FORMULA AUTOMOBILE A/S: Financial statements 2021
CVR: 26181992
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
FORMULA AUTOMOBILE A/S (CVR 26181992) has filed annual accounts for 2021. In 2021, the company reported revenue of DKK 872,221,565 and a net result of DKK 12,801,128 compared with DKK 18,940,900 the year before. That is an increase of 29.8% compared with the year before. The profit margin was 1.5%. Equity in the 2021 report amounted to DKK 96,222,066. The solvency ratio was 28.8%. The company had 40 employees in the financial year.
- Revenue
- DKK 872,221,565
- Gross Profit
- DKK 45,910,994
- Profit/Loss
- DKK 12,801,128
- Equity
- DKK 96,222,066
- Total Assets
- DKK 333,544,985
- Employees
- 40
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | 872.2M | 45.9M | 12.8M | 96.2M | 40 |
| 2020 | 672.1M | 49.4M | 18.9M | 83.4M | 34 |
| 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 |
Official annual report
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FORMULA AUTOMOBILE A/S has published its annual report for 2020. Revenue came to DKK 672,140,509, and the net result was DKK 18,940,900.
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.
