PIONEER PROPERTY DEVELOPMENT AS

0158 OSLO

Finances

Return on Equity

−1,21 %

Current Ratio

234,88

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−1 811 000	−1 142 000	−17 000
Total Assets	239 555 000	71 268 000	5 965 000
Total Equity	150 102 000	30 000	30 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	244 000	57 000	20 000
Operating Profit	−244 000	−57 000	−20 000
Financial Income	3 450 000	612 000	58 000
Financial Costs	5 527 000	2 019 000	61 000
Financial Balance	−2 077 000	−1 407 000	−3 000
Earnings Before Tax	−2 322 000	−1 464 000	−23 000
Tax	−511 000	−322 000	−6 000
Net Income	−1 811 000	−1 142 000	−17 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	197 511 000	69 498 000	5 874 000
Total Current Assets	42 044 000	1 770 000	91 000
Total Assets	239 555 000	71 268 000	5 965 000
Total Retained Equity	77 000	6 000	6 000
Total Equity	150 102 000	30 000	30 000
Total Long-Term Debt	89 274 000	71 217 000	5 927 000
Total Current Debt	179 000	21 000	8 000
Total Equity and Debt	239 555 000	71 268 000	5 965 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	244 000	57 000	20 000
Operating Profit	−244 000	−57 000	−20 000
Financial Income	3 450 000	612 000	58 000
Financial Costs	5 527 000	2 019 000	61 000
Financial Balance	−2 077 000	−1 407 000	−3 000
Dividends	0	0	0
Net Income	−1 811 000	−1 142 000	−17 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	197 511 000	69 498 000	5 874 000
Total Fixed Assets	197 511 000	69 498 000	5 874 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	39 619 000	305 000	62 000
Total Current Assets	42 044 000	1 770 000	91 000
Total Assets	239 555 000	71 268 000	5 965 000
Total Equity	150 102 000	30 000	30 000
Short-Term Group Debt	92 000	19 000	0
Total Long-Term Debt	89 274 000	71 217 000	5 927 000
Creditors	72 000	2 000	8 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	15 000	0	0
Total Current Debt	179 000	21 000	8 000
Total Equity and Debt	239 555 000	71 268 000	5 965 000

Financial indicators	2022	2021	2020
Return on Equity	−1,21 %	−3 806,67 %	−56,67 %
Debt-to-Equity Ratio	0,59	2 373,9	197,57
Operating Profit Margin	-	-	-
Current Ratio	234,88	84,29	11,38
Quick Ratio	234,88	84,29	11,38
Equity Ratio	0,63	0	0,01
Gross Profit Margin	-	-	-