Baltic Sea Properties AS Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property, Plant & Equipment	1,457	1,346	1,151	1,041	774.22
Cash & Equivalents	87.45	80.99	40.89	44.08	52.79
Accounts Receivable	5.23	3.27	3.21	4.07	2.02
Other Receivables	2.52	-0.15	3.09	0.96	0.41
Investment In Debt and Equity Securities	-	-	0.41	6.58	0.07
Other Intangible Assets	-	1.01	0.76	0.83	-
Other Current Assets	-	2.24	-	2.76	1.38
Trading Asset Securities	-	0.17	0.21	-	-
Other Long-Term Assets	0.15	2.51	2.39	0.14	0.01
Total Assets	1,552	1,436	1,202	1,101	830.91
Current Portion of Long-Term Debt	28.37	30.43	37.46	60.15	20.9
Current Portion of Leases	0.1	0.1	0.23	0.22	0.26
Long-Term Debt	720.25	657.06	616.96	541.66	373.57
Long-Term Leases	30.4	30.38	29.05	23.92	21.23
Accounts Payable	17.05	14.17	3.24	8.15	4.25
Accrued Expenses	-	5.98	6.41	5.2	3.05
Current Income Taxes Payable	-	-	-	2.13	3.07
Other Current Liabilities	25.08	17.68	10.26	10.81	8.58
Long-Term Deferred Tax Liabilities	83.34	65.28	48.52	42.77	33.87
Other Long-Term Liabilities	-	0	-0	0.13	-
Total Liabilities	904.6	821.09	752.12	695.15	483.42
Common Stock	0.87	0.87	0.67	0.67	0.67
Additional Paid-In Capital	214.03	214.03	118.79	118.79	118.79
Retained Earnings	432.64	400.44	330.61	286.23	228.03
Comprehensive Income & Other	-0	-0	-0	-0	-0
Shareholders' Equity	647.54	615.34	450.06	405.68	347.49
Total Liabilities & Equity	1,552	1,436	1,202	1,101	830.91
Total Debt	779.12	717.98	683.7	625.95	430.62
Net Cash (Debt)	-691.67	-636.81	-642.6	-581.87	-377.83
Net Cash Per Share	-80.01	-73.30	-96.23	-87.13	-56.62
Filing Date Shares Outstanding	8.69	8.69	6.68	6.68	6.67
Total Common Shares Outstanding	8.69	8.69	6.68	6.68	6.67
Book Value Per Share	74.50	70.83	67.38	60.75	52.07
Tangible Book Value	647.54	614.33	449.31	404.85	347.49
Tangible Book Value Per Share	74.50	70.71	67.27	60.63	52.07

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.