--- title: "Flashbulb ApS – CVR 37650706, financials and ownership" description: "Flashbulb ApS (CVR 37650706). Active · Udgivelse af videospil · København V. 30 employees (CVR). Gross profit 13.6M DKK (2025)." canonical_url: "https://datapublica.dk/en/companies/37650706-flashbulb-aps" locale: "en" route_type: "company_overview" robots: "index,follow" --- # Flashbulb ApS Flashbulb ApS \(CVR 37650706\). Active · Udgivelse af videospil · København V. 30 employees \(CVR\). Gross profit 13.6M DKK \(2025\). CVR number: 37650706 ## Company details - **CVR number:** 37650706 - **Status:** Aktiv - **Address:** Vester Farimagsgade 19 4, 1606, København V - **Legal form:** Anpartsselskab \(ApS\) - **Founded:** Apr 29, 2016 - **Employees \(CVR\):** 30 - **Production units:** 1 - **Website:** https://www.flashbulbgames.com/ - **Instagram:** @trailmakersofficial - **LinkedIn:** flashbulb-games - **LEI:** 894500XRXEXK6RBMOD30 ## Description Flashbulb Games is an independent game studio based in Copenhagen, Denmark. Founded in 2016, it has a team of around 30 developers, artists, and designers and creates player-driven games. Flashbulb Games creates games focused on creativity, player-driven experiences, exploration, building, and multiplayer fun. ### Company's own description on virk.dk Description of key activities of the companyFlashbulb develops and publishes video games. The Company's main focus is developing and self-publishing games with emergent gameplay. The most important games in the portfolio are Trailmakers and Rubber Bandits. Flashbulb owns all intellectual rights to the entire portfolio, and the games are published mainly digital on PC and consoles, although there are some agreements on physical distribution as well as mobile releases. Flashbulb's main markets are North America, Western Europe and China. ### Products & services Trailmakers • Rubber Bandits ### Industries Game development • Video games ### Customer types Players • Multiplayer gamers ## Activities and industry - Udgivelse af videospil - 582100 — Udgivelse af videospil ## Latest financial period - **Reporting period:** 1 Jan - 30 Sept 2025 \(273 days / short period\) - **Currency:** DKK - **Gross profit:** 13,566,975 - **Operating profit:** -5,719,253 - **Profit after tax:** -4,970,299 - **Assets:** 11,259,274 - **Equity:** 8,611,980 ## People | Person | Roles | Titles | | --- | --- | --- | | [Lasse Jacob Middelbo Outzen](https://datapublica.dk/en/people/pid_entity_4000553314-lasse-jacob-middelbo-outzen) | Board | BESTYRELSESMEDLEM | | [Mikkel Christoffer Thorsted](https://datapublica.dk/en/people/pid_entity_4000511332-mikkel-christoffer-thorsted) | Board | BESTYRELSESMEDLEM | | [Ole Reimer Stubbe Teglbjærg](https://datapublica.dk/en/people/pid_entity_4000508752-ole-reimer-stubbe-teglbj-rg) | Board • Management | BESTYRELSESMEDLEM • DIREKTØR | | [Rune Malmskov Dittmer](https://datapublica.dk/en/people/pid_entity_4000437520-rune-malmskov-dittmer) | Board | FORMAND | ## Auditor | Audit firm | Auditor | Role | From | | --- | --- | --- | --- | | Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab | Anders Lund | statsautoriseret revisor | Apr 16, 2026 | ## Contact ### From [cvr.dk](https://datacvr.virk.dk/) Advertising