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House Of Control Group AS (OSL:HOC) Buildings And Improvements : kr0.0 Mil (As of Sep. 2022)


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What is House Of Control Group AS Buildings And Improvements?


House Of Control Group AS Buildings And Improvements Historical Data

The historical data trend for House Of Control 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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House Of Control Group AS Buildings And Improvements Chart

House Of Control Group AS Annual Data
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House Of Control Group AS Quarterly Data
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House Of Control 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.


House Of Control Group AS (OSL:HOC) Business Description

Traded in Other Exchanges
N/A
Address
O.H. Bangs vei 70, Hovik, NOR, 1363
House Of Control Group AS provides software solutions. The company develops and sells software as a service (SaaS) solutions. The solutions include Complete Control, which is used for managing contracts and assets, including the contracts' financial implications for accounting, budgeting and reporting. Also, the company provides SaaS applications for the users of IFS, an Enterprise Resource Planning system. The solutions are mainly focused on purchasing processes, supplier and B2B customer communications, and travel, time and expense management.

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