Norse Atlantic ASA (NORSE.OL)

Net assets on the balance sheet as of June 2024 : -$0.18 Billion USD

According to Norse Atlantic ASA's latest financial reports the company has -$0.18 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Norse Atlantic ASA - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-$89.7 Million	-951.42%
2022-12-31	$$10.53 M	-93.27%
2021-12-31	$$0.15 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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Norse Atlantic ASA (NORSE.OL) - Net assets