PIONEER INVESTOR MANAGEMENT AS

0158 OSLO

Finances

Share Ownership

Return on Equity

40,89 %

Current Ratio

0,19

Debt-to-Equity Ratio

−0,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	2 115 000	22 000	1 508 000
Net Income	−4 993 000	−2 001 000	−4 338 000	−2 223 000
Total Assets	588 000	5 809 000	860 000	754 000
Total Equity	−12 211 000	−7 218 000	−9 037 000	−5 797 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	2 115 000	22 000	1 508 000
Expenditure	4 381 000	4 199 000	4 006 000	3 516 000
Operating Profit	−4 380 000	−2 083 000	−3 984 000	−2 008 000
Financial Income	9 000	9 000	15 000	0
Financial Costs	621 000	1 004 000	408 000	215 000
Financial Balance	−612 000	−995 000	−393 000	−215 000
Earnings Before Tax	−4 993 000	−3 078 000	−4 377 000	−2 223 000
Tax	0	−1 077 000	−39 000	0
Net Income	−4 993 000	−2 001 000	−4 338 000	−2 223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	440 000	423 000	416 000	35 000
Total Current Assets	148 000	5 386 000	444 000	718 000
Total Assets	588 000	5 809 000	860 000	754 000
Total Retained Equity	−13 171 000	−8 178 000	−9 997 000	−5 827 000
Total Equity	−12 211 000	−7 218 000	−9 037 000	−5 797 000
Total Long-Term Debt	12 038 000	12 312 000	8 934 000	5 886 000
Total Current Debt	761 000	716 000	962 000	665 000
Total Equity and Debt	588 000	5 809 000	860 000	754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 115 000	22 000	1 508 000
Other Income	0	0	0	0
Revenue	0	2 115 000	22 000	1 508 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 772 000	3 704 000	3 307 000	2 996 000
Depreciation	10 000	19 000	16 000	12 000
Impairment	0	0	0	0
Expenditure	4 381 000	4 199 000	4 006 000	3 516 000
Operating Profit	−4 380 000	−2 083 000	−3 984 000	−2 008 000
Financial Income	9 000	9 000	15 000	0
Financial Costs	621 000	1 004 000	408 000	215 000
Financial Balance	−612 000	−995 000	−393 000	−215 000
Dividends	0	0	0	0
Net Income	−4 993 000	−2 001 000	−4 338 000	−2 223 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	18 000	20 000	35 000
Total Tangible Assets	26 000	18 000	20 000	35 000
Total Fiancial Fixed Assets	413 000	405 000	397 000	0
Total Fixed Assets	440 000	423 000	416 000	35 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	147 000	408 000	237 000	233 000
Total Current Assets	148 000	5 386 000	444 000	718 000
Total Assets	588 000	5 809 000	860 000	754 000
Total Equity	−12 211 000	−7 218 000	−9 037 000	−5 797 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 038 000	12 312 000	8 934 000	5 886 000
Creditors	181 000	137 000	395 000	120 000
Unpaid Taxes	275 000	274 000	264 000	254 000
Dividends	0	0	0	0
Other Current Debt	304 000	305 000	304 000	290 000
Total Current Debt	761 000	716 000	962 000	665 000
Total Equity and Debt	588 000	5 809 000	860 000	754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,89 %	27,72 %	48 %	38,35 %
Debt-to-Equity Ratio	−0,99	−1,71	−0,99	−1,02
Operating Profit Margin	-	−98,49 %	−18 109,09 %	−133,16 %
Current Ratio	0,19	7,52	0,46	1,08
Quick Ratio	0,19	7,52	0,46	1,08
Equity Ratio	−20,77	−1,24	−10,51	−7,69
Gross Profit Margin	-	100 %	100 %	100 %