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B2 Impact ASA (B2I.OL)

NOK24.70 +0.25 (+1.02%)
NO OSL Financial Services Financial - Credit Services
Address Cort Adelers gate 30 254
Oslo, NO
CEO Trond Kristian Andreassen
IPO 2016-06-08
ISIN NO0010633951

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Also trades on Oslo Stock Exchange · B2H.OL (NOK) Oslo Stock Exchange · B2I.OL (NOK)
Description

B2 Impact ASA, along with its subsidiaries, specializes in offering a wide array of debt management solutions. A core aspect of their business involves the acquisition, administration, and recovery of both unsecured and secured non-performing loan portfolios. Beyond these primary functions, their services encompass providing credit intelligence, third-party debt collection, consumer lending, telemarketing, and fraud prevention measures. The company's extensive operational presence spans numerous European nations, including Norway, Sweden, Denmark, Finland, Estonia, Latvia, Lithuania, Poland, Croatia, Slovenia, Serbia, Montenegro, Bosnia and Herzegovina, the Czech Republic, Hungary, Spain, Italy, France, Romania, Greece, and Cyprus. Founded in 2008, the enterprise, headquartered in Oslo, Norway, was previously known as B2Holding SAS before adopting its current name, B2 Impact ASA, in September 2023.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
NOK24.70 +0.25 (+1.02%)
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Volume Profile
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Liquidity & share structure
Average Volume
539.4K
Beta
0.64
Float Shares
199.10M
Free Float %
53.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.66% +0.85% -4.62% +0.42% +44.64% +27.01% +88.79% +214.15% +133.99% +90.00% +90.00%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
24.70
DCF (Unlevered) 12.95 -47.6%
DCF (Levered) 153.51 +521.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 3 +1
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.00
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Financial - Credit Services: +13.2%
    +3.6% Q1'26: +11.7% (vs Q1'25)
  • EPS growth Financial - Credit Services: +24.0%
    +121.3% Q1'26: +31.4% (vs Q1'25)
  • FCF margin FCF growth · Financial - Credit Services: +70.9%
    +21.4% Q1'26: +120.1% (vs Q1'25)
  • EBIT margin Financial - Credit Services: +28.7%
    +48.0% Q1'26: +26.0% (vs Q1'25)
  • ROIC Financial - Credit Services: +5.0%
    +8.6% Q1'26: +4.5% (vs Q1'25)
  • Share dilution Financial - Credit Services: +0.0%
    +1.3% Q1'26: +1.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Financial - Credit Services: 4.07×
    5.64× Q1'26: 10.52× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.93) × ERP
WACC = 46% × Ke + 54% × Kd (9.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 12.95 Current price: 24.70
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
2 Rev. Ana.
2 EPS Ana.
Dec 2027
3 Rev. Ana.
3 EPS Ana.
Dec 2028
3 Rev. Ana.
3 EPS Ana.
Revenue
3.51B
est: 4.03B (-12.8%)
3.48B
est: 4.29B (-19.0%)
3.60B
est: 4.02B (-10.3%)
4.74B
4.72B – 4.75B
+18.0% YoY
5.06B
4.88B – 5.21B
+6.8% YoY
5.26B
5.15B – 5.35B
+3.9% YoY
EBITDA
563.00M
est: 725.96M (-22.4%)
449.00M
est: 1.06B (-57.7%)
1.83B
est: 993.92M (+84.1%)
1.17B
1.17B – 1.18B
+18.0% YoY
1.25B
1.21B – 1.29B
+6.8% YoY
1.30B
1.28B – 1.32B
+3.9% YoY
EBIT
468.00M
est: 609.68M (-23.2%)
358.00M
est: 945.16M (-62.1%)
1.73B
est: 884.34M (+95.6%)
1.04B
1.04B – 1.05B
+18.0% YoY
1.11B
1.07B – 1.15B
+6.8% YoY
1.16B
1.13B – 1.18B
+3.9% YoY
Net Income
363.00M
est: 296.66M (+22.4%)
277.00M
est: 481.31M (-42.4%)
621.00M
est: 663.00M (-6.3%)
812.63M
770.04M – 848.54M
+22.6% YoY
908.57M
870.79M – 926.13M
+11.8% YoY
942.97M
921.49M – 977.68M
+3.8% YoY
SGA
675.00M
est: 790.22M (-14.6%)
686.00M
est: 833.80M (-17.7%)
680.00M
est: 780.15M (-12.8%)
920.25M
917.40M – 923.09M
+18.0% YoY
982.71M
948.33M – 1.01B
+6.8% YoY
1.02B
1.00B – 1.04B
+3.9% YoY
EPS
0.94
est: 0.80 (+17.0%)
0.75
est: 1.29 (-41.7%)
1.68
est: 1.81 (-7.0%)
2.16
2.06 – 2.27
+19.7% YoY
2.40
2.33 – 2.48
+11.1% YoY
2.53
2.46 – 2.61
+5.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-22 B 3/5 3/5 4/5 5/5 1/5 2/5 2/5
2026-05-21 B 3/5 3/5 4/5 5/5 1/5 2/5 2/5
2026-05-20 B 3/5 3/5 4/5 5/5 1/5 2/5 2/5
2026-05-19 B 3/5 3/5 4/5 5/5 1/5 2/5 2/5
2026-05-18 B 3/5 3/5 4/5 5/5 1/5 2/5 2/5
2026-05-15 B 3/5 3/5 3/5 5/5 1/5 3/5 2/5
2026-05-13 B 3/5 2/5 3/5 5/5 1/5 3/5 2/5
2026-05-12 B 3/5 2/5 3/5 5/5 1/5 3/5 2/5
2026-05-11 B 3/5 2/5 3/5 5/5 1/5 3/5 2/5
2026-05-08 B 3/5 2/5 3/5 5/5 1/5 3/5 2/5
2026-05-07 B 3/5 2/5 3/5 5/5 1/5 3/5 2/5
2026-05-06 B 3/5 2/5 3/5 5/5 1/5 3/5 2/5
2026-05-05 B 3/5 2/5 3/5 5/5 1/5 3/5 2/5
2026-05-04 B 3/5 2/5 3/5 5/5 1/5 3/5 2/5
2026-04-30 B 3/5 2/5 4/5 5/5 1/5 3/5 2/5
2026-04-29 B 3/5 2/5 4/5 5/5 1/5 3/5 2/5
2026-04-28 B 3/5 2/5 4/5 5/5 1/5 3/5 2/5
2026-04-27 B 3/5 2/5 4/5 5/5 1/5 3/5 2/5
2026-04-24 B+ 3/5 3/5 4/5 5/5 1/5 3/5 2/5
2026-04-23 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-22 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-21 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-20 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-17 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-16 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
4.46B
OE per share TTM
11.99
Owner's Yield
50.81%
Maintenance CapEx ratio
4.34%
Maint CapEx / Avg PPE
6.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 13 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Global X - MSCI Norway ETF NORW 0.22% 189.5K 0.50%
2 iShares MSCI Norway ETF ENOR 0.22% 202.3K 0.53%
3 Goldman Sachs Data Enhanced International Equity ETF GIEQ 0.16% 16.9K 0.30%
4 iShares MSCI Europe Small-Cap ETF IEUS 0.03% 53.1K 0.41%
5 Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L 0.03% 950.5K 0.30%
6 FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund TLTD 0.02% 134.1K 0.41%
7 Avantis International Small Cap Equity ETF AVDS 0.02% 62.7K 0.30%
8 State Street SPDR MSCI Europe Small Cap Value Weighted UCITS ETF EUR Acc ZPRX.DE 0.02% 119.9K 0.30%
9 Avantis Responsible International Equity ETF AVSD 0.01% 61.2K 0.23%
10 iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ 0.01% 26.3K 0.83%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.17M
Shares Outstanding
370.87M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Trond Kristian Andreassen Chief Executive Officer 6M male
André Holø Adolfsen Chief Financial Officer 5M male
Georgios Christoforou Chief Secured Asset Management 5M male
Endre Solvin-Witzo Chief Investment Officer 5M male
Adam Parfiniewicz Chief Operating Officer 4M male
Rasmus Michael Hansson Head of M&A and Investor Relations 3M male
Irene Berge Financial Controller female
Jan G. Hellinx General Counsel and Head of Legal, Compliance & Risk male
Jon Brede Smith Chief Group Controller male
Ida Marie Nygard Head of People & Communication female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits