PIONEER PROPERTY GROUP ASA

Operating

Å drive investering i fast eiendom og tilhørende virksomhet, samt investeringer i verdipapirer og andre formuesobjekter.

Organization

CEO: JI
John Ivar Busklein1968
Chairman of the board: RA
Roger Adolfsen1964
Years since formation: 11 years; since Jan 21, 2015
Type: Public limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 10,898,975; 1 share class
Total number of shareholders: 1022; 123 companies, 899 persons
Belongs to group of

Financials

Total operating income 2025: 15,043,769; NOK
Annual total result 2025: -16,168,899; NOK
Total equity 2025: 851,652,602; NOK

Last update: Jul 21, 2026

Management

Management / administration

Name	Role	Shares
JI John Ivar Busklein 1968	Managing Director/CEO	-

Board

Name	Role	Shares
RA Roger Adolfsen 1964	Chairman	-
SH Sandra Henriette Riise 1953	Board Member	-
NH Nina Hjørdis Torp Høisæter 1956	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
AA Arne Adolfsen Kristian 1961	-	26.48 % indirectly
AR Adolfsen Roger 1964	-	26.48 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
H HOSPITALITY INVEST AS	Ordinary shares	3,201,926	29.38 %
M MECCA INVEST AS	Ordinary shares	1,549,214	14.21 %
K KLEVENSTERN AS	Ordinary shares	1,549,214	14.21 %
P PIONEER PROPERTY GROUP ASA	Ordinary shares	487,966	4.48 %
H HI CAPITAL AS	Ordinary shares	230,068	2.11 %
N NORDNET LIVSFORSIKRING AS	Ordinary shares	163,477	1.5 %
Ø ØSTLANDSKE PENSJONISTBOLIGER AS	Ordinary shares	75,768	0.7 %
KS Kristoffer Sagberg Niels 1985	Ordinary shares	54,390	0.5 %
BH Bogen Håkon 1987	Ordinary shares	50,000	0.46 %
S STORHAUGEN INVEST AS	Ordinary shares	50,000	0.46 %
GD Gnananantham Dinesh 1984	Ordinary shares	49,108	0.45 %
SR Sleire Roger 1964	Ordinary shares	42,062	0.39 %
SM Sagberg Mareike 1989	Ordinary shares	33,000	0.3 %
SE Samuelshaug Eide Joachim 1991	Ordinary shares	32,459	0.3 %
SA Strøm Arnesen Stian 1983	Ordinary shares	30,824	0.28 %
KO Kvennås Ola 1968	Ordinary shares	30,000	0.28 %
HK Hamre Kjartan 1978	Ordinary shares	29,378	0.27 %
A AR FONDS AS	Ordinary shares	29,000	0.27 %
JL Jørgen Lie Lars 1974	Ordinary shares	27,964	0.26 %
C CONTANCIA AS	Ordinary shares	25,617	0.24 %
I IMAGINE CAPITAL AS	Ordinary shares	25,000	0.23 %
CX Chen Xuemei 1971	Ordinary shares	25,000	0.23 %
JH Johansen Henrik 1994	Ordinary shares	20,079	0.18 %
MT Myrås Tom 1985	Ordinary shares	20,000	0.18 %
RT Ruud Thomas 1971	Ordinary shares	20,000	0.18 %
PT Pettersen Tommy 1978	Ordinary shares	19,500	0.18 %
OF Olof Fröberg Hans 1961	Ordinary shares	17,000	0.16 %
N NEF AS	Ordinary shares	15,300	0.14 %
BR Bråten Rune 1960	Ordinary shares	15,200	0.14 %
SG Smestad Gunnar 1957	Ordinary shares	15,074	0.14 %
W WICKIE AS	Ordinary shares	15,000	0.14 %
MS Morten Steen Sondre 1986	Ordinary shares	14,658	0.13 %
NL Nordahl Larsen Roger 1980	Ordinary shares	14,514	0.13 %
ZS Zhong Shengtong 1982	Ordinary shares	14,447	0.13 %
HB Hanseid Bendiksen Birgit 1946	Ordinary shares	13,493	0.12 %
D DEBT INVEST AS	Ordinary shares	13,301	0.12 %
SE Solvang Espen 1968	Ordinary shares	13,228	0.12 %
RT Rødsbakken Tom 1976	Ordinary shares	13,060	0.12 %
M MANA AS	Ordinary shares	12,251	0.11 %
LS Larsen Stenerud Erik 1973	Ordinary shares	12,020	0.11 %
