Friedrich Vorwerk Group SE (XTER:VH2) Construction In Progress : €4.8 Mil (As of Dec. 2024)

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What is Friedrich Vorwerk Group SE Construction In Progress?

Friedrich Vorwerk Group SE's quarterly construction in progress increased from Jun. 2024 (€2.2 Mil) to Sep. 2024 (€2.7 Mil) and increased from Sep. 2024 (€2.7 Mil) to Dec. 2024 (€4.8 Mil).

Friedrich Vorwerk Group SE's annual construction in progress increased from Dec. 2022 (€7.9 Mil) to Dec. 2023 (€14.1 Mil) but then declined from Dec. 2023 (€14.1 Mil) to Dec. 2024 (€4.8 Mil).

Friedrich Vorwerk Group SE Construction In Progress Historical Data

The historical data trend for Friedrich Vorwerk Group SE'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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Friedrich Vorwerk Group SE Construction In Progress Chart

Friedrich Vorwerk Group SE Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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9.24

0.54

7.86

14.12

4.78

Friedrich Vorwerk Group SE Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial															14.12	2.76	2.21	2.66	4.78

Friedrich Vorwerk Group SE 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.

Friedrich Vorwerk Group SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Friedrich Vorwerk Group SE (XTER:VH2) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

FRVWY:USA FDVWF:USA VH2d:UK

Address

Harburger Strabe19, Tostedt, DEU, 21255

Website

https://www.friedrich-vorwerk.de

Friedrich Vorwerk Group SE is a driver of the European energy transition. It has four segments Natural Gas segment, which is the key revenue driver, comprises the transport and conversion of raw natural gas into treated natural gas, the electricity segment provides infrastructure for the underground transport and conversion of electricity, which is generated from non-fossil energy sources such as wind, solar, hydro, and regenerative resources, Clean Hydrogen segment comprises the conversion of energy from energy sources into clean hydrogen and its transportation to consumers, Adjacent Opportunities segment concentrates on the related turnkey technologies, and the majority of its revenue comes from Adjacent Opportunities.

Executives

Torben Kleinfeldt	Board of Directors
Dr. Christof Nesemeier	Supervisory Board
Tim Hameister	Board of Directors
Dr. Julian Deutz	Supervisory Board
Heike Von Der Heyden	Supervisory Board

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