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Var Energi ASA (OSL:VAR) Buildings And Improvements : kr1,069 Mil (As of Mar. 2025)


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What is Var Energi ASA Buildings And Improvements?

Var Energi ASA's quarterly buildings and improvements increased from Sep. 2024 (kr900 Mil) to Dec. 2024 (kr1,034 Mil) and increased from Dec. 2024 (kr1,034 Mil) to Mar. 2025 (kr1,069 Mil).

Var Energi ASA's annual buildings and improvements increased from Dec. 2022 (kr809 Mil) to Dec. 2023 (kr829 Mil) and increased from Dec. 2023 (kr829 Mil) to Dec. 2024 (kr1,034 Mil).


Var Energi ASA Buildings And Improvements Historical Data

The historical data trend for Var Energi ASA'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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Var Energi ASA Buildings And Improvements Chart

Var Energi ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Buildings And Improvements
Get a 7-Day Free Trial 780.12 802.70 809.05 828.63 1,034.24

Var Energi ASA Quarterly Data
Dec18 Dec19 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 874.69 887.72 900.01 1,034.24 1,069.11

Var Energi ASA 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.


Var Energi ASA Business Description

Industry
Traded in Other Exchanges
Address
Vestre Svanholmen 1, Sandnes, NOR, 4313
Var Energi ASA independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. The Company operates within a single operating segment, and the products include oil and gas, natural gas liquids (NGL). Revenues are mainly related to the sale of oil, gas, and NGL.

Var Energi ASA Headlines

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