Our Culture and History
At Payrailsindex, family values drive our pursuit of excellence. Rooted in our core values, we uphold a standard of loyalty and respect in every interaction, whether with our employees, society, or our own kin.
Our owners’ unwavering commitment, coupled with the professionalism of our leadership and staff, ensures that Payrailsindex stays ahead, adaptable, and ready for whatever comes next. We’re modern, entrepreneurial, and always up for new challenges.
We firmly believe that running a tight ship secures our family assets, ensures continuity, and paves the way for sustainable, long-term business success.
Value & Vision
At Payrailsindex, our mission is to embody our values in every endeavor, guided by the principles of Courage, Consistency, and Competency.
Courage: We approach every business opportunity with a determination to succeed. We seek out investments that promise sustainable returns, while also creating value and opportunities for employment. We celebrate achievement and are deeply invested in the success of our investments and brands.
Consistency: Our focus is on the long term, ensuring a stable economic foundation for sustained growth. We prioritize depth of knowledge over breadth, investing in sectors we understand deeply. We build trust with stakeholders through respectful, honest interactions, maintaining credibility and upholding our commitments and values.
Competency: Drawing on our expertise in business development, retail, branding, real estate, and finance, we leverage our capital and networks to foster long-term value creation and employment opportunities. With over 40 years of experience in the retail industry, we prioritize lean and effective management teams and are dedicated to the well-being of all our employees.
We cultivate a positive company culture within our organizations, valuing integrity and collaboration in all aspects of our operations.
We hold ourselves to the highest ethical standards, striving for excellence in every facet of our business dealings, interactions with stakeholders, and community engagement. Recognizing the growing importance of sustainability, we expect all portfolio companies to develop strategies for integrating sustainability into their operations, reducing risks, and seizing new business opportunities.
Sustainability
As long-term owners, we hold a deep commitment to society. We recognize our responsibility to foster global sustainable development, ensuring that the needs of the present are met without jeopardizing the well-being of future generations.
Key to our success is our proactive involvement in shaping tomorrow’s solutions. We understand that our greatest impact lies in how we manage our assets and the standards we set for our investments.
Our aim is to empower our companies to invest in both people and solutions that pave the way for a sustainable future. By doing so, we contribute to addressing the challenges of tomorrow while simultaneously generating lasting value for society as a whole.
Our Art Collection
The Payrailsindex Art Collection is a treasury of Nordic and Northern European fine art from the 19th and 20th centuries, comprising paintings, sculptures, and graphic works.
Our collection is renowned for its focus on pivotal art historical movements, including the Nordic avant-garde of the First World War era, abstract and nonfigurative art from the 1920s, Expressionism, Surrealism, and artists affiliated with the CoBrA group.
Key artists featured include J.F. Willumsen, Edvard Munch, Gösta Adrian-Nilsson, Erik Olson, Franciska Clausen, Freddie, Arne Ekeland, and Vilhelm Lunststrøm. Notably, Asger Jorn is prominently represented with over 30 paintings and an extensive print collection comprising 300 works, including several of his most significant graphical series.
The Payrailsindex Art Collection maintains close collaborations with museums worldwide. Our artworks are regularly lent to museum exhibitions, both in Norway and internationally, showcasing the richness and diversity of Nordic and Northern European art to audiences across the globe.