FORMULA SELECTED ApS

CVR 35524568 · Private limited company (ApS) · Active · Low risk

FORMULA SELECTED ApS is a Private limited company (ApS), founded on , based in Kongens Lyngby. The company is registered in the industry engroshandel med motorkøretøjer. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 12 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 20.5m and a net result of DKK 2.0m. CEO: Jakob Thaysen.

Bankruptcy risk for FORMULA SELECTED ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
35524568
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Lundtoftegårdsvej 10
2800 Kongens Lyngby
Municipality
Lyngby-Taarbæk
Industry
Engroshandel med motorkøretøjer (467100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 80k
Employees
2 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 12
Missing annual reportNo
Negative equityNo
Equity ratio36.4%
Current ratio155%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 9.1mDKK 12.8m
Net profitDKK 2.0mDKK 3.7m
EquityDKK 20.5mDKK 18.9m
Total assetsDKK 56.4mDKK 57.3m
CashDKK 2,295–
Short-term debtDKK 35.9m–
Tax owedDKK 509k–
Avg. employees6–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025138
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020162
1 Jan 2019 – 31 Dec 2019254 Late
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016159
1 Jan 2015 – 31 Dec 2015153
28 Oct 2013 – 31 Dec 2014159

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

RoleNameFromTo
CEOJakob ThaysenCurrent
BoardJakob ThaysenCurrent
BoardJohnny LaursenCurrent
BoardDea Milo JungerstedCurrent
BoardJan Dal Lehrmann
Owner (50%)16 HOLDING ApSCurrent
Owner (50%)Formula Holding 2017 A/SCurrent
Owner (50%)FORMULA AUTOMOBILE A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderFORMULA AUTOMOBILE A/SCurrent
Founder16 HOLDING ApSCurrent

The CEOs' other companies

Jakob Thaysen – 6 other companies

Address history (2 moves)

Lundtoftegårdsvej 10, 2800 Kongens Lyngby
Lundtoftegårdsvej 10, 2800 Kongens Lyngby
Bjarkesvej 3, 3450 Allerød

Employees per year

Number of employees at FORMULA SELECTED ApS per year232014: 320142015: 220152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about FORMULA SELECTED ApS

Has FORMULA SELECTED ApS gone bankrupt?

No, FORMULA SELECTED ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of FORMULA SELECTED ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of FORMULA SELECTED ApS?

Jakob Thaysen is the CEO of FORMULA SELECTED ApS.

Who is the auditor of FORMULA SELECTED ApS?

FORMULA SELECTED ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was FORMULA SELECTED ApS founded?

FORMULA SELECTED ApS was founded on 28 October 2013.

What is the equity of FORMULA SELECTED ApS?

Equity was DKK 20.5m 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.