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Globe Tracker ApS

CVR: 38102885

Growing 16% p.a.Small companyEstablished (9 yrs)Loss-making

Secondary names: Globe Tracker Europe ApS (Globe Tracker ApS), Globe Tracker Denmark ApS (Globe Tracker ApS), Globe Tracker US ApS (Globe Tracker ApS)

Previous names: GTI 12. oktober 2016 ApS

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About Globe Tracker ApS

Globe Tracker ApS is a Danish company of the type Anpartsselskab based in København K, founded in 2016. The company is registered under the industry Andre telekommunikationsaktiviteter. The company was previously named GTI 12. oktober 2016 ApS. The management consists of Joel undir Leitinum. The company is owned by Sp/f Framherji, P/F Tryggingarfelagið Lív and P/F Lív lívs- og pensiónstryggingarfelag. In 2024, the company reported revenue of DKK 14,224,000 and a net result of DKK -11,499,000 compared with DKK -57,839,000 the year before. Equity amounted to DKK 1,090,000.

The financial health of Globe Tracker ApS appears to be concerning, with a significant decline in revenue and increasing losses over the past few years. In 2024, revenue dropped to 14.2 million DKK from 102.7 million DKK in 2023, while the company reported a loss of 11.5 million DKK. Equity has deteriorated sharply, moving from 51.7 million DKK in 2020 to just 1.1 million DKK in 2024, indicating a precarious financial position. The declining revenue trend, coupled with substantial losses and negative equity in previous years, raises concerns about the company's sustainability and competitiveness within the telecommunications sector.

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Overview

Company type
APS
Anpartsselskab
Address
Linnésgade 25 4. tv, 1361 København K
KØBENHAVN
1361 København K
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Founded
12.10.2016

Details

Industry
Andre telekommunikationsaktiviteter
Code: 619000
Secondary industries
Computerprogrammering (621000)
Fremstilling af printplader o.lign. (261200)
Capital
104.807.176 kr.

Contact

Website
www.globetracker.com

Purpose

Virksomhedens formål er at udvikle og købe/sælge produkter til sporing og overvågning, samt enhver aktivitet, der efter ledelsens skøn er beslægtet hermed.

Location

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FinancialsUSD

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
202414.2 mio.-11.5 mio.21.9 mio.1.1 mio.47
2023102.7 mio.-57.8 mio.164.3 mio.-27.3 mio.31
2022124.3 mio.-41.7 mio.194.6 mio.-39 mio.27
202190.3 mio.-48.9 mio.109.1 mio.2.7 mio.30
202053.5 mio.-34.5 mio.75.5 mio.51.7 mio.24
201922.7 mio.-20.1 mio.53.1 mio.41.5 mio.20
20185.7 mio.-11.4 mio.43.2 mio.33.6 mio.17

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Industry Benchmarks

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Compared to 121 companies in Andre telekommunikationsaktiviteter

Revenue
Company14.2 mio.
Industry median1.3 mio.
10.6x
Profit margin
Company-80.8%
Industry median23.0%
100% below
Employees
Company47
Industry median6
7.8x
Equity ratio
Company5.0%
Industry median56.0%
11.3x below

Comparison is based on industry median values

Ownership

Owners
Sp/f Framherji
50-66,65%
P/F Tryggingarfelagið Lív
20-24,99%
P/F Lív lívs- og pensiónstryggingarfelag
25-33,32%
Globe Tracker ApS
CVR: 38102885

Management

Directors

Joel undir Leitinum(ADM. DIR.)

Board

Hjalti Hvítklett(FORMAND)
Joel undir Leitinum(BESTYRELSESMEDLEM)
Símin Pauli Svend Sivertsen(BESTYRELSESMEDLEM)

PEP screening

Screen owners and management against the Danish FSA's official PEP lists

Founders

Óli Meinertsson Hansen

Production units (1)

Globe Tracker ApS
P-no: 1021831456
Linnésgade 25 4. tv, 1361, København K
Andre telekommunikationsaktiviteter

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History

56 events
2026
Globe Tracker ApS updates contact informationJun 5, 2026

Contact info changed: new website: www.globetracker.com (June 5, 2026).

Globe Tracker ApS updates contact informationJun 3, 2026

Contact info changed: new website: www.globetracker.com (June 3, 2026).

Joel undir Leitinum joins the board of Globe Tracker ApSJun 1, 2026

As of June 1, 2026, Joel undir Leitinum has joined the board of directors of Globe Tracker ApS.

Fróði Magnussen leaves the board of Globe Tracker ApSJun 1, 2026

As of June 1, 2026, Fróði Magnussen has left the board of directors of Globe Tracker ApS.

Globe Tracker ApS changes addressFeb 9, 2026

Address changed to Linnésgade 25 4. tv 25, 4 tv, 1361 København K (February 9, 2026).

Globe Tracker ApS updates contact informationFeb 9, 2026

Contact info changed: new website: www.globetracker.com (February 9, 2026).

