2004
Norwegian to English translations [PRO]
Bus/Financial - Accounting / term in balance sheet
Norwegian term or phrase: opptjent egenkapital
From a company's annual accounts/balance sheet.
Under Equity and Liabilities

EGENKAPITAL

Opptjent egenkapital
Annen egenkapital
Sum opptjent egenkapital

Sum egenkapital
Karen Goulding
Local time: 01:33
retained earnings
Explanation:
Retained Earnings
The portion of net income retained for reinvestment in the company rather than being paid in dividends to shareholders. But remember, retained earnings of, say, $10 million doesn't mean the company has $10 million sitting around in cash. Instead it means that over the years the company has held back $10 million in profits which, in all likelihood, it invested in new factories, trucks and so forth in furtherance of its business. So retained earnings are really just another stockholder claim on assets, rather than any specific asset in and of themselves.

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Selected response from:

Tore Bjerkek
Canada
Local time: 20:33
Grading comment
Thanks for the definition!
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +3retained earnings
Tore Bjerkek
5retained profits
Sven Petersson


  

Answers


7 mins   confidence: Answerer confidence 5/5
retained profits


Explanation:
Please see reference!


    Reference: http://www.nhst.no/english/index.jsp
Sven Petersson
Sweden
Local time: 02:33
Native speaker of: Native in SwedishSwedish, Native in EnglishEnglish
PRO pts in category: 38
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2 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +3
retained earnings


Explanation:
Retained Earnings
The portion of net income retained for reinvestment in the company rather than being paid in dividends to shareholders. But remember, retained earnings of, say, $10 million doesn't mean the company has $10 million sitting around in cash. Instead it means that over the years the company has held back $10 million in profits which, in all likelihood, it invested in new factories, trucks and so forth in furtherance of its business. So retained earnings are really just another stockholder claim on assets, rather than any specific asset in and of themselves.

243 000 hits on Google

Tore Bjerkek
Canada
Local time: 20:33
Native speaker of: Native in NorwegianNorwegian
PRO pts in category: 26
Grading comment
Thanks for the definition!

Peer comments on this answer (and responses from the answerer)
agree  Roald Toskedal
1 hr

agree  Suzanne Blangsted
1 hr

agree  xxxKirstyMacC
7 hrs
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