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FORMULA SELECTED ApS: Financial statements 2020

CVR: 35524568

Source: annual report 2020, Danish Business Authority

01/01/202031/12/2020

FORMULA SELECTED ApS (CVR 35524568) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 8,213,685 and a net result of DKK 3,677,850 compared with DKK 1,806,890 the year before. That is an increase of 54.6% compared with the year before. Equity in the 2020 report amounted to DKK 16,552,771. The solvency ratio was 55.1%. The company had 3 employees in the financial year.

Gross Profit
DKK 8,213,685
Profit/Loss
DKK 3,677,850
Equity
DKK 16,552,771
Total Assets
DKK 30,035,716
Employees
3

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020-8.2 mio.3.7 mio.16.6 mio.3
2019-5.3 mio.1.8 mio.12.9 mio.3
2018-1.2 mio.423 t.11 mio.2
2017-8.3 mio.4.5 mio.10.5 mio.2
2016-9 mio.4.8 mio.6.2 mio.2

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Events in 2020

FORMULA SELECTED ApS: The 2019 annual report is outSep 10, 2020

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.

About FORMULA SELECTED ApS

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