Baltic Sea Properties AS (BALT) - Total Assets
Based on the latest financial reports, Baltic Sea Properties AS (BALT) holds total assets worth Nkr1.50 Billion NOK (≈ $157.74 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check total reinvestment intensity of Baltic Sea Properties AS to assess the company's total reinvestment commitment from operating cash flow.
Baltic Sea Properties AS - Total Assets Trend (2014–2024)
This chart illustrates how Baltic Sea Properties AS's total assets have evolved over time, based on quarterly financial data. Check BALT operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Baltic Sea Properties AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Baltic Sea Properties AS's total assets of Nkr1.50 Billion consist of 6.0% current assets and 94.0% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr80.99 Million | 5.7% |
| Accounts Receivable | Nkr5.36 Million | 0.4% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr1.01 Million | 0.1% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Baltic Sea Properties AS's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Baltic Sea Properties AS (BALT) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Baltic Sea Properties AS's current assets represent 6.0% of total assets in 2024, a decrease from 7.4% in 2014.
- Cash Position: Cash and equivalents constituted 5.7% of total assets in 2024, up from 5.6% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is cash and equivalents at 5.7% of total assets.
Baltic Sea Properties AS Competitors by Total Assets
Key competitors of Baltic Sea Properties AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Plaza S.A
SN:MALLPLAZA
|
Chile | CL$7.71 Trillion |
|
Cencosud Shopping SA
SN:CENCOMALLS
|
Chile | CL$4.38 Trillion |
|
Kojamo
HE:KOJAMO
|
Finland | €7.68 Billion |
|
Olav Thon Eien
OL:OLT
|
Norway | Nkr65.69 Billion |
|
Wallenstam AB (publ)
ST:WALL-B
|
Sweden | Skr74.97 Billion |
|
Afi Properties Ltd
TA:AFPR
|
Israel | ILA23.60 Billion |
|
Argo Properties NV
TA:ARGO
|
Israel | ILA839.37 Million |
|
Deutsche EuroShop AG
F:DEQ
|
Germany | €4.60 Billion |
Baltic Sea Properties AS - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.88 | 1.90 | 0.32 |
| Quick Ratio | 1.88 | 1.90 | 0.32 |
| Cash Ratio | 0.00 | 1.80 | 0.00 |
| Working Capital | Nkr43.99 Million | Nkr41.19 Million | Nkr-150.95 Million |
Baltic Sea Properties AS - Advanced Valuation Insights
This section examines the relationship between Baltic Sea Properties AS's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.70 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 19.3% |
| Total Assets | Nkr1.43 Billion |
| Market Capitalization | $42.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Baltic Sea Properties AS's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Baltic Sea Properties AS's assets grew by 19.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Baltic Sea Properties AS (2014–2024)
The table below shows the annual total assets of Baltic Sea Properties AS from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.43 Billion ≈ $150.92 Million |
+19.30% |
| 2023-12-31 | Nkr1.20 Billion ≈ $126.50 Million |
+9.21% |
| 2022-12-31 | Nkr1.10 Billion ≈ $115.84 Million |
+66.31% |
| 2021-12-31 | Nkr661.90 Million ≈ $69.65 Million |
+8.29% |
| 2020-12-31 | Nkr611.21 Million ≈ $64.32 Million |
-8.46% |
| 2019-12-31 | Nkr667.71 Million ≈ $70.26 Million |
+6.10% |
| 2018-12-31 | Nkr629.31 Million ≈ $66.22 Million |
-3.12% |
| 2017-12-31 | Nkr649.59 Million ≈ $68.36 Million |
+2.32% |
| 2016-12-31 | Nkr634.84 Million ≈ $66.80 Million |
-1.51% |
| 2015-12-31 | Nkr644.55 Million ≈ $67.83 Million |
+6.09% |
| 2014-12-31 | Nkr607.52 Million ≈ $63.93 Million |
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About Baltic Sea Properties AS
Baltic Sea Properties AS engages in the acquisition, development, letting, and rental of investment properties in Lithuania. It develops and invests in real estate in the logistics, industrial, and commercial segments. Baltic Sea Properties AS was founded in 2005 and is headquartered in Oslo, Norway.