"In terms of their wage structure, Glimt maintains a wage-to-revenue ratio of approximately 45%, which is significantly below the average in Europe, and this helps the club to remain profitable even in years when they don't qualify for the Champions League group stages. Despite that, Bodo/Glimt have been able to multiply player wages by no less than ten in five years and still manage to maintain a sustainable structure thanks to income from the European club competitions.
Salaries have increased in line with their achievements, and Bodo/Glimt clearly top the rankings in the Norwegian Eliteserie in terms of the wage bill. Last year, the club paid out 346 million Norwegian kroner (approx. €31 million) in salaries – an increase of 116 million Norwegian kroner (approx. €11 million) from 2024.
In comparison, Brann had its best financial year last year. The Bergen club paid out 142 million Norwegian kroner (approx. €13 million) in wages, over 200 million Norwegian kroner (approx. €17 million) less than Glimt."
https://www.flashscore.com/news/soccer-eliteserien-bodo-glimt-s-transformation-from-near-bankruptcy-into-70-million-arctic-powerhouse/xxYV93Jj/