Frontline Ltd (FRO) — Net Asset Quality Index
Frontline Ltd (FRO) has a Net Asset Quality Index of 50.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Nkr5.67 Billion minus total liabilities of Nkr2.82 Billion yields net assets of Nkr2.84 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read FRO liabilities breakdown for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Frontline Ltd Net Asset Quality Index Over Time (1993–2025)
This chart shows how Frontline Ltd's Net Asset Quality Index has evolved across 33 annual periods from 1993 to 2025. As of March 2026, the index stands at 50.1%, representing net assets of Nkr2.84 Billion against total assets of Nkr5.67 Billion NOK. For live market cap and overall valuation, see FRO market cap overview.
Annual Net Asset Quality Index for Frontline Ltd (1993–2025)
The table below presents the year-by-year Net Asset Quality Index for Frontline Ltd from 1993 to 2025, covering 33 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 Frontline Ltd (FRO) strategic investment index to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (NOK) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 43.6% | Nkr2.51 Billion | Nkr5.75 Billion | Nkr3.24 Billion | ▲ +6.0 pp |
| 2024 | 37.6% | Nkr2.34 Billion | Nkr6.22 Billion | Nkr3.88 Billion | ▼ -1.1 pp |
| 2023 | 38.7% | Nkr2.28 Billion | Nkr5.88 Billion | Nkr3.61 Billion | ▼ -8.8 pp |
| 2022 | 47.5% | Nkr2.27 Billion | Nkr4.78 Billion | Nkr2.51 Billion | ▲ +7.3 pp |
| 2021 | 40.1% | Nkr1.65 Billion | Nkr4.12 Billion | Nkr2.46 Billion | ▼ -1.0 pp |
| 2020 | 41.1% | Nkr1.61 Billion | Nkr3.92 Billion | Nkr2.31 Billion | ▲ +0.3 pp |
| 2019 | 40.8% | Nkr1.51 Billion | Nkr3.70 Billion | Nkr2.19 Billion | ▲ +3.0 pp |
| 2018 | 37.8% | Nkr1.16 Billion | Nkr3.08 Billion | Nkr1.91 Billion | ▼ -0.1 pp |
| 2017 | 37.9% | Nkr1.19 Billion | Nkr3.13 Billion | Nkr1.95 Billion | ▼ -12.7 pp |
| 2016 | 50.6% | Nkr1.50 Billion | Nkr2.97 Billion | Nkr1.47 Billion | ▲ +0.5 pp |
| 2015 | 50.1% | Nkr1.45 Billion | Nkr2.89 Billion | Nkr1.44 Billion | ▲ +57.4 pp |
| 2014 | -7.3% | Nkr-70.65 Million | Nkr962.18 Million | Nkr1.03 Billion | ▼ -6.0 pp |
| 2013 | -1.3% | Nkr-18.05 Million | Nkr1.37 Billion | Nkr1.39 Billion | ▼ -9.1 pp |
| 2012 | 7.8% | Nkr131.15 Million | Nkr1.69 Billion | Nkr1.56 Billion | ▼ -3.8 pp |
| 2011 | 11.6% | Nkr213.48 Million | Nkr1.84 Billion | Nkr1.63 Billion | ▼ -8.4 pp |
| 2010 | 20.0% | Nkr759.04 Million | Nkr3.80 Billion | Nkr3.04 Billion | ▼ -0.2 pp |
| 2009 | 20.2% | Nkr750.75 Million | Nkr3.72 Billion | Nkr2.96 Billion | ▲ +2.6 pp |
| 2008 | 17.6% | Nkr708.85 Million | Nkr4.03 Billion | Nkr3.32 Billion | ▲ +5.7 pp |
| 2007 | 11.9% | Nkr445.97 Million | Nkr3.76 Billion | Nkr3.32 Billion | ▼ -14.5 pp |
| 2006 | 26.4% | Nkr1.21 Billion | Nkr4.59 Billion | Nkr3.38 Billion | ▲ +0.4 pp |
| 2005 | 26.0% | Nkr1.19 Billion | Nkr4.57 Billion | Nkr3.38 Billion | ▼ -2.8 pp |
| 2004 | 28.7% | Nkr1.25 Billion | Nkr4.34 Billion | Nkr3.09 Billion | ▲ +0.6 pp |
| 2003 | 28.1% | Nkr1.26 Billion | Nkr4.46 Billion | Nkr3.21 Billion | ▼ -12.3 pp |
| 2002 | 40.4% | Nkr1.23 Billion | Nkr3.03 Billion | Nkr1.81 Billion | ▼ -1.1 pp |
| 2001 | 41.5% | Nkr1.26 Billion | Nkr3.03 Billion | Nkr1.77 Billion | ▲ +4.3 pp |
| 2000 | 37.2% | Nkr1.04 Billion | Nkr2.78 Billion | Nkr1.75 Billion | ▲ +2.8 pp |
| 1999 | 34.5% | Nkr595.20 Million | Nkr1.73 Billion | Nkr1.13 Billion | ▲ +1.3 pp |
| 1998 | 33.2% | Nkr457.68 Million | Nkr1.38 Billion | Nkr921.84 Million | ▼ -39.6 pp |
| 1997 | 72.8% | Nkr125.40 Million | Nkr172.20 Million | Nkr46.80 Million | ▲ +22.0 pp |
| 1996 | 50.8% | Nkr119.40 Million | Nkr234.90 Million | Nkr115.50 Million | ▲ +2.3 pp |
| 1995 | 48.6% | Nkr117.50 Million | Nkr242.00 Million | Nkr124.50 Million | ▼ -16.4 pp |
| 1994 | 64.9% | Nkr116.00 Million | Nkr178.70 Million | Nkr62.70 Million | ▲ +4.6 pp |
| 1993 | 60.3% | Nkr108.50 Million | Nkr179.90 Million | Nkr71.40 Million | — |