Nordic Flanges Group AB (OSTO:NFGAB) Buildings And Improvements : kr0.0 Mil (As of Mar. 2025)

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What is Nordic Flanges Group AB Buildings And Improvements?

Nordic Flanges Group AB Buildings And Improvements Historical Data

The historical data trend for Nordic Flanges Group AB's Buildings And Improvements can be seen below:

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Nordic Flanges Group AB Buildings And Improvements Chart

Nordic Flanges Group AB Annual Data

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Buildings And Improvements

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Nordic Flanges Group AB Quarterly Data
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Nordic Flanges 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.

Nordic Flanges Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordic Flanges Group AB (OSTO:NFGAB) » Definitions » Buildings And Improvements

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Address

Herkulesgatan 14, Stockholm, SWE, 111 52

Website

http://www.nordicflanges.se

Nordic Flanges Group AB is a manufacturer and supplier of standard and special flanges in Nordic countries. It provides flange solutions in stainless steel, aluminum and carbon steel. Its products include stock flanges, welding necks, welding rings and loose flanges in stainless steel, carbon steel and stock other types of flanges, DIN 2642 flanges, DIN 2527 blind flanges and DIN 2673 flanges for plastic piping.

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