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Fortinova Fastigheter AB (FRA:733) Buildings And Improvements : €0.00 Mil (As of Dec. 2024)


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What is Fortinova Fastigheter AB Buildings And Improvements?


Fortinova Fastigheter AB Buildings And Improvements Historical Data

The historical data trend for Fortinova Fastigheter AB'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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Fortinova Fastigheter AB Buildings And Improvements Chart

Fortinova Fastigheter AB Annual Data
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Fortinova Fastigheter AB Quarterly Data
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Fortinova Fastigheter AB 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.


Fortinova Fastigheter AB Business Description

Traded in Other Exchanges
Address
Norrgatan 10, Varberg, SWE, 432 41
Fortinova Fastigheter AB operates as a real estate company. It acquires, develops and manages residential properties in some of western Sweden's.

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