PIONEER PROPERTY DEVELOPMENT AS
Organization
- Chairman of the board
- JI
- Years since formation
- 5 years
- since Jun 26, 2020
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Annual total result 2024
- -32,697,714
- NOK
- Total equity 2024
- 122,284,603
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
JI | Chairman | - |
RA 1964 | Board Member | 19.66 % indirectly |
KA | Board Member | 19.66 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KA | Board Member | 19.66 % indirectly |
RA 1964 | Board Member | 19.66 % indirectly |
BH | - | 4.43 % indirectly |
AN | - | 2.12 % indirectly |
MN | - | 2.12 % indirectly |
AN | - | 2.12 % indirectly |
| - | 2.12 % indirectly | |
| - | 2.12 % indirectly | |
SE 1983 | - | 1.71 % indirectly |
JE 1988 | - | 1.69 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30,000 | 100 % |
Shares owned by the PIONEER PROPERTY DEVELOPMENT AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 40 | 100 % | |
| Ordinary shares | 30 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 10,000 | 100 % | |
| Ordinary shares | 63,253 | 88.28 % | |
| Ordinary shares | 70,000 | 70 % | |
| Ordinary shares | 49 | 49 % | |
| Ordinary shares | 15,600 | 43.33 % | |
| Ordinary shares | 12,024 | 40.08 % | |
| Ordinary shares | 37,850 | 31.22 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 15,455,181Operating profit 2024: NOK -1,982,923Employees: 5
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -32,697,714 | 1,686,375 | -1,810,843 | -1,142,234 |
Total assets | 225,086,597 | 194,169,767 | 239,554,784 | 71,267,922 |
Total liabilities | 102,801,994 | 39,187,450 | 89,452,917 | 71,237,922 |
Total equity | 122,284,603 | 154,982,317 | 150,101,868 | 30,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 126,811 | 406,641 | 244,484 | 57,478 |
Operating result | -126,811 | -406,641 | -244,484 | -57,478 |
Financial income/costs | -32,179,041 | 2,568,660 | -2,077,109 | -1,406,924 |
Profit before tax | -32,305,852 | 2,162,019 | -2,321,594 | -1,464,402 |
Total tax & extraordinary income/cost | 391,862 | 475,644 | -510,751 | -322,168 |
Annual Total Result | -32,697,714 | 1,686,375 | -1,810,843 | -1,142,234 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 223,987,167 | 190,034,032 | 197,511,150 | 69,498,310 |
Total current assets | 1,099,431 | 4,135,735 | 42,043,634 | 1,769,612 |
Total assets | 225,086,597 | 194,169,767 | 239,554,784 | 71,267,922 |
Short term debt | 1,799,940 | 6,275,736 | 179,237 | 20,654 |
Long term debt | 101,002,055 | 32,911,714 | 89,273,680 | 71,217,268 |
Total liabilities | 102,801,994 | 39,187,450 | 89,452,917 | 71,237,922 |
Contributed capital | 153,224,074 | 153,224,074 | 150,024,430 | 24,430 |
Retained earnings | -30,939,471 | 1,758,243 | 77,438 | 5,570 |
Total equity | 122,284,603 | 154,982,317 | 150,101,868 | 30,000 |
Total equity and liabilities | 225,086,597 | 194,169,767 | 239,554,784 | 71,267,922 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises