BALTIC SEA PROPERTIES AS

A Leading Real Estate Company In The Baltics | Baltic Sea Properties

Your gateway to the Baltics, offering sustainable, flexible real estate solutions. Let's start a new project? We're here to help you.

Organization

CEO: LC
Lars Christian Berger1986
Chairman of the board: JA
James Andrew Clarke1977
Years since formation: 20 years; since Oct 14, 2005
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 8,696,077; 1 share class
Total number of shareholders: 181; 54 companies, 127 persons

Financials

Total operating income 2024: 4,979,792; NOK
Annual total result 2024: 7,391,954; NOK
Total equity 2024: 241,748,903; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
LC Lars Christian Berger 1986	Managing Director/CEO	-

Board

Name	Role	Shares
JA James Andrew Clarke 1977	Chairman	-
JD John David Mosvold 1959	Board Member	-
BB Bjørn Bjøro 1948	Board Member	-
HA Henrik Austgulen 1981	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
A AIDER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
SP Sigurd Persson 1968	-	4.83 % indirectly
OR Odd Rune Austgulen 1952	-	3.02 % indirectly
TE Tom Erling Aamodt 1961	-	2.87 % indirectly
AS Arne Sunde 1949	-	2.22 % indirectly
ØL Øivind Larsen 1953	-	2.07 % indirectly
OH Olav Hjorteset 1934	-	1.72 % directly 0.67 % indirectly 1.05 %
PF Pascal Frederic Dupuy 1965	-	1.25 % directly 0.66 % indirectly 0.58 %
DH Dag Haakon Lilleby 1955	-	1.15 % directly

