Black Sea Property 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
Cash & Equivalents	8.94	1.78	2.42	1.18	9.76
Cash & Short-Term Investments	8.94	1.78	2.42	1.18	9.76
Cash Growth	401.63%	-26.42%	105.43%	-87.92%	359.70%
Accounts Receivable	0.16	0.15	0.47	0.13	0.03
Other Receivables	2.61	1.49	2.77	0.48	1.33
Total Trade Receivables	2.77	1.64	3.24	0.61	1.36
Total Current Assets	11.71	3.43	5.66	1.79	11.12
Net Property, Plant & Equipment	245.83	353.48	304.47	243.7	199.97
Other Intangible Assets	0.1	0.15	0.13	0.16	0.14
Other Long-Term Assets	21.91	21.82	7.72	0.39	0.41
Total Assets	279.55	378.87	317.99	246.04	211.65
Accounts Payable	0.14	0.34	0.54	0.29	0.49
Accrued Expenses	0.15	0.02	0.03	0.01	0.02
Current Portion of Long-Term Debt	95.8	7.11	4.38	64.91	29.97
Other Current Liabilities	26.53	25.5	13.75	40.07	12.23
Total Current Liabilities	122.62	32.97	18.7	105.27	42.7
Long-Term Debt	108.6	114.52	73.56	1.98	30.27
Other Long-Term Liabilities	5.55	76.87	77.28	6.53	13.07
Total Long-Term Liabilities	114.15	191.39	150.84	8.51	43.33
Total Liabilities	236.77	224.36	169.54	113.78	86.03
Common Stock	23.09	13.09	24.58	9.72	9.72
Additional Paid-in Capital	249.98	250.13	239.97	234.38	234.38
Retained Earnings	-251.57	-153.51	-159.45	-152.02	-149.03
Total Common Shareholders' Equity	21.49	109.72	105.1	92.09	95.08
Minority Interest	21.28	44.8	43.34	40.18	30.54
Shareholders' Equity	42.78	154.51	148.45	132.26	125.62
Total Liabilities & Equity	279.55	378.87	317.99	246.04	211.65
Total Debt	204.4	121.64	77.95	66.89	60.24
Net Cash (Debt)	-195.46	-119.85	-75.52	-65.71	-50.47
Net Cash Per Share	-77.84	-47.73	-76.83	-168.96	-129.78
Book Value	21.49	109.72	105.1	92.09	95.08
Book Value Per Share	8.56	43.69	106.92	236.79	244.48
Tangible Book Value	21.4	109.57	104.97	91.93	94.94
Tangible Book Value Per Share	8.52	43.63	106.78	236.37	244.12