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GLOBAL BLUE NORGE AS
AS
Active
Org 845731322
Martin Linges Vei 25, 1364 Fornebu
Other business support service activities n.e.c. · NACE 8299
Est. 1987
23 employees
www.global-blue.com
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 87,7M
+29% vs 2024
EBITDA margin
7.6%
-3% vs 2024
Equity ratio
17.4%
Financial strength
Net profit 2025
NOK 8,2M
-9% vs 2024
EBITDA — year on year
NOK millions
9M
4M
-1M
-6M
-11M
-7M
2021
-9M
-29%
2022
0M
+100%
2023
7M
+700%
2024
7M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 87,7M
+29%
EBITDA
NOK 6,7M
-3%
Net profit
NOK 8,2M
-9%
Total assets
NOK 119,3M
+27%
Equity
NOK 20,8M
+65%
Employees
23
—
Company information
Legal name
GLOBAL BLUE NORGE AS
Org number
845731322
Legal form
Aksjeselskap
NACE code
8299 · Other business support service activities n.e.c.
Founded
14. september 1987
Share capital
NOK 114 000
Employees
23 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-03-31
Financial year
January – December
Signatory rights
Daglig leder alene eller styrets medlemmer hver for seg.
Contact
Address
Martin Linges Vei 25, 1364 Fornebu
Website
www.global-blue.com
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Companies in Other business support service activities n.e.c.
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Revenue
NOK millions
0M
25M
51M
76M
101M
3M
2021
9M
2022
35M
2023
68M
2024
88M
2025
EBITDA
NOK millions
0M
2M
4M
6M
8M
-7M
2021
-9M
2022
0M
2023
7M
2024
7M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
3 274
8 630
34 799
67 906
87 730
Staff expenses
−3 497
−7 744
−9 946
−0
−11 940
EBITDA
−7 015
−9 181
77
6 860
6 679
Depreciation & amort.
−198
−217
−156
−0
−224
EBIT
−7 214
−9 398
−79
6 860
6 455
Net financials
2 728
426
−662
2 127
4 041
Profit before tax
−4 486
−8 972
−741
8 987
10 497
Tax
−0
−0
−0
−0
−0
Net profit
−4 486
−8 972
−741
8 987
8 170
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
65 025
64 549
64 078
94 009
119 325
Equity
13 236
6 228
5 630
12 624
20 794
Long-term debt
0
0
0
0
0
Short-term debt
51 789
58 322
58 448
81 385
98 531
Total debt
51 789
58 322
58 448
81 385
98 531
Financial ratios
5-year trend
EBITDA margin
7.6%
This company
15.8%
Market median
-52% vs market
2021
2025
Equity ratio
17.4%
This company
38.2%
Market median
-54% vs market
2021
2025
Return on equity
39.3%
This company
18.4%
Market median
+114% vs market
2021
2025
Net profit margin
9.3%
This company
8.1%
Market median
+15% vs market
2021
2025
Asset turnover
0.74×
This company
1.12×
Market median
-34% vs market
2021
2025
Debt / equity
4.74×
This company
0.62×
Market median
-665% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2024-04-01 – 2025-03-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2023-04-01 – 2024-03-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2022-04-01 – 2023-03-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2021-04-01 – 2022-03-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2020-04-01 – 2021-03-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
GV
Geir Victor Svendsen
Chairman
2022
CS
Christopher Skjoldhammer
Board of Directors
2022
RH
Roxane Helene Frederique Dufour
Board of Directors
2022
Former (1)
LE
Loic Emile Andre Jenouvrier
Board of Directors
2021 – 2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Global Blue Holland Bv
Company
100%
100%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of GLOBAL BLUE NORGE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Geir Victor Svendsen
Chairman
0 companies
Christopher Skjoldhammer
Board of Directors
0 companies
Loic Emile Andre Jenouvrier
Board of Directors
0 companies
Roxane Helene Frederique Dufour
Board of Directors
0 companies