Observit AB (OSTO:OBSE) Buildings And Improvements : kr0.00 Mil (As of Dec. 2024)

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What is Observit AB Buildings And Improvements?

Observit AB Buildings And Improvements Historical Data

The historical data trend for Observit 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.
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Observit AB Buildings And Improvements Chart

Observit AB Annual Data

Trend

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Buildings And Improvements

Observit AB Quarterly Data
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Observit 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.

Observit AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Observit AB (OSTO:OBSE) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

N/A

Address

Heffners Alle 52, Sundsvall, SWE, 856 33

Website

https://www.observit.com

Observit AB is the market leader in the Nordics when it comes to mobile video surveillance in public transport. The company provides software as a cloud service, and a Software as a Service (SaaS) solution, and currently has approximately 38,000 licenses (one license per security camera) connected worldwide. The customer base includes large, well-known bus operators such as Nobina, Keolis, and Arriva and other transport-heavy customers such as Elis. Observit wants to become the leading global brand for mobile video solutions in the transport sector.

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