About Formula Leasing
Formula Leasing is a company based in Kongens Lyngby (Denmark) founded in 1947.. The company has 13 employees as of November 30, 2024. Formula Leasing offers products and services including Flex Leasing, Del-Leasing, and Sæsonleasing. Formula Leasing operates in a competitive market with competitors including Porsche, AUTO1.com, Pendragon, COYOTE and BilBasen, among others.
- Headquarter Kongens Lyngby, Denmark
- Employees 13 as on 30 Nov, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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- Legal Name Formula Leasing A/S
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Annual Revenue
$36.24 M (USD)0as on Dec 31, 2021
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Net Profit
$1.42 M (USD)14as on Dec 31, 2022
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
13
as on Nov 30, 2024
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Products & Services of Formula Leasing
Formula Leasing offers a comprehensive portfolio of products and services, including Flex Leasing, Del-Leasing, and Sæsonleasing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Flexible car leasing with minimum one-month terms and included insurance
Shared leasing options for vehicles with customizable periods
Seasonal car leasing for temporary use with tracking features
Funding Insights of Formula Leasing
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Formula Leasing
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Formula Leasing
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Formula Leasing Comparisons
Competitors of Formula Leasing
Formula Leasing operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Porsche, AUTO1.com, Pendragon, COYOTE and BilBasen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Luxury sports cars are designed, manufactured, and distributed internationally.
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| domain | founded_year | HQ Location |
AUTO1.com is recognized as Europe’s largest wholesale platform for used cars.
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| domain | founded_year | HQ Location |
Car dealership, repair, and leasing services are provided.
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| domain | founded_year | HQ Location |
Integrated solutions for fleet management and vehicle tracking
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| domain | founded_year | HQ Location |
Online classifieds for used cars are facilitated with valuation tools.
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| domain | founded_year | HQ Location |
Automotive cars are distributed by Nic. Christiansen Gruppen in Denmark.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Formula Leasing
When was Formula Leasing founded?
Formula Leasing was founded in 1947.
Where is Formula Leasing located?
Formula Leasing is headquartered in Kongens Lyngby, Denmark. It is registered at Kongens Lyngby, Capital Region, Denmark.
How many employees does Formula Leasing have?
As of Nov 30, 2024, the latest employee count at Formula Leasing is 13.
What is the annual revenue of Formula Leasing?
Annual revenue of Formