FORMULA AUTOMOBILE A/S: Financial statements 2018
CVR: 26181992
Source: annual report 2018, Danish Business Authority
01/01/2018 – 31/12/2018
FORMULA AUTOMOBILE A/S (CVR 26181992) has filed annual accounts for 2018. In 2018, the company reported revenue of DKK 505,012,541 and a net result of DKK 7,582,025 compared with DKK 2,775,892 the year before. That is an increase of 39.8% compared with the year before. The profit margin was 1.5%. Equity in the 2018 report amounted to DKK 56,168,068. The solvency ratio was 24.4%. The company had 26 employees in the financial year.
- Revenue
- DKK 505,012,541
- Gross Profit
- DKK 28,516,443
- Profit/Loss
- DKK 7,582,025
- Equity
- DKK 56,168,068
- Total Assets
- DKK 229,861,074
- Employees
- 26
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2018 | 505 mio. | 28.5 mio. | 7.6 mio. | 56.2 mio. | 26 |
| 2017 | 361.1 mio. | 17.5 mio. | 2.8 mio. | 48.6 mio. | 23 |
| 2016 | - | 16.9 mio. | 11.7 mio. | 47.4 mio. | 20 |
| 2015 | 279.7 mio. | - | 13.8 mio. | 35.7 mio. | 18 |
Official annual report
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FORMULA AUTOMOBILE A/S has published its annual report for 2017. Revenue came to DKK 361,141,184, and the net result was DKK 2,775,892.
As of June 18, 2018, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of FORMULA AUTOMOBILE A/S.
As of June 18, 2018, EY Godkendt Revisionspartnerselskab has stepped down as auditor of FORMULA AUTOMOBILE A/S.
About FORMULA AUTOMOBILE A/S
FORMULA AUTOMOBILE A/S is a Danish company of the type Aktieselskab based in Kongens Lyngby, founded in 2001. The company is registered under the industry Detailhandel med motorkøretøjer. The company was previously named FERRARI IMPORT DANMARK A/S. The management consists of Jesper Viskum Schak. The board consists of Johnny Laursen (chair), Carsten Kultoft Lorentsen, Conrad Nicholai Weiss Laursen and Erwin Kronborg Tøt. The company is owned by Formula Holding 2017 A/S. The company has 77 employees (2026). In 2025, the company reported revenue of DKK 1,103,677,000 and a net result of DKK 18,018,000 compared with DKK 9,477,000 the year before. Equity in the 2025 report amounted to DKK 145,182,000.