Last update: Jun 24, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
SB Seb Bankas Ab	NO0010810476	3,345,351	38.47 %
M METODISTKIRKEN I NORGE, METODISTKIRKEN I OSLO	NO0010810476	1,098,260	12.63 %
N NESTOR AS	NO0010810476	419,713	4.83 %
A AURIS AS	NO0010810476	262,384	3.02 %
T TRIVON AS	NO0010810476	250,000	2.87 %
P PIPPI INVEST AS	NO0010810476	225,000	2.59 %
G GAMBIT AS	NO0010810476	193,204	2.22 %
E EIENDOMSKAPITAL NORGE V AS	NO0010810476	165,560	1.9 %
P PASCAL HOLDING AS	NO0010810476	103,703	1.19 %
DH Dag Haakon Lilleby 1955	NO0010810476	100,000	1.15 %
O OLAV HJORTESET AS	NO0010810476	91,481	1.05 %
R RIEVE KAPITAL AS	NO0010810476	86,838	1 %
B BRØDRENE HJORTESET AS	NO0010810476	64,823	0.75 %
T THOCA INVEST AS	NO0010810476	60,000	0.69 %
TA Tore Andersen-Gott 1955	NO0010810476	59,139	0.68 %
OH Olav Hjorteset 1934	NO0010810476	58,519	0.67 %
PF Pascal Frederic Dupuy 1965	NO0010810476	57,658	0.66 %
BM Berit Myhre Dupuy 1965	NO0010810476	57,657	0.66 %
NA Nicolai Andreas Eger 1954	NO0010810476	56,600	0.65 %
B BONAVISTA AS	NO0010810476	52,628	0.61 %
J JED INVEST AS	NO0010810476	46,000	0.53 %
AO Alf Oppøyen 1955	NO0010810476	40,000	0.46 %
A ATRYG AS	NO0010810476	39,487	0.45 %
S SOLENGEN HOLDING AS	NO0010810476	37,845	0.44 %
OA Olaf Asbjørn Flåten 1944	NO0010810476	37,672	0.43 %
HH Henning Hysing 1951	NO0010810476	37,037	0.43 %
O OTTO HOLMEN AS	NO0010810476	34,314	0.39 %
JB Jens Bang 1956	NO0010810476	33,518	0.39 %
BP Bjørn Petter Benterud 1969	NO0010810476	33,320	0.38 %
H HOLSTEIN INVEST AS	NO0010810476	32,861	0.38 %
BA Bank Abp Nordea	NO0010810476	32,230	0.37 %
B BALTIC SEA PROPERTIES AS	NO0010810476	31,524	0.36 %
T TOFTENES EIENDOM AS	NO0010810476	31,201	0.36 %
JA John Arne Brennsund 1958	NO0010810476	31,000	0.36 %
N NILS HAUFF AS	NO0010810476	30,000	0.34 %
V VORBA AS	NO0010810476	29,712	0.34 %
EM Elise Margrethe Tschudi 1936	NO0010810476	27,398	0.32 %
AS As Swedbank	NO0010810476	27,136	0.31 %
TN Terje Nyrén 1965	NO0010810476	26,500	0.3 %
BP Bjarne Per Reidar Karlsen 1938	NO0010810476	26,237	0.3 %
V VIBRU AS	NO0010810476	26,000	0.3 %
EN Ernst Norvald Bryn 1943	NO0010810476	26,000	0.3 %
IH Ivar Haugen 1961	NO0010810476	25,447	0.29 %
H HANS INVEST AS	NO0010810476	25,000	0.29 %
KH Kai Hording 1940	NO0010810476	24,570	0.28 %
A ARIADNE INVEST AS	NO0010810476	24,365	0.28 %
S SKALLUM AS	NO0010810476	23,487	0.27 %
P PROFOND AS	NO0010810476	23,070	0.27 %
HH Hans Henrik Hartmann 1930	NO0010810476	22,800	0.26 %
JD John David Mosvold 1959	NO0010810476	22,276	0.26 %
SH Sigurd Henning Vaage 1944	NO0010810476	21,812	0.25 %
VK Vibeke Kielland 1959	NO0010810476	21,000	0.24 %
MS Morten Sandbakken 1944	NO0010810476	20,569	0.24 %
A AD-REGNSKAP AS	NO0010810476	20,000	0.23 %
IB Ivar Bernseter 1952	NO0010810476	20,000	0.23 %
IS Ingrid Scott Amundsen 2002	NO0010810476	20,000	0.23 %
SB Sissel Beate Tønneberg 1946	NO0010810476	19,735	0.23 %
AR Anne Raunedokken 1949	NO0010810476	19,570	0.23 %
B BJØRN AS	NO0010810476	18,519	0.21 %
F FIDELITAS AS	NO0010810476	18,519	0.21 %
K KOLSBERG INVEST AS	NO0010810476	18,518	0.21 %
F FORLAGSHUSET VIGMOSTAD & BJØRKE AS	NO0010810476	18,177	0.21 %
OH Oddvar Hansen Ytterstad 1938	NO0010810476	18,000	0.21 %
IJ Inger Johanne Tangen 1943	NO0010810476	18,000	0.21 %
LP Lars Petter Jensen 1962	NO0010810476	16,700	0.19 %
A ARTHEN INVEST AS	NO0010810476	16,609	0.19 %
BA Bank As Danske	NO0010810476	16,400	0.19 %
P PROJECT DESIGN AS	NO0010810476	16,116	0.19 %
SA Siri Aandahl Marcussen 1947	NO0010810476	15,656	0.18 %
ET Einar Torbjørn Koht Astad 1963	NO0010810476	15,000	0.17 %
A ASMERVIK INVEST AS	NO0010810476	13,670	0.16 %
DH Dag Hadberg Johansen 1966	NO0010810476	13,500	0.16 %
KJ Kåre Jarl Ramsjord Johansen 1939	NO0010810476	13,350	0.15 %
H HAGEN, BERGER & AAS AS	NO0010810476	13,334	0.15 %
KE Knut Egil Virik Pedersen 1942	NO0010810476	13,300	0.15 %
AP Anne-Marit Petersen Lie 1952	NO0010810476	13,266	0.15 %
HC Holm Cato Severin Holmsen 1947	NO0010810476	13,157	0.15 %
A ANEKRA AS	NO0010810476	13,000	0.15 %
EG Eystein Grimstad 1944	NO0010810476	12,755	0.15 %
TH Torunn Harriet Taranger Aasgaard 1959	NO0010810476	12,456	0.14 %
CO Carl Olaf Petersen Lie 1979	NO0010810476	12,183	0.14 %
L LEKANG AS	NO0010810476	12,118	0.14 %
S SIBEAN AS	NO0010810476	12,000	0.14 %
C CAPITOL II AS	NO0010810476	11,000	0.13 %
HB Hroar Braathen 1942	NO0010810476	10,000	0.11 %
W WOLFFENSTEIN AS	NO0010810476	10,000	0.11 %
I IMU INVEST AS	NO0010810476	10,000	0.11 %
FE Fredrikke Eger 1943	NO0010810476	10,000	0.11 %
LE Lars Erling Nøkleby 1967	NO0010810476	10,000	0.11 %
TK Tore Key Kristiansen 1942	NO0010810476	9,957	0.11 %
AK Arne Kristian Larsson 1945	NO0010810476	9,785	0.11 %
KE Kristin Evjenth 1962	NO0010810476	9,570	0.11 %
IA Ivar Andreas Monefeldt 1974	NO0010810476	9,210	0.11 %
MM Mette Marie Wåler Hasner 1960	NO0010810476	9,209	0.11 %
G GABELS INVEST AS	NO0010810476	9,000	0.1 %
S SKYBIRD AS	NO0010810476	9,000	0.1 %
AL Anna Live Eliassen 1972	NO0010810476	9,000	0.1 %
TH Torgeir Hovden 1971	NO0010810476	8,997	0.1 %
IG Inger Grete Sjuve Berg 1952	NO0010810476	8,646	0.1 %
AG Arild Gunnar Giske 1948	NO0010810476	8,400	0.1 %

