Norva24 Group AB (NORVA.ST)

Net assets on the balance sheet as of September 2024 : A$0.34 Billion

According to Norva24 Group AB's latest financial reports the company has A$0.34 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Norva24 Group AB - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.29 B	14.95%
2022-12-31	$A$0.26 B	2.49%
2021-12-31	$A$0.25 B	141.99%
2020-12-31	$A$0.10 B	20.74%
2019-12-31	$A$86.86 M	64.47%
2018-12-31	$A$52.81 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Norva24 Group AB (NORVA.ST) - Net assets