FORMULA AUTOMOBILE A/S

CVR: 26181992

Growing 15% p.a.Medium companyWell-established (24 yrs)Breakeven

Secondary names: FERRARI.DK A/S, FERRARI IMPORT DANMARK A/S

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The financial health of FORMULA AUTOMOBILE A/S appears stable, with a slight decline in profitability despite increasing revenues. In 2024, the company reported revenue of 955.9 million DKK, up from 877.8 million DKK in 2023, but profit decreased to 9.5 million DKK from 11.8 million DKK. The equity position has improved, reaching 127.2 million DKK in 2024, indicating a solid foundation for future growth. However, the declining profit margins raise concerns about operational efficiency. Overall, the company is positioned well within the specialized retail industry, but it must address profitability challenges to sustain its growth trajectory.

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Overview

Company type
A/S
Aktieselskab
Address
Lundtoftegårdsvej 10, 2800 Kongens Lyngby
LYNGBY-TAARBÆK
2800 Kongens Lyngby
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Founded
14.8.2001

Details

Employees
40 employees
34 FTE
(2018)
Capital
600.000 kr.

Purpose

Selskabets formål er at drive handel med køb og salg af biler samt hermed beslægtet virksomhed.

Financials

Financial trend

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YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
2024955.9 mio.9.5 mio.514.6 mio.127.2 mio.57

History

Ownership

FORMULA AUTOMOBILE A/S
CVR: 26181992

Management

Directors

Board

Carsten Kultoft Lorentsen(BESTYRELSESMEDLEM)
Helle Camilla Laursen(BESTYRELSESMEDLEM)
Jan Dal Lehrmann(BESTYRELSESMEDLEM)

Production units (4)

FORMULA AUTOMOBILE A/S
P-no: 1008691475
Lundtoftegårdsvej 10, 2800, Kongens Lyngby
Formidlingsaktiviteter inden for specialiseret detailhandel
40 employees
Formula Automobile A/S
P-no: 1029305494
Gladsaxevej 341, 2860, Søborg
Formidlingsaktiviteter inden for specialiseret detailhandel
Formula Automobile A/S
P-no: 1029305516
Wittrupvej 1, 7120, Vejle Øst
Formidlingsaktiviteter inden for specialiseret detailhandel

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FORMULA AUTOMOBILE A/S – CVR 26181992 – Financials