GLOBAL BLUE DANMARK A/S

CVR 70986612 · Public limited company (A/S) · Active · Low risk

GLOBAL BLUE DANMARK A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -15.2m and a net result of DKK 2.0m.

Bankruptcy risk for GLOBAL BLUE DANMARK A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Missing annual report (overdue)Yes · bankruptcy rate 35.2%4.0×
Missed filing deadlines1 · bankruptcy rate 34.0%3.9×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
70986612
Status
Active
Company type
Public limited company (A/S)
Founded
(44 years)
Address
Nytorv 19, 2.
1450 København K
Municipality
København
Industry
Andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring (661900)
Bankruptcies in the industry: Formueforvaltning
Share capital
DKK 1.0m
Employees
28 (2018)
Auditor
Forvis Mazars Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late14 of 30
Missing annual reportYes
Negative equityYes
Equity ratio-71.3%
Current ratio55%
Moves (last 2 years)0
CEO changes in total13
CEO's previous bankruptcies0
Other companies at the address23
Going-concern uncertaintyYes

Financials and key figures

Financial year202520252024
Gross profitDKK 40.3mDKK 43.9mDKK 33.2m
Net profitDKK 2.0mDKK -1.7mDKK -2.4m
EquityDKK -15.2mDKK -17.1mDKK -15.5m
Total assetsDKK 25.3mDKK 24.0mDKK 19.1m
CashDKK 1.4mDKK 1.3m–
Short-term debtDKK 40.2mDKK 40.6m–
Avg. employees1517–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on audited financial statements · Forvis Mazars.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2024 – 31 Mar 2025199 Late
1 Apr 2023 – 31 Mar 2024197 Late
1 Apr 2022 – 31 Mar 2023150
1 Apr 2021 – 31 Mar 2022162
1 Apr 2020 – 31 Mar 2021169
1 Apr 2019 – 31 Mar 2020245 Late
1 Apr 2018 – 31 Mar 2019169
1 Apr 2017 – 31 Mar 201882
1 Apr 2016 – 31 Mar 2017136
1 Apr 2015 – 31 Mar 2016140
1 Apr 2014 – 31 Mar 2015142
1 Apr 2013 – 31 Mar 2014151
1 Apr 2012 – 31 Mar 2013138
1 Apr 2011 – 31 Mar 2012143
1 Apr 2010 – 31 Mar 2011105
1 Apr 2009 – 31 Mar 201095
1 Apr 2008 – 31 Mar 2009153
1 Apr 2007 – 31 Mar 2008160
1 Apr 2006 – 31 Mar 2007185 Late
1 Apr 2005 – 31 Mar 2006279 Late

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOJohn Rassing
CEOHelle Ilmi Holmegaard Larsen
CEOHans Günther Petersen
CEOJohannes Berg
CEOJónas Hagan Gudmundsson
CEOAnders Henriksson
CEOBrian Thorsted Hansen
CEOJan Rafael Møller
BoardJeremy Piers Henderson-RossCurrent
BoardRichard Henry BrownCurrent
BoardOrsolya Veronika ZsellérCurrent
BoardThomas David Hartwig
BoardSven Krogstrup
BoardMichael Gaarmann
BoardJohn Rassing
BoardNiels Peter Arnstedt
BoardSøren Birger Henriksen
BoardJan Erik Lind Laybourn
BoardHans Günther Petersen
BoardJakob Henrik Havsteen
BoardLars Barfoed
BoardKurt Thyregod-Nielsen
BoardNils Gustav Molander
BoardGorm Bjercke
BoardRalf Georg Galme
BoardPer Setterberg
BoardAnders Henriksson
BoardJonas Hagan Gudmundsson
BoardLars Göran Jönsson
BoardBrian Thorsted Hansen
BoardJohan Grönberg
BoardMartin Stapfs
BoardJan Rafael Møller
BoardHenrik Vrang Thomsen
BoardLuigi Gallazzini
BoardKari tapio Luttinen
BoardStine Juelner
BoardMichael André Fuchs
BoardJohan Robert Ehinger
BoardMichael André Fuchs
BoardLoic Emile André Jenouvrier
BoardMorten Winther
BoardRoxane Hélène Fréderique Dufour
BoardJan Rafael Møller
Owner (100%)Global Blue Holland BVCurrent
AuditorForvis Mazars Statsautoriseret RevisionspartnerselskabCurrent
AuditorCJ Partnership I/S
AuditorANDERSEN STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorEY Danmark A/S
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorCJ Partnership I/S
AuditorEY Danmark A/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Helle Ilmi Holmegaard Larsen – 4 other companies

Hans Günther Petersen – 6 other companies

Brian Thorsted Hansen – 7 other companies

Address history (3 moves)

Nytorv 19, 2., 1450 København K
Langebrogade 6F, st., 1411 København K
Overgaden Oven Vandet 48E, 1., 1415 København K
Alleen 84, 1., 2770 Kastrup

Former names

GLOBAL BLUE DANMARK A/S – now
GLOBAL REFUND DANMARK A/S –
EUROPE TAX-FREE SHOPPING DENMARK A/S –
DANISH TAX FREE SHOPPING A/S –
DINERS CLUB DANMARK TRADING ApS –

Employees per year

Number of employees at GLOBAL BLUE DANMARK A/S per year14282011: 1820112012: 2220122013: 2120132014: 2020142015: 1920152016: 2520162017: 2720172018: 282018

Other companies at the same address

Similar companies in København

Questions and answers about GLOBAL BLUE DANMARK A/S

Has GLOBAL BLUE DANMARK A/S gone bankrupt?

No, GLOBAL BLUE DANMARK A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of GLOBAL BLUE DANMARK A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of GLOBAL BLUE DANMARK A/S?

GLOBAL BLUE DANMARK A/S most recently used Forvis Mazars Statsautoriseret Revisionspartnerselskab.

When was GLOBAL BLUE DANMARK A/S founded?

GLOBAL BLUE DANMARK A/S was founded on 27 August 1982.

What is the equity of GLOBAL BLUE DANMARK A/S?

Equity was DKK -15.2m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.