FREYR Battery (FREY)

Net assets on the balance sheet as of September 2023 : HK$4.93 Billion

According to FREYR Battery's latest financial reports the company has HK$4.93 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

FREYR Battery - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$5.62 B	32.28%
2021-12-31	$HK$4.25 B	10970.99%
2020-12-31	$HK$38.41 M

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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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FREYR Battery (FREY) - Net assets