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Bakkafrost P/F (OSL:BAKKA) Construction In Progress : kr1,853 Mil (As of Dec. 2023)


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What is Bakkafrost P/F Construction In Progress?

Bakkafrost P/F's quarterly construction in progress stayed the same from Jun. 2023 (kr0 Mil) to Sep. 2023 (kr0 Mil) but then increased from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr1,853 Mil).

Bakkafrost P/F's annual construction in progress increased from Dec. 2021 (kr1,068 Mil) to Dec. 2022 (kr1,568 Mil) and increased from Dec. 2022 (kr1,568 Mil) to Dec. 2023 (kr1,853 Mil).


Bakkafrost P/F Construction In Progress Historical Data

The historical data trend for Bakkafrost P/F'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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Bakkafrost P/F Construction In Progress Chart

Bakkafrost P/F Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 850.58 552.36 1,067.94 1,568.44 1,853.10

Bakkafrost P/F Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,568.44 - - - 1,853.10

Bakkafrost P/F 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.


Bakkafrost P/F (OSL:BAKKA) Business Description

Address
Bakkavegur 9, P.O. Box 221, Glyvrar, FRO, FO-625
Bakkafrost P/F is a salmon producer based in the Faroe Islands. The company's activities include farming, harvesting, packaging, processing, and sales. The salmon products consist of whole salmon, frozen salmon portions, salmon heads, backbones, belly flaps, and salmon skin. Bakkafrost divides its operations into three segments. The fish farming segment involves the breeding, processing, sales, and distribution of salmon and contributes to the majority of the group revenue. The value-added products segment produces skinless and boneless portions of salmon. The fishmeal, oil and feed segment is engaged in the production and sale of fishmeal, fish oil and fish feed through Bakkafrost's subsidiary Havsbrun.

Bakkafrost P/F (OSL:BAKKA) Headlines

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