PIONEER PROPERTY GROUP ASA

Organization

CEO: JI
John Ivar Busklein1968
Chairman of the board: RA
Roger Adolfsen1964
Years since formation: 10 years; since Jan 21, 2015
Type: Public limited company
VAT registered: Yes
Number of employees: 5

Ownership

Number of shares and share classes: 14,683,023; 2 share classes
Total number of shareholders: 854; 100 companies, 754 persons
Belongs to group of

Financials

Total operating income 2024: 15,455,181; NOK
Annual total result 2024: 1,112,742; NOK
Total equity 2024: 906,627,371; NOK

Last update: Sep 9, 2025

Management

Management / administration

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

Board

Name	Role	Shares
RA Roger Adolfsen 1964	Chairman	19.67 % indirectly
SH Sandra Henriette Riise 1953	Board Member	-
GH Geir Hjorth 1954	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
KA Kristian Arne Adolfsen 1961	-	19.67 % indirectly
RA Roger Adolfsen 1964	Chairman	19.67 % indirectly
BH Benn Harald Eidissen 1958	-	4.43 % indirectly
AN Ane Nordahl Carlsen 1987	-	2.12 % indirectly
MN Matias Nordahl Carlsen 1981	-	2.12 % indirectly
AN Anna Nordahl Carlsen 1992	-	2.12 % indirectly
MP Matilde Pauline Nordahl Neby 1994	-	2.12 % indirectly
AE Adeleide Evensdatter Carlsen-Andreassen Petra 2006	-	2.12 % indirectly
SE Stig Eidissen 1983	-	1.71 % indirectly
JE Jørn Eidissen 1988	-	1.69 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
H HOSPITALITY INVEST AS	NO0010736556	3,201,926	21.81 %
E EIDISSEN CONSULT AS	NO0010736556	1,642,024	11.18 %
G GRAFO AS	NO0010736556	1,642,024	11.18 %
K KLEVENSTERN AS	NO0010736556	1,549,214	10.55 %
M MECCA INVEST AS	NO0010736556	1,549,214	10.55 %
P PIONEER PROPERTY GROUP ASA	NO0010735681	987,966	6.73 %
EB Enskilda Banken Ab Skandinaviska	NO0010735681	500,000	3.41 %
BA Bank Ab Nordnet	NO0010735681	399,393	2.72 %
BA Bank Ab Avanza	NO0010735681	378,706	2.58 %
TB The Bank Of New York Mellon	NO0010735681	292,714	1.99 %
H HI CAPITAL AS	NO0010736556	230,068	1.57 %
BA Bank As Danske	NO0010735681	124,440	0.85 %
SA Sis Ag Six	NO0010735681	114,000	0.78 %
BP Bancaire Privee Ubp Sa Union	NO0010735681	83,156	0.57 %
N NORDNET LIVSFORSIKRING AS	NO0010735681	75,129	0.51 %
TB The Bank Of New York Mellon	NO0010735681	68,307	0.47 %
AS Ab Swedbank	NO0010735681	59,934	0.41 %
HB Håkon Bogen 1987	NO0010735681	45,000	0.31 %
TB The Bank Of New York Mellon	NO0010735681	43,347	0.3 %
NK Niels Kristoffer Sagberg 1985	NO0010735681	41,999	0.29 %
EB Enskilda Banken Ab Skandinaviska	NO0010735681	41,750	0.28 %
S STORHAUGEN INVEST AS	NO0010735681	40,000	0.27 %
BA Bank As Saxo	NO0010735681	32,569	0.22 %
DG Dinesh Gnananantham 1984	NO0010735681	32,041	0.22 %
EB Enskilda Banken Ab Skandinaviska	NO0010735681	30,239	0.21 %
EB Enskilda Banken Ab Skandinaviska	NO0010735681	29,000	0.2 %
RS Roger Sleire 1964	NO0010735681	28,304	0.19 %
A AR FONDS AS	NO0010735681	28,047	0.19 %
JS Joachim Samuelshaug Eide 1991	NO0010735681	27,750	0.19 %
SA Switzerland Ag Ubs	NO0010735681	25,789	0.18 %
C CONTANCIA AS	NO0010735681	25,617	0.17 %
TB The Bank Of New York Mellon Sa/Nv	NO0010735681	25,610	0.17 %
EB Enskilda Banken Ab Skandinaviska	NO0010735681	20,370	0.14 %
BA Bank As Danske	NO0010735681	20,081	0.14 %
XC Xuemei Chen 1971	NO0010735681	20,000	0.14 %
TM Tom Myrås 1985	NO0010735681	20,000	0.14 %
TP Tommy Pettersen 1978	NO0010735681	19,000	0.13 %
C CELADON AS	NO0010735681	18,550	0.13 %
OK Ola Kvennås 1968	NO0010735681	17,000	0.12 %
A A&E EIENDOMSUTVIKLING AS	NO0010735681	16,000	0.11 %
E EXA INVEST AS	NO0010735681	16,000	0.11 %
HK Hamre Kjartan 1978	NO0010735681	15,784	0.11 %
W WICKIE AS	NO0010735681	15,000	0.1 %
TA Trygve Andreas Rikheim 1970	NO0010735681	14,184	0.1 %
YT Yngvar Tov Herbjørnssønn 1981	NO0010735681	14,000	0.1 %
BA Bank Abp Nordea	NO0010735681	13,858	0.09 %
BH Birgit Hanseid Bendiksen 1946	NO0010735681	13,493	0.09 %
CF Carl Frederick Bjerke 1989	NO0010735681	13,000	0.09 %
RB Rune Bråten 1960	NO0010735681	12,800	0.09 %
M MANA AS	NO0010735681	12,251	0.08 %
SZ Shengtong Zhong 1982	NO0010735681	11,949	0.08 %
KN Kari Nestaas 1974	NO0010735681	11,612	0.08 %
EL Erik Larsen Stenerud 1973	NO0010735681	11,011	0.07 %
NK Nina Kathrine Hammerstad 1976	NO0010735681	11,000	0.07 %
HO Hans Olof Fröberg 1961	NO0010735681	11,000	0.07 %
GÅ Geir Åsen Stien 1972	NO0010735681	10,821	0.07 %
GS Grete Saltom Rikheim 1968	NO0010735681	10,765	0.07 %
H HILDRING INVEST AS	NO0010735681	10,200	0.07 %
R RANN AS	NO0010735681	10,000	0.07 %
S STEMPEL INVEST AS	NO0010735681	9,690	0.07 %
OA Olav André Braaten 1975	NO0010735681	9,624	0.07 %
MB Marvin Bugge 1960	NO0010735681	9,500	0.06 %
R ROVER INVEST AS	NO0010735681	9,000	0.06 %
IB Investment Bank Ab Carnegie	NO0010735681	9,000	0.06 %
A AR OBLIGASJON AS	NO0010735681	8,580	0.06 %
K KRICO INVEST AS	NO0010735681	8,446	0.06 %
K KOPPANGVEIEN 18 AS	NO0010735681	8,420	0.06 %
RH Rune Haddeland Einarsen 1983	NO0010735681	8,349	0.06 %
EC Eddie Clas Hammaren Smith Nygren 1958	NO0010735681	8,000	0.05 %
BC Bank Caceis	NO0010735681	8,000	0.05 %
DH Dag Hvaring 1958	NO0010735681	7,591	0.05 %
SM Sondre Morten Steen 1986	NO0010735681	7,419	0.05 %
EM Erling Magnar Jørgensen 1937	NO0010735681	7,323	0.05 %
GS Geir Seljeskog 1963	NO0010735681	7,000	0.05 %
KH Kristian Høye Børøsund 1983	NO0010735681	6,577	0.04 %
ØG Øyvind Granheim 1965	NO0010735681	6,461	0.04 %
HA Handelsbanken Ab Svenska	NO0010735681	6,185	0.04 %
RR Rolf Røynlid 1949	NO0010735681	6,113	0.04 %
S SAINT ETIENNE AS	NO0010735681	6,047	0.04 %
H HAMOCA AS	NO0010735681	6,000	0.04 %
RS Rayner Skaug 1968	NO0010735681	6,000	0.04 %
H HAUKÅS KONSULENTENE AS	NO0010735681	6,000	0.04 %
M MAMBO AS	NO0010735681	6,000	0.04 %
LJ Lars Jørgen Lie 1974	NO0010735681	5,923	0.04 %
AK Anne Kamlund Ringdal 1955	NO0010735681	5,900	0.04 %
TR Tom Rødsbakken 1976	NO0010735681	5,840	0.04 %
BA Bank Abp Nordea	NO0010735681	5,677	0.04 %
M MEKLENBORG FORVALTNING AS	NO0010735681	5,650	0.04 %
TV Tobias Vestre 1997	NO0010735681	5,543	0.04 %
E ENDA ET AS	NO0010735681	5,459	0.04 %
A AR VEKST AS	NO0010735681	5,364	0.04 %
NY Naiquan Ye 1970	NO0010735681	5,229	0.04 %
KR Kjell R S T Finnemann 1981	NO0010735681	5,200	0.04 %
BG Bodil Glendrange 1950	NO0010735681	5,160	0.04 %
MJ Marius Joachim Beiske 1975	NO0010735681	5,130	0.03 %
YW Ying Wu 1979	NO0010735681	5,085	0.03 %
HR Henrik Risøy 1969	NO0010735681	5,000	0.03 %
MF Magnus Fadnes 1979	NO0010735681	5,000	0.03 %
T TEDDY INVEST AS	NO0010735681	5,000	0.03 %
PB Pål Berg 1949	NO0010735681	5,000	0.03 %

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	NO0003060907	45,689,256	52.73 %
T T10 HOLDCO AS	Ordinary shares	52,000	52 %
P PANCOM AS	Ordinary shares	170,412	9.39 %
P PIONEER PROPERTY GROUP ASA	NO0010735681	987,966	6.73 %
V VALMUE PRIVATE DEBT AS	Class B shares	48,427	0.77 %
H HOSPITALITY INVEST AS	NO0010172638	2,513,727	0.72 %

Last update: Jun 2, 2025

Group structure

PIONEER PROPERTY GROUP ASA
Total operating income 2024: NOK 15,455,181
Operating profit 2024: NOK -1,982,923
Employees: 5

Financials

in NOK

Summary

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

P&L

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

Balance overview

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

Classification

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

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