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FORMULA SELECTED ApS
APS
Active
CVR 35524568
Lundtoftegårdsvej 10, 2800
Kongens Lyngby
Wholesale of motor vehicles
·
NACE 4671
Est. 2013 · 12 years old
5 employees
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Wholesale of motor vehicles
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FORMULA SELECTED ApS
Overview
Financials
People & ownership
Related companies
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Financials
Gross profit
DKK millions
0M
8M
16M
24M
32M
13M
2021
28M
2022
10M
2023
13M
2024
9M
2025
EBITDA
DKK millions
28M
21M
14M
7M
0M
10M
2021
22M
+120%
2022
5M
-77%
2023
6M
+20%
2024
4M
-33%
2025
Income statement
DKK thousands
Item
2021
2022
2023
2024
2025
Gross profit
13.214
28.228
9.803
12.781
9.145
Staff expenses
-3.467
-6.394
-5.038
-6.806
-5.179
EBITDA
9.747
21.834
4.765
5.975
3.966
Depreciation & amort.
-0
-0
-0
-0
-0
EBIT
9.747
21.834
4.765
5.975
3.966
Net financials
-328
-1.584
-3.740
-1.289
-1.399
Profit before tax
9.419
20.250
1.025
4.686
2.567
Tax
2.086
4.470
235
1.034
586
Net profit
7.334
15.781
790
3.652
1.981
Balance sheet
DKK thousands
Item
2021
2022
2023
2024
2025
Total assets
47.966
125.452
48.774
57.299
56.427
Equity
23.886
29.214
14.982
18.880
20.519
Long-term debt
0
0
0
0
0
Short-term debt
24.080
96.238
33.792
38.419
35.908
Total debt
24.080
96.238
33.792
38.419
35.908
Financial ratios
5-year trend
EBITDA margin (of gross profit)
43.4%
This company
2021
2025
Equity ratio
36.4%
This company
38.2%
Market median
+5% vs market
2021
2025
Return on equity
9.7%
This company
18.4%
Market median
-47% vs market
2021
2025
Net profit margin (of gross profit)
21.7%
This company
2021
2025
Asset turnover (of gross profit)
0.16×
This company
2021
2025
Debt / equity
1.75×
This company
0.62×
Market median
-182% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
More on FORMULA SELECTED ApS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network