Fair Games ApS
Private limited companyCVR 43302981Aarhus CActive
Fair Games ApS is a private limited company, based in Aarhus C, active in publishing of computer games, founded in 2022. Net profit rose 472% from 2024 to 2025, ending at DKK 13.1m. Equity grew to DKK 20.9m in 2025. Gross profit is higher than that of 85% of the companies in the industry in the database.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 198% (2024 → 2025), to DKK 22.5m.
- Net profit rose 472% (2024 → 2025), to DKK 13.1m.
- Equity rose 169% (2024 → 2025), to DKK 20.9m.
Management and owners, last 24 months
- New owners registered: Sold Out Sales & Marketing Ltd (07/10/2026).
- No longer registered as owner: Antequera Holding ApS (07/10/2026) and Mads Skovgaard Holding ApS (07/10/2026).
Registrations, last 24 months
- 06/11/2025: Moved to Filmbyen 27, st. tv, 8000 Aarhus C
- 01/01/2025: Industry changed to Publishing of computer games (582100)
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2022–2025 · amounts in DKK thousandEquity and net profit
| 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | – |
| Gross profit | 9,380 | 10,315 | 7,530 | 22,464 | +198.3% |
| Operating profit (EBIT) | 5,699 | 8,291 | 2,664 | 17,163 | +544.4% |
| Profit before tax | 5,758 | 8,234 | 2,951 | 16,843 | +470.8% |
| Net profit | 4,485 | 6,423 | 2,297 | 13,132 | +471.6% |
| Total assets | 6,207 | 7,589 | 8,773 | 25,069 | +185.8% |
| Equity | 4,547 | 5,470 | 7,767 | 20,899 | +169.1% |
| Liabilities | 1,653 | 2,115 | 1,006 | 4,167 | +314.3% |
| Cash and cash equivalents | 5,583 | 4,065 | 7,053 | 12,619 | +78.9% |
| Average number of employees | 1 | 3 | 7 | 8 | +14.3% |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Annual reports
4 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 19/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 31/03/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 03/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 08/03/2023 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
74 companies in the databaseComparison with the other companies in publishing of computer games based on the latest financial year.
Industry median: gross profit DKK 1.4m, net profit −DKK 15,246, equity DKK 416k, 3 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 1,283of 69,742 Better than 98% | No. 5,614of 69,964 Better than 92% |
| Same industry and fewer than 20 employees59 companies in the comparison | No. 1of 59 Better than 100% | No. 3of 59 Better than 97% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 373of 16,614 Better than 98% | No. 551of 16,661 Better than 97% |
| All companies of type ApS66,508 companies in the comparison | No. 2,118of 66,379 Better than 97% | No. 4,093of 66,505 Better than 94% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Publishing of computer games- Fair Games ApSDKK 22.5m
- Io Interactive A/SDKK 469.5m
- Sybo ApSDKK 367.5m
- Fair Games ApSDKK 13.1m
- Io Interactive A/SDKK 143.4m
- Sybo ApSDKK 137.2m
- Fair Games ApSDKK 20.9m
- Io Interactive A/SDKK 809.3m
- Sybo ApSDKK 178.2m
- Fair Games ApS8
- Io Interactive A/S192
- Sybo ApS108
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Sold Out Sales & Marketing Ltd100%
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mads Skovgaard Pedersen | Director | 02/06/2022 |
| Christian Nyhus Andreasen | Director | 29/03/2023 |
- Auditor
- Grant Thornton, Godkendt Revisionspartnerselskab
- Founders
- Mads Skovgaard Pedersen
Signing rule: Selskabet tegnes af én direktør
Address and production units
1 active production unitsFilmbyen 27
8000 Aarhus C
Aarhus Municipality · Postcode 8000
Other companies at the address (3)
- Arkaden Production ApSPublishing of newspapers
- Gob Chop Games ApSPublishing of computer games
- Chop Chop Games ApSPublishing of computer games
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Fair Games ApS | Filmbyen 27, st. tv, 8000 Aarhus C | 8 | 1028304443 |
Purpose
Selskabets formål er at drive virksomhed omhandlende computerprogrammering, herunder online PC-spil samt anden aktivitet, der efter direktionens skøn er beslægtet hermed.
The purpose is quoted from the register in Danish.
Changes year by year
21 registered events20264 changesownership 3 · accounts 1
- OwnershipSold Out Sales & Marketing Ltd registered as owner (100%)
- OwnershipAntequera Holding ApS is no longer registered as owner
- OwnershipMads Skovgaard Holding ApS is no longer registered as owner
- AccountsAnnual report for 2025 published
20253 changesaddress 1 · accounts 1 · industry 1
- AddressMoved to Filmbyen 27, st. tv, 8000 Aarhus C
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Publishing of computer games (582100)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20238 changesaddress 2 · capital 1 · management 1 · ownership 3 · accounts 1
- AddressMoved to Filmbyen 19, 1, 8000 Aarhus C
- CapitalShare capital changed from 40,000 DKK to 44,445 DKK
- ManagementChristian Nyhus Andreasen appointed director
- OwnershipAntequera Holding ApS registered as owner (10%)
- OwnershipMads Skovgaard Holding ApS registered as owner (90%)
- OwnershipMads Skovgaard Holding ApS is no longer registered as owner
- AccountsAnnual report for 2022 published
- AddressMoved to Filmbyen 19, 1, 8000 Aarhus C
20225 changesownership 3 · founded 1 · management 1
- OwnershipMads Skovgaard Holding ApS registered as owner (100%)
- OwnershipMads Skovgaard Pedersen is no longer registered as owner
- FoundedRegistered as Fair Games ApS
- ManagementMads Skovgaard Pedersen appointed director
- OwnershipMads Skovgaard Pedersen registered as owner (100%)
Related companies
Same industry in Aarhus
- Funday Games ApS53 employees
- Gob Chop Games ApS8 employees
- Doktor ApS3 employees
- Chop Chop Games ApS3 employees
- Arusio ApS2 employees
- Kong Orange ApS2 employees
Largest in the industry
- Io Interactive A/SDKK 469.5m
- Sybo ApSDKK 367.5m
- Cego A/SDKK 201.1m
- Tactile R&d ApSDKK 129.3m
- Ghost Ship Games ApSDKK 73.1m
- Playdead ApSDKK 67.9m
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.