Baltic Sea Properties AS Balance Sheet

Financials in millions NOK. Fiscal year is January - December.

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Property, Plant & Equipment	1,403	1,346	1,151	1,041	774.22	509.39
Cash & Equivalents	86.7	80.99	40.89	44.08	52.79	38.74
Accounts Receivable	6.87	3.27	3.21	4.07	2.02	0.41
Other Receivables	0.25	-0.15	3.09	0.96	0.41	1.3
Investment In Debt and Equity Securities	-	0.17	0.63	6.58	0.07	3.11
Other Intangible Assets	-	1.01	0.76	0.83	-	-
Restricted Cash	-	-	-	-	-	0.15
Other Current Assets	-	2.24	-	2.76	1.38	0.16
Other Long-Term Assets	2.5	2.51	2.39	0.14	0.01	57.94
Total Assets	1,499	1,436	1,202	1,101	830.91	611.21
Current Portion of Long-Term Debt	8.11	30.43	37.46	60.15	20.9	174.98
Current Portion of Leases	0.1	0.1	0.23	0.22	0.26	-
Long-Term Debt	725.61	657.06	616.96	541.66	373.57	143.26
Long-Term Leases	30.7	30.38	29.05	23.92	21.23	-
Accounts Payable	24.08	14.17	3.24	8.15	4.25	3.24
Accrued Expenses	-	5.98	6.41	5.2	3.05	2.85
Current Income Taxes Payable	-	-	-	2.13	3.07	5.08
Other Current Liabilities	17.54	17.68	10.26	10.81	8.58	7.21
Long-Term Deferred Tax Liabilities	75.46	65.28	48.52	42.77	33.87	6.25
Other Long-Term Liabilities	-	0	-0	0.13	-	8.08
Total Liabilities	881.6	821.09	752.12	695.15	483.42	404.56
Common Stock	0.87	0.87	0.67	0.67	0.67	0.67
Additional Paid-In Capital	214.03	214.03	118.79	118.79	118.79	118.79
Retained Earnings	402.52	400.44	330.61	286.23	228.03	87.19
Treasury Stock	-	-	-	-	-	-0
Comprehensive Income & Other	-	-0	-0	-0	-0	0
Shareholders' Equity	617.42	615.34	450.06	405.68	347.49	206.65
Total Liabilities & Equity	1,499	1,436	1,202	1,101	830.91	611.21
Total Debt	764.52	717.98	683.7	625.95	430.62	371.85
Net Cash (Debt)	-677.81	-636.99	-642.81	-581.87	-377.83	-333.11
Net Cash Per Share	-76.52	-73.32	-96.26	-87.13	-56.62	-49.96
Filing Date Shares Outstanding	8.69	8.69	6.68	6.68	6.67	6.67
Total Common Shares Outstanding	8.69	8.69	6.68	6.68	6.67	6.67
Book Value Per Share	71.03	70.83	67.38	60.75	52.07	30.99
Tangible Book Value	617.42	614.33	449.31	404.85	347.49	206.65
Tangible Book Value Per Share	71.03	70.71	67.27	60.63	52.07	30.99

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.