2025
Globe Tracker ApS: The 2024 annual report is outJul 15, 2025

Globe Tracker ApS has published its annual report for 2024. Revenue came to DKK 14,224,000, and the net result was DKK -11,499,000.

Hjalti Hvítklett joins the board of Globe Tracker ApSApr 29, 2025

As of April 29, 2025, Hjalti Hvítklett has joined the board of directors of Globe Tracker ApS.

Árni Holger Ellefsen leaves the board of Globe Tracker ApSApr 29, 2025

As of April 29, 2025, Árni Holger Ellefsen has left the board of directors of Globe Tracker ApS.

2024
Registered as owner of Globe Tracker ApSDec 30, 2024

As of December 30, 2024, is registered as an owner of Globe Tracker ApS with an ownership share of 50%.

Registered as owner of Globe Tracker ApSDec 30, 2024

As of December 30, 2024, is registered as an owner of Globe Tracker ApS with an ownership share of 20%.

Registered as owner of Globe Tracker ApSDec 30, 2024

As of December 30, 2024, is registered as an owner of Globe Tracker ApS with an ownership share of 25%.

Globe Tracker ApS: The 2023 annual report is outJul 11, 2024

Globe Tracker ApS has published its annual report for 2023. Revenue came to DKK 102,670,000, and the net result was DKK -57,839,000.

Árni Holger Ellefsen joins the board of Globe Tracker ApSJul 9, 2024

As of July 9, 2024, Árni Holger Ellefsen has joined the board of directors of Globe Tracker ApS.

Jan Jakobsen leaves the board of Globe Tracker ApSJul 9, 2024

As of July 9, 2024, Jan Jakobsen has left the board of directors of Globe Tracker ApS.

2023
Globe Tracker ApS: The 2022 annual report is outJul 5, 2023

Globe Tracker ApS has published its annual report for 2022. Revenue came to DKK 124,330,000, and the net result was DKK -41,748,000.

Joel undir Leitinum joins Globe Tracker ApS as adm. dir.Jul 1, 2023

As of July 1, 2023, Joel undir Leitinum is registered as adm. dir. of Globe Tracker ApS.

Richard Charles Meyers steps down as adm. dir. of Globe Tracker ApSJun 30, 2023

As of June 30, 2023, Richard Charles Meyers has stepped down as adm. dir. of Globe Tracker ApS.

Jan Jakobsen joins the board of Globe Tracker ApSJun 29, 2023

As of June 29, 2023, Jan Jakobsen has joined the board of directors of Globe Tracker ApS.

Joel undir Leitinum leaves the board of Globe Tracker ApSJun 29, 2023

As of June 29, 2023, Joel undir Leitinum has left the board of directors of Globe Tracker ApS.

Jákup Lamhauge steps down as director of Globe Tracker ApSJun 29, 2023

As of June 29, 2023, Jákup Lamhauge has stepped down as director of Globe Tracker ApS.

2022
Globe Tracker ApS: The 2021 annual report is outMay 25, 2022

Globe Tracker ApS has published its annual report for 2021. Revenue came to DKK 90,326,000, and the net result was DKK -48,942,000.

2021
Richard Charles Meyers joins Globe Tracker ApS as adm. dir.Dec 30, 2021

As of December 30, 2021, Richard Charles Meyers is registered as adm. dir. of Globe Tracker ApS.

Ólavur Ellefsen steps down as adm. dir. of Globe Tracker ApSDec 30, 2021

As of December 30, 2021, Ólavur Ellefsen has stepped down as adm. dir. of Globe Tracker ApS.

Globe Tracker ApS: The 2020 annual report is outJul 1, 2021

Globe Tracker ApS has published its annual report for 2020. Revenue came to DKK 53,549,942, and the net result was DKK -34,517,828.

Joel undir Leitinum joins the board of Globe Tracker ApSJun 16, 2021

As of June 16, 2021, Joel undir Leitinum has joined the board of directors of Globe Tracker ApS.

Fróði Magnussen joins the board of Globe Tracker ApSJun 16, 2021

As of June 16, 2021, Fróði Magnussen has joined the board of directors of Globe Tracker ApS.

Joel undir Leitinum leaves the board of Globe Tracker ApSJun 15, 2021

As of June 15, 2021, Joel undir Leitinum has left the board of directors of Globe Tracker ApS.

Fróði Magnussen leaves the board of Globe Tracker ApSJun 15, 2021

As of June 15, 2021, Fróði Magnussen has left the board of directors of Globe Tracker ApS.

Fróði Magnussen joins the board of Globe Tracker ApSMar 11, 2021

As of March 11, 2021, Fróði Magnussen has joined the board of directors of Globe Tracker ApS.

Ólavur Ellefsen leaves the board of Globe Tracker ApSMar 1, 2021

As of March 1, 2021, Ólavur Ellefsen has left the board of directors of Globe Tracker ApS.

