Mads & Friends Games ApS
CVR 42203491 · Private limited company (ApS) · Active · Low risk
Mads & Friends Games ApS is a Private limited company (ApS), founded on , based in Frederiksberg C. The company is registered in the industry udgivelse af videospil. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 19k and a net result of DKK -7,039. CEO: Mads Vadsholt Paulsen.
Bankruptcy risk for Mads & Friends Games ApS
0.4 × the average (1.41%) · higher risk than 60% of active Danish companies
Increases the risk
Reduces the risk
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
- 42203491
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (5 years)
- Address
- c/o Blue Barn Collective, J.M.Thieles Vej 7B
1961 Frederiksberg C - Municipality
- Frederiksberg
- Industry
- Udgivelse af videospil (582100)
Bankruptcies in the industry: Anden udgivelse af software - Share capital
- DKK 40k
- Auditor
- Redmark, Godkendt Revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 5 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 1.3% |
| Current ratio | 101% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 7 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -3,872 | DKK 9,229 | DKK -334k |
| Net profit | DKK -7,039 | DKK 8,866 | DKK -337k |
| Equity | DKK 19k | DKK 26k | DKK 17k |
| Total assets | DKK 1.5m | DKK 107k | DKK 37k |
| Cash | DKK 515k | DKK 19k | – |
| Short-term debt | DKK 1.4m | DKK 31k | – |
| Avg. employees | 0 | – | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 169 | ||
| 1 Jan 2024 – 31 Dec 2024 | 148 | ||
| 1 Jan 2023 – 31 Dec 2023 | 179 | ||
| 1 Jan 2022 – 31 Dec 2022 | 139 | ||
| 10 Mar 2021 – 31 Dec 2021 | 160 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Mads Vadsholt Paulsen | Current | |
| Owner (100%) | Mads Vadsholt Holding ApS | Current | |
| Founder | Mads Vadsholt Holding ApS | Current |
The CEOs' other companies
Mads Vadsholt Paulsen – 1 other companies
- Mads Vadsholt Holding ApS Active
Address history (2 moves)
| c/o Blue Barn Collective, J.M.Thieles Vej 7B, 1961 Frederiksberg C | |
| c/o Mads Vadsholt, Carl Langes Vej 41, 2. tv, 2500 Valby | |
| Rødevej 2D, 8800 Viborg |
Other companies at the same address
- Blomst & Bi ApS Active
- COPENHAGEN GAME PRODUCTIONS ApS Active
- Harder-Holding ApS Active
- Mads Vadsholt Holding ApS Active
- SA DE ZAIN ApS Active
- StickyMoose Holding ApS Active
- THE INOUE BROTHERS ApS Active
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- Adorable Monkey Holding Aps Frederiksberg
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Questions and answers about Mads & Friends Games ApS
Has Mads & Friends Games ApS gone bankrupt?
No, Mads & Friends Games ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Mads & Friends Games ApS?
Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.
Who is the CEO of Mads & Friends Games ApS?
Mads Vadsholt Paulsen is the CEO of Mads & Friends Games ApS.
Who is the auditor of Mads & Friends Games ApS?
Mads & Friends Games ApS most recently used Redmark, Godkendt Revisionspartnerselskab.
When was Mads & Friends Games ApS founded?
Mads & Friends Games ApS was founded on 10 March 2021.
What is the equity of Mads & Friends Games ApS?
Equity was DKK 19k 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.