Black Sea Property AS Income Statement

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
Rental Revenue	5.2	7.08	4.13	0.52	-
Other Revenue	2.06	-	-	-	-
Total Revenue	7.26	7.08	4.13	0.52	-
Revenue Growth (YoY	2.57%	71.14%	699.61%	-	-
Depreciation & Amortization	9.83	8.4	3.54	0.42	-
Other Operating Expenses	5.28	4.3	4.88	5.09	3.05
Total Operating Expenses	15.11	12.7	8.41	5.51	3.05
Operating Income	-7.86	-5.62	-4.28	-4.99	-3.05
Interest Expense	-	-12.43	-16.96	-2.94	-3.41
Interest & Investment Income	-	-	-	-	0.05
Currency Exchange Gain (Loss)	-	-0.37	-0.34	7.95	-9.43
Other Non-Operating Income	-13.32	-0.38	-0.47	-0.12	-1.87
EBT Excluding Unusual Items	-21.18	-18.8	-22.05	-0.1	-17.71
Gain (Loss) on Sale of Investments	-	-	4.76	-	1.99
Asset Writedown	-101.56	-	-	-	-35.83
Pretax Income	-122.74	-18.8	-17.29	-0.1	-51.55
Income Tax Expense	-	-	-	1.32	-3.66
Earnings From Continuing Operations	-122.74	-18.8	-17.29	-1.42	-47.89
Minority Interest in Earnings	24.02	2.83	-0.12	1.44	37.82
Net Income	-98.72	-15.97	-17.41	0.03	-10.07
Net Income to Common	-98.72	-15.97	-17.41	0.03	-10.07
Basic Shares Outstanding	-	3	1	0	0
Diluted Shares Outstanding	-	3	1	0	0
Shares Change (YoY)	-	155.44%	152.76%	-	133.67%
EPS (Basic)	-	-6.36	-17.71	0.07	-25.90
EPS (Diluted)	-	-6.36	-17.71	0.07	-25.90
Operating Margin	-108.25%	-79.46%	-103.53%	-965.96%	-
Profit Margin	-1360.29%	-225.74%	-421.09%	5.42%	-
EBITDA	1.98	2.77	-0.74	-4.57	-
EBITDA Margin	27.23%	39.19%	-17.92%	-	-
D&A For Ebitda	9.83	8.4	3.54	0.42	-
EBIT	-7.86	-5.62	-4.28	-4.99	-3.05
EBIT Margin	-108.25%	-79.46%	-103.53%	-	-
Revenue as Reported	7.26	-	-	-	-