Board Change • May 20
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Director Adele Bugge Pran is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Duyuru • Feb 13
B2 Impact ASA announces Annual dividend, payable on June 03, 2026 B2 Impact ASA announced Annual dividend of NOK 1.9000 per share payable on June 03, 2026, ex-date on May 26, 2026 and record date on May 27, 2026. Duyuru • Dec 19
B2 Impact ASA, Annual General Meeting, May 22, 2026 B2 Impact ASA, Annual General Meeting, May 22, 2026. Duyuru • May 22
B2 Impact ASA Announces Board Changes B2 Impact ASA at its AGM held on May 22, 2025, appointed Ole Grøterud (Chair) to the Board of Directors. It also elected the following persons as members of the nomination committee. Jon Harald Nordbrekken, chair, Niklas Wiberg, member, Jorgen Stenshagen, member. Duyuru • Feb 13
B2 Impact ASA Proposes Cash Dividend, Payable or or About 2 June 2025 B2 Impact ASA proposed cash dividend of NOK 1.50 per share. Ex-date is 23 May 2025. Record date is 26 May 2025. Payment date is 2 June 2025 (on or about). Date of approval (AGM) is 22 May 2025. Duyuru • Dec 12
B2 Impact ASA, Annual General Meeting, May 22, 2025 B2 Impact ASA, Annual General Meeting, May 22, 2025. Duyuru • Oct 23
B2 Impact ASA Announces Dividend, Payable on 31 October 2024 B2 Impact ASA announced that a dividend of NOK 0.60 per share will be distributed on 31 October 2024 to registered shareholders as of 22 October 2024. The shares in B2 Impact ASA will be quoted ex-dividend on 23 October 2024. Upcoming Dividend • May 17
Upcoming dividend of kr0.70 per share Eligible shareholders must have bought the stock before 24 May 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 8.0%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.4%). Declared Dividend • Feb 25
Dividend of kr0.70 announced Shareholders will receive a dividend of kr0.70. Ex-date: 24th May 2024 Payment date: 3rd June 2024 Dividend yield will be 103%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 25% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 99% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Feb 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (170% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Duyuru • Dec 27
B2 Impact ASA Announces Management Changes An extraordinary general meeting of B2 Impact ASA was held on 27 December 2023 approved Board members Trygve Lauvdal, Kjetil Andreas Garstad and Grethe Wittenberg Meier step down from the Board. Anders Engdahl, Henrik Wennerholm and Ellen Hanetho are elected as new members to the Board until the Annual General Meeting in 2024. After this, the Board consists of the following members: Harald L. Thorstein, Chair of the BoardAdele Bugge Norman Pran, member, Trond Kristian Andreassen, member, Ann Jessica Sparrfeldt, member, Anders Engdahl, member, Henrik Wennerholm, member, Ellen Hanetho, member. The Company's nomination committee shall consist of the following members for the period up to the annual general meeting in 2024: Hans Thrane Nielsen, chair; Kjetil Andreas Garstad, member; Niklas Wiberg, member. The Company's nomination committee shall consist of the following members for the period up to the annual general meeting in 2024: Hans Thrane Nielsen, chair, Kjetil Andreas Garstad, member and Niklas Wiberg, member. New Risk • Nov 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (168% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Duyuru • Jul 12
B2Holding ASA (OB:B2H) agreed to acquire Portfolio of Non-performing Loans from Financiera El Corte Inglés E.F.C., S.A. B2Holding ASA (OB:B2H) agreed to acquire Portfolio of Non-performing Loans from Financiera El Corte Inglés E.F.C., S.A. on July 10, 2023. Financiera El Corte Inglés has placed a portfolio of non-performing loans with a nominal value of close to €70 million for sale. Upcoming Dividend • May 19
Upcoming dividend of kr0.20 per share at 2.7% yield Eligible shareholders must have bought the stock before 26 May 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.7%). Duyuru • Feb 15
B2Holding ASA Proposes Cash Dividend Payable on 5 June 2023 B2Holding ASA proposes cash dividend of NOK 0.20 per share at the AGM to be held on May 25, 2023. Ex-date: 25 May 2023. Record d date: 30 May 2023. Payment date: 5 June 2023. Board Change • Nov 17
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director Adele Bugge Pran is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Buying Opportunity • Sep 02
Now 20% undervalued Over the last 90 days, the stock is up 4.5%. The fair value is estimated to be €1.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 48%. Revenue is forecast to grow by 37% in 2 years. Earnings is forecast to grow by 83% in the next 2 years. Recent Insider Transactions • Aug 24
Insider recently sold €139k worth of stock On the 23rd of August, Endre Solvin-Witzø sold around 150k shares on-market at roughly €0.93 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €180k more than they sold in the last 12 months. Duyuru • Aug 21
An unknown buyer agreed to acquire Debt Collection Agency AD from B2Holding ASA (OB:B2H) for €48.4 million. An unknown buyer agreed to acquire Debt Collection Agency AD from B2Holding ASA (OB:B2H) for €48.4 million on August 19, 2022. The closing of the transaction is subject to relevant regulatory approvals in Bulgaria and is expected in October. Upcoming Dividend • May 18
Upcoming dividend of kr0.42 per share Eligible shareholders must have bought the stock before 25 May 2022. Payment date: 02 June 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.3%). In line with average of industry peers (4.6%). Board Change • Apr 29
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Thale Susanne Solberg was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Apr 27
B2Holding ASA Proposes Dividend for 2021 B2Holding ASA proposed a dividend of NOK 0.42 per share for 2021 for the Annual General Meeting, to be held on 24 May 2022. Buying Opportunity • Mar 08
Now 27% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be kr1.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% per annum over the last 3 years. Earnings per share has grown by 14% per annum over the last 3 years. Duyuru • Feb 11
B2Holding ASA Proposes Dividend, Payable on 2 June 2022 B2Holding ASA proposed dividend of NOK 0.42 per share at annual general meeting to be held on May 24, 2022. Ex-date is 25 May 2022. Record date is 27 May 2022. Payment date is 2 June 2022. Recent Insider Transactions • Feb 11
Chief Executive Officer recently bought €114k worth of stock On the 10th of February, Erik Johnsen bought around 120k shares on-market at roughly €0.95 per share. This was the largest purchase by an insider in the last 3 months. This was Erik's only on-market trade for the last 12 months. Executive Departure • May 27
Independent Director has left the company On the 20th of May, Kari Moe's tenure as Independent Director ended after 5.0 years in the role. As of March 2021, Kari personally held only 6.20k shares (€1.9k worth at the time). Kari is the only executive to leave the company over the last 12 months. Duyuru • May 21
B2holding ASA Approves Cash Dividend for the Year of 2020 B2Holding ASA resolved cash dividend of NOK 0.35 per share at annual general meeting held on 20 May 2021 for the financial year 2020. Duyuru • Apr 29
B2Holding ASA Proposes Dividends for the Financial Year 2020 B2Holding ASA proposed dividend of NOK 0.35 per share for the financial year 2020. Is New 90 Day High Low • Mar 09
New 90-day high: €0.75 The company is up 17% from its price of €0.64 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Finance industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.42 per share. Is New 90 Day High Low • Jan 14
New 90-day high: €0.72 The company is up 16% from its price of €0.62 on 16 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Finance industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.62 per share. Is New 90 Day High Low • Dec 17
New 90-day high: €0.66 The company is up 8.0% from its price of €0.62 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.44 per share. Recent Insider Transactions • Nov 12
Chief Executive Officer recently bought €39k worth of stock On the 3rd of November, Erik Johnsen bought around 70k shares on-market at roughly €0.56 per share. In the last 3 months, there was an even bigger purchase from another insider worth €72k. Erik has been a buyer over the last 12 months, purchasing a net total of €97k worth in shares. Duyuru • Nov 04
B2Holding ASA Announces Appointment of André Adolfsen as CFO B2Holding ASA announced that André Adolfsen has joined as new CFO starting from November. Is New 90 Day High Low • Oct 12
New 90-day high: €0.66 The company is up 69% from its price of €0.39 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.37 per share. Recent Insider Transactions • Oct 07
Board Member recently bought €22k worth of stock On the 29th of September, Trond Andreassen bought around 40k shares on-market at roughly €0.55 per share. In the last 3 months, they made an even bigger purchase worth €72k. Despite this recent purchase, insiders have collectively sold €574k more in shares than they bought in the last 12 months. Recent Insider Transactions • Oct 02
Board Member recently bought €22k worth of stock On the 29th of September, Trond Andreassen bought around 40k shares on-market at roughly €0.55 per share. In the last 3 months, they made an even bigger purchase worth €72k. Despite this recent purchase, insiders have collectively sold €574k more in shares than they bought in the last 12 months. Duyuru • Jul 24
B2 Holding Ordinary Shares Deleted from Other OTC B2 Holding AS Ordinary Shares (Norway) deleted from other OTC effective from June 23, 2020 due to Inactive Security. 