protected Contact details from CVR must not be used for direct marketing when the entity is advertising protected. The protection does not cover details collected from the company’s own website. The general marketing rules still apply. [Read more at the Danish Business Authority](https://virksomhedsguiden.dk/content/ydelser/faa-reklamebeskyttet-din-virksomhed-i-cvr/3337006d-3b93-4bb0-bc08-82a0915c0332/) | Contact | Phone | Email | | --- | --- | --- | | Company | 2494\*\*\*\* [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F37650706-flashbulb-aps) | o\*\*@flashbulbgames.com [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F37650706-flashbulb-aps) | ### From [flashbulbgames.com](https://www.flashbulbgames.com/) | Contact | Phone | Email | | --- | --- | --- | | Company | — | bu\*\*\*\*\*@flashbulbgames.com [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F37650706-flashbulb-aps) | | Careers | — | j\*\*@flashbulbgames.com [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F37650706-flashbulb-aps) | | Support | — | su\*\*\*\*\*@flashbulbgames.com [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F37650706-flashbulb-aps) | ## Legal owners ### Current | Owner | Ownership | Voting rights | From | | --- | --- | --- | --- | | OwnerFB 2025 Holding ApS | Ownership100 % | Voting rights100 % | FromAug 29, 2025 | ### Previous | Owner | Ownership | Voting rights | From | To | | --- | --- | --- | --- | --- | | OwnerNordisk Games A/S | Ownership100 % | Voting rights100 % | FromDec 22, 2021 | ToAug 29, 2025 | | OwnerNORDISK FILM A/S | Ownership33.33–49.99 % | Voting rights33.33 % | FromOct 17, 2017 | ToDec 22, 2021 | | OwnerNordisk Games A/S | Ownership50–66.66 % | Voting rights50 % | FromNov 25, 2021 | ToDec 21, 2021 | | OwnerBEVARES ApS | Ownership15–19.99 % | Voting rights15 % | FromOct 17, 2017 | ToNov 25, 2021 | | OwnerMIKMAK HOLDING ApS | Ownership15–19.99 % | Voting rights15 % | FromOct 17, 2017 | ToNov 25, 2021 | | OwnerPHLUFFCO ApS | Ownership15–19.99 % | Voting rights15 % | FromOct 17, 2017 | ToNov 25, 2021 | | OwnerLJMO ApS | Ownership5–9.99 % | Voting rights5 % | FromApr 29, 2016 | ToNov 25, 2021 | | OwnerNORDISK FILM A/S | Ownership25–33.32 % | Voting rights25 % | FromMay 29, 2017 | ToOct 16, 2017 | | OwnerBEVARES ApS | Ownership20–24.99 % | Voting rights20 % | FromApr 29, 2016 | ToOct 16, 2017 | | OwnerMIKMAK HOLDING ApS | Ownership20–24.99 % | Voting rights20 % | FromApr 29, 2016 | ToOct 16, 2017 | | OwnerPHLUFFCO ApS | Ownership20–24.99 % | Voting rights20 % | FromApr 29, 2016 | ToOct 16, 2017 | | OwnerNORDISK FILM A/S | Ownership15–19.99 % | Voting rights15 % | FromJan 20, 2017 | ToMay 28, 2017 | ## Beneficial owners ### Previous | Owner | Ownership | Voting rights | From | To | | --- | --- | --- | --- | --- | | OwnerChristina Wester | Ownership— | Voting rights— | FromJul 1, 2025 | ToAug 29, 2025 | | OwnerTom Knutzen | Ownership— | Voting rights— | FromJun 20, 2023 | ToAug 29, 2025 | | OwnerRebekka Glasser Herlofsen | Ownership— | Voting rights— | FromMar 7, 2023 | ToAug 29, 2025 | | OwnerMerete Helene Eldrup | Ownership— | Voting rights— | FromMar 12, 2020 | ToAug 29, 2025 | | OwnerPeder Høgild | Ownership— | Voting rights— | FromMar 14, 2019 | ToAug 29, 2025 | | OwnerAnna Emilie von Lowzow | Ownership— | Voting rights— | FromOct 17, 2017 | ToAug 29, 2025 | | OwnerChristian Wegner | Ownership— | Voting rights— | FromOct 17, 2017 | ToAug 29, 2025 | | OwnerHugh Joshua Peter Garnett Bottomley | Ownership— | Voting rights— | FromOct 17, 2017 | ToAug 29, 2025 | | OwnerMartin Enderle | Ownership— | Voting rights— | FromOct 17, 2017 | ToAug 29, 2025 | | OwnerJesper Lyders Andersen | Ownership— | Voting rights— | FromMar 7, 2023 | ToJul 1, 2025 | | OwnerPer Bank | Ownership— | Voting rights— | FromMar 19, 2021 | ToJun 20, 2023 | | OwnerMarianne Oehlenschlæger | Ownership— | Voting rights— | FromJul 1, 2021 | ToMar 7, 2023 | | OwnerBert Lars-Johan Jarnheimer | Ownership— | Voting rights— | FromOct 17, 2017 | ToMar 7, 2023 | | OwnerJeppe Knud Skadhauge | Ownership— | Voting rights— | FromOct 17, 2017 | ToMar 18, 2022 | | OwnerKatrin Lyngby Francis | Ownership— | Voting rights— | FromMar 14, 2019 | ToJun 18, 2021 | | OwnerTorben Ballegaard Sørensen | Ownership— | Voting rights— | FromOct 17, 2017 | ToMar 19, 2021 | | OwnerMarianne Oehlenschlæger | Ownership— | Voting rights— | FromOct 17, 2017 | ToMar 14, 2019 | | OwnerTine Staunsager | Ownership— | Voting rights— | FromOct 17, 2017 | ToMar 14, 2019 | | OwnerUlrik Bülow | Ownership— | Voting rights— | FromOct 17, 2017 | ToMar 21, 2018 | ## Ultimate owners [View ownership diagram](https://datapublica.dk/en/companies/37650706-flashbulb-aps/portfolio) | Name | Ownership through | Calculated ownership | | --- | --- | --- | | Lasse Jacob Middelbo Outzen | LJMO ApS → FB 2025 Holding ApS | 25–33.32 % | | Ole Reimer Stubbe Teglbjærg | PHLUFFCO ApS → FB 2025 Holding ApS | 25–33.32 % | | Mikkel Christoffer Thorsted | MIKMAK HOLDING ApS → Mikmak Family ApS → FB 2025 Holding ApS | 12.5–22.22 % | | Rune Malmskov Dittmer | BEVARES ApS → Hvabehar ApS → FB 2025 Holding ApS | 11.25–22.21 % | | Hans Rieck Thorsted | Mikmak Family ApS → FB 2025 Holding ApS | 2.5–5 % | | Katinka Bodil Rieck Thorsted | Mikmak Family ApS → FB 2025 Holding ApS | 2.5–5 % | | Olga Rieck Thorsted | Mikmak Family ApS → FB 2025 Holding ApS | 2.5–5 % | | Viggo Rieck Thorsted | Mikmak Family ApS → FB 2025 Holding ApS | 2.5–5 % | | Maja Frydkjær Frandsen | BEVARES ApS → Hvabehar ApS → FB 2025 Holding ApS | 1.25–3.33 % | ## Company pages - [Overview](https://datapublica.dk/en/companies/37650706-flashbulb-aps) - [Financial report](https://datapublica.dk/en/companies/37650706-flashbulb-aps/financials) - [Risk](https://datapublica.dk/en/companies/37650706-flashbulb-aps/risk) - [Timeline](https://datapublica.dk/en/companies/37650706-flashbulb-aps/timeline) - [Ownership and relations](https://datapublica.dk/en/companies/37650706-flashbulb-aps/portfolio) - [Production units](https://datapublica.dk/en/companies/37650706-flashbulb-aps/production-units) - [Gazelle](https://datapublica.dk/en/companies/37650706-flashbulb-aps/gazelle) - [Investments](https://datapublica.dk/en/companies/37650706-flashbulb-aps/investments) - [Company website](https://www.flashbulbgames.com/) ## Official sources - [Official CVR record on Virk](https://datacvr.virk.dk/enhed/virksomhed/37650706) - [Official LEI record at GLEIF](https://www.gleif.org/)