Norva24 Group AB (NORVA.ST)

Net assets on the balance sheet as of September 2024 : NZ$0.38 Billion

According to Norva24 Group AB's latest financial reports the company has NZ$0.38 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	$NZ$0.32 B	15.54%
2022-12-31	$NZ$0.27 B	3.77%
2021-12-31	$NZ$0.26 B	139.6%
2020-12-31	$NZ$0.11 B	24.38%
2019-12-31	$NZ$90.16 M	62.61%
2018-12-31	$NZ$55.44 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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Norva24 Group AB (NORVA.ST) - Net assets