Fair Games ApS

CVR 43302981 · Private limited company (ApS) · Active · Low risk

Fair Games ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry udgivelse af videospil. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 20.9m and a net result of DKK 13.1m. CEO: Mads Skovgaard Pedersen, Christian Nyhus Andreasen.

Bankruptcy risk for Fair Games ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
43302981
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Filmbyen 27, st. tv
8000 Aarhus C
Municipality
Aarhus
Industry
Udgivelse af videospil (582100)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 44k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio83.4%
Current ratio606%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address19
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 22.5mDKK 7.5m
Net profitDKK 13.1mDKK 2.3m
EquityDKK 20.9mDKK 7.8m
Total assetsDKK 25.1mDKK 8.8m
CashDKK 12.6m–
Short-term debtDKK 4.1m–
Avg. employees8–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025109
1 Jan 2024 – 31 Dec 202490
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 202267

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

RoleNameFromTo
CEOMads Skovgaard PedersenCurrent
CEOChristian Nyhus AndreasenCurrent
Owner (100%)Sold Out Sales & Marketing LtdCurrent
Owner (100%)Mads Skovgaard Pedersen
Owner (100%)Mads Skovgaard Holding ApS
Owner (10%)Antequera Holding ApS
Owner (90%)Mads Skovgaard Holding ApS
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
FounderMads Skovgaard PedersenCurrent

The CEOs' other companies

Mads Skovgaard Pedersen – 1 other companies

Christian Nyhus Andreasen – 2 other companies, of which 1 bankrupt

Address history (2 moves)

Filmbyen 27, st. tv, 8000 Aarhus C
Filmbyen 19, 1., 8000 Aarhus C
Filmbyen 19, 2., 8000 Aarhus C

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Fair Games ApS

Has Fair Games ApS gone bankrupt?

No, Fair Games ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Fair Games ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Fair Games ApS?

Mads Skovgaard Pedersen, Christian Nyhus Andreasen are the CEOs of Fair Games ApS.

Who is the auditor of Fair Games ApS?

Fair Games ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Fair Games ApS founded?

Fair Games ApS was founded on 2 June 2022.

What is the equity of Fair Games ApS?

Equity was DKK 20.9m 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.