Ólavur Ellefsen joins Globe Tracker ApS as adm. dir.Mar 1, 2021

As of March 1, 2021, Ólavur Ellefsen is registered as adm. dir. of Globe Tracker ApS.

2020
Globe Tracker ApS: The 2019 annual report is outAug 29, 2020

Globe Tracker ApS has published its annual report for 2019. Revenue came to DKK 22,695,015, and the net result was DKK -20,139,011.

Símin Pauli Svend Sivertsen joins the board of Globe Tracker ApSAug 28, 2020

As of August 28, 2020, Símin Pauli Svend Sivertsen has joined the board of directors of Globe Tracker ApS.

Henny Á Líknargøtu leaves the board of Globe Tracker ApSAug 28, 2020

As of August 28, 2020, Henny Á Líknargøtu has left the board of directors of Globe Tracker ApS.

2019
Globe Tracker ApS: The 2018 annual report is outJun 4, 2019

Globe Tracker ApS has published its annual report for 2018. Revenue came to DKK 5,743,891, and the net result was DKK -11,418,483.

Joel undir Leitinum joins the board of Globe Tracker ApSMay 31, 2019

As of May 31, 2019, Joel undir Leitinum has joined the board of directors of Globe Tracker ApS.

Jákup Lamhauge leaves the board of Globe Tracker ApSMay 31, 2019

As of May 31, 2019, Jákup Lamhauge has left the board of directors of Globe Tracker ApS.

Jákup Lamhauge joins the board of Globe Tracker ApSMay 16, 2019

As of May 16, 2019, Jákup Lamhauge has joined the board of directors of Globe Tracker ApS.

Ólavur Ellefsen joins the board of Globe Tracker ApSJan 4, 2019

As of January 4, 2019, Ólavur Ellefsen has joined the board of directors of Globe Tracker ApS.

Henny Á Líknargøtu joins the board of Globe Tracker ApSJan 4, 2019

As of January 4, 2019, Henny Á Líknargøtu has joined the board of directors of Globe Tracker ApS.

Johannus Gunnar Egholm Hansen leaves the board of Globe Tracker ApSJan 4, 2019

As of January 4, 2019, Johannus Gunnar Egholm Hansen has left the board of directors of Globe Tracker ApS.

Jóan Hendrik Egholm leaves the board of Globe Tracker ApSJan 4, 2019

As of January 4, 2019, Jóan Hendrik Egholm has left the board of directors of Globe Tracker ApS.

Ólavur Ellefsen leaves the board of Globe Tracker ApSJan 3, 2019

As of January 3, 2019, Ólavur Ellefsen has left the board of directors of Globe Tracker ApS.

2018
Globe Tracker ApS publishes interim reportMay 31, 2018

Globe Tracker ApS has published its interim report for the period October 12, 2016 – December 31, 2017.

2017
Johannus Gunnar Egholm Hansen joins the board of Globe Tracker ApSJun 27, 2017

As of June 27, 2017, Johannus Gunnar Egholm Hansen has joined the board of directors of Globe Tracker ApS.

Kaj Andreasen leaves the board of Globe Tracker ApSJun 27, 2017

As of June 27, 2017, Kaj Andreasen has left the board of directors of Globe Tracker ApS.

Magni Arge leaves the board of Globe Tracker ApSJun 27, 2017

As of June 27, 2017, Magni Arge has left the board of directors of Globe Tracker ApS.

GTI 12. oktober 2016 ApS changes name to Globe Tracker ApSJan 6, 2017

On January 6, 2017, the company changed its name from GTI 12. oktober 2016 ApS to Globe Tracker ApS.

2016
Globe Tracker ApS appoints new auditorDec 20, 2016

As of December 20, 2016, EY Godkendt Revisionspartnerselskab has been appointed auditor of Globe Tracker ApS.

Kaj Andreasen joins the board of Globe Tracker ApSDec 20, 2016

As of December 20, 2016, Kaj Andreasen has joined the board of directors of Globe Tracker ApS.

Jóan Hendrik Egholm joins the board of Globe Tracker ApSDec 20, 2016

As of December 20, 2016, Jóan Hendrik Egholm has joined the board of directors of Globe Tracker ApS.

Ólavur Ellefsen joins the board of Globe Tracker ApSDec 20, 2016

As of December 20, 2016, Ólavur Ellefsen has joined the board of directors of Globe Tracker ApS.

Magni Arge joins the board of Globe Tracker ApSDec 20, 2016

As of December 20, 2016, Magni Arge has joined the board of directors of Globe Tracker ApS.

Jákup Lamhauge joins Globe Tracker ApS as directorOct 12, 2016

As of October 12, 2016, Jákup Lamhauge is registered as director of Globe Tracker ApS.

Globe Tracker ApS is foundedOct 12, 2016

Globe Tracker ApS was founded on October 12, 2016.

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