Black Sea Property AS (OSL:BSP) Gross Profit: kr4.47 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:BSP Black Sea Property AS OSL:BSP
20 GF Score
Price kr3.20
GF Value kr7.99
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Black Sea Property AS Gross Profit?

Black Sea Property AS OSL:BSP 20 Gross Profit is kr4.47 Mil as of Dec. 2025. GuruFocus rates OSL:BSP with a GF Score™ of 20/100 and a GF Value™ of kr7.99 (Possible Value Trap). The stock has 7 warning signs investors should review.

Black Sea Property AS's gross profit for the six months ended in Dec. 2025 was kr1.28 Mil. Black Sea Property AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2025 was kr4.47 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Black Sea Property AS's gross profit for the six months ended in Dec. 2025 was kr1.28 Mil. Black Sea Property AS's Revenue for the six months ended in Dec. 2025 was kr1.53 Mil. Therefore, Black Sea Property AS's Gross Margin % for the quarter that ended in Dec. 2025 was 84.02%.

Black Sea Property AS had a gross margin of 84.02% for the quarter that ended in Dec. 2025 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Black Sea Property AS was 90.52%. The lowest was 42.17%. And the median was 85.74%.


Black Sea Property AS  (OSL:BSP) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Black Sea Property AS had a gross margin of 84.02% for the quarter that ended in Dec. 2025 => Durable competitive advantage


Black Sea Property AS Gross Profit Related Terms


Black Sea Property AS Gross Profit Historical Data

* Premium members only.

The historical data trend for Black Sea Property AS's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Black Sea Property AS Gross Profit Chart

Black Sea Property AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 0.22 3.53 6.40 4.47

Black Sea Property AS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.48 0.17 6.23 3.19 1.28

OSL:BSP vs MAR, HLT, H: Gross Profit Comparison

For the Lodging subindustry, Black Sea Property AS's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Black Sea Property AS Gross Profit vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Black Sea Property AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Black Sea Property AS's Gross Profit falls into.


OSL:BSP
20GF Score
Black Sea Property AS OSL:BSP
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Black Sea Property AS Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Black Sea Property AS's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=5.2 - 0.729
=4.47

Black Sea Property AS's Gross Profit for the quarter that ended in Dec. 2025 is calculated as

Gross Profit (Q: Dec. 2025 )=Revenue - Cost of Goods Sold
=1.527 - 0.244
=1.28

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr4.47 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Black Sea Property AS's Gross Margin % for the quarter that ended in Dec. 2025 is calculated as

Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.28 / 1.527
=84.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of kr4.47 Mil mean?
Black Sea Property AS (OSL:BSP) has a Gross Profit of kr4.47 Mil as of Dec. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on Black Sea Property AS and its competitors.
Is Black Sea Property AS's Gross Profit too high?
Black Sea Property AS's current Gross Profit is kr4.47 Mil. Overall, Black Sea Property AS has a GF Score™ of 20/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Black Sea Property AS's Gross Profit compare to MAR and HLT?
Black Sea Property AS's Gross Profit of kr4.47 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Travel & Leisure company?
A good Gross Profit depends on the Travel & Leisure industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Black Sea Property AS and its competitors. Black Sea Property AS's current Gross Profit is kr4.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Sea Property AS stock overvalued right now?
Based on GuruFocus' analysis, Black Sea Property AS (OSL:BSP) is currently considered Possible Value Trap. The stock's GF Value™ is kr7.99, compared to a current price of kr3.20 — trading 59.9% below its estimated fair value. The current Gross Profit is kr4.47 Mil. Black Sea Property AS's overall GF Score™ is 20/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Black Sea Property AS (OSL:BSP), the current Gross Profit is kr4.47 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Black Sea Property AS (OSL:BSP) Overvalued in 2026?

Based on GuruFocus' analysis, Black Sea Property AS stock appears to be undervalued. The current stock price of kr3.20 is trading 59.9% below its estimated GF Value™ of kr7.99. GuruFocus considers Black Sea Property AS to be Possible Value Trap.

Key valuation signals for OSL:BSP:

  • Gross Profit: kr4.47 Mil
  • GF Value™: kr7.99 vs. price of kr3.20 (59.9% below fair value)
  • GF Score™: 20/100 with 7 warning signs

No single metric tells the full story. See the OSL:BSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Black Sea Property AS Business Description

Address Sagveien 23 A, Box 46 Torshov, Oslo, NOR, 0459
Black Sea Property AS is engaged in the lodging business.
20GF Score

Get the complete analysis for OSL:BSP

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr3.20
Price
kr7.99
GF Value