FREYR Battery SA (FREY) - Total Assets
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. Explore FREY cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
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. See FREYR Battery SA shareholders equity for net asset value and shareholders' equity analysis.
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. For live market cap, price, and company overview, see market cap of FREYR Battery SA.
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 |
|---|---|---|
|
Wolong Electric Group Co Ltd
SHG:600580
|
China | CN¥25.17 Billion |
|
Ecopro BM. Co. Ltd
KQ:247540
|
Korea | ₩4.62 Trillion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
China | CN¥2.74 Billion |
|
China Southern Power Grid Technology Co Ltd
SHG:688248
|
China | CN¥4.81 Billion |
|
Beijing Easpring Material Tech
SHE:300073
|
China | CN¥20.31 Billion |
|
Shenzhen Honor Electronic Co Ltd
SHE:300870
|
China | CN¥5.61 Billion |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
|
China | CN¥3.90 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
China | CN¥2.09 Billion |
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 | 0.14 |
| Asset Growth Rate (YoY) | 82.4% |
| Total Assets | $1.34 Billion |
| Market Capitalization | $186.85 Million USD |
Valuation Analysis
Below Book Valuation: The market values FREYR Battery SA's assets below their book value (0.14x), 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 | -- |
About 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.