Shares owned by the BALTIC SEA PROPERTIES AS

Name	Share class	Total number of shares	Share
B BALTIC SEA PROPERTIES AS	NO0010810476	31,524	0.36 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	4,979,792	5,007,788	4,707,374	2,792,610
Annual Total Result	7,391,954	14,042,737	6,925,117	10,215,868
Total assets	293,281,042	202,244,662	169,983,720	216,179,879
Total liabilities	51,532,140	51,639,838	22,839,924	66,159,104
Total equity	241,748,903	150,604,823	147,143,795	150,020,775

P&L

Year	2024	2023	2022	2021
Total operating income	4,979,792	5,007,788	4,707,374	2,792,610
Total operating costs	8,812,992	7,509,252	7,346,397	6,541,385
Operating result	-3,833,200	-2,501,464	-2,639,023	-3,748,775
Financial income/costs	11,225,154	16,544,201	9,564,140	13,964,643
Profit before tax	7,391,954	14,042,737	6,925,117	10,215,868
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	7,391,954	14,042,737	6,925,117	10,215,868

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	243,884,647	200,528,737	153,632,764	212,385,152
Total current assets	49,396,395	1,715,925	16,350,956	3,794,727
Total assets	293,281,042	202,244,662	169,983,720	216,179,879
Short term debt	1,413,389	1,522,093	1,008,439	15,692,950
Long term debt	50,118,751	50,117,745	21,831,485	50,466,154
Total liabilities	51,532,140	51,639,838	22,839,924	66,159,104
Contributed capital	214,900,140	119,455,983	119,455,804	119,455,344
Retained earnings	26,848,763	31,148,840	27,687,991	30,565,431
Total equity	241,748,903	150,604,823	147,143,795	150,020,775
Total equity and liabilities	293,281,043	202,244,661	169,983,719	216,179,879

Classification

Type of organization

Limited company

BALTIC SEA PROPERTIES AS988 691 771

BALTIC SEA PROPERTIES AS

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the BALTIC SEA PROPERTIES AS

Financials

Summary

P&L

Balance overview

Classification