Nordic Fibreboard AS (OTSE:SKN1T) Accumulated Depreciation : €-10.10 Mil (As of Mar. 2024)

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What is Nordic Fibreboard AS Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Nordic Fibreboard AS's quarterly accumulated depreciation declined from Sep. 2023 (€-10.01 Mil) to Dec. 2023 (€-9.97 Mil) but then increased from Dec. 2023 (€-9.97 Mil) to Mar. 2024 (€-10.10 Mil).

Nordic Fibreboard AS's annual accumulated depreciation increased from Dec. 2021 (€-9.35 Mil) to Dec. 2022 (€-9.72 Mil) and increased from Dec. 2022 (€-9.72 Mil) to Dec. 2023 (€-9.97 Mil).

Nordic Fibreboard AS Accumulated Depreciation Historical Data

The historical data trend for Nordic Fibreboard AS's Accumulated Depreciation 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 Fibreboard AS Accumulated Depreciation Chart

Nordic Fibreboard AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-8.76

-9.03

-9.35

-9.72

-9.97

Nordic Fibreboard AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-9.84	-9.89	-10.01	-9.97	-10.10

Nordic Fibreboard AS Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Nordic Fibreboard AS Accumulated Depreciation Related Terms

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Nordic Fibreboard AS (OTSE:SKN1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Nordic Fibreboard AS (OTSE:SKN1T) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rääma 31, Parnu, EST, 80044

Website

https://www.nordicfibreboard.com

Nordic Fibreboard AS is a company operating in the business of fiberboard and furniture products. It operates through the business segments of Fibreboard manufacturing and sale; Furniture retail sale and Real Estate Management. The company generates maximum revenue from the Fibreboard manufacturing and sale segment. Fibreboard manufacturing and sale segment include the manufacture of general construction boards based on softwood fibre boards and interior finishing boards in Parnu and Pussi factories and wholesale of those boards. Geographically, it derives a majority of revenue from the European Union and also has a presence in Russia; Asia; Africa; the Middle East and Other.

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