FORMULA AUTOMOBILE A/S: Financial statements 2024
CVR: 26181992
Source: annual report 2024, Danish Business Authority
01/01/2024 – 31/12/2024
FORMULA AUTOMOBILE A/S (CVR 26181992) has filed annual accounts for 2024. In 2024, the company reported revenue of DKK 955,914,000 and a net result of DKK 9,477,000 compared with DKK 11,781,311 the year before. That is an increase of 8.9% compared with the year before. The profit margin was 1%. Equity in the 2024 report amounted to DKK 127,164,000. The solvency ratio was 24.7%. The company had 57 employees in the financial year.
- Revenue
- DKK 955,914,000
- Gross Profit
- DKK 52,116,000
- Profit/Loss
- DKK 9,477,000
- Equity
- DKK 127,164,000
- Total Assets
- DKK 514,616,000
- Employees
- 57
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | 955.9M | 52.1M | 9.5M | 127.2M | 57 |
| 2023 | 877.8M | 50.2M | 11.8M | 117.7M | 51 |
| 2022 | 756.3M | 44.2M | 9.7M | 105.9M | 47 |
| 2021 | 872.2M | 45.9M | 12.8M | 96.2M | 40 |
| 2020 | 672.1M | 49.4M | 18.9M | 83.4M | 34 |
Official annual report
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FORMULA AUTOMOBILE A/S has published its annual report for 2023. Revenue came to DKK 877,768,963, and the net result was DKK 11,781,311.
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.