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Svitzer Group AS (OCSE:SVITZR) Construction In Progress : kr423 Mil (As of Dec. 2024)


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What is Svitzer Group AS Construction In Progress?

Svitzer Group AS's quarterly construction in progress declined from Dec. 2023 (kr557 Mil) to Jun. 2024 (kr0 Mil) but then increased from Jun. 2024 (kr0 Mil) to Dec. 2024 (kr423 Mil).

Svitzer Group AS's annual construction in progress increased from Dec. 2022 (kr0 Mil) to Dec. 2023 (kr557 Mil) but then declined from Dec. 2023 (kr557 Mil) to Dec. 2024 (kr423 Mil).

Svitzer Group AS Construction In Progress Historical Data

The historical data trend for Svitzer Group 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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Svitzer Group AS Construction In Progress Chart

Svitzer Group AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Construction In Progress
- - 557.00 423.00

Svitzer Group AS Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Construction In Progress Get a 7-Day Free Trial - - 557.00 - 423.00

Svitzer Group 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.

Svitzer Group AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Svitzer Group AS (OCSE:SVITZR) » Definitions » Construction In Progress
Comparable Companies
OCSE:DNORD OCSE:DFDS OCSE:ERRIA BOM:532921 HKSE:01919 XTER:HLAG OCSE:MAERSK B SHSE:600018 TSE:9101 TPE:2603 XKRX:011200 TSE:9104 PHS:ICT SHSE:601018 HKSE:00316 ADX:ADNOCLS TSE:9107 TPE:2609 XKLS:3816 BOM:543994
Traded in Other Exchanges
SVZRF:USA 9Y1:Germany
Address
Sundkrogsgade 17, Copenhagen, DNK, 2100
Website
https://www.svitzer.com
Svitzer Group AS is in sustainable marine services. It provides customers with business-critical and safe towage services and maritime solutions. Company have divided its towage service business into two main areas: Harbour Towage: In Harbour Towage, company enter into agreements with vessel owners or operators to provide towage services for their vessels in specific ports; and Terminal Towage , company enter into agreements with on and offshore terminal operators or other customers for the delivery of towage services by making a pre-determined number of tugboats, and sometimes other vessels, available to service all vessels that enter or leave the specific terminal. The company operates in various countries such as Australia, Europe, America, AMEA, with majority from Australia.

Svitzer Group AS Headlines

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