Argeo AS (OSL:ARGEO) Accumulated Depreciation : kr-79.7 Mil (As of Mar. 2024)

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What is Argeo AS Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Argeo AS's quarterly accumulated depreciation increased from Sep. 2023 (kr-34.8 Mil) to Dec. 2023 (kr-70.8 Mil) and increased from Dec. 2023 (kr-70.8 Mil) to Mar. 2024 (kr-79.7 Mil).

Argeo AS's annual accumulated depreciation declined from Dec. 2021 (kr-12.8 Mil) to Dec. 2022 (kr-11.8 Mil) but then increased from Dec. 2022 (kr-11.8 Mil) to Dec. 2023 (kr-70.8 Mil).

Argeo AS Accumulated Depreciation Historical Data

The historical data trend for Argeo AS's Accumulated Depreciation 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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Argeo AS Accumulated Depreciation Chart

Argeo AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-0.59

-8.55

-12.80

-11.85

-70.78

Argeo AS Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial													-18.24	-26.98	-34.85	-70.78	-79.68

Argeo AS Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Argeo AS Accumulated Depreciation Related Terms

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Argeo AS (OSL:ARGEO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Argeo AS (OSL:ARGEO) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

8W2:Germany

Address

Nye Vakasvei 14, Hvalstad, Norge, NOR, 1395

Website

https://www.argeo.no

Argeo AS offers the ocean surveying and inspection industry by utilizing autonomous surface and underwater robotics solutions. This company is equipped with individual sensors and digital imaging technology, these autonomous underwater vehicles increase efficiency and imaging quality, in addition, to contributing to substantially reducing CO2 emissions from operations. The company's digital models and digital twin solutions are based on geophysical, hydrographic, and geological methods from shallow water to the deepest oceans for market segments in Infrastructure, Offshore Wind, Oil & Gas, and Deep Sea Minerals.

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