F FTR INVEST AS	Ordinary shares	12,000	0.11 %
ØH Øverby Harald 1979	Ordinary shares	12,000	0.11 %
SR Saltom Rikheim Grete 1968	Ordinary shares	11,765	0.11 %
NK Nestaas Kari 1974	Ordinary shares	11,612	0.11 %
T THORLEIF SUNDE EIENDOM AS	Ordinary shares	11,500	0.11 %
AB André Braaten Olav 1975	Ordinary shares	11,124	0.1 %
MG Müller Glenn 1990	Ordinary shares	11,005	0.1 %
KH Kathrine Hammerstad Nina 1976	Ordinary shares	11,000	0.1 %
ÅS Åsen Stien Geir 1972	Ordinary shares	10,953	0.1 %
RR Røynlid Rolf 1949	Ordinary shares	10,762	0.1 %
H HILDRING INVEST AS	Ordinary shares	10,200	0.09 %
YW Yang Wanxia 1979	Ordinary shares	10,100	0.09 %
V VIKING CLUB AS	Ordinary shares	10,000	0.09 %
R RANN AS	Ordinary shares	10,000	0.09 %
TH Tov Herbjørnssønn Yngvar 1981	Ordinary shares	10,000	0.09 %
OE Onshuus Eriksen Katrine 1976	Ordinary shares	10,000	0.09 %
BM Bugge Marvin 1960	Ordinary shares	10,000	0.09 %
AR Andreas Rikheim Trygve 1970	Ordinary shares	9,915	0.09 %
S STEMPEL INVEST AS	Ordinary shares	9,690	0.09 %
IG Iversen Geir 1981	Ordinary shares	9,334	0.09 %
F FOLGEFONNA BEDRIFTSRÅDGIVNING AS	Ordinary shares	9,227	0.08 %
KS Kubik Sagberg Hanna 1959	Ordinary shares	9,220	0.08 %
SS Sivertsen Ståle 1972	Ordinary shares	9,050	0.08 %
R ROVER INVEST AS	Ordinary shares	9,000	0.08 %
SG Seljeskog Geir 1963	Ordinary shares	8,500	0.08 %
K KRICO INVEST AS	Ordinary shares	8,446	0.08 %
K KOPPANGVEIEN 18 AS	Ordinary shares	8,420	0.08 %
HE Haddeland Einarsen Rune 1983	Ordinary shares	8,349	0.08 %
SM Sveinall Magne 1950	Ordinary shares	8,090	0.07 %
S SAINT ETIENNE AS	Ordinary shares	8,047	0.07 %
CH Clas Hammaren Smith Nygren Eddie 1958	Ordinary shares	8,000	0.07 %
DB Dagfinn Brennvik Morten 1964	Ordinary shares	7,900	0.07 %
MJ Magnar Jørgensen Erling 1937	Ordinary shares	7,323	0.07 %
E ESO INVEST AS	Ordinary shares	7,184	0.07 %
GØ Granheim Øyvind 1965	Ordinary shares	7,140	0.07 %
HD Hvaring Dag 1958	Ordinary shares	7,091	0.07 %
B BERFUR AS	Ordinary shares	7,000	0.06 %
M MAMBO AS	Ordinary shares	7,000	0.06 %
TH Tore Helle Rolf 1976	Ordinary shares	6,980	0.06 %
WY Wu Ying 1979	Ordinary shares	6,005	0.06 %
SR Skaug Rayner 1968	Ordinary shares	6,000	0.06 %
MV Magne Vestre Ola 1969	Ordinary shares	6,000	0.06 %
GB Glendrange Bodil 1950	Ordinary shares	6,000	0.06 %
H HAMOCA AS	Ordinary shares	6,000	0.06 %
BT Børøsund Tore 1951	Ordinary shares	6,000	0.06 %
V VALOTRO AS	Ordinary shares	5,984	0.05 %
BA Bonde Aas Henrik 1983	Ordinary shares	5,800	0.05 %
M MEKLENBORG FORVALTNING AS	Ordinary shares	5,800	0.05 %
E ENDA ET AS	Ordinary shares	5,459	0.05 %
L LUMINOUS AS	Ordinary shares	5,393	0.05 %
HS Helge Surdal Jan 1968	Ordinary shares	5,250	0.05 %
YN Ye Naiquan 1970	Ordinary shares	5,229	0.05 %
RS Richard Sylvester Totland Finnemann Kjell 1981	Ordinary shares	5,200	0.05 %
JB Joachim Beiske Marius 1975	Ordinary shares	5,130	0.05 %
MR Magnussen Rønning Simen 2004	Ordinary shares	5,124	0.05 %
HB Høye Børøsund Kristian 1983	Ordinary shares	5,000	0.05 %
V VICUNA HOLDING AS	Ordinary shares	5,000	0.05 %
OA Olaus Aanesland Jan 1980	Ordinary shares	5,000	0.05 %
VA Vidar Aashamar Jon 1987	Ordinary shares	5,000	0.05 %
BP Berg Pål 1949	Ordinary shares	5,000	0.05 %

Shares owned by the PIONEER PROPERTY GROUP ASA

Name	Share class	Total number of shares	Share
P PIONEER PRESCHOOLS AS	Ordinary shares	30,000	100 %
P PIONEER PROPERTY GROUP INTERNATIONAL AS	Ordinary shares	30,000	100 %
P PIONEER PROPERTY DEVELOPMENT AS	Ordinary shares	30,000	100 %
P PIONEER RETAIL PROPERTIES AS	Ordinary shares	1,000,000	100 %
P PIONEER HOTEL PROPERTIES AS	Ordinary shares	30,000	100 %
N NORLANDIA HOLDING AS	Ordinary shares	73,291,720	84.58 %
T T10 HOLDCO AS	Ordinary shares	52,000	52 %
P PANCOM AS	Ordinary shares	173,542	7.69 %
P PIONEER PROPERTY GROUP ASA	Ordinary shares	487,966	4.48 %
H HOSPITALITY INVEST AS	Ordinary shares	2,513,727	0.72 %

Last update: Sep 25, 2026

Group structure

PIONEER PROPERTY GROUP ASA
Total operating income 2025: NOK 15,043,769
Operating profit 2025: NOK -2,923,537
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	15,043,769	15,455,181	12,092,860	9,689,910	4,124,453
Annual Total Result	-16,168,899	1,112,742	25,863,189	119,952,813	27,349,074
Total assets	1,207,111,615	1,461,635,762	1,195,065,310	1,287,282,658	1,231,157,786
Total liabilities	355,459,013	555,008,392	75,672,064	95,606,414	75,006,348
Total equity	851,652,602	906,627,371	1,119,393,246	1,191,676,245	1,156,151,438

P&L

Year	2025	2024	2023	2022	2021
Total operating income	15,043,769	15,455,181	12,092,860	9,689,910	4,124,453
Total operating costs	17,967,306	17,438,104	15,811,873	11,567,456	8,833,040
Operating result	-2,923,537	-1,982,923	-3,719,013	-1,877,546	-4,708,588
Financial income/costs	-15,413,067	7,424,583	36,873,290	129,075,564	58,833,462
Profit before tax	-18,336,604	5,441,660	33,154,277	127,198,018	54,124,874
Total tax & extraordinary income/cost	-2,167,705	4,328,918	7,291,088	7,245,205	26,775,800
Annual Total Result	-16,168,899	1,112,742	25,863,189	119,952,813	27,349,074

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	1,131,529,998	1,184,960,700	1,014,483,041	1,032,281,200	1,013,925,437
Total current assets	75,581,617	276,675,062	180,582,269	255,001,458	217,232,349
Total assets	1,207,111,615	1,461,635,762	1,195,065,310	1,287,282,658	1,231,157,786
Short term debt	23,460,850	199,773,087	65,493,955	86,186,010	65,988,009
Long term debt	331,998,163	355,235,305	10,178,109	9,420,404	9,018,339
Total liabilities	355,459,013	555,008,392	75,672,064	95,606,414	75,006,348
Contributed capital	414,259,209	414,259,209	569,331,956	569,331,956	569,331,956
Retained earnings	437,393,393	492,368,162	550,061,290	622,344,289	586,819,482
Total equity	851,652,602	906,627,371	1,119,393,246	1,191,676,245	1,156,151,438
Total equity and liabilities	1,207,111,615	1,461,635,763	1,195,065,310	1,287,282,658	1,231,157,786

Classification

21st company classification

BETA

Industrial mother company

Type of organization

Public limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

Standard industrial classification

PIONEER PROPERTY GROUP ASA914 839 327

PIONEER PROPERTY GROUP ASA

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the PIONEER PROPERTY GROUP ASA

Group structure

Financials

Summary

P&L

Balance overview

Classification