FORMULA AUTOMOBILE A/S
CVR 26181992 · Public limited company (A/S) · Active · Low risk
FORMULA AUTOMOBILE A/S is a Public limited company (A/S), founded on , based in Kongens Lyngby. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 145.2m and a net result of DKK 18.0m. CEO: Jesper Viskum Schak.
Bankruptcy risk for FORMULA AUTOMOBILE A/S
0.0 × the average (1.41%) · higher risk than 33% of active Danish companies
Increases the risk
Reduces the risk
The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.
Company details
- CVR number
- 26181992
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (25 years)
- Address
- Lundtoftegårdsvej 10
2800 Kongens Lyngby - Municipality
- Lyngby-Taarbæk
- Industry
- Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv. - Share capital
- DKK 600k
- Employees
- 40 (2018)
- Auditor
- PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 7 of 25 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 28.7% |
| Current ratio | 136% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 8 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 17 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Revenue | DKK 1.1bn | DKK 955.9m |
| Gross profit | DKK 67.5m | DKK 52.1m |
| Net profit | DKK 18.0m | DKK 9.5m |
| Equity | DKK 145.2m | DKK 127.2m |
| Total assets | DKK 505.4m | DKK 514.6m |
| Cash | DKK 31k | – |
| Short-term debt | DKK 359.9m | – |
| Tax owed | DKK 5.3m | – |
| Avg. employees | 64 | – |
Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 161 | ||
| 1 Jan 2024 – 31 Dec 2024 | 184 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 186 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 184 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 179 | ||
| 1 Jan 2020 – 31 Dec 2020 | 190 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 258 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 179 | ||
| 1 Jan 2017 – 31 Dec 2017 | 170 | ||
| 1 Jan 2016 – 31 Dec 2016 | 160 | ||
| 1 Jan 2015 – 31 Dec 2015 | 154 | ||
| 1 Jan 2014 – 31 Dec 2014 | 184 | Late | |
| 1 Jan 2013 – 31 Dec 2013 | 163 | ||
| 1 Jan 2012 – 31 Dec 2012 | 126 | ||
| 1 Jan 2011 – 31 Dec 2011 | 159 | ||
| 1 Jan 2010 – 31 Dec 2010 | 123 | ||
| 1 Jan 2009 – 31 Dec 2009 | 101 | ||
| 1 Jan 2008 – 31 Dec 2008 | 155 | ||
| 1 Oct 2006 – 31 Dec 2007 | 226 | Late | |
| 1 Oct 2005 – 30 Sep 2006 | 61 |
The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.
Management, owners and auditor
| Role | Name | From | To |
|---|---|---|---|
| CEO | Jesper Viskum Schak | Current | |
| CEO | Grethe Svankjær Toftdahl | ||
| CEO | Johnny Laursen | ||
| CEO | Jakob Thaysen | ||
| CEO | Peter Heller Bøckel | ||
| Board | Carsten Kultoft Lorentsen | Current | |
| Board | Johnny Laursen | Current | |
| Board | Helle Camilla Laursen | Current | |
| Board | Conrad Nicholai Weiss Laursen | Current | |
| Board | Erwin Kronborg Tøt | Current | |
| Board | Carsten Halle | ||
| Board | Chresten Juhl Hansen | ||
| Board | Grethe Svankjær Toftdahl | ||
| Board | Ole Carl Damgaard-Nielsen | ||
| Board | Jan Dal Lehrmann | ||
| Board | Peter Heller Bøckel | ||
| Board | Mikkel Noes Westergaard | ||
| Owner (100%) | Formula Holding 2017 A/S | Current | |
| Owner (100%) | BENJAMIN CAPITAL ApS | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | Kreston CM Statsautoriseret Revisions interessentskab | ||
| Auditor | K P M G C JESPERSEN ÅRHUS I/S | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Founder | DAMGAARD-NIELSEN HOLDING ApS | Current |
