FREYR Battery SA (FREY) — Net Asset Quality Index
FREYR Battery SA (FREY) has a Net Asset Quality Index of 17.5% as of March 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.43 Billion minus total liabilities of $1.18 Billion yields net assets of $251.21 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read FREYR Battery SA (FREY) financial obligations for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
FREYR Battery SA Net Asset Quality Index Over Time (2019–2024)
This chart shows how FREYR Battery SA's Net Asset Quality Index has evolved across 6 annual periods from 2019 to 2024. As of March 2025, the index stands at 17.5%, representing net assets of $251.21 Million against total assets of $1.43 Billion USD. For live market cap and overall valuation, see FREYR Battery SA market cap and net worth.
Annual Net Asset Quality Index for FREYR Battery SA (2019–2024)
The table below presents the year-by-year Net Asset Quality Index for FREYR Battery SA from 2019 to 2024, covering 6 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check FREYR Battery SA PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 14.1% | $188.76 Million | $1.34 Billion | $1.15 Billion | ▼ -72.6 pp |
| 2023 | 86.7% | $634.72 Million | $732.18 Million | $97.47 Million | ▼ -0.3 pp |
| 2022 | 87.0% | $720.13 Million | $827.70 Million | $107.57 Million | ▲ +0.0 pp |
| 2021 | 87.0% | $545.49 Million | $627.03 Million | $81.55 Million | ▲ +55.9 pp |
| 2020 | 31.1% | $4.96 Million | $15.93 Million | $10.97 Million | ▼ -65.4 pp |
| 2019 | 96.5% | $280.16 Million | $290.23 Million | $10.07 Million | — |