BALTIC SEA PROPERTIES AS

0152 OSLO

Finances

Return on Equity

11,58 %

Current Ratio

0,6

Debt-to-Equity Ratio

1,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 911 000	68 373 000	63 394 000	55 035 000
Net Income	46 979 000	28 962 000	14 800 000	−40 805 000
Total Assets	1 100 831 000	661 899 000	611 211 000	667 707 000
Total Equity	405 682 000	216 251 000	206 649 000	181 766 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 911 000	68 373 000	63 394 000	55 035 000
Expenditure	25 064 000	32 740 000	20 140 000	77 735 000
Operating Profit	62 847 000	35 632 000	43 253 000	−22 701 000
Financial Income	11 732 000	12 786 000	842 000	2 049 000
Financial Costs	18 387 000	18 261 000	23 665 000	23 705 000
Financial Balance	−6 655 000	−5 475 000	−22 823 000	−21 656 000
Earnings Before Tax	56 192 000	30 157 000	20 430 000	−44 356 000
Tax	9 213 000	1 196 000	5 630 000	−3 552 000
Net Income	46 979 000	28 962 000	14 800 000	−40 805 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 048 951 000	605 301 000	570 446 000	569 819 000
Total Current Assets	51 880 000	56 599 000	40 765 000	97 888 000
Total Assets	1 100 831 000	661 899 000	611 211 000	667 707 000
Total Retained Equity	286 226 000	96 796 000	87 194 000	62 311 000
Total Equity	405 682 000	216 251 000	206 649 000	181 766 000
Total Long-Term Debt	608 484 000	391 149 000	157 597 000	208 917 000
Total Current Debt	86 665 000	54 499 000	246 966 000	277 024 000
Total Equity and Debt	1 100 831 000	661 899 000	611 211 000	667 707 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 521 000	63 803 000	61 871 000	0
Other Income	18 390 000	4 570 000	1 523 000	55 035 000
Revenue	87 911 000	68 373 000	63 394 000	55 035 000
Cost of Goods Sold	0	0	0	0
Salary Costs	13 056 000	12 262 000	9 141 000	5 678 000
Depreciation	219 000	22 551 000	26 374 000	21 803 000
Impairment	0	−7 487 000	5 747 000	38 260 000
Expenditure	25 064 000	32 740 000	20 140 000	77 735 000
Operating Profit	62 847 000	35 632 000	43 253 000	−22 701 000
Financial Income	11 732 000	12 786 000	842 000	2 049 000
Financial Costs	18 387 000	18 261 000	23 665 000	23 705 000
Financial Balance	−6 655 000	−5 475 000	−22 823 000	−21 656 000
Dividends	0	0	0	0
Net Income	46 979 000	28 962 000	14 800 000	−40 805 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 040 509 000	605 287 000	567 332 000	566 458 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 727 000	0	0	154 000
Total Tangible Assets	1 042 236 000	605 287 000	567 332 000	566 612 000
Total Fiancial Fixed Assets	6 715 000	14 000	3 114 000	3 207 000
Total Fixed Assets	1 048 951 000	605 301 000	570 446 000	569 819 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 083 000	52 791 000	38 888 000	85 367 000
Total Current Assets	51 880 000	56 599 000	40 765 000	97 888 000
Total Assets	1 100 831 000	661 899 000	611 211 000	667 707 000
Total Equity	405 682 000	216 251 000	206 649 000	181 766 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	608 484 000	391 149 000	157 597 000	208 917 000
Creditors	8 149 000	4 251 000	3 237 000	12 489 000
Unpaid Taxes	0	1 720 000	2 210 000	3 889 000
Dividends	0	0	0	0
Other Current Debt	16 234 000	24 557 000	61 453 000	41 851 000
Total Current Debt	86 665 000	54 499 000	246 966 000	277 024 000
Total Equity and Debt	1 100 831 000	661 899 000	611 211 000	667 707 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,58 %	13,39 %	7,16 %	−22,45 %
Debt-to-Equity Ratio	1,5	1,81	0,76	1,15
Operating Profit Margin	71,49 %	52,11 %	68,23 %	−41,25 %
Current Ratio	0,6	1,04	0,17	0,35
Quick Ratio	0,6	1,04	0,17	0,35
Equity Ratio	0,37	0,33	0,34	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %