Formula Investment Cars ApS

CVR 41183446 · Private limited company (ApS) · Active · Medium risk

Formula Investment Cars ApS is a Private limited company (ApS), founded on , based in Kongens Lyngby. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 6 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 -32k and a net result of DKK -11k. CEO: Jesper Viskum Schak.

Bankruptcy risk for Formula Investment Cars ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
41183446
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Lundtoftegårdsvej 10, st.
2800 Kongens Lyngby
Municipality
Lyngby-Taarbæk
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-182.1%
Current ratio35%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address17
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -20kDKK -22kDKK -13k
Net profitDKK -11kDKK -17kDKK -10k
EquityDKK -32kDKK -21kDKK -4,072
Total assetsDKK 18kDKK 18kDKK 19k
CashDKK 368DKK 10k–
Short-term debtDKK 50kDKK 40k–
Avg. employees0––

Latest annual report: Reporting class B · 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 2023184 Late
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021179
19 Feb 2020 – 31 Dec 2020185 Late

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
BoardJohnny LaursenCurrent
BoardHelle Camilla LaursenCurrent
BoardJesper Viskum SchakCurrent
Owner (100%)Formula Holding 2017 A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderFormula Holding 2017 A/SCurrent

The CEOs' other companies

Jesper Viskum Schak – 6 other companies

Address history (1 moves)

Lundtoftegårdsvej 10, st., 2800 Kongens Lyngby
Lundtoftegårdsvej 10, st., 2800 Kongens Lyngby

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about Formula Investment Cars ApS

Has Formula Investment Cars ApS gone bankrupt?

No, Formula Investment Cars ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Formula Investment Cars ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Formula Investment Cars ApS?

Jesper Viskum Schak is the CEO of Formula Investment Cars ApS.

Who is the auditor of Formula Investment Cars ApS?

Formula Investment Cars ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Formula Investment Cars ApS founded?

Formula Investment Cars ApS was founded on 19 February 2020.

What is the equity of Formula Investment Cars ApS?

Equity was DKK -32k 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.