FirmaIQ
Org.nr 914 839 327 2021 → 2022 Year-over-year analysis

PIONEER PROPERTY GROUP ASA: årsregnskap 2022 vs 2021

Grew 135% on revenue, stronger earnings

approved 2023-03-30; registry 2023-08-22; journal 2023 707456

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for PIONEER PROPERTY GROUP ASA. Revenue 4.12m NOK → 9.69m NOK (+134.9%). Net result +27.35m NOK → +119.95m NOK. Equity 1.16bn NOK → 1.19bn NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for PIONEER PROPERTY GROUP ASA.

At a glance

Scorecard

Revenue
4.12m NOK 9.69m NOK
+134.9%
Operating result
-4.71m NOK -1.88m NOK
+60.1%
Net result
+27.35m NOK +119.95m NOK
+338.6%
Equity
1.16bn NOK 1.19bn NOK
+3.1%
Cash
49.71m NOK 124.55m NOK
+150.5%
Total assets
1.23bn NOK 1.29bn NOK
+4.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.12m NOK to 9.69m NOK (+134.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -4.71m NOK → -1.88m NOK (op. margin -114.2% → -19.4%). Calculated

  • ↑

    Net result improved

    Net result +27.35m NOK → +119.95m NOK (net margin 663.1% → 1237.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.16bn NOK → 1.19bn NOK (equity ratio 93.9% → 92.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 49.71m NOK → 124.55m NOK (+150.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.01bn NOK → 1.03bn NOK. Reported fact