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Vitec Software Group AB (FRA:7VS) Buildings And Improvements : €0.0 Mil (As of Mar. 2025)


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What is Vitec Software Group AB Buildings And Improvements?

Vitec Software Group AB's quarterly buildings and improvements increased from Sep. 2024 (€0.0 Mil) to Dec. 2024 (€3.7 Mil) but then declined from Dec. 2024 (€3.7 Mil) to Mar. 2025 (€0.0 Mil).

Vitec Software Group AB's annual buildings and improvements increased from Dec. 2022 (€3.1 Mil) to Dec. 2023 (€3.5 Mil) and increased from Dec. 2023 (€3.5 Mil) to Dec. 2024 (€3.7 Mil).


Vitec Software Group AB Buildings And Improvements Historical Data

The historical data trend for Vitec Software Group 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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Vitec Software Group AB Buildings And Improvements Chart

Vitec Software Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.48 2.96 3.06 3.46 3.72

Vitec Software Group AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 3.72 -

Vitec Software Group 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.


Vitec Software Group AB Business Description

Traded in Other Exchanges
Address
Tvistevagen 47A, Umea, SWE, 907 29
Vitec Software Group AB is a software company in Vertical Market Software in the Nordic region. The company provides software for the pharmacy market, automotive and machine industry, banks and insurance companies, healthcare companies, real estate agents, and the education sector. Its segments comprise Auto, Energy, Real Estate, Finance and insurance, Environment, Estate Agents, and Education and health.

Vitec Software Group AB Headlines

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