YOLFTbeta
Baltic Sea Properties AS

Baltic Sea Properties AS

BALT · OL · Real Estate / Real Estate Services

49.80NOK+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close49.80
Open49.80
Day Range49.80 – 49.80
52-Week Range41.71 – 52.38
Volume0
Market Cap428.36M
P/E (TTM)6.28
Forward P/E0.00
EPS7.90
Dividend Yield4.03%
Beta-0.06
50-Day Avg47.22
200-Day Avg47.78

About

Baltic Sea Properties AS engages in the acquisition, development, letting, and rental of investment properties in Lithuania. The company develops and invests in real estate in the logistics, industrial, and commercial segments. The company was founded in 2005 and is headquartered in Oslo, Norway.

Company Details

  • SectorReal Estate
  • IndustryReal Estate Services
  • CEOMr. Lars Christian Berger
  • Employees17
  • HeadquartersTollbugata 8A, Oslo, Norway, 0152, Norway
  • Websitehttps://www.balticsea.no

Leadership

  • Mr. James Andrew ClarkeCIO & Chairman
  • Mr. Lars Christian BergerChief Executive Officer
  • Espen AasFinancial Controller & Investor Relations
  • Mr. Gedminas KlimasTechnical Manager
  • Rita RindokieneAdministration Manager
  • Julija NikitaravicieneHead of Legal
  • Mr. Sigitas JautakisManaging Director of Vilnius
  • Inga MockuvieneChief Accountant of Lithuania
  • Regina IgnotieneChief Accountant of Klaipeda
  • Mr. Rolandas JonuskaManaging Director of Klaipeda

Financials

Income Statement

Currency: NOK2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue56.10M60.49M62.83M67.47M74.94M54.59M61.87M63.80M69.52M91.29M96.41M105.60M
Growth (%)-+7.82%+3.87%+7.38%+11.07%-27.15%+13.33%+3.12%+8.96%+31.31%+5.62%+9.53%
Cost of Revenue-22.53M4.05M--25.16M27.72M1.70M2.67M3.61M3.25M-
Gross Profit56.10M37.97M62.83M67.47M74.94M29.44M34.15M62.10M66.85M87.67M96.41M-
Gross Margin100.00%62.76%100.00%100.00%100.00%53.92%55.20%97.34%96.16%96.04%100.00%-
Operating Expense44.62M-1.94M35.85M71.26M31.87M15.33M17.75M40.40M4.01M17.83M-14.67M-
Operating Income11.49M39.91M26.98M-3.79M43.07M14.10M16.41M21.70M62.85M69.84M111.08M73.50M
Operating Margin20.47%65.98%42.95%-5.61%57.47%25.83%26.52%34.01%90.40%76.51%115.22%69.60%
EBITDA28.15M46.04M43.16M21.48M65.99M-8.93M42.78M44.72M45.81M64.80M103.46M98.18M
EBITDA Margin50.18%76.11%68.70%31.84%88.05%-16.36%69.14%70.10%65.90%70.98%107.31%92.98%
Net Income1.14M27.53M11.64M-7.19M-559.50K-40.80M14.80M28.96M46.98M28.97M55.33M45.82M
Net Income Margin2.03%45.52%18.52%-10.65%-0.75%-74.74%23.92%45.39%67.58%31.73%57.38%43.39%
R&D--0.260.170.010.810.321.430.8---
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%0.00%0.00%0.00%---
Interest Expense7.30M6.53M8.70M10.84M10.01M13.62M20.08M15.18M17.64M38.95M33.95M35.32M
Interest Expense % of Total Revenue13.02%10.79%13.85%16.06%13.35%24.95%32.46%23.80%25.38%42.67%35.21%33.44%

Balance Sheet

Currency: NOK2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets607.52M644.55M634.84M649.59M629.31M667.71M611.21M661.90M1.10B1.20B1.43B1.55B
Total Liabilities460.55M471.61M464.71M472.19M447.69M485.94M404.56M445.65M695.15M752.12M820.74M904.60M
Total Equity146.97M172.94M170.12M177.40M181.62M181.77M206.65M216.25M405.68M450.06M613.49M647.54M
Cash34.26M47.93M37.55M35.60M63.44M85.37M38.74M52.66M43.95M40.89M80.99M87.40M
Total Debt439.47M436.65M416.95M450.73M429.93M424.69M371.85M405.90M625.95M683.70M719.67M-
Net Debt405.21M388.72M379.39M415.14M366.49M339.32M333.11M353.23M581.99M642.81M638.68M661.22M

Cash Flow

Currency: NOK2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow21.55M73.10M-12.17K65.20M15.20M-11.58M40.70M61.86M66.78M82.31M79.84M
Investing Cash Flow-1.49M-46.78M-29.39M-16.54M-21.42M2.85M17.71M-211.63M-31.23M-95.53M-
Financing Cash Flow-6.39M-36.70M27.48M-20.81M28.09M-37.75M-42.86M142.16M-38.73M51.16M-
Capital Expenditure1.49M46.78M23.17M17.51M88.23M106.76M9.81M629.00K2.26M3.06M511.00K
Free Cash Flow20.06M26.33M-23.18M47.69M-73.02M-118.34M30.90M61.23M64.53M79.25M79.33M
Dividends Paid7.12M12.91M6.36M9.98M6.69M9.98M9.98M10.03M10.60M11.69M17.38M
FCF to OCF93.10%36.01%190524.65%73.15%-480.28%1022.07%75.91%98.98%96.62%96.28%99.36%
Dividend Paid to FCF35.50%49.04%-27.44%20.93%-9.16%-8.43%32.30%16.38%16.42%14.75%21.91%

Earnings

Report DateDec 31, 2017Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Dec 31, 2020Mar 31, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Jun 6, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate--------------------
EPS Actual-6.08-0.78-0.48-1.76-3.100.010.701.350.471.811.232.010.303.170.960.850.752.720.983.42
Surprise--------------------
Timing----------Pre-market---------

Key Statistics & Ratios

Market Cap428.36M
Enterprise Value1.12B
Trailing P/E6.28
Forward P/E0.00
Price / Sales4.25
Price / Book0.67
EPS7.90
Book Value73.62
Revenue (TTM)100.71M
Gross Profit (TTM)100.71M
EBITDA69.87M
Profit Margin67.90%
Operating Margin63.57%
Return on Equity10.92%
Return on Assets2.88%
Shares Outstanding8.64M
Shares Float7.60M
Beta-0.06
Dividend Yield4.03%
Dividend Rate2.00
Payout Ratio25.41%

Dividends

20261×
2.00May 28, 2026
20251×
2.00May 23, 2025
20241×
1.75Jun 6, 2024
20231×
1.60Jun 7, 2023
20221×
1.50Aug 2, 2022
20211×
1.50Jun 15, 2021
20191×
1.00Jan 25, 2019