Friedrich Vorwerk Group (VH2.DE)

Net assets on the balance sheet as of June 2024 : NZ$0.32 Billion

According to Friedrich Vorwerk Group's latest financial reports the company has NZ$0.32 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Friedrich Vorwerk Group - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.29 B	8.77%
2022-12-31	$NZ$0.27 B	9.06%
2021-12-31	$NZ$0.25 B	133.16%
2020-12-31	$NZ$0.10 B	72.07%
2019-12-31	$NZ$63 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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Friedrich Vorwerk Group (VH2.DE) - Net assets