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Formula Selected ApS

Private limited companyCVR 35524568Kongens LyngbyActive

Formula Selected ApS is a private limited company, based in Kongens Lyngby, active in wholesale of motor vehicles, founded in 2013. Net profit fell 46% from 2024 to 2025, ending at DKK 2m.

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Key figures · financial year 2025

Gross profitDKK 9.1m−28.5% vs. 2024
Net profitDKK 2m−45.8% vs. 2024
EquityDKK 20.5m+8.7% vs. 2024
Employees6latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 28% (2024 → 2025), to DKK 9.1m.
  • Net profit fell 46% (2024 → 2025), to DKK 2m.
  • Equity rose 9% (2024 → 2025), to DKK 20.5m.

Employees

  • 1 more employees than a year earlier: 6 (07/2026) against 5 (07/2025).

Registrations, last 24 months

  • 11/03/2025: Moved to Lundtoftegårdsvej 10, 2800 Kongens Lyngby
  • 01/01/2025: Industry changed to Wholesale of motor vehicles (467100)

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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
EquityNet profit
Financial figures for Formula Selected ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit8,21413,21428,2289,80312,7819,145−28.5%
Operating profit (EBIT)4,9269,74721,8344,7655,9753,966−33.6%
Profit before tax4,7179,41920,2501,0254,6862,567−45.2%
Net profit3,6787,33415,7817903,6521,981−45.8%
Total assets30,03647,966125,45248,77457,29956,427−1.5%
Equity16,55323,88629,21414,98218,88020,519+8.7%
Liabilities13,48324,08096,23833,79238,41935,908−6.5%
Cash and cash equivalents2,5045,562428114772−97%
Average number of employees3456660%

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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
Gross profitMedian, the industry (199 companies)

Signals from the financial statements

calculated from the 2025 figures

  • 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 Formula Selected ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202518/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202403/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202303/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202229/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202128/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202011/06/2021The 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
0123456708/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

199 companies in the database

Comparison with the other companies in wholesale of motor vehicles based on the latest financial year.

Gross profitDKK 9.1mNo. 51 of 199
Better than 75% of the companies in the industry
EquityDKK 20.5mNo. 45 of 199
Better than 78% of the companies in the industry
Number of employees6No. 58 of 199
Better than 71% of the companies in the industry

Industry median: gross profit DKK 3.3m, net profit DKK 462k, equity DKK 5.4m, 3 employees.

DKK 100kDKK 1.1mDKK 11.4mDKK 121.2mDKK 587.1mHere
Distribution of gross profit for 182 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 fewer than 20 employees69,967 companies in the comparison
No. 5,588of 69,742
Better than 92%
No. 5,697of 69,964
Better than 92%
Same industry and fewer than 20 employees174 companies in the comparison
No. 29of 174
Better than 84%
No. 25of 174
Better than 86%
Companies that are between 5 and 14 years old33,679 companies in the comparison
No. 4,820of 33,579
Better than 86%
No. 2,264of 33,678
Better than 93%
All companies of type ApS66,508 companies in the comparison
No. 6,830of 66,379
Better than 90%
No. 4,163of 66,505
Better than 94%

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 motor vehicles
Gross profit
  1. Formula Selected ApSDKK 9.1m
  2. Wismo Group A/SDKK 1.3bn
  3. Scania Danmark A/SDKK 952.6m
Net profit
  1. Formula Selected ApSDKK 2m
  2. Wismo Group A/SDKK 662.3m
  3. Scania Danmark A/SDKK 219.8m
Equity
  1. Formula Selected ApSDKK 20.5m
  2. Wismo Group A/SDKK 2.7bn
  3. Scania Danmark A/SDKK 444m
Employees
  1. Formula Selected ApS6
  2. Wismo Group A/S66
  3. Scania Danmark A/S817

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
  • 16 Holding ApS50%
  • Formula Holding 2017 A/S50%
Formula Selected ApS

Management

4 active registrations

Executive management

Executive management at Formula Selected ApS
NameRoleAppointed
Jakob ThaysenDirector28/10/2013

Board of directors

Board of directors at Formula Selected ApS
NameRoleAppointed
Jakob ThaysenBoard member28/10/2013
Johnny LaursenChair of the board28/10/2013
Dea Milo JungerstedBoard member25/05/2021
Founders
Formula Automobile A/S, 16 Holding ApS
Former management (1)
Former management at Formula Selected ApS
NameRoleAppointedResigned
Jan Dal LehrmannBoard member28/10/201325/05/2021

Signing rule: Selskabet tegnes af én direktør sammen med bestyrelsesformanden.

Address and production units

1 active production units

Lundtoftegårdsvej 10
2800 Kongens Lyngby

Lyngby-Taarbæk Municipality · Postcode 2800

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
FORMULA SELECTED ApSLundtoftegårdsvej 10, 2800 Kongens Lyngby61018867954

Purpose

Selskabets formål er at drive handel med køb og salg af biler samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

24 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20253 changesaccounts 1 · address 1 · industry 1
  • Annual report for 2024 published
  • Moved to Lundtoftegårdsvej 10, 2800 Kongens Lyngby
  • Industry changed to Wholesale of motor vehicles (467100)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20215 changesaddress 2 · accounts 1 · management 2
  • Moved to Lundtoftegårdsvej 10, 2800 Kongens Lyngby
  • Moved to Lundtoftegårdsvej 10, 2800 Kongens Lyngby
  • Annual report for 2020 published
  • Dea Milo Jungersted appointed board member
  • Jan Dal Lehrmann stepped down as board member
20191 changeaddress 1
  • Moved to Lundtoftegårdsvej 10, 2800 Kongens Lyngby
20181 changeaddress 1
  • Moved to Lundtoftegårdsvej 10, 2800 Kongens Lyngby
20172 changesownership 2
  • Formula Holding 2017 A/S registered as owner (50%)
  • FORMULA AUTOMOBILE A/S is no longer registered as owner
20138 changesindustry 1 · founded 1 · management 4 · ownership 2
  • Industry changed to Engroshandel med personbiler, varebiler og minibusser (451110)
  • Registered as FORMULA SELECTED ApS
  • Jan Dal Lehrmann appointed board member
  • Jakob Thaysen appointed board member
  • Jakob Thaysen appointed director
  • Johnny Laursen appointed chair of the board
  • FORMULA AUTOMOBILE A/S registered as owner (50%)
  • 16 HOLDING ApS registered as owner (50%)

Related companies

Same industry in Lyngby-Taarbæk

See all →

Same people in management

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.

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