B2 Impact ASA

DB:B28 Stock Report

Market Cap: €314.4m

B2 Impact Management

Management criteria checks 3/4

B2 Impact's CEO is Erik Johnsen, appointed in Aug 2019, has a tenure of 5.25 years. total yearly compensation is NOK8.39M, comprised of 55.6% salary and 44.4% bonuses, including company stock and options. directly owns 0.67% of the company’s shares, worth €2.10M. The average tenure of the management team and the board of directors is 5.1 years and 1.5 years respectively.

Key information

Erik Johnsen

Chief executive officer

NOK 8.4m

Total compensation

CEO salary percentage55.6%
CEO tenure5.3yrs
CEO ownership0.7%
Management average tenure5.1yrs
Board average tenure1.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Erik Johnsen's remuneration changed compared to B2 Impact's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 323m

Jun 30 2024n/an/a

NOK 442m

Mar 31 2024n/an/a

NOK 366m

Dec 31 2023NOK 8mNOK 5m

NOK 363m

Sep 30 2023n/an/a

NOK 360m

Jun 30 2023n/an/a

NOK 458m

Mar 31 2023n/an/a

NOK 321m

Dec 31 2022NOK 8mNOK 4m

NOK 326m

Sep 30 2022n/an/a

NOK 385m

Jun 30 2022n/an/a

NOK 404m

Mar 31 2022n/an/a

NOK 539m

Dec 31 2021NOK 8mNOK 4m

NOK 573m

Sep 30 2021n/an/a

NOK 576m

Jun 30 2021n/an/a

NOK 542m

Mar 31 2021n/an/a

NOK 415m

Dec 31 2020NOK 7mNOK 4m

NOK 309m

Sep 30 2020n/an/a

NOK 276m

Jun 30 2020n/an/a

NOK 329m

Mar 31 2020n/an/a

NOK 25m

Dec 31 2019NOK 4mNOK 3m

NOK 107m

Sep 30 2019n/an/a

NOK 173m

Jun 30 2019n/an/a

NOK 151m

Mar 31 2019n/an/a

NOK 603m

Dec 31 2018NOK 4mNOK 3m

NOK 649m

Sep 30 2018n/an/a

NOK 649m

Jun 30 2018n/an/a

NOK 604m

Mar 31 2018n/an/a

NOK 529m

Dec 31 2017NOK 4mNOK 2m

NOK 482m

Compensation vs Market: Erik's total compensation ($USD757.16K) is about average for companies of similar size in the German market ($USD1.03M).

Compensation vs Earnings: Erik's compensation has been consistent with company performance over the past year.

CEO

Erik Johnsen (64 yo)

5.3yrs

Tenure

NOK 8,387,000

Compensation

Mr. Erik Just Johnsen has been Chief Executive Officer of B2 Impact ASA (formerly known as B2Holding ASA) since February 5, 2020 and served as its Chief Financial Officer since January 16, 2017 until Novem...

Leadership Team

NamePositionTenureCompensationOwnership
Erik Johnsen
Chief Executive Officer5.3yrsNOK 8.39m0.67%
€ 2.1m
André Adolfsen
Chief Financial Officer4yrsNOK 5.39mno data
Adam Parfiniewicz
Chief Operating Officerno dataNOK 4.86m0.0016%
€ 5.1k
Endre Solvin-Witzo
Chief Investment Officer3.1yrsNOK 5.08mno data
Rasmus Hansson
Head of Commercial Strategyno dataNOK 3.64mno data
Jeremi Bobowski
Chief Riskno dataNOK 4.30mno data
Georgios Christoforou
Chief Master & Special Servicing Officer5.1yrsNOK 4.85mno data
Maris Baidekalns
Chief Executive of Creditreform Latvija - Latviano datano datano data
Jon Smith
Chief Group Controllerno datano datano data
Irene Berge
Financial Controller8.3yrsno datano data

5.1yrs

Average Tenure

53yo

Average Age

Experienced Management: B28's management team is seasoned and experienced (5.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Adele Bugge Pran
Independent Director6.5yrsNOK 427.00k0.024%
€ 76.8k
Ellen Hanetho
Independent Directorless than a yearno data0.0091%
€ 28.5k
Harald Thorstein
Independent Chair of the Board4.5yrsNOK 830.00k0.098%
€ 307.1k
Anders Engdahl
Independent Directorless than a yearno datano data
Henrik Wennerholm
Independent Directorless than a yearno data0.53%
€ 1.7m
Ann Sparrfeldt
Independent Director1.5yrsNOK 200.00kno data
Trond Andreassen
Independent Director4.5yrsNOK 379.00k0.081%
€ 255.9k

1.5yrs

Average Tenure

50yo

Average Age

Experienced Board: B28's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.