The CEOs' other companies
Jesper Viskum Schak – 6 other companies
- Esport Racing ApS Opløst
- FORMULA LEASING A/S Active
- Formula Holding 2017 A/S Active
- Formula Investment Cars ApS Active
- MLA Leasing A/S Active
- Repeatly Leasing A/S Active
Grethe Svankjær Toftdahl – 3 other companies
- DAMGAARD-NIELSEN A/S Fusioneret
- DAMGAARD-NIELSEN EJENDOMSAKTIESELSKAB Opløst
- DAMGAARD-NIELSEN HOLDING ApS Active
Johnny Laursen – 52 other companies, of which 2 bankrupt
- DANSK MAGAZINE ApS Bankrupt 27 Apr 2009
- KITCHEN AND MORE HOLDING A/S Bankrupt 3 Jul 2009
- A-SOLUTIONS A/S Active
- AW Laursen Holding ApS Active
- BAZOOM ApS Fusioneret
- BC Finansselskab ApS Active
- BENJAMIN CAPITAL ApS Active
- BENJAMIN HOLDING A/S Active
- BENJAMIN INVESTMENT ApS Opløst
- BENJAMIN MEDIA A/S Fusioneret
- BILBASEN ApS Fusioneret
- Bencap Nord ApS Active
- Benjamin Finance ApS Active
- CAFE BENZON ApS Active
- CIGARKASSEN LL ApS Active
- COMPANET ApS Opløst
- CW Laursen Holding ApS Active
- EJENDOMSSELSKABET AMERIKAVEJ 21 ApS Opløst
- Esport Racing ApS Opløst
- FASHION-POST ApS Opløst
- FORLAGET DANSK AUTO MEDIA A/S Fusioneret
- FORMULA LEASING A/S Active
- FORMULA SELECTED ApS Active
- Formula Holding 2017 A/S Active
- Formula Investment Cars ApS Active
- Frydensbergvej 22 ApS Active
- H3J HOLDING ApS Opløst
- HALMTORVET 29 A/S Active
- IW Laursen Holding ApS Active
- JL EJENDOMME A/S Active
Jakob Thaysen – 6 other companies
- 16 BYG ApS Active
- 16 HOLDING ApS Active
- FORMULA LEASING A/S Active
- FORMULA SELECTED ApS Active
- JAKOB THAYSEN HOLDING ApS Opløst
- MAGASINBUREAUET ApS Opløst
Peter Heller Bøckel – 5 other companies
- BRITISH CAR IMPORT A/S Active
- British MotorGroup A/S Fusioneret
- FORMULA LEASING A/S Active
- H.C. PETERSEN & CO.S EFTF. A/S Active
- SEMLER AUDI DETAIL A/S Fusioneret
Address history (2 moves)
| Lundtoftegårdsvej 10, 2800 Kongens Lyngby | |
| Bjarkesvej 3, 3450 Allerød | |
| Hvidovrevej 75, 2650 Hvidovre |
Former names
| FORMULA AUTOMOBILE A/S | – now |
| FERRARI IMPORT DANMARK A/S | – |
Employees per year
Other companies at the same address
- 16 BYG ApS Active
- 16 HOLDING ApS Active
- BC Finansselskab ApS Active
- Bencap Nord ApS Active
- Benjamin Finance ApS Active
- CAFE BENZON ApS Active
- DANSK SKRALDESUG 2008 ApS Opløst
- EJENDOMSSELSKABET AMERIKAVEJ 21 ApS Opløst
- FORMULA LEASING A/S Active
- FORMULA SELECTED ApS Active
- Formula Holding 2017 A/S Active
- Formula Investment Cars ApS Active
- HALMTORVET 29 A/S Active
- Lundtoftegårdsvej ApS Active
- MHJ RACING ApS Active
- Repeatly Leasing A/S Active
- Urban Rønnegade ApS Active
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- HENRIK WESSEL A/S , KGS. LYNGBY Kongens Lyngby
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Questions and answers about FORMULA AUTOMOBILE A/S
Has FORMULA AUTOMOBILE A/S gone bankrupt?
No, FORMULA AUTOMOBILE A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of FORMULA AUTOMOBILE A/S?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.
Who is the CEO of FORMULA AUTOMOBILE A/S?
Jesper Viskum Schak is the CEO of FORMULA AUTOMOBILE A/S.
Who is the auditor of FORMULA AUTOMOBILE A/S?
FORMULA AUTOMOBILE A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was FORMULA AUTOMOBILE A/S founded?
FORMULA AUTOMOBILE A/S was founded on 14 August 2001.
What is the equity of FORMULA AUTOMOBILE A/S?
Equity was DKK 145.2m according to the annual report for the period ending 31 December 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.