Reach Subsea ASA (FRA:4RS) Buildings And Improvements : €0.0 Mil (As of Mar. 2024)

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What is Reach Subsea ASA Buildings And Improvements?

Reach Subsea ASA Buildings And Improvements Historical Data

The historical data trend for Reach Subsea ASA's Buildings And Improvements 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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Reach Subsea ASA Buildings And Improvements Chart

Reach Subsea ASA Annual Data

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Buildings And Improvements

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Reach Subsea ASA Quarterly Data
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Reach Subsea ASA Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Reach Subsea ASA (FRA:4RS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Reach Subsea ASA (FRA:4RS) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

REACHo:Sweden REACH:Norway

Address

Møllervegen 6, Haugesund, NOR, 5525

Website

https://www.reachsubsea.no

Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment.

Reach Subsea ASA (FRA:4RS) Headlines

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