Otovo ASA (OTOVO.OL)

Net assets on the balance sheet as of December 2023 : HK$0.67 B

According to Otovo ASA's latest financial reports the company has HK$0.67 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	$HK$0.67 B	58.03%
2022-12-31	$HK$0.42 B	-7.9%
2021-12-31	$HK$0.46 B	203.46%
2020-12-31	$HK$0.15 B	-22.73%
2019-12-31	$HK$0.19 B	91.06%
2018-12-31	$HK$0.10 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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Otovo ASA (OTOVO.OL) - Net assets