Otovo ASA (OTOVO.OL)

Net assets on the balance sheet as of December 2023 : €77.62 M

According to Otovo ASA's latest financial reports the company has €77.62 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Otovo ASA - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$€77.81 M	53.41%
2022-12-31	$€50.72 M	-2.52%
2021-12-31	$€52.03 M	224.22%
2020-12-31	$€16.04 M	-28.71%
2019-12-31	$€22.51 M	95.97%
2018-12-31	$€11.48 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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Otovo ASA (OTOVO.OL) - Net assets