FREYR Battery (FREY)

Net assets on the balance sheet as of September 2023 : NZ$1.08 Billion

According to FREYR Battery's latest financial reports the company has NZ$1.08 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	$NZ$1.13 B	42.03%
2021-12-31	$NZ$0.79 B	11526.92%
2020-12-31	$NZ$6.86 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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FREYR Battery (FREY) - Net assets