Otovo ASA (OTOVO.OL)

Net assets on the balance sheet as of September 2024 : €50.98 Million

According to Otovo ASA's latest financial reports the company has €50.98 Million 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 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$€77.81 M	53.41%
2022-12-31	$€50.72 M	-2.96%
2021-12-31	$€52.27 M	227.73%
2020-12-31	$€15.94 M	-29.31%
2019-12-31	$€22.56 M	96.16%
2018-12-31	$€11.5 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