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Sybo ApS

Private limited companyCVR 33858183København KActive

Sybo ApS is a private limited company, based in København K, active in publishing of computer games, founded in 2011. Net profit fell 7% from 2024 to 2025, ending at DKK 137.2m. Measured by gross profit, it ranks no. 2 of 74 companies in the industry in the database. With 108 employees, the company is about 36 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 457.6m+8.4% vs. 2024
Net profitDKK 137.2m−6.5% vs. 2024
EquityDKK 178.2m+7.6% vs. 2024
Employees108latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 15% (2024 → 2025), to DKK 367.5m.
  • Revenue rose 8% (2024 → 2025), to DKK 457.6m.
  • Net profit fell 7% (2024 → 2025), to DKK 137.2m.
  • Equity rose 8% (2024 → 2025), to DKK 178.2m.

Employees

  • 46 fewer employees than a year earlier: 108 (08/2026) against 154 (08/2025).

Management and owners, last 24 months

  • New in management: Andreas Pagh Glenvig (board member, 28/03/2025).
  • Stepped down: David Joseph Byrne (board member, 28/03/2025).

Registrations, last 24 months

  • 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 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 50mDKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250m202020212022202320242025
EquityNet profit
Financial figures for Sybo ApS
202020212022202320242025Change
Revenuenot statednot stated725,881457,593422,039457,565+8.4%
Gross profit108,866176,021477,269333,996319,056367,478+15.2%
Operating profit (EBIT)6,67252,392186,745197,166172,618198,111+14.8%
Profit before tax−5,32661,896209,334196,816187,953178,858−4.8%
Net profit−4,67651,688174,688152,577146,794137,197−6.5%
Total assets218,130247,863309,756274,703247,692319,349+28.9%
Equity110,395149,683248,815206,375165,669178,179+7.6%
Liabilities107,73498,18060,94168,32782,023141,171+72.1%
Cash and cash equivalents80,745125,100198,901133,567112,443164,470+46.3%
Average number of employees94101121150176155−11.9%

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 2020, 2021: 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

DKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500m202020212022202320242025
Gross profitMedian, the industry (74 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Sybo ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202526/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202402/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202324/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202207/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202129/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202008/12/2021The companyPDFXBRL

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 CVR
02040608010012014016018009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

74 companies in the database

Comparison with the other companies in publishing of computer games based on the latest financial year.

Gross profitDKK 367.5mNo. 2 of 74
Better than 99% of the companies in the industry
EquityDKK 178.2mNo. 2 of 74
Better than 99% of the companies in the industry
Number of employees108No. 3 of 74
Better than 97% of the companies in the industry

Industry median: gross profit DKK 1.4m, net profit −DKK 15,246, equity DKK 416k, 3 employees.

DKK 100kDKK 828kDKK 6.9mDKK 56.7mDKK 232.1mHere
Distribution of gross profit for 58 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 50–199 employees4,467 companies in the comparison
No. 61of 4,412
Better than 99%
No. 385of 4,466
Better than 91%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 153of 24,791
Better than 99%
No. 865of 24,909
Better than 97%
All companies of type ApS66,508 companies in the comparison
No. 55of 66,379
Better than 100%
No. 661of 66,505
Better than 99%

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
Gross profit
  1. Sybo ApSDKK 367.5m
  2. Io Interactive A/SDKK 469.5m
  3. Cego A/SDKK 201.1m
Net profit
  1. Sybo ApSDKK 137.2m
  2. Io Interactive A/SDKK 143.4m
  3. Cego A/SDKK 79.5m
Equity
  1. Sybo ApSDKK 178.2m
  2. Io Interactive A/SDKK 809.3m
  3. Cego A/SDKK 96.1m
Employees
  1. Sybo ApS108
  2. Io Interactive A/S192
  3. Cego A/S31

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Miniclip Denmark ApS100%
Sybo ApS

Management

6 active registrations

Executive management

Executive management at Sybo ApS
NameRoleAppointed
Mathias Gredal NørvigCEO01/05/2017

