Pareto Bank ASA chart

Last update: 2022-12-27
Key statistics and financials
Revenue per share 11.87
Dividend & YieldN/A£ (N/A)
Beta 0.99
Market capitalization 27.13M
Operating cash flow -1.2B
ESG Scores unknown

Company description

Pareto Bank ASA offers various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. The company was incorporated in 2007 and is headquartered in Oslo, Norway.

Sector: - Industry:

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -20.77M 41.67M -3.46M -5M
Net Borrowings 1.76B 608.18M -680.92M 1.1B
Total Cash From Financing Activities 1.8B 945.23M -840.76M 806.46M
Change To Operating Activities
Issuance Of Stock 149.76M 401.38M
Net Income 330.78M 397.63M 428.37M 504.54M
Change In Cash -36.96M 604.76M 156.95M -173.87M
Effect Of Exchange Rate
Total Cash From Operating Activities -1.82B -382.15M 1B -975.33M
Depreciation 1.65M 4.78M 3.02M 7.77M
Change To Account Receivables
Other Cashflows From Financing Activities -9.14M -11.8M -10.03M -73.16M
Change To Netincome -2.15B -791.22M 563.37M -1.49B
Capital Expenditures -892k -999k -3.08M -4.77M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 438.74M 524.53M 565.14M 668.16M
Net Income 330.78M 397.63M 428.37M 504.54M
Selling General Administrative 105.5M 114.5M 118.57M 135.19M
Gross Profit 558.6M 662.58M 709.67M 830.52M
Ebit
Operating Income 438.74M 524.53M 565.14M 668.16M
Interest Expense
Income Tax Expense 107.96M 126.91M 136.78M 163.62M
Total Revenue 558.6M 662.58M 709.67M 830.52M
Cost Of Revenue
Total Other Income ExpenseNet
Net Income From Continuing Ops 330.78M 397.63M 428.37M 504.54M
Net Income Applicable To Common Shares 330.78M 397.63M 428.37M 504.54M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 13.1B 14.25B 15.94B 16.16B
Total Stockholder Equity 2.51B 3.26B 3.54B 3.82B
Other Current Liabilities 114.66M 110.48M 129.76M 185.19M
Total Assets 15.61B 17.51B 19.48B 19.98B
Common Stock 703.44M 838.22M 838.22M 838.22M
Other Current Assets 75.9M 86.84M 58.79M 27.98M
Retained Earnings
Treasury Stock 1.38B 1.73B 2.01B 2.29B
Cash 319.59M 924.35M 1.08B 907.42M
Total Current Liabilities 7.81B 8.32B 10.73B 9.82B
Other Stockholder Equity 1.38B 1.73B 2.01B 2.29B
Property, Plant, and Equipment 3.14M 3.66M 3.77M 58.06M
Total Current Assets 409.51M 1.06B 1.2B 975.82M
Net Tangible Assets 2.47B 3.22B 3.5B 3.79B
Net Receivables
Accounts Payable 7.6B 8.16B 10.47B 9.52B


Insider Transactions

Here are the insider transactions of stock shares related to Pareto Bank ASA:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Pareto Bank ASA. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Pareto Bank ASA

Here is the result of two systematic investment strategies applied to Pareto Bank ASA. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Pareto Bank ASA

The following chart shows the equity curve of the two systematic investment strategies applied to Pareto Bank ASA:

Pareto Bank ASA automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0% on the backtest period.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

0.0 %
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Momentum strategy results on Pareto Bank ASA

This is the result of two momentum investment strategies applied to Pareto Bank ASA. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Pareto Bank ASA

The following chart shows all the entries opened by the momentum investment system on Pareto Bank ASA:

Pareto Bank ASA momentum entries
  • The first momentum investment strategy would give 0.16% of return on Pareto Bank ASA. That represents 0.4£ of latent gain with 252.8£ of employed capital.
  • The second momentum investment strategy would give 0% of return on Pareto Bank ASA. That represents 0.0£ of latent gain with 0.0£ of employed capital.
Performance at glance (1Q Momentum)

Performance

0.16 %

Latent gain

0.4 £

Invested capital

252.8 £

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Momentum equity curve on Pareto Bank ASA

The following chart shows the equity curve of the two momentum strategies applied to Pareto Bank ASA:

Pareto Bank ASA momentum equity

Note: the dividends potentially given by Pareto Bank ASA are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Pareto Bank ASA

The following chart shows the employed capital evolution of the two momentum strategies on Pareto Bank ASA since the beginning:

Pareto Bank ASA

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on Pareto Bank ASA

Buy the dip entry openings on Pareto Bank ASA

Pareto Bank ASA

The performance achieved by the robo-advisor on Pareto Bank ASA is 0%. That represents 0.0$ of latent gain with 0.0£ of employed capital. The following chart shows Pareto Bank ASA stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Pareto Bank ASA, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Equity curve of the strategy applied to Pareto Bank ASA

The following chart shows the result of the investment strategy applied to Pareto Bank ASA:

Pareto Bank ASA

Note: the dividends potentially given by Pareto Bank ASA are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Pareto Bank ASA

The following chart shows the employed capital evolution since the beginning of the investment strategy on Pareto Bank ASA:

Pareto Bank ASA

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Pareto Bank ASA

In this section, I will compare the three previous investment strategies applied to Pareto Bank ASA.

Equity curve comparison on Pareto Bank ASA

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Pareto Bank ASA investment strategy comparison

Employed capital comparison on Pareto Bank ASA

Pareto Bank ASA investment comparison

Performance comparison on Pareto Bank ASA

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0% 0.0£ 0.0£ 0.0%
Momentum 1 quarter 0.16% 0.4£ 252.8£ 8.0%
Momentum 2 quarters 0% 0.0£ 0.0£ -0.0%
Non-directional 0% 0.0£ 0.0£ -0.0%
Annualized return comparison

Automatic investment

0.0 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Pareto Bank ASA:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Pareto Bank ASA and the other stocks. There may be false positives or some missing correlated stocks. If the price of Pareto Bank ASA does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Pareto Bank ASA
Country Norway
City Oslo
Address Dronning Mauds gate 3
Phone 47 24 02 81 20
Website www.paretobank.no
FullTime employees 57
Industry
Sector
Exchange XLON
Ticker 0RI3.XLON
Market www.londonstockexchange.com

Pareto Bank ASA ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown