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Scandinavian Brake Systems AS (OCSE:SBS) Construction In Progress : kr0.00 Mil (As of Jun. 2024)


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What is Scandinavian Brake Systems AS Construction In Progress?


Scandinavian Brake Systems AS Construction In Progress Historical Data

The historical data trend for Scandinavian Brake Systems 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.

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Scandinavian Brake Systems AS Construction In Progress Chart

Scandinavian Brake Systems AS Annual Data
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Construction In Progress
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Scandinavian Brake Systems AS Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Scandinavian Brake Systems 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.


Scandinavian Brake Systems AS Business Description

Traded in Other Exchanges
N/A
Address
Kuopiovej 11, Svendborg, DNK, 5700
Scandinavian Brake Systems AS is a Denmark based company engaged in manufacturing and selling of automotive and friction parts. Its operating segments are SBS Automotive and SBS Friction and Other. SBS Automotive segment comprises activities within vehicles, including sourcing, completion, and distribution of brake parts and related wearing parts for vehicles. The automotive products offered by the group are brake parts, clutch kits, coil springs, shock absorbers, and other parts. SBS Friction segment includes activities related to the manufacturing and sale of friction materials for motorcycles, wind turbines and for other areas. SBS Automotive segment contributes majorly to the group's revenue.