Fortinova Fastigheter AB (FNOVA-B.ST)

Net assets on the balance sheet as of June 2024 : HK$1.62 Billion

According to Fortinova Fastigheter AB's latest financial reports the company has HK$1.62 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortinova Fastigheter AB - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.66 B
2021-08-31	$HK$2.03 B	89.49%
2020-08-31	$HK$1.07 B	90.26%
2019-08-31	$HK$0.56 B	18.78%
2018-08-31	$HK$0.47 B

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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Fortinova Fastigheter AB (FNOVA-B.ST) - Net assets