A/S Formula IT
Public limited companyCVR 43379941VallensbækActive
A/S Formula IT is a public limited company, based in Vallensbæk, active in wholesale of information and communication equipment, founded in 2022. Equity grew to DKK 4.9m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 4% (2024 → 2025), to DKK 5.9m.
- Equity rose 39% (2024 → 2025), to DKK 4.9m.
Employees
- 1 fewer employees than a year earlier: 6 (07/2026) against 7 (07/2025).
Management and owners, last 24 months
- New in management: Gert Joensen (board member, 08/01/2025) and Eyoun Thorsvig (chair of the board, 08/01/2025).
- Stepped down: Árni Arge (chair of the board, 08/01/2025) and Eyoun Thorsvig (board member, 07/01/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Wholesale of information and communication equipment (465000)
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2022–2025 · amounts in DKK thousandEquity and net profit
| 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | – |
| Gross profit | 1,320 | 5,036 | 5,607 | 5,853 | +4.4% |
| Operating profit (EBIT) | – | 1,913 | 1,793 | 1,785 | −0.4% |
| Profit before tax | 298 | 1,873 | 1,776 | 1,781 | +0.3% |
| Net profit | 219 | 1,450 | 1,375 | 1,382 | +0.5% |
| Total assets | 3,186 | 5,956 | 8,660 | 9,842 | +13.6% |
| Equity | 719 | 2,168 | 3,539 | 4,921 | +39.1% |
| Liabilities | 2,467 | 3,778 | 5,111 | 4,913 | −3.9% |
| Cash and cash equivalents | 214 | 1,852 | 2,807 | 4,407 | +57% |
| Average number of employees | 2 | 3 | 5 | 5 | 0% |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Annual reports
4 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 27/02/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 07/03/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 03/04/2024 | The company | PDFXBRL |
| 2022 | 16/06/2022 – 31/12/2022 | 06/03/2023 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
543 companies in the databaseComparison with the other companies in wholesale of information and communication equipment based on the latest financial year.
Industry median: gross profit DKK 5.3m, net profit DKK 594k, equity DKK 3.9m, 5 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 11,041of 69,742 Better than 84% | No. 14,316of 69,964 Better than 80% |
| Same industry and fewer than 20 employees429 companies in the comparison | No. 143of 429 Better than 67% | No. 143of 429 Better than 67% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 1,901of 16,614 Better than 89% | No. 1,327of 16,661 Better than 92% |
| All companies of type A/S18,025 companies in the comparison | No. 11,316of 17,786 Better than 36% | No. 11,550of 18,024 Better than 36% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Wholesale of information and communication equipment- A/S Formula ITDKK 5.9m
- Atea A/SDKK 1.2bn
- Siemens AktieselskabDKK 448.5m
- A/S Formula ITDKK 1.4m
- Atea A/SDKK 2.2m
- Siemens AktieselskabDKK 93.5m
- A/S Formula ITDKK 4.9m
- Atea A/SDKK 694.3m
- Siemens AktieselskabDKK 279.7m
- A/S Formula IT6
- Atea A/S1,550
- Siemens Aktieselskab640
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Thomas Østergaard Nielsen15%
- Claus Holdgaard Andersen15%
- P/F Formula50%
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Fróði Magnussen | Director | 16/06/2022 |
| Claus Holdgaard Andersen | Director | 26/03/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Fróði Magnussen | Board member | 16/06/2022 |
| Thomas Østergaard Nielsen | Board member | 26/03/2024 |
| Gert Joensen | Board member | 08/01/2025 |
| Eyoun Thorsvig | Chair of the board | 08/01/2025 |
- Founders
- Hafnia Advokatpartnerselskab
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Árni Arge | Chair of the board | 16/06/2022 | 08/01/2025 |
| Eyoun Thorsvig | Board member | 16/06/2022 | 07/01/2025 |
Signing rule: Selskabet tegnes af en direktør sammen med et medlem af bestyrelsen, af to direktører i forening, eller af to medlemmer af bestyrelsen i forening.
Address and production units
1 active production unitsJydekrogen 7
2625 Vallensbæk
Vallensbæk Municipality · Postcode 2625
Other companies at the address (2)
- Mileway Denmark ApSBusiness and other management consultancy activities
- LM Food ApSManufacture of other food products n.e.c.
| Production unit | Address | Employees | P number |
|---|---|---|---|
| A/S Formula IT | Jydekrogen 7, 2625 Vallensbæk | 5 | 1028400345 |
Purpose
Selskabets formål er at udøve virksomhed med levering af it-løsninger med tilhørende hardware og service og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
23 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20256 changesaccounts 1 · management 4 · industry 1
- AccountsAnnual report for 2024 published
- ManagementGert Joensen appointed board member
- ManagementEyoun Thorsvig appointed chair of the board
- ManagementÁrni Arge stepped down as chair of the board
- ManagementEyoun Thorsvig stepped down as board member
- IndustryIndustry changed to Wholesale of information and communication equipment (465000)
20243 changesaccounts 1 · management 2
- AccountsAnnual report for 2023 published
- ManagementThomas Østergaard Nielsen appointed board member
- ManagementClaus Holdgaard Andersen appointed director
20233 changesaddress 1 · industry 1 · accounts 1
- AddressMoved to Jydekrogen 7, 2625 Vallensbæk
- IndustryIndustry changed to Engroshandel med computere, ydre enheder og software (465100)
- AccountsAnnual report for 2022 published
202210 changesownership 5 · founded 1 · management 4
- OwnershipThomas Østergaard Nielsen registered as owner (15%)
- OwnershipClaus Holdgaard Andersen registered as owner (15%)
- OwnershipP/F Formula registered as owner (50%)
- OwnershipP/F Formula is no longer registered as owner
- FoundedRegistered as A/S Formula IT
- ManagementÁrni Arge appointed chair of the board
- ManagementEyoun Thorsvig appointed board member
- ManagementFróði Magnussen appointed director
- ManagementFróði Magnussen appointed board member
- OwnershipP/F Formula registered as owner (100%)
Related companies
Same industry in Vallensbæk
- Ricoh Danmark A/S114 employees
- Brother Nordic A/S24 employees
- Acte A/S14 employees
- Proact Systems A/S14 employees
- Drone Volt Scandinavia ApS10 employees
Same people in management
- Trendshots ApSvia Thomas Østergaard Nielsen
- Karema Foods A/Svia Árni Arge
- Globe Tracker ApSvia Fróði Magnussen
Largest in the industry
- Atea A/SDKK 1.2bn
- Siemens AktieselskabDKK 448.5m
- Invisio A/SDKK 434.7m
- Danoffice IT ApSDKK 308.6m
- Nellemann Holding A/SDKK 300.5m
- Eet Group A/SDKK 265.9m
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.