PIONEER PROPERTY DEVELOPMENT AS • 925260118 • Oslo • Real estate activities

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Goods and trade

PIONEER PROPERTY DEVELOPMENT AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

Chairman of the board: JI
John Ivar Busklein1968
Years since formation: 4 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 2023: 1,686,375; NOK
Total equity 2023: 154,982,317; NOK

Last update: Sep 11, 2024

Management

Board

Name	Role	Shares
JI John Ivar Busklein 1968	Chairman	-
RA Roger Adolfsen 1964	Board Member	19.65 % indirectly
KA Kristian Arne Adolfsen 1961	Board Member	19.65 % indirectly

Others

Name	Role	Shares
B BDO AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
KA Kristian Arne Adolfsen 1961	Board Member	19.65 % indirectly
RA Roger Adolfsen 1964	Board Member	19.65 % indirectly
BH Benn Harald Eidissen 1958	-	4.43 % indirectly
AC Ane Nordahl Carlsen 1987	-	2.12 % indirectly
MC Matias Nordahl Carlsen 1981	-	2.12 % indirectly
AC Anna Nordahl Carlsen 1992	-	2.12 % indirectly
MP Matilde Pauline Nordahl Neby 1994	-	2.12 % indirectly
SE Stig Eidissen 1983	-	1.71 % indirectly
JE Jørn Eidissen 1988	-	1.69 % indirectly
RE Roar Eidissen 1990	-	1.69 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
P PIONEER PROPERTY GROUP ASA	Ordinary shares	30,000	100 %

Shares owned by the PIONEER PROPERTY DEVELOPMENT AS

Name	Share class	Number of shares	Share
N NORAB EIENDOM VEST AS	Ordinary shares	40	100 %
S STEINBEKKHAUGEN AS	Ordinary shares	30	100 %
B BRENNEMOEN EIENDOM AS	Ordinary shares	10,000	100 %
B BM3 EIENDOM AS	Ordinary shares	63,253	88.28 %
E EVENES HOLDING AS	Ordinary shares	17,600	53.33 %
K KONGSPARKEN AS	Ordinary shares	50	50 %
R RAMSTADSLETTA UTVIKLING AS	Ordinary shares	12,024	40.08 %
V VOSSEVANGEN UTVIKLING AS	Ordinary shares	37,850	31.22 %

Last update: May 24, 2024

Group structure

PIONEER PROPERTY GROUP ASA
Total operating income 2023: NOK 12,092,860
Operating profit 2023: NOK -3,719,013
Employees: 5

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	0	0	0
Annual Total Result	1,686,375	-1,810,843	-1,142,234
Total assets	194,169,767	239,554,784	71,267,922
Total liabilities	39,187,450	89,452,917	71,237,922
Total equity	154,982,317	150,101,868	30,000

P&L

Year	2023	2022	2021
Total operating income	0	0	0
Total operating costs	406,641	244,484	57,478
Operating result	-406,641	-244,484	-57,478
Financial income/costs	2,568,660	-2,077,109	-1,406,924
Profit before tax	2,162,019	-2,321,594	-1,464,402
Total tax & extraordinary income/cost	475,644	-510,751	-322,168
Annual Total Result	1,686,375	-1,810,843	-1,142,234

Balance overview

Year	2023	2022	2021
Total fixed assets	190,034,032	197,511,150	69,498,310
Total current assets	4,135,735	42,043,634	1,769,612
Total assets	194,169,767	239,554,784	71,267,922
Short term debt	6,275,736	179,237	20,654
Long term debt	32,911,714	89,273,680	71,217,268
Total liabilities	39,187,450	89,452,917	71,237,922
Contributed capital	153,224,074	150,024,430	24,430
Retained earnings	1,758,243	77,438	5,570
Total equity	154,982,317	150,101,868	30,000
Total equity and liabilities	194,169,767	239,554,784	71,267,922

Classification

Category

Goods and trade

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

Standard industrial classification

L

Main industrial area

Real estate activities

68

Activity

Real estate activities

68.2

Main industrial group

Renting and operating of own or leased real estate

68.20

Industrial group

Renting and operating of own real estate

68.209

Industrial group

Other letting of real estate