FREYR Battery (FREY)

Net assets on the balance sheet as of December 2023 : A$1.00 Billion

According to FREYR Battery's latest financial reports the company has A$1.00 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
2023-12-31	$A$0.93 B	-11.96%
2022-12-31	$A$1.05 B	40.64%
2021-12-31	$A$0.75 B	11573.78%
2020-12-31	$A$6.44 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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FREYR Battery (FREY) - Net assets