PIONER BOAT AS

1940 BJØRKELANGEN

Finances

Return on Equity

12,02 %

Current Ratio

0,9

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	134 809 000	103 669 000	115 990 000	91 430 000
Net Income	3 852 000	6 971 000	9 669 000	1 887 000
Total Assets	101 935 000	86 349 000	92 684 000	80 181 000
Total Equity	32 035 000	28 184 000	34 666 000	24 996 000

Income (NOK)	2022	2021	2020	2019
Revenue	134 809 000	103 669 000	115 990 000	91 430 000
Expenditure	136 236 000	98 900 000	101 716 000	88 342 000
Operating Profit	6 148 000	9 755 000	13 312 000	3 662 000
Financial Income	658 000	249 000	470 000	193 000
Financial Costs	1 982 000	1 262 000	1 468 000	1 369 000
Financial Balance	−1 324 000	−1 013 000	−998 000	−1 176 000
Earnings Before Tax	4 824 000	8 742 000	12 314 000	2 486 000
Tax	973 000	1 771 000	2 645 000	599 000
Net Income	3 852 000	6 971 000	9 669 000	1 887 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 838 000	35 796 000	49 972 000	44 105 000
Total Current Assets	60 097 000	50 553 000	42 712 000	36 076 000
Total Assets	101 935 000	86 349 000	92 684 000	80 181 000
Total Retained Equity	25 391 000	21 540 000	23 808 000	14 138 000
Total Equity	32 035 000	28 184 000	34 666 000	24 996 000
Total Long-Term Debt	3 460 000	3 070 000	4 442 000	4 535 000
Total Current Debt	66 440 000	55 095 000	53 576 000	50 650 000
Total Equity and Debt	101 935 000	86 349 000	92 684 000	80 181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	134 809 000	103 669 000	115 990 000	91 430 000
Other Income	0	0	0	0
Revenue	134 809 000	103 669 000	115 990 000	91 430 000
Cost of Goods Sold	76 925 000	46 355 000	55 236 000	44 512 000
Salary Costs	35 936 000	32 482 000	30 566 000	29 357 000
Depreciation	3 874 000	3 551 000	3 363 000	2 614 000
Impairment	0	0	0	0
Expenditure	136 236 000	98 900 000	101 716 000	88 342 000
Operating Profit	6 148 000	9 755 000	13 312 000	3 662 000
Financial Income	658 000	249 000	470 000	193 000
Financial Costs	1 982 000	1 262 000	1 468 000	1 369 000
Financial Balance	−1 324 000	−1 013 000	−998 000	−1 176 000
Dividends	0	0	0	0
Net Income	3 852 000	6 971 000	9 669 000	1 887 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	18 295 000	18 295 000	23 455 000	23 455 000
Total Intangible Assets	22 101 000	22 562 000	26 993 000	25 456 000
Real Eastate	0	0	9 448 000	9 893 000
Machinery and Plant Facilities	0	12 793 000	13 090 000	8 674 000
Fixtures	19 297 000	0	0	0
Total Tangible Assets	19 297 000	12 793 000	22 538 000	18 567 000
Total Fiancial Fixed Assets	441 000	441 000	441 000	82 000
Total Fixed Assets	41 838 000	35 796 000	49 972 000	44 105 000
Stock	34 022 000	26 447 000	21 750 000	22 308 000
Total Investments	0	0	0	0
Cash, Bank	17 000	24 000	24 000	17 000
Total Current Assets	60 097 000	50 553 000	42 712 000	36 076 000
Total Assets	101 935 000	86 349 000	92 684 000	80 181 000
Total Equity	32 035 000	28 184 000	34 666 000	24 996 000
Short-Term Group Debt	46 255 000	32 613 000	34 202 000	37 272 000
Total Long-Term Debt	3 460 000	3 070 000	4 442 000	4 535 000
Creditors	7 664 000	10 196 000	5 840 000	5 282 000
Unpaid Taxes	4 593 000	4 579 000	4 577 000	3 068 000
Dividends	0	0	0	0
Other Current Debt	7 346 000	6 737 000	6 219 000	5 028 000
Total Current Debt	66 440 000	55 095 000	53 576 000	50 650 000
Total Equity and Debt	101 935 000	86 349 000	92 684 000	80 181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,02 %	24,73 %	27,89 %	7,55 %
Debt-to-Equity Ratio	0,11	0,11	0,13	0,18
Operating Profit Margin	4,56 %	9,41 %	11,48 %	4,01 %
Current Ratio	0,9	0,92	0,8	0,71
Quick Ratio	1,85	1,76	1,34	1,27
Equity Ratio	0,31	0,33	0,37	0,31
Gross Profit Margin	42,94 %	55,29 %	52,38 %	51,32 %