Otovo ASA (OTOVO.OL)

Net assets on the balance sheet as of September 2024 : $53.07 Million USD

According to Otovo ASA's latest financial reports the company has $53.07 Million USD 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	$$86.01 M	58.09%
2022-12-31	$$54.4 M	-8.09%
2021-12-31	$$59.19 M	201.75%
2020-12-31	$$19.61 M	-22.38%
2019-12-31	$$25.27 M	92.09%
2018-12-31	$$13.15 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