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Formel A ApS

Private limited companyCVR 37279765København KActive

Formel A ApS is a private limited company, based in København K, active in retail sale of furniture, founded in 2015. Net profit fell 67% from 2024 to 2025, ending at DKK 718k. Operations are spread over 4 production units in 3 towns. With 23 employees, the company is about 6 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 10m−21.9% vs. 2024
Net profitDKK 718k−66.9% vs. 2024
EquityDKK 4.7m+18% vs. 2024
Employees23latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 22% (2024 → 2025), to DKK 10m.
  • Net profit fell 67% (2024 → 2025), to DKK 718k.
  • Equity rose 18% (2024 → 2025), to DKK 4.7m.

Employees

  • 3 fewer employees than a year earlier: 23 (07/2026) against 26 (07/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Retail sale of furniture (475510)

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 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
EquityNet profit
Financial figures for Formel A ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,8809,5129,47110,16612,82910,021−21.9%
Operating profit (EBIT)1,3196,6065,1353,3103,2011,362−57.4%
Profit before tax1,3075,3305,8332,7982,8861,058−63.3%
Net profit1,0153,8794,7342,0542,170718−66.9%
Total assets9,74318,74720,38117,47021,99022,600+2.8%
Equity1,1455,0239,7571,8113,9814,699+18%
Liabilities8,58213,64610,59815,60218,00917,901−0.6%
Cash and cash equivalents2,2857,1981,9233,1876,4323,216−50%
Average number of employees281113170−100%

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 2020, 2021, 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

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242025
Gross profitMedian, the industry (215 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Fewer employees

    The number of employees fell 100% from 17 in 2024 to 0 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Formel A ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202517/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202417/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202323/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202208/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202105/08/2022The companyPDFXBRL
202001/01/2020 – 31/12/202007/07/2021The companyPDFXBRL

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 CVR
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

215 companies in the database

Comparison with the other companies in retail sale of furniture based on the latest financial year.

Gross profitDKK 10mNo. 24 of 215
Better than 89% of the companies in the industry
EquityDKK 4.7mNo. 69 of 215
Better than 68% of the companies in the industry
Number of employees23No. 199 of 215
Better than 7% of the companies in the industry

Industry median: gross profit DKK 2.8m, net profit DKK 178k, equity DKK 2.9m, 4 employees.

DKK 100kDKK 1.1mDKK 12.6mDKK 140.7mDKK 704.7mHere
Distribution of gross profit for 203 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 20–49 employees9,922 companies in the comparison
No. 5,753of 9,892
Better than 42%
No. 4,869of 9,922
Better than 51%
Same industry and 20–49 employees13 companies in the comparison
No. 8of 13
Better than 42%
No. 9of 13
Better than 33%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 4,359of 33,588
Better than 87%
No. 6,364of 33,687
Better than 81%
All companies of type ApS66,508 companies in the comparison
No. 6,069of 66,379
Better than 91%
No. 11,759of 66,505
Better than 82%

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

Retail sale of furniture
Gross profit
  1. Formel A ApSDKK 10m
  2. Ikea A/SDKK 1.6bn
  3. Bolia A/SDKK 394.6m
Net profit
  1. Formel A ApSDKK 718k
  2. Ikea A/SDKK 245.3m
  3. Bolia A/SDKK 28.4m
Equity
  1. Formel A ApSDKK 4.7m
  2. Ikea A/SDKK 1.1bn
  3. Bolia A/SDKK 192m
Employees
  1. Formel A ApS23
  2. Ikea A/S2,901
  3. Bolia A/S291

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Deminis Holding ApS100%
Formel A ApS

Management

2 active registrations

Executive management

Executive management at Formel A ApS
NameRoleAppointed
René Rosing HolmCEO01/01/2024
Annette PetersenDirector01/01/2024
Founders
Gitte Winther
Former management (2)
Former management at Formel A ApS
NameRoleAppointedResigned
Gitte WintherDirector04/12/201512/03/2019
Annette PetersenCEO12/03/201931/12/2023

Signing rule: Selskabet tegnes af en direktør.

Address and production units

4 active production units

Esplanaden 1
1263 København K

København Municipality · Postcode 1263

Production units
Production unitAddressEmployeesP number
Formel A ApSEsplanaden 1, 1263 København K11020953108
Formel A Frederiksberg ApSRefshalevej 167F, 1432 København K–1025513270
Formel A Warehouse WestMejerivej 5, 6580 Vamdrup–1031420152
Formel A ÅrhusNørregade 40, 8000 Aarhus C–1031420187

Purpose

Virksomhedens formål er handel med designmøbler og i forbindelse hermed stående aktiviteter.

The purpose is quoted from the register in Danish.

Changes year by year

25 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Retail sale of furniture (475510)
20243 changesaccounts 1 · management 2
  • Annual report for 2023 published
  • René Rosing Holm appointed ceo
  • Annette Petersen appointed director
20232 changesmanagement 1 · accounts 1
  • Annette Petersen stepped down as ceo
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20212 changesaccounts 1 · address 1
  • Annual report for 2020 published
  • Moved to Esplanaden 1, 1263 København K
20202 changesname 1 · address 1
  • Name changed from Formel A Frederiksberg ApS to Formel A ApS
  • Moved to Istedgade 56C, 1650 København V
20198 changesname 1 · address 1 · management 2 · ownership 4
  • Name changed from WINTHER DESIGN SKIVE ApS to Formel A Frederiksberg ApS
  • Moved to Bredgade 4, st, 1260 København K
  • Annette Petersen appointed ceo
  • Gitte Winther stepped down as director
  • Annette Petersen registered as owner (100%)
  • Annette Petersen is no longer registered as owner
  • DEMINIS HOLDING ApS registered as owner (100%)
  • Gitte Winther is no longer registered as owner
20154 changesindustry 1 · founded 1 · management 1 · ownership 1
  • Industry changed to Detailhandel med husholdnings- eller boligudstyr, bortset fra elektriske apparater, via internet (479113)
  • Registered as WINTHER DESIGN SKIVE ApS
  • Gitte Winther appointed director
  • Gitte Winther registered as owner (100%)

Related companies

Same industry in København

See all →

Same people in management

Largest in the industry

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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