Simris Alg AB (OSTO:SIMRIS B) Buildings And Improvements : kr0.00 Mil (As of Mar. 2025)

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What is Simris Alg AB Buildings And Improvements?

Simris Alg AB Buildings And Improvements Historical Data

The historical data trend for Simris Alg 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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Simris Alg AB Buildings And Improvements Chart

Simris Alg AB Annual Data

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Buildings And Improvements

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Simris Alg AB Quarterly Data
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Simris Alg 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.

Simris Alg AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Simris Alg AB (OSTO:SIMRIS B) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

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Address

Herrestadsvagen 24A, Hammenhog, SWE, 276 50

Website

https://www.simrisalg.se

Simris Alg AB is a biotechnology company, engaged in research, development and production of bioactive substances from microalgae, for nutraceutical, cosmeceutical and pharmaceutical applications. The company's technology provides access to bioactive substances with novel functions, while replacing unsustainable raw materials from endangered marine species and ecosystems. Its first commercialised range is a series of omega-3 health supplements marketed under the company's own brand.

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