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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,390	1,456	1,346	1,151	1,041	774.22
Cash & Equivalents	82.43	87.45	80.99	40.89	44.08	52.79
Accounts Receivable	8.3	5.23	3.27	3.21	4.07	2.02
Other Receivables	3.37	0.32	1.85	3.09	0.96	0.41
Investment In Debt and Equity Securities	0.74	-	-	0.41	6.58	0.07
Other Intangible Assets	-	0.71	1.01	0.76	0.83	-
Other Current Assets	-	2.2	0.24	-	2.76	1.38
Trading Asset Securities	-	-	0.17	0.21	-	-
Other Long-Term Assets	0.15	0.15	2.51	2.39	0.14	0.01
Total Assets	1,485	1,552	1,436	1,202	1,101	830.91
Current Portion of Long-Term Debt	23.78	28.37	30.43	37.46	60.15	20.9
Current Portion of Leases	0.1	0.1	0.1	0.23	0.22	0.26
Long-Term Debt	697.85	720.25	657.06	616.96	541.66	373.57
Long-Term Leases	28.87	30.4	30.38	29.05	23.92	21.23
Accounts Payable	15.09	17.05	14.17	3.24	8.15	4.25
Accrued Expenses	-	6.03	5.98	6.41	5.2	3.05
Current Income Taxes Payable	0.75	-	-	-	2.13	3.07
Other Current Liabilities	18.69	19.06	17.68	10.26	10.81	8.58
Long-Term Deferred Tax Liabilities	80.68	83.34	65.28	48.52	42.77	33.87
Other Long-Term Liabilities	-	-	0	-0	0.13	-
Total Liabilities	865.81	904.6	821.09	752.12	695.15	483.42
Common Stock	0.87	0.87	0.87	0.67	0.67	0.67
Additional Paid-In Capital	214.02	214.03	214.03	118.79	118.79	118.79
Retained Earnings	404.53	432.64	400.44	330.61	286.23	228.03
Treasury Stock	-	-0	-0	-0	-	-
Comprehensive Income & Other	-0	-	-	-	-0	-0
Shareholders' Equity	619.42	647.54	615.34	450.06	405.68	347.49
Total Liabilities & Equity	1,485	1,552	1,436	1,202	1,101	830.91
Total Debt	750.6	779.12	717.98	683.7	625.95	430.62
Net Cash (Debt)	-668.17	-691.67	-636.81	-642.6	-581.87	-377.83
Net Cash Per Share	-76.49	-79.59	-73.30	-96.23	-87.13	-56.62
Filing Date Shares Outstanding	8.48	8.69	8.69	6.68	6.68	6.67
Total Common Shares Outstanding	8.48	8.69	8.69	6.68	6.68	6.67
Book Value Per Share	73.05	74.51	70.83	67.38	60.75	52.07
Tangible Book Value	619.42	646.82	614.33	449.31	404.85	347.49
Tangible Book Value Per Share	73.05	74.43	70.71	67.27	60.63	52.07

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.