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Candles Scandinavia B (OSTO:CANDLE B) Intangible Assets : kr2.4 Mil (As of Oct. 2024)


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What is Candles Scandinavia B Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Candles Scandinavia B's intangible assets for the quarter that ended in Oct. 2024 was kr2.4 Mil.


Candles Scandinavia B Intangible Assets Historical Data

The historical data trend for Candles Scandinavia B's Intangible Assets 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.

* Premium members only.

Candles Scandinavia B Intangible Assets Chart

Candles Scandinavia B Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Intangible Assets
2.40 3.03 3.06 4.04

Candles Scandinavia B Quarterly Data
Apr20 Jul20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Intangible Assets 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 3.62 3.34 3.01 2.72 2.45

Candles Scandinavia B Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Candles Scandinavia B  (OSTO:CANDLE B) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Candles Scandinavia B Intangible Assets Related Terms

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Candles Scandinavia B Business Description

Traded in Other Exchanges
Address
Cv-Gatan 38 B, Orebro, SWE, 703 82
Candles Scandinavia B is a manufacturer of candles. The company produces scented candles with 100% plant-based, biodegradable candle wax. The firm primarily targets business chains and brands in fashion, beauty and home furnishings, to which it offers private label solutions. The company is primarily active in the Nordic region.

Candles Scandinavia B Headlines

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