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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
6 employees
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Denmark
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Companies
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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
35M
26M
17M
9M
0M
2021: 13M
13M
2021
2022: 28M (+115% vs 2021)
28M
+115%
2022
2023: 10M (-64% vs 2022)
10M
-64%
2023
2024: 13M (+30% vs 2023)
13M
+30%
2024
2025: 9M (-31% vs 2024)
9M
-31%
2025
EBITDA
DKK millions
27M
21M
14M
7M
0M
2021: 10M
10M
2021
2022: 22M (+120% vs 2021)
22M
+120%
2022
2023: 5M (-77% vs 2022)
5M
-77%
2023
2024: 6M (+20% vs 2023)
6M
+20%
2024
2025: 4M (-33% vs 2024)
4M
-33%
2025
Income statement
DKK thousands
Item
2025
2024
2023
2022
2021
Gross profit
9.145
12.781
9.803
28.228
13.214
Staff expenses
-5.179
-6.806
-5.038
-6.394
-3.467
EBITDA
3.966
5.975
4.765
21.834
9.747
Depreciation & amort.
-0
-0
-0
-0
-0
EBIT
3.966
5.975
4.765
21.834
9.747
Net financials
-1.399
-1.289
-3.740
-1.584
-328
Profit before tax
2.567
4.686
1.025
20.250
9.419
Tax
586
1.034
235
4.470
2.086
Net profit
1.981
3.652
790
15.781
7.334
Balance sheet
DKK thousands
Item
2025
2024
2023
2022
2021
Total assets
56.427
57.299
48.774
125.452
47.966
Equity
20.519
18.880
14.982
29.214
23.886
Long-term debt
0
0
0
0
0
Short-term debt
35.908
38.419
33.792
96.238
24.080
Total debt
35.908
38.419
33.792
96.238
24.080
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
This company
Market median
5% below market
2021
2025
Return on equity
9,7 %
This company
18,4 %
Market median
This company
Market median
47% below 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
This company
Market median
182% above 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
