FREYR Battery SA
FREYR Battery, Inc. provides battery solutions in the United States, Norway, and internationally. The company develops battery cell manufacturing facilities. It serves its products to energy storage systems and commercial mobility, including marine applications and commercial vehicles markets. The company is headquartered in Austin, Texas.
FREYR Battery SA (FREY) - Total Assets
Latest total assets as of March 2025: $1.43 Billion USD
Based on the latest financial reports, FREYR Battery SA (FREY) holds total assets worth $1.43 Billion USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
FREYR Battery SA - Total Assets Trend (2019–2024)
This chart illustrates how FREYR Battery SA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
FREYR Battery SA - Asset Composition Analysis
Current Asset Composition (December 2024)
FREYR Battery SA's total assets of $1.43 Billion consist of 43.7% current assets and 56.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.4% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $274.55 Million | 20.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $281.88 Million | 21.1% |
| Goodwill | $74.53 Million | 5.6% |
Asset Composition Trend (2019–2024)
This chart illustrates how FREYR Battery SA's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: FREYR Battery SA's current assets represent 43.7% of total assets in 2024, an increase from 0.8% in 2019.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2024, up from 0.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 26.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 21.1% of total assets.
FREYR Battery SA Competitors by Total Assets
Key competitors of FREYR Battery SA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
FREYR Battery SA - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - FREYR Battery SA generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - FREYR Battery SA is currently not profitable relative to its asset base.
FREYR Battery SA - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.27 | 6.70 | 0.15 |
| Quick Ratio | 0.60 | 6.70 | 0.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $133.57 Million | $ 228.13 Million | $ -8.63 Million |
FREYR Battery SA - Advanced Valuation Insights
This section examines the relationship between FREYR Battery SA's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.06 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 82.4% |
| Total Assets | $1.34 Billion |
| Market Capitalization | $106.78 Million USD |
Valuation Analysis
Below Book Valuation: The market values FREYR Battery SA's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: FREYR Battery SA's assets grew by 82.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for FREYR Battery SA (2019–2024)
The table below shows the annual total assets of FREYR Battery SA from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.34 Billion | +82.45% |
| 2023-12-31 | $732.18 Million | -11.54% |
| 2022-12-31 | $827.70 Million | +32.00% |
| 2021-12-31 | $627.03 Million | +3835.93% |
| 2020-12-31 | $15.93 Million | -94.51% |
| 2019-12-31 | $290.23 Million | -- |