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

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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															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

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Var Energi ASA (OSL:VAR) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

VARRY:USA VARo:Sweden VARo:UK J4V:Germany

Address

Vestre Svanholmen 1, Sandnes, NOR, 4313

Website

https://www.varenergi.no

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.