GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NKT AS (LTS:0MGC) » Definitions » Construction In Progress

NKT AS (LTS:0MGC) Construction In Progress : kr4,214 Mil (As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is NKT AS Construction In Progress?

NKT AS's quarterly construction in progress stayed the same from Jun. 2024 (kr0 Mil) to Sep. 2024 (kr0 Mil) but then increased from Sep. 2024 (kr0 Mil) to Dec. 2024 (kr4,214 Mil).

NKT AS's annual construction in progress declined from Dec. 2022 (kr1,559 Mil) to Dec. 2023 (kr1,498 Mil) but then increased from Dec. 2023 (kr1,498 Mil) to Dec. 2024 (kr4,214 Mil).


NKT AS Construction In Progress Historical Data

The historical data trend for NKT AS's Construction In Progress 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.

* Premium members only.

NKT AS Construction In Progress Chart

NKT AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 419.60 1,429.23 1,558.58 1,498.14 4,213.60

NKT AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Construction In Progress 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 1,498.14 - - - 4,213.60

NKT AS Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


NKT AS Business Description

Traded in Other Exchanges
Address
Vibeholms Alle 20, Broendby, DNK, 2605
NKT A/S is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.

NKT AS Headlines

No Headlines