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Infortar AS (OTSE:INF1T) Construction In Progress : €21 Mil (As of Dec. 2023)


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What is Infortar AS Construction In Progress?

Infortar AS's quarterly construction in progress increased from Dec. 2021 (€0 Mil) to Dec. 2022 (€10 Mil) and increased from Dec. 2022 (€10 Mil) to Dec. 2023 (€21 Mil).

Infortar AS's annual construction in progress increased from Dec. 2021 (€0 Mil) to Dec. 2022 (€10 Mil) and increased from Dec. 2022 (€10 Mil) to Dec. 2023 (€21 Mil).

Infortar AS Construction In Progress Historical Data

The historical data trend for Infortar 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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Infortar AS Construction In Progress Chart

Infortar AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Construction In Progress
- - 9.79 21.02

Infortar AS Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Construction In Progress - - 9.79 21.02

Infortar 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.

Infortar AS (OTSE:INF1T) Business Description

Industry
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Traded in Other Exchanges
X8K:Germany
Address
Sadama 5, Tallinn, EST, 10111
Website
https://www.infortar.ee
Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are energy, shipping, real estate, and others. Energy segment consisting of natural gas and electricity trade and sale, natural gas distribution service, sale and bunkering of liquefied natural gas, sale of compressed gas, biomethane production, and solar electricity production, Real estate segment consisting of hotels, office buildings, logistics center, and other real estate object, and Other segment which predominantly includes construction, drug and pharmacy wholesale, building materials, printing, taxicab, and other activities.

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