FORMULA AUTOMOBILE A/S: Financial statements 2019
CVR: 26181992
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
FORMULA AUTOMOBILE A/S (CVR 26181992) has filed annual accounts for 2019. In 2019, the company reported revenue of DKK 590,486,579 and a net result of DKK 8,311,970 compared with DKK 7,582,025 the year before. That is an increase of 16.9% compared with the year before. The profit margin was 1.4%. Equity in the 2019 report amounted to DKK 64,480,038. The solvency ratio was 25.8%. The company had 29 employees in the financial year.
- Revenue
- DKK 590,486,579
- Gross Profit
- DKK 33,695,536
- Profit/Loss
- DKK 8,311,970
- Equity
- DKK 64,480,038
- Total Assets
- DKK 249,638,607
- Employees
- 29
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | 590.5M | 33.7M | 8.3M | 64.5M | 29 |
| 2018 | 505M | 28.5M | 7.6M | 56.2M | 26 |
| 2017 | 361.1M | 17.5M | 2.8M | 48.6M | 23 |
| 2016 | - | 16.9M | 11.7M | 47.4M | 20 |
| 2015 | 279.7M | - | 13.8M | 35.7M | 18 |
Official annual report
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FORMULA AUTOMOBILE A/S has published its annual report for 2018. Revenue came to DKK 505,012,541, and the net result was DKK 7,582,025.
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 74 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.