Penneo A/S (PENNEO.CO)

Net assets on the balance sheet as of September 2024 : £8.7 Million

According to Penneo A/S's latest financial reports the company has £8.7 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Penneo A/S - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£10.93 M	-12.9%
2022-12-31	$£12.55 M	95.19%
2021-12-31	$£6.43 M	-7.85%
2020-12-31	$£6.98 M	581.88%
2019-12-31	$£1.02 M	39.64%
2018-12-31	$£0.73 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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Penneo A/S (PENNEO.CO) - Net assets