B2 Impact Management

Management criteria checks 3/4

B2 Impact's CEO is Erik Johnsen, appointed in Aug 2019, has a tenure of 5.17 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 NOK20.57M. The average tenure of the management team and the board of directors is 5 years and 1.4 years respectively.

Key information

Erik Johnsen

Chief executive officer

NOK 8.4m

Total compensation

CEO salary percentage55.6%
CEO tenure5.2yrs
CEO ownership0.7%
Management average tenure5yrs
Board average tenure1.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Erik Johnsen's remuneration changed compared to B2 Impact's earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD787.44K) is about average for companies of similar size in the UK market ($USD759.57K).

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


CEO

Erik Johnsen (64 yo)

5.2yrs

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 Officer5.2yrsNOK 8.39m0.67%
NOK 20.6m
André Adolfsen
Chief Financial Officer3.9yrsNOK 5.39mno data
Adam Parfiniewicz
Chief Operating Officerno dataNOK 4.86m0.0016%
NOK 50.2k
Endre Solvin-Witzo
Chief Investment Officer3yrsNOK 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 Officer5yrsNOK 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 Controller8.2yrsno datano data

5.0yrs

Average Tenure

53yo

Average Age

Experienced Management: B2IO's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Adele Bugge Pran
Independent Director6.4yrsNOK 427.00k0.024%
NOK 752.4k
Ellen Hanetho
Independent Directorless than a yearno data0.0091%
NOK 278.8k
Harald Thorstein
Independent Chair of the Board4.4yrsNOK 830.00k0.098%
NOK 3.0m
Anders Engdahl
Independent Directorless than a yearno datano data
Henrik Wennerholm
Independent Directorless than a yearno data0.53%
NOK 16.4m
Ann Sparrfeldt
Independent Director1.4yrsNOK 200.00kno data
Trond Andreassen
Independent Director4.4yrsNOK 379.00k0.081%
NOK 2.5m

1.4yrs

Average Tenure

50yo

Average Age

Experienced Board: B2IO's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/06 10:10
End of Day Share Price 2024/07/09 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

B2 Impact ASA is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Ulrik ZürcherBeringer Finance AB
Johan StrömCarnegie Investment Bank AB