Norva24 Group AB (NORVA.ST)

Net assets on the balance sheet as of June 2024 : NZ$0.34 Billion

According to Norva24 Group AB's latest financial reports the company has NZ$0.34 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Norva24 Group AB - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.32 B	15.54%
2022-12-31	$NZ$0.27 B	3.5%
2021-12-31	$NZ$0.26 B	141.01%
2020-12-31	$NZ$0.11 B	23.77%
2019-12-31	$NZ$90.3 M	62.8%
2018-12-31	$NZ$55.47 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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Norva24 Group AB (NORVA.ST) - Net assets