Movable assets · machinery, fleets, vessels
Valuation of equipment, vehicles and vessels
A machine is worth what someone will pay for it, or what it costs to replace, less age and obsolescence. We value item by item, with an inventory that can be checked.
We reply on the next working day. We name the fee in writing, in our reply to your inquiry. Scope and timing are confirmed in writing before work starts.
- Movable assetsmachinery, fleets, vessels
- For bankruptcyliquidation value
- StandardIVS1
IWho it is for
When equipment is valued
Securing a loan or lease with equipment
Bankruptcy and liquidation: what can be recovered within a limited time
Insurance, damage and disputes over value
Financial statements: revaluation and impairment testing
01Service
Approach
For bankruptcy and forced sale we also calculate liquidation value, because it usually differs from market value. Both values are in the report, with the reason for the difference.
IIWhat you get
What you get
- 01
An inventory of items with identification, condition and photographs
- 02
Value per item and in total, on the requested basis of value
- 03
Explanation of the approach and the price sources
IVMethodology
For equipment with an active market (vehicles, standard machinery, vessels) the market approach leads, through comparable offers and sales. For specialised equipment and production lines, the cost approach: the cost of replacing it with new equipment of the same capability, less physical, functional and economic obsolescence.
VIFee
Fee and timing in writing, before work starts
No hourly billing. We name the fee in writing, in our reply to your inquiry. What is not included is listed in the written proposal.
VIISources and legal framework
Primary sources
- IVSC - International Valuation Standards (effective 31 January 2025)
- RICS - Valuation Global Standards (Red Book), published November 2024, effective 31 January 2025
- IFRS Foundation - IFRS 13 Fair Value Measurement
- IFRS Foundation - IAS 36 Impairment of Assets
- IVSC - IVS free to access since 31 January 2025
VIIIQuestions
Questions clients ask about this topic
What is the difference between market value and liquidation value?
Market value assumes a normal marketing period. Liquidation value assumes a sale within a short or forced period and is usually lower.
Do you value vessels?
Yes, with an inspection of the vessel and its documents.
Do you value equipment outside Montenegro?
No. Real estate, equipment and vehicles are valued only in Montenegro, with an on-site inspection.
What do we need to start?
A list of the equipment with the year of manufacture and the purchase cost, if available, and the place where the equipment is located.
IXNext step
Tell us what is being valued and for whom.
office@schule.co.me · Phone +382 67 338 777 · By appointment, Mon-Fri 07:00-15:00 (Podgorica time)