CVR: 35524568
DKK 9,144,563
Gross profit
Net result: DKK 1,980,606
16 HOLDING ApS, Formula Holding 2017 A/S
CVR · view ownership and management
Owner registered: Formula Holding 2017 A/S
CVR · 19/01/2017
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FORMULA SELECTED ApS is a Danish company of the type Anpartsselskab based in Kongens Lyngby, founded in 2013. The company is registered under the industry Engroshandel med motorkøretøjer. The management consists of Jakob Thaysen. The company is owned by 16 HOLDING ApS and Formula Holding 2017 A/S. The company has 2 employees (2018). In 2025, the company reported a gross profit of DKK 9,144,563 and a net result of DKK 1,980,606 compared with DKK 3,652,183 the year before. Equity in the 2025 report amounted to DKK 20,518,925.
Source: annual report 2025, Danish Business Authority
The financial health of FORMULA SELECTED ApS appears robust, with a strong equity position of 20,518,925 DKK as of 2025, reflecting a steady increase from previous years. Gross profit has shown significant fluctuations, peaking at 28,228,330 DKK in 2022, but has since declined to 9,144,563 DKK in 2025, indicating potential volatility in operations. Profitability has also varied, with a notable drop from 15,780,530 DKK in 2022 to 1,980,606 DKK in 2025, raising concerns about sustainable growth. Despite these challenges, the company maintains a solid equity base, positioning it favorably within the motor vehicle wholesale industry, although the lack of disclosed revenue figures limits a comprehensive assessment of its market standing.
AI-generated summary · Generated 14/08/2026
Selskabets formål er at drive handel med køb og salg af biler samt hermed beslægtet virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 9.1 mio. | 2 mio. | 56.4 mio. | 20.5 mio. | 6 | |
| 202401/01/2024 – 31/12/2024 | 12.8 mio. | 3.7 mio. | 57.3 mio. | 18.9 mio. | 5 | |
| 202301/01/2023 – 31/12/2023 | 9.8 mio. | 790 t. | 48.8 mio. | 15 mio. | 4 | |
| 202201/01/2022 – 31/12/2022 | 28.2 mio. | 15.8 mio. | 125.5 mio. | 29.2 mio. | 3 | |
| 202101/01/2021 – 31/12/2021 | 13.2 mio. | 7.3 mio. | 48 mio. | 23.9 mio. | 4 | |
| 202001/01/2020 – 31/12/2020 | 8.2 mio. | 3.7 mio. | 30 mio. | 16.6 mio. | 3 | |
| 201901/01/2019 – 31/12/2019 | 5.3 mio. | 1.8 mio. | 32.1 mio. | 12.9 mio. | 3 | |
| 201801/01/2018 – 31/12/2018 | 1.2 mio. | 423 t. | 22.2 mio. | 11 mio. | 2 | |
| 201701/01/2017 – 31/12/2017 | 8.3 mio. | 4.5 mio. | 32.4 mio. | 10.5 mio. | 2 | |
| 201601/01/2016 – 31/12/2016 | 9 mio. | 4.8 mio. | 39.9 mio. | 6.2 mio. | 2 | |
| 201501/01/2015 – 31/12/2015 | - | 6.8 mio. | 30.2 mio. | 6.9 mio. | - |
Compared to 451 companies in Engroshandel med motorkøretøjer
Comparison is based on industry median values
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See the API documentationFORMULA SELECTED ApS was founded on 28 October 2013.
FORMULA SELECTED ApS is registered under the industry Engroshandel med motorkøretøjer (industry code 467100).
FORMULA SELECTED ApS had 2 employees in 2018 according to the Danish CVR register.
FORMULA SELECTED ApS is owned by 16 HOLDING ApS and Formula Holding 2017 A/S.
In 2025, FORMULA SELECTED ApS reported a gross profit of DKK 9,144,563.
The management of FORMULA SELECTED ApS consists of Jakob Thaysen.
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FORMULA SELECTED ApS has published its annual report for 2025. Gross profit came to DKK 9,144,563, and the net result was DKK 1,980,606.
FORMULA SELECTED ApS has published its annual report for 2024. Gross profit came to DKK 12,781,339, and the net result was DKK 3,652,183.
FORMULA SELECTED ApS has published its annual report for 2023. Gross profit came to DKK 9,802,986, and the net result was DKK 789,982.
FORMULA SELECTED ApS has published its annual report for 2022. Gross profit came to DKK 28,228,330, and the net result was DKK 15,780,530.
FORMULA SELECTED ApS has published its annual report for 2021. Gross profit came to DKK 13,214,162, and the net result was DKK 7,333,591.
FORMULA SELECTED ApS has published its annual report for 2020. Gross profit came to DKK 8,213,685, and the net result was DKK 3,677,850.
As of May 25, 2021, Dea Milo Jungersted has joined the board of directors of FORMULA SELECTED ApS.
As of May 25, 2021, Jan Dal Lehrmann has left the board of directors of FORMULA SELECTED ApS.
FORMULA SELECTED ApS has published its annual report for 2019. Gross profit came to DKK 5,311,378, and the net result was DKK 1,806,890.
FORMULA SELECTED ApS has published its annual report for 2018. Gross profit came to DKK 1,157,822, and the net result was DKK 422,826.
FORMULA SELECTED ApS has published its annual report for 2017. Gross profit came to DKK 8,284,003, and the net result was DKK 4,474,859.
As of June 4, 2018, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of FORMULA SELECTED ApS.
As of June 4, 2018, EY Godkendt Revisionspartnerselskab has stepped down as auditor of FORMULA SELECTED ApS.
FORMULA SELECTED ApS has published its annual report for 2016. Gross profit came to DKK 8,950,528, and the net result was DKK 4,779,556.
As of January 19, 2017, Formula Holding 2017 A/S is registered as an owner of FORMULA SELECTED ApS with an ownership share of 50%.
FORMULA SELECTED ApS has published its annual report for 2015. The net result was DKK 6,779,705.
FORMULA SELECTED ApS has published its interim report for the period October 28, 2013 – December 31, 2014.
As of October 28, 2013, EY Godkendt Revisionspartnerselskab has been appointed auditor of FORMULA SELECTED ApS.
As of October 28, 2013, Jakob Thaysen has joined the board of directors of FORMULA SELECTED ApS.
As of October 28, 2013, Johnny Laursen has joined the board of directors of FORMULA SELECTED ApS.
As of October 28, 2013, Jan Dal Lehrmann has joined the board of directors of FORMULA SELECTED ApS.
As of October 28, 2013, Jakob Thaysen is registered as director of FORMULA SELECTED ApS.
As of October 28, 2013, 16 HOLDING ApS is registered as an owner of FORMULA SELECTED ApS with an ownership share of 50%.
FORMULA SELECTED ApS was founded on October 28, 2013.
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