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Salmon Evolution ASA (OSTO:SALMEO) Construction In Progress : kr292.0 Mil (As of Sep. 2024)


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What is Salmon Evolution ASA Construction In Progress?

Salmon Evolution ASA's quarterly construction in progress increased from Mar. 2024 (kr106.8 Mil) to Jun. 2024 (kr142.8 Mil) and increased from Jun. 2024 (kr142.8 Mil) to Sep. 2024 (kr292.0 Mil).

Salmon Evolution ASA's annual construction in progress increased from Dec. 2021 (kr971.1 Mil) to Dec. 2022 (kr1,713.5 Mil) but then declined from Dec. 2022 (kr1,713.5 Mil) to Dec. 2023 (kr70.8 Mil).

Salmon Evolution ASA Construction In Progress Historical Data

The historical data trend for Salmon Evolution ASA'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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Salmon Evolution ASA Construction In Progress Chart

Salmon Evolution ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
25.55 219.93 971.12 1,713.49 70.78

Salmon Evolution ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 75.62 70.78 106.83 142.79 291.97

Salmon Evolution ASA 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.

Salmon Evolution ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Salmon Evolution ASA (OSTO:SALMEo) » Definitions » Construction In Progress
Comparable Companies
OSL:AFISH OSL:MAS OSL:IFISH OSL:ANDF OSL:NOAP OSL:ASA OSL:GIGA OSL:NCOD OSL:NOHAL OSL:PROXI ADM SZSE:002714 SZSE:300498 SHSE:600438 TSN BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN
Traded in Other Exchanges
SALME:Norway 60E:Germany
Address
Torget 5, Elnesvagen, Hustadvika, NOR, 6440
Website
https://www.salmonevolution.no
Salmon Evolution ASA is a land-based salmon farming company in Norway that uses hybrid flow-through system technology. Its production facility is in Indre Haroy, Norway, providing access to an experienced workforce, established infrastructure, renewable energy, and unlimited fresh seawater. The company has two reportable segments which is Farming Norway and Other. Farming Norway includes Salmon Evolution Norway AS, Salmon Evolution Dale AS, and Salmon Evolution Sales AS, while the Other segment covers revenue and costs not attributable to the farming segment.

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