FORMULA AUTOMOBILE A/S: Financial statements 2020
CVR: 26181992
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
FORMULA AUTOMOBILE A/S (CVR 26181992) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 672,140,509 and a net result of DKK 18,940,900 compared with DKK 8,311,970 the year before. That is an increase of 13.8% compared with the year before. The profit margin was 2.8%. Equity in the 2020 report amounted to DKK 83,420,938. The solvency ratio was 29%. The company had 34 employees in the financial year.
- Revenue
- DKK 672,140,509
- Gross Profit
- DKK 49,393,675
- Profit/Loss
- DKK 18,940,900
- Equity
- DKK 83,420,938
- Total Assets
- DKK 288,059,286
- Employees
- 34
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 672.1 mio. | 49.4 mio. | 18.9 mio. | 83.4 mio. | 34 |
| 2019 | 590.5 mio. | 33.7 mio. | 8.3 mio. | 64.5 mio. | 29 |
| 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 |
Official annual report
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FORMULA AUTOMOBILE A/S has published its annual report for 2019. Revenue came to DKK 590,486,579, and the net result was DKK 8,311,970.
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.