Svitzer Group AS (CHIX:SVITZC) Buildings And Improvements : kr0 Mil (As of Dec. 2024)

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What is Svitzer Group AS Buildings And Improvements?

Svitzer Group AS Buildings And Improvements Historical Data

The historical data trend for Svitzer Group AS'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.
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Svitzer Group AS Buildings And Improvements Chart

Svitzer Group AS Annual Data

Trend

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Buildings And Improvements

Svitzer Group AS Semi-Annual Data
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Svitzer Group AS 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.

Svitzer Group AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Svitzer Group AS (CHIX:SVITZc) » Definitions » Buildings And Improvements

Traded in Other Exchanges

SVZRF:USA SVITZR:Denmark 9Y1:Germany

Address

Sundkrogsgade 17, Copenhagen, DNK, 2100

Website

https://www.svitzer.com

Svitzer Group AS is in sustainable marine services. It provides customers with business-critical and safe towage services and maritime solutions. Company have divided its towage service business into two main areas: Harbour Towage: In Harbour Towage, company enter into agreements with vessel owners or operators to provide towage services for their vessels in specific ports; and Terminal Towage , company enter into agreements with on and offshore terminal operators or other customers for the delivery of towage services by making a pre-determined number of tugboats, and sometimes other vessels, available to service all vessels that enter or leave the specific terminal. The company operates in various countries such as Australia, Europe, America, AMEA, with majority from Australia.

Svitzer Group AS Headlines

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