Riskpilot← Back to searchSign inGet full accessBALTIC SEA PROPERTIES AS
ASActiveOrg 988691771Tollbugata 8A, 0152 OsloActivities of financing conduits · NACE 6422Est. 20052 employeesbalticsea.no
Revenue 2024
NOK 5M
-1% vs 2023
EBITDA margin
-71.9%
-55% vs 2023
Equity ratio
82.4%
Financial strength
Net profit 2024
NOK 7,4M
-47% vs 2023
| Revenue | NOK 5M | -1% |
| EBITDA | NOK -3,6M | -55% |
| Net profit | NOK 7,4M | -47% |
| Total assets | NOK 293,3M | +45% |
| Equity | NOK 241,7M | +61% |
| Employees | 2 | — |
Legal name
BALTIC SEA PROPERTIES AS
Org number
988691771
Legal form
Aksjeselskap
NACE code
6422 · Activities of financing conduits
Founded
14. oktober 2005
Share capital
NOK 869 607
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Investere i, utvikle, leie ut og drive samt realisere eiendommer i europa, enten for direkte eller indirekte gjennom andre selskaper, og alt som står i forbindelse med dette.
Address
Tollbugata 8A, 0152 Oslo
Website
balticsea.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 486 | 2 793 | 4 707 | 5 008 | 4 980 |
| Staff expenses | −3 685 | −4 262 | −4 565 | −4 614 | −4 743 |
| EBITDA | −5 231 | −3 733 | −2 584 | −2 310 | −3 579 |
| Depreciation & amort. | −0 | −16 | −55 | −192 | −255 |
| EBIT | −5 231 | −3 749 | −2 639 | −2 501 | −3 833 |
| Net financials | 12 236 | 13 965 | 9 564 | 16 544 | 11 225 |
| Profit before tax | 7 005 | 10 216 | 6 925 | 14 043 | 7 392 |
| Tax | −0 | −0 | −0 | −0 | −0 |
| Net profit | 7 005 | 10 216 | 6 925 | 14 043 | 7 392 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 232 540 | 216 180 | 169 984 | 202 245 | 293 281 |
| Equity | 149 521 | 150 021 | 147 144 | 150 605 | 241 749 |
| Long-term debt | 28 247 | 50 466 | 21 831 | 50 118 | 50 119 |
| Short-term debt | 54 771 | 15 693 | 1 008 | 1 522 | 1 413 |
| Total debt | 83 019 | 66 159 | 22 840 | 51 640 | 51 532 |
EBITDA margin
-71.9%
This company
15.8%
Market median
-555% vs market
20202024
Equity ratio
82.4%
This company
38.2%
Market median
+116% vs market
20202024
Return on equity
3.1%
This company
18.4%
Market median
-83% vs market
20202024
Net profit margin
148.4%
This company
8.1%
Market median
+1732% vs market
20202024
Asset turnover
0.02×
This company
1.12×
Market median
-98% vs market
20202024
Debt / equity
0.21×
This company
0.62×
Market median
+66% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
LC Chief Executive Officer | Chief Executive Officer | 2017 |
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
| Board of Directors | 2021 | |
| Board of Directors | 2024 | |
| Board of Directors | 2021 | |
| Chairman | 2021 | |
| Former (1) | ||
| Board of Directors | 2021 – 2025 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Ab Seb Bankas | Company | 38.47% | 38.47% | 2024 |
| Individual | 27.39% | 27.39% | 2022 | |
| Company | 12.63% | 12.63% | 2024 | |
| Company | 5.63% | 5.63% | 2023 | |
| Company | 4.83% | 4.83% | 2024 | |
| Company | 3.02% | 3.02% | 2024 | |
| Company | 2.87% | 2.87% | 2024 | |
| Company | 2.59% | 2.59% | 2024 | |
| Company | 2.22% | 2.22% | 2024 | |
| Company | 1.9% | 1.9% | 2024 | |
| Company | 1.19% | 1.19% | 2024 | |
| Individual | 1.15% | 1.15% | 2024 | |
| Company | 1.05% | 1.05% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of BALTIC SEA PROPERTIES AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Lars Christian Berger | Chief Executive Officer | 0 companies |
| John David Mosvold | Board of Directors | 0 companies |
| Henrik Austgulen | Board of Directors | 0 companies |
| John Afseth | Board of Directors | 0 companies |
| Bjørn Bjøro | Board of Directors | 0 companies |
| James Andrew Clarke | Chairman | 0 companies |