Otovo ASA (OTOVO.OL)

Net assets on the balance sheet as of December 2023 : S$0.11 B

According to Otovo ASA's latest financial reports the company has S$0.11 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Otovo ASA - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.11 B	55.75%
2022-12-31	$S$72.94 M	-8.64%
2021-12-31	$S$79.83 M	207.82%
2020-12-31	$S$25.93 M	-23.69%
2019-12-31	$S$33.98 M	89.61%
2018-12-31	$S$17.92 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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Otovo ASA (OTOVO.OL) - Net assets