Riskpilot← Back to searchSign inGet full accessFORMULA AUTOMOBILE A/S
A/SActiveCVR 26181992Lundtoftegårdsvej 10Retail sale of motor vehicles · NACE 4781Est. 200174 employees
Revenue 2024
DKK 955,9M
+9% vs 2023
EBITDA margin
2.0%
-5% vs 2023
Equity ratio
24.7%
Financial strength
Net profit 2024
DKK 9,5M
-20% vs 2023
| Revenue | DKK 955,9M | +9% |
| EBITDA | DKK 19,1M | -5% |
| Net profit | DKK 9,5M | -20% |
| Total assets | DKK 514,6M | +24% |
| Equity | DKK 127,2M | +8% |
| Employees | 74 | — |
Legal name
FORMULA AUTOMOBILE A/S
CVR number
26181992
Legal form
Aktieselskab
NACE code
4781 · Retail sale of motor vehicles
Founded
14. august 2001
Share capital
DKK 600.000
Employees
74 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af bestyrelsesformanden.
Company purpose
Selskabets formål er at drive handel med køb og salg af biler samt hermed beslægtet virksomhed.
Address
Lundtoftegårdsvej 10
Phone
+4570230901
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 672.141 | 872.222 | 756.280 | 877.769 | 955.914 |
| Staff expenses | -21.688 | -24.540 | -28.628 | -30.031 | -33.033 |
| EBITDA | 27.984 | 21.344 | 15.616 | 20.151 | 19.083 |
| Depreciation & amort. | -2.869 | -3.591 | -3.143 | -2.736 | -2.754 |
| EBIT | 25.115 | 17.753 | 12.473 | 17.415 | 16.329 |
| Net financials | -997 | -967 | 183 | -1.906 | -3.614 |
| Profit before tax | 24.396 | 16.786 | 12.656 | 15.509 | 12.715 |
| Tax | 5.455 | 3.985 | 2.972 | 3.727 | 3.238 |
| Net profit | 18.941 | 12.801 | 9.684 | 11.781 | 9.477 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 288.059 | 333.545 | 362.618 | 416.309 | 514.616 |
| Equity | 83.421 | 96.222 | 105.906 | 117.687 | 127.164 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 204.636 | 237.323 | 256.713 | 298.622 | 387.282 |
| Total debt | 204.636 | 237.323 | 256.713 | 298.622 | 387.282 |
EBITDA margin
2.0%
This company
15.8%
Market median
-87% vs market
20202024
Equity ratio
24.7%
This company
38.2%
Market median
-35% vs market
20202024
Return on equity
7.5%
This company
18.4%
Market median
-59% vs market
20202024
Net profit margin
1.0%
This company
8.1%
Market median
-88% vs market
20202024
Asset turnover
1.86×
This company
1.12×
Market median
+66% vs market
20202024
Debt / equity
3.05×
This company
0.62×
Market median
-392% vs market
20202024
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
JV Management | Management | 2014 |
| Former (3) | ||
GS Management | Management | 2001 – 2006 |
PH Management | Management | 2012 – 2014 |
JT Management | Management | 2007 – 2012 |
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Board of Directors | 2007 | |
| Board of Directors | 2006 | |
| Board of Directors | 2025 | |
| Chairman | 2007 | |
| Board of Directors | 2017 | |
| Former (4) | ||
| Board of Directors | 2001 – 2006 | |
| Board of Directors | 2006 – 2009 | |
| Board of Directors | 2016 – 2017 | |
| Board of Directors | 2001 – 2001 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2017 | |
| Company | 100% | 100% | 2006 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
LAURSEN HOLDING AF 28. OKTOBER 2013 ApSBENJAMIN CAPITAL ApSFormula Holding 2017 A/S
FORMULA AUTOMOBILE A/S (this company)Board members of FORMULA AUTOMOBILE A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Grethe Svankjær Toftdahl | Management | 0 companies |
| Jesper Viskum Schak | Management | 0 companies |
| Peter Heller Bøckel | Management | 0 companies |
| Jakob Thaysen | Management | 0 companies |
| Carsten Halle | Board of Directors | 0 companies |
| Ole Carl Damgaard-Nielsen | Board of Directors | 0 companies |
| Carsten Kultoft Lorentsen | Board of Directors | 0 companies |
| Jan Dal Lehrmann | Board of Directors | 0 companies |
| Conrad Nicholai Weiss Laursen | Board of Directors | 0 companies |
| Mikkel Noes Westergaard | Board of Directors | 0 companies |
| Johnny Laursen | Chairman | 0 companies |
| Chresten Juhl Hansen | Board of Directors | 0 companies |
| Helle Camilla Laursen | Board of Directors | 0 companies |