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Skovbo Games Ab

Limited company. Computer programming activities.

Skovbo Games Ab is a limited company based in Turku, registered in 2021. In the financial year ending 31.12.2025, revenue was 48 t€ and operating profit 15 t€; equity ratio 92.9 %. Its taxable income in 2024 was 109 t€ and its income taxes 22 t€.

Revenue 202548 t€-65 % on the previous year
Operating profit15 t€30,1 % of revenue
Net profit8 648 €EBITDA 15 t€
Equity ratio92,9 %quick ratio 4,90
Taxable income 2024109 t€ top quarter of its industry
Income taxes 202422 t€90 t€ in 2021–2024
In business5 yrsregistered 16.6.2021

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Financials

82 t€92 t€287 t€140 t€48 t€48 t€33 t€60 t€242 t€109 t€15 t€26 t€48 t€193 t€90 t€8 648 €20212022202320242025
RevenueOperating profitNet profit
Key figures31.12.202531.12.202431.12.202331.12.202231.12.2021
Revenue48 t€140 t€287 t€92 t€82 t€
Revenue change-65,4 %-51,3 %210,6 %12,1 %–
EBITDA15 t€109 t€242 t€60 t€33 t€
EBITDA %30,1 %77,7 %84,2 %64,7 %40,1 %
Operating profit15 t€109 t€242 t€60 t€33 t€
Operating margin30,1 %77,7 %84,2 %64,7 %40,1 %
Net profit8 648 €90 t€193 t€48 t€26 t€
Personnel costs-26 t€20 t€20 t€1 718 €18 t€
Equity ratio92,9 %94,9 %80,6 %80,6 %42,8 %
Quick ratio4,907,215,165,161,75
Current ratio4,907,215,165,161,75
Debt to revenue48,8 %12,7 %21,7 %18,8 %42,8 %
Return on equity2,8 %27,3 %74,4 %66,3 %100,0 %
Balance sheet total335 t€346 t€322 t€90 t€62 t€
Equity311 t€329 t€260 t€72 t€26 t€
Cash and bank68 t€125 t€318 t€84 t€47 t€

Balance sheet

62 t€90 t€322 t€346 t€335 t€335 t€26 t€72 t€260 t€329 t€311 t€47 t€84 t€318 t€125 t€68 t€20212022202320242025
Balance sheet totalEquityCash
Income statement and balance sheet

Income statement

31.12.202531.12.202431.12.202331.12.202231.12.2021
Turnover48 t€140 t€287 t€92 t€82 t€
Other operating income0 €287 €0 €––
Raw materials and services3 852 €-7 789 €-21 t€-26 t€-30 t€
Personnel expenses26 t€-20 t€-20 t€-1 718 €-18 t€
Other operating expenses3 788 €-3 835 €-5 202 €-5 113 €-1 100 €
Operating profit (loss)15 t€109 t€242 t€60 t€33 t€
Financial income and expenses + (-)169 €36 €-124 €-6 €0 €
Profit (loss) before appropriations and taxes14 t€109 t€242 t€60 t€33 t€
Income taxes5 705 €-19 t€-48 t€-12 t€-6 608 €
Profit (loss) for the financial year8 648 €90 t€193 t€48 t€26 t€

Balance sheet

31.12.202531.12.202431.12.202331.12.202231.12.2021
Non-current assets219 t€219 t€0 €––
Receivables48 t€2 958 €4 318 €5 800 €14 t€
Cash in hand and at banks68 t€125 t€318 t€84 t€47 t€
Current assets116 t€128 t€322 t€90 t€62 t€
Assets335 t€346 t€322 t€90 t€62 t€
Capital and reserves311 t€329 t€260 t€72 t€26 t€
Short-term liabilities24 t€18 t€62 t€17 t€35 t€
Liabilities24 t€18 t€62 t€17 t€35 t€
All financial statement items (38)
31.12.202531.12.202431.12.202331.12.202231.12.2021
Turnover48 t€140 t€287 t€92 t€82 t€
Other operating income0 €287 €0 €––
Raw materials and services3 852 €-7 789 €-21 t€-26 t€-30 t€
Personnel expenses26 t€-20 t€-20 t€-1 718 €-18 t€
Other operating expenses3 788 €-3 835 €-5 202 €-5 113 €-1 100 €
Operating profit (loss)15 t€109 t€242 t€60 t€33 t€
Financial income and expenses + (-)169 €36 €-124 €-6 €0 €
Profit (loss) before appropriations and taxes14 t€109 t€242 t€60 t€33 t€
Income taxes5 705 €-19 t€-48 t€-12 t€-6 608 €
Profit (loss) for the financial year8 648 €90 t€193 t€48 t€26 t€
Non-current assets219 t€219 t€0 €––
Receivables48 t€2 958 €4 318 €5 800 €14 t€
Cash in hand and at banks68 t€125 t€318 t€84 t€47 t€
Current assets116 t€128 t€322 t€90 t€62 t€
Assets335 t€346 t€322 t€90 t€62 t€
Capital and reserves311 t€329 t€260 t€72 t€26 t€
Short-term liabilities24 t€18 t€62 t€17 t€35 t€
Liabilities24 t€18 t€62 t€17 t€35 t€
Investments219 t€219 t€0 €––
Other short-term receivables173 €40 €27 €69 €61 €
Other current liabilities14 t€11 t€18 t€5 270 €7 795 €
Retained earnings302 t€239 t€66 t€24 t€0 €
Short-term prepayments and accrued income46 t€0 €24 €0 €1 718 €
Short-term accounts payable168 €198 €2 916 €122 €5 138 €
Short-term sales receivables1 382 €2 918 €4 267 €5 731 €12 t€
Purchases during the financial year9 €-336 €-518 €-30 €0 €
Profit (loss) for the period, equity8 648 €90 t€193 t€48 t€26 t€
Short-term receivables48 t€2 958 €4 318 €5 800 €14 t€
Interest expenses and other financial expenses for non-Group companies169 €0 €-124 €-6 €0 €
Wages and salaries23 t€-18 t€-18 t€0 €-18 t€
Short-term accrued expenses and deferred income9 200 €6 805 €42 t€12 t€22 t€
Liabilities335 t€346 t€322 t€90 t€62 t€
Other interest and financial income from non-group companies0 €36 €0 €––
Other social security expenses430 €-203 €-268 €0 €-275 €
Services purchased3 843 €-7 452 €-20 t€-26 t€-30 t€
Other shares and similar rights of ownership219 t€219 t€0 €––
Short-term advances received54 €0 €–––
Pension expenses2 731 €-2 168 €-1 780 €-1 718 €-141 €

From financial statements filed digitally (XBRL) with the Finnish Patent and Registration Office; ratios calculated from them. Equity ratio = (equity + accumulated appropriations) / (balance sheet total − advances received).

Taxes

33 t€60 t€242 t€109 t€109 t€2021202220232024

Measured by taxable income, Skovbo Games Ab is in the top quarter of the industry class computer programming activities (3154 companies with taxable income; median 27 t€, 4,0 times the median).

Taxable income is the profit as calculated for taxation, not revenue. Public data from the Finnish Tax Administration; figures for 2025 are published in November 2026.

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