PARETO ASSET MANAGEMENT AS
Keywords
portfolio managementwealth managementdefined contribution pension fundsmanagement companiessecurities funds
Organization
- CEO
- EV
- Chairman of the board
- RS
Rune Selmar1959
- Years since formation
- 28 years
- since Mar 3, 1997
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 34
Ownership
- Number of shares and share classes
- 260,166
- 1 share class
- Total number of shareholders
- 15
- 11 companies, 4 persons
- Belongs to group of
Financials
- Total operating income 2024
- 564,566,609
- NOK
- Annual total result 2024
- 161,399,363
- NOK
- Total equity 2024
- 51,702,442
- NOK
Last update: Jun 14, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
EV | Managing Director/CEO | 2.25 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
RS 1959 | Chairman | - |
EB 1959 | Board Member | - |
SS 1963 | Board Member | 87.29 % indirectly |
RJ | Board Member | - |
LI 1959 | Alternate Member | - |
EV 1975 | Alternate Member | 1.82 % indirectly |
| Board Member | - | |
KG | Board Member | - |
| Alternate Member | - | |
| Alternate Member | - | |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
SS 1963 | Board Member | 87.29 % indirectly |
EL 1971 | - | 3.74 % indirectly |
EV | Managing Director/CEO | 2.25 % indirectly |
EV 1975 | Alternate Member | 1.82 % indirectly |
Last update: Dec 31, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 227,103 | 87.29 % | |
| Ordinary shares | 9,736 | 3.74 % | |
| Ordinary shares | 5,854 | 2.25 % | |
| Ordinary shares | 4,725 | 1.82 % | |
| Ordinary shares | 1,799 | 0.69 % | |
| Ordinary shares | 1,799 | 0.69 % | |
AH 1971 | Ordinary shares | 1,799 | 0.69 % |
| Ordinary shares | 1,299 | 0.5 % | |
| Ordinary shares | 1,254 | 0.48 % | |
| Ordinary shares | 1,199 | 0.46 % | |
| Ordinary shares | 1,199 | 0.46 % | |
| Ordinary shares | 600 | 0.23 % | |
| Ordinary shares | 600 | 0.23 % | |
| Ordinary shares | 600 | 0.23 % | |
FØ | Ordinary shares | 600 | 0.23 % |
Shares owned by the PARETO ASSET MANAGEMENT AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,799 | 0.69 % | |
| NO0010667652 | 71 | 0.63 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 255,000Operating profit 2023: NOK -11,468,000Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 564,566,609 | 432,088,930 | 336,806,940 |
Annual Total Result | 161,399,363 | 116,002,467 | 92,764,108 |
Total assets | 514,243,374 | 397,431,692 | 318,779,630 |
Total liabilities | 462,540,931 | 307,945,663 | 278,034,295 |
Total equity | 51,702,442 | 89,486,029 | 40,745,335 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 564,566,609 | 432,088,930 | 336,806,940 |
Total operating costs | 304,535,882 | 259,400,095 | 188,685,033 |
Operating result | 260,030,727 | 172,688,835 | 148,121,907 |
Financial income/costs | -48,243,468 | -23,094,606 | -28,876,635 |
Profit before tax | 211,787,259 | 149,594,229 | 119,245,272 |
Total tax & extraordinary income/cost | 50,387,896 | 33,591,762 | 26,481,164 |
Annual Total Result | 161,399,363 | 116,002,467 | 92,764,108 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 18,729,119 | 18,331,182 | 19,008,702 |
Total current assets | 495,514,255 | 379,100,510 | 299,770,928 |
Total assets | 514,243,374 | 397,431,692 | 318,779,630 |
Short term debt | 452,590,931 | 298,295,663 | 268,784,295 |
Long term debt | 9,950,000 | 9,650,000 | 9,250,000 |
Total liabilities | 462,540,931 | 307,945,663 | 278,034,295 |
Contributed capital | 27,549,307 | 26,170,690 | 24,357,197 |
Retained earnings | 24,153,135 | 63,315,339 | 16,388,138 |
Total equity | 51,702,442 | 89,486,029 | 40,745,335 |
Total equity and liabilities | 514,243,373 | 397,431,692 | 318,779,630 |
Classification
Category
Type of organization
Limited company
Standard industrial classification
K
Main industrial area
Financial and insurance activities
66
Activity
Activities auxiliary to financial services and insurance activities
66.3
Main industrial group
Fund management activities
66.30
Industrial group
Fund management activities
66.300
Industrial group
Fund management activities