Norva24 Group AB (NORVA.ST)

Net assets on the balance sheet as of September 2024 : HK$1.68 Billion

According to Norva24 Group AB's latest financial reports the company has HK$1.68 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	$HK$1.59 B	15.04%
2022-12-31	$HK$1.38 B	-3.6%
2021-12-31	$HK$1.43 B	129.49%
2020-12-31	$HK$0.62 B	32%
2019-12-31	$HK$0.47 B	62.56%
2018-12-31	$HK$0.29 B

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