Black Sea Property A/S
Black Sea Property AS engages in the operation of holiday resort under the Aheloy Beach Resort name in Bulgaria. It is also involved in real estate investment; and property development and rental businesses. The company was founded in 2015 and is based in Oslo, Norway.
Black Sea Property A/S (BSP) - Total Assets
Latest total assets as of June 2025: Nkr393.76 Million NOK
Based on the latest financial reports, Black Sea Property A/S (BSP) holds total assets worth Nkr393.76 Million NOK as of June 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.
Black Sea Property A/S - Total Assets Trend (2015–2024)
This chart illustrates how Black Sea Property A/S’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Black Sea Property A/S - Asset Composition Analysis
Current Asset Composition (December 2024)
Black Sea Property A/S's total assets of Nkr393.76 Million consist of 0.9% current assets and 99.1% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 0.5% |
| Accounts Receivable | Nkr1.64 Million | 0.4% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr151.00K | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Black Sea Property A/S'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Black Sea Property A/S's current assets represent 0.9% of total assets in 2024, a decrease from 16.5% in 2015.
- Cash Position: Cash and equivalents constituted 0.5% of total assets in 2024, down from 16.5% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Black Sea Property A/S Competitors by Total Assets
Key competitors of Black Sea Property A/S based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mandarin Hotel Public Company Limited
BK:MANRIN
|
Thailand | ฿669.48 Million |
|
ShenZhen Zero-Seven Co Ltd
SHE:000007
|
China | CN¥370.54 Million |
|
Shenzhen Overseas Chinese Town Co Ltd
SHE:000069
|
China | CN¥305.71 Billion |
|
Huatian Hotel Group Co Ltd
SHE:000428
|
China | CN¥4.50 Billion |
|
Zhang Jia Jie Tourism Group Co Ltd
SHE:000430
|
China | CN¥2.10 Billion |
|
XiAn Tourism Co Ltd
SHE:000610
|
China | CN¥1.96 Billion |
|
Guilin Tourism Corp Ltd
SHE:000978
|
China | CN¥2.28 Billion |
|
LiJiang YuLong Tourism Co Ltd
SHE:002033
|
China | CN¥3.12 Billion |
Black Sea Property A/S - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Black Sea Property A/S generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Black Sea Property A/S is currently not profitable relative to its asset base.
Black Sea Property A/S - 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 | 0.10 | 0.30 | 0.66 |
| Quick Ratio | 0.10 | 0.30 | 1.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr-29.55 Million | Nkr -13.04 Million | Nkr -9.11 Million |
Black Sea Property A/S - Advanced Valuation Insights
This section examines the relationship between Black Sea Property A/S'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 | 0.17 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 19.1% |
| Total Assets | Nkr378.87 Million |
| Market Capitalization | $471.18K USD |
Valuation Analysis
Below Book Valuation: The market values Black Sea Property A/S's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Black Sea Property A/S's assets grew by 19.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Black Sea Property A/S (2015–2024)
The table below shows the annual total assets of Black Sea Property A/S from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr378.87 Million | +19.15% |
| 2023-12-31 | Nkr317.99 Million | +29.24% |
| 2022-12-31 | Nkr246.04 Million | +16.25% |
| 2021-12-31 | Nkr211.65 Million | -12.91% |
| 2020-12-31 | Nkr243.02 Million | -0.91% |
| 2019-12-31 | Nkr245.26 Million | +12.84% |
| 2018-12-31 | Nkr217.36 Million | -0.63% |
| 2017-12-31 | Nkr218.73 Million | +22.83% |
| 2016-12-31 | Nkr178.08 Million | +15.83% |
| 2015-12-31 | Nkr153.74 Million | -- |