Board of directors

Board of directors at Sybo ApS
NameRoleAppointed
Mathias Gredal NørvigBoard member07/07/2022
Saad ChoudriBoard member07/07/2022
Stefan BeurierBoard member07/07/2022
Robert Edward Aymer SmallChair of the board07/07/2022
Andreas Pagh GlenvigBoard member28/03/2025
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Founders
Sybo Holding ApS, Capnova A/S, Cat Seed A/S
Former management (8)
Former management at Sybo ApS
NameRoleAppointedResigned
Erik Sylvester Rishøj JensenDirector07/07/201107/07/2022
Caspar StrandbygaardBoard member07/07/201131/10/2012
Bodie Daniel Jahn-MullinerCEO07/07/201130/04/2017
Allan RasmussenChair of the board07/07/201122/10/2012
Bodie Daniel Jahn-MullinerChair of the board31/10/201209/09/2014
Mathias Gredal NørvigDirector09/09/201430/04/2017
Bodie Daniel Jahn-MullinerDirector01/05/201707/07/2022
David Joseph ByrneBoard member07/07/202228/03/2025

Signing rule: Selskabet tegnes af en direktør i forening med Robert Edward Aymer Small, af en direktør i forening med Saad Choudri, en direktør i forening med Stefan Beurier eller af den samlede bestyrelse.

Address and production units

2 active production units

Holmens Kanal 7
1060 København K

København Municipality · Postcode 1060

Production units
Production unitAddressEmployeesP number
SYBO ApSHolmens Kanal 7, 3, 1060 København K1071028933238
SYBO ApS - ArsenaletKasernevej 8, 8800 Viborg11027537444

Purpose

Selskabets formål er at udvikle, markedsføre og sælge/licensere spil samt dermed beslægtede aktiviteter.

The purpose is quoted from the register in Danish.

Changes year by year

48 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20254 changesaccounts 1 · management 2 · industry 1
  • Annual report for 2024 published
  • Andreas Pagh Glenvig appointed board member
  • David Joseph Byrne stepped down as board member
  • Industry changed to Publishing of computer games (582100)
20241 changeaccounts 1
  • Annual report for 2023 published
20232 changesaccounts 1 · address 1
  • Annual report for 2022 published
  • Moved to Holmens Kanal 7, 3, 1060 København K
202215 changesmanagement 7 · ownership 7 · accounts 1
  • David Joseph Byrne appointed board member
  • Mathias Gredal Nørvig appointed board member
  • Saad Choudri appointed board member
  • Stefan Beurier appointed board member
  • Robert Edward Aymer Small appointed chair of the board
  • Bodie Daniel Jahn-Mulliner stepped down as director
  • Erik Sylvester Rishøj Jensen stepped down as director
  • Miniclip Denmark ApS registered as owner (100%)
  • SYBO HOLDING ApS is no longer registered as owner
  • SYBO PeopleCo A/S is no longer registered as owner
  • Annual report for 2021 published
  • SYBO HOLDING ApS registered as owner (66.67%)
  • SYBO PeopleCo A/S registered as owner (10%)
  • SYBO HOLDING ApS is no longer registered as owner
  • SYBO PeopleCo A/S is no longer registered as owner
20211 changeaccounts 1
  • Annual report for 2020 published
20183 changesownership 3
  • SYBO HOLDING ApS registered as owner (90%)
  • SYBO PeopleCo A/S registered as owner (10%)
  • SYBO HOLDING ApS is no longer registered as owner
20175 changesname 1 · management 4
  • Name changed from SYBO GAMES ApS to SYBO ApS
  • Mathias Gredal Nørvig appointed ceo
  • Bodie Daniel Jahn-Mulliner appointed director
  • Mathias Gredal Nørvig stepped down as director
  • Bodie Daniel Jahn-Mulliner stepped down as ceo
20145 changesaddress 1 · capital 1 · management 2 · ownership 1
  • Moved to Jorcks Passage 1A, 4, 1162 København K
  • Share capital changed from 127,504 DKK to 80,000 DKK
  • Mathias Gredal Nørvig appointed director
  • Bodie Daniel Jahn-Mulliner stepped down as chair of the board
  • SYBO HOLDING ApS registered as owner (100%)
20131 changeaddress 1
  • Moved to Kompagnistræde 20A, 1. tv, 1208 København K
20124 changesmanagement 3 · capital 1
  • Bodie Daniel Jahn-Mulliner appointed chair of the board
  • Caspar Strandbygaard stepped down as board member
  • Allan Rasmussen stepped down as chair of the board
  • Share capital changed from 112,496 DKK to 127,504 DKK
20116 changescapital 1 · founded 1 · management 4
  • Share capital changed from 97,487 DKK to 112,496 DKK
  • Registered as SYBO GAMES ApS
  • Caspar Strandbygaard appointed board member
  • Bodie Daniel Jahn-Mulliner appointed ceo
  • Allan Rasmussen appointed chair of the board
  • Erik Sylvester Rishøj Jensen appointed director

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Same people in management

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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.

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