PIONERO AS

3115 TØNSBERG

Finances

Return on Equity

4,09 %

Current Ratio

5,96

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 630 000	2 049 000	893 000	517 000
Net Income	110 000	726 000	66 000	158 000
Total Assets	3 417 000	8 706 000	4 571 000	4 770 000
Total Equity	2 692 000	3 081 000	2 355 000	2 289 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 630 000	2 049 000	893 000	517 000
Expenditure	1 353 000	1 008 000	723 000	221 000
Operating Profit	277 000	1 041 000	170 000	296 000
Financial Income	21 000	16 000	8 000	4 000
Financial Costs	156 000	129 000	92 000	98 000
Financial Balance	−135 000	−113 000	−84 000	−94 000
Earnings Before Tax	141 000	928 000	86 000	203 000
Tax	31 000	201 000	20 000	45 000
Net Income	110 000	726 000	66 000	158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	548 000	7 022 000	4 001 000	4 429 000
Total Current Assets	2 869 000	1 684 000	570 000	341 000
Total Assets	3 417 000	8 706 000	4 571 000	4 770 000
Total Retained Equity	2 582 000	2 971 000	2 245 000	2 179 000
Total Equity	2 692 000	3 081 000	2 355 000	2 289 000
Total Long-Term Debt	244 000	5 563 000	2 086 000	2 376 000
Total Current Debt	481 000	61 000	130 000	106 000
Total Equity and Debt	3 417 000	8 706 000	4 571 000	4 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 024 000	539 000	775 000	303 000
Other Income	607 000	1 510 000	117 000	215 000
Revenue	1 630 000	2 049 000	893 000	517 000
Cost of Goods Sold	0	0	0	0
Salary Costs	704 000	429 000	399 000	66 000
Depreciation	11 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	1 353 000	1 008 000	723 000	221 000
Operating Profit	277 000	1 041 000	170 000	296 000
Financial Income	21 000	16 000	8 000	4 000
Financial Costs	156 000	129 000	92 000	98 000
Financial Balance	−135 000	−113 000	−84 000	−94 000
Dividends	0	0	0	0
Net Income	110 000	726 000	66 000	158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	6 793 000	2 481 000	4 243 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	36 000	0	0
Total Tangible Assets	48 000	6 829 000	2 481 000	4 243 000
Total Fiancial Fixed Assets	500 000	193 000	1 520 000	186 000
Total Fixed Assets	548 000	7 022 000	4 001 000	4 429 000
Stock	0	0	0	0
Total Investments	318 000	37 000	61 000	0
Cash, Bank	2 534 000	1 631 000	411 000	266 000
Total Current Assets	2 869 000	1 684 000	570 000	341 000
Total Assets	3 417 000	8 706 000	4 571 000	4 770 000
Total Equity	2 692 000	3 081 000	2 355 000	2 289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	244 000	5 563 000	2 086 000	2 376 000
Creditors	1 000	16 000	3 000	6 000
Unpaid Taxes	75 000	44 000	60 000	49 000
Dividends	0	0	0	0
Other Current Debt	405 000	2 000	43 000	3 000
Total Current Debt	481 000	61 000	130 000	106 000
Total Equity and Debt	3 417 000	8 706 000	4 571 000	4 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,09 %	23,56 %	2,8 %	6,9 %
Debt-to-Equity Ratio	0,09	1,81	0,89	1,04
Operating Profit Margin	16,99 %	50,81 %	19,04 %	57,25 %
Current Ratio	5,96	27,61	4,38	3,22
Quick Ratio	5,96	27,61	4,38	3,22
Equity Ratio	0,79	0,35	0,52	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %