Interim report 3Q 2015 --
30 October 2015
INTRODUCTION
Introduction to B2Holding
INTERIM REPORT 3Q 2015
100% owned
Located in Sweden
24 employees
100% owned
Located in Norway
4 employees
B2Kapital
Balkans
100% owned
Includes entities in
Croatia, Slovenia, Serbia
and Montenegro 110 employees
100% owned
Located in Finland
147 employees
100% owned
Located in Latvia
76 employees
100% owned
Located in Poland
789 employees
Introduction
Debt purchaser established in 2011 with servicing platforms located in the Nordics, the Baltics, Poland and the Balkans
Estimated Remaining Collection ("ERC") from NOK 1,372m in 2013 to NOK 5,316m as of September 30th 2015
1,158 employees
Share listed OTC, IPO planned for 2Q 2016
Presence | Ownership | ||||||||||
Operations and portfolios: | |||||||||||
Norway | Rasmussengruppen | ||||||||||
Sweden | |||||||||||
Finland | 18% | ||||||||||
Estonia | |||||||||||
Latvia | |||||||||||
Poland | Other 41% | ||||||||||
Croatia | |||||||||||
Serbia | |||||||||||
Slovenia | 17% Prioritet | ||||||||||
Montenegro | |||||||||||
Portfolios - no operation: | |||||||||||
Italy | |||||||||||
Lithuania | |||||||||||
2% | 7% | ||||||||||
Denmark | |||||||||||
2% | |||||||||||
2% | |||||||||||
Romania | 5% | Valset Invest | |||||||||
Arctic Funds | 3% | 4% | |||||||||
Offices: | Vevlen Gård | Stenshagen Invest | |||||||||
Indigo Invest |
Austria | Greenway | Bryn Invest |
Luxembourg | ||
Netherlands |
2
INTRODUCTION
Management and BoD
INTERIM REPORT 3Q 2015
Management
CEO
Olav Dalen Zahl
Office Manager
Ingeborg Andresen
CFO
Harald Henriksen
Strategy/Business | |||
Development/M&A | |||
Accounting/Controlling/Risk | Henrik Wennerholm | ||
Rasmus Hansson | |||
Erik Just Johnsen |
Legal | |
Thor Christian Moen | Chief Investment Officer |
Jeremi Bobowski
Board of Directors
Jon Harald Nordbrekken - Chairman and Founder
- Former CEO of Intrum Justitia Norway
- Founded Aktiv Kapital in 1991, CEO until 1998, chairman from 1998 to 2004
- In 2005, he founded B2Holding AS, parent to both Gothia Financial Group and Bank2
- Established the "new" B2H in 2011
Trygve Lauvdal - Board member
- Board member since 2013
- Investment director at Rasmussengruppen AS, an investment company owned by the Rasmussen family with substantial interests in real estate, shipping and financial holdings and equity of appr. USD 1.5bn
Niklas Wiberg - Board member
- Board member since 2013
- Sales Manager at Prioritet Finans AB, Sweden's largest buyer of invoices. Prioritet Finans is owned by the Wiberg family, and has appr. USD 150m equity
Kjetil Garstad- Board member
- Board member since 2014
- Currently analyst at Stenshagen Invest AS, a family owned investment office managing a concentrated portfolio of NOK 1.2bn in equities only
- From 2007 to 2014 Mr Garstad was Head of oil services and partner in Arctic Securities
Per Kristian Spone - Board member
- Board member since start-up
- CFO of Indigo Invest AS, an investment company owned by the Bentsen family. Development of car parks, real estate and financial investments
3
INTERIM REPORT 3Q 2015
STATUS
B2Holding current status
Highlights
B2Holding has established itself as one of the leading players in the markets where the Group operates
Strategic acquisitions carried out in 2014 has strengthened the Group's position in the Baltics and CEE, and B2Holding has a strong platform for further growth
Centre of excellence for portfolio investments established in Luxembourg
Analysis, valuation, scoring and benchmarking to be carried out by an experienced team
Overall portfolio activity is high, with several investment opportunities in the Group's existing markets
Strong growth and strong portfolio pipeline
M&A opportunities are under evaluation
4
FINANCIALS
Key financial highlights (MNOK)
Total operating revenue | Total cash revenue |
Portfolio acquisitions | ERC |
INTERIM REPORT 3Q 2015
5
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
B2 Impact ASA published this content on 04 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 October 2023 13:26:13 UTC.