Nordic Group (SGX:MR7) Buildings And Improvements : S$38.4 Mil (As of Dec. 2023)

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What is Nordic Group Buildings And Improvements?

Nordic Group's quarterly buildings and improvements declined from Dec. 2022 (S$44.8 Mil) to Jun. 2023 (S$0.0 Mil) but then increased from Jun. 2023 (S$0.0 Mil) to Dec. 2023 (S$38.4 Mil).

Nordic Group's annual buildings and improvements increased from Dec. 2021 (S$30.7 Mil) to Dec. 2022 (S$44.8 Mil) but then declined from Dec. 2022 (S$44.8 Mil) to Dec. 2023 (S$38.4 Mil).

Nordic Group Buildings And Improvements Historical Data

The historical data trend for Nordic Group's Buildings And Improvements 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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Nordic Group Buildings And Improvements Chart

Nordic Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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20.17

30.72

44.77

38.39

Nordic Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															30.72	-	44.77	-	38.39

Nordic Group Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Nordic Group (SGX:MR7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nordic Group Ltd (SGX:MR7) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Tuas Avenue 10, Singapore, SGP, 639126

Website

https://www.nordicgrouplimited.com

Nordic Group Ltd is an investment holding company. Its operating business segments include Project Services, Maintenance Services, and Others. The company generates maximum revenue from the Maintenance services segment. Its Maintenance Services segment includes maintenance and repair services, trading and supply of material, spare parts and components. The Project services segment includes projects that require engineering, procurement, design, construction, machining, scaffolding works, insulation services, and passive fireproofing services. Geographically, Singapore derives the vast majority of its revenue.

Nordic Group (SGX:MR7) Headlines

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