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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 GouldingKudoZ activityQuestions: 165 (none open) ( 7 without valid answers) ( 12 closed without grading) Answers: 118
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| | 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 |
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7 mins confidence: 
2 hrs confidence: 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: Norwegian PRO pts in category: 26
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| | Grading comment | Thanks for the definition! |
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