Formula Holding 2017 A/S

CVR 38326791 · Public limited company (A/S) · Active · Low risk

Formula Holding 2017 A/S is a Public limited company (A/S), founded on , based in Kongens Lyngby. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 318.1m and a net result of DKK 60.0m. CEO: Jesper Viskum Schak.

Bankruptcy risk for Formula Holding 2017 A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% 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×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · 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
38326791
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
Lundtoftegårdsvej 10
2800 Kongens Lyngby
Municipality
Lyngby-Taarbæk
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 600k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityNo
Equity ratio72.9%
Current ratio19%
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 year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK -658kDKK -727kDKK -437k
Net profitDKK 60.0mDKK 10.9mDKK 14.9m
EquityDKK 318.1mDKK 256.8mDKK 247.1m
Total assetsDKK 436.3mDKK 374.2mDKK 344.4m
CashDKK 665kDKK 243k–
Short-term debtDKK 118.2mDKK 69.3m–
Tax owedDKK 0DKK 0–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025142
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019254 Late
1 Jan 2018 – 31 Dec 2018179
1 Jan 2017 – 31 Dec 2017170

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
CEOJesper Viskum SchakCurrent
BoardCarsten Kultoft LorentsenCurrent
BoardJohnny LaursenCurrent
BoardHelle Camilla LaursenCurrent
BoardConrad Nicholai Weiss LaursenCurrent
BoardErwin Kronborg TøtCurrent
BoardMikkel Noes Westergaard
BoardJan Dal Lehrmann
Owner (100%)BENJAMIN CAPITAL ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderBENJAMIN CAPITAL ApSCurrent

The CEOs' other companies

Jesper Viskum Schak – 6 other companies

Address history (2 moves)

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

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about Formula Holding 2017 A/S

Has Formula Holding 2017 A/S gone bankrupt?

No, Formula Holding 2017 A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Formula Holding 2017 A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Formula Holding 2017 A/S?

Jesper Viskum Schak is the CEO of Formula Holding 2017 A/S.

Who is the auditor of Formula Holding 2017 A/S?

Formula Holding 2017 A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Formula Holding 2017 A/S founded?

Formula Holding 2017 A/S was founded on 6 January 2017.

What is the equity of Formula Holding 2017 A/S?

Equity was DKK 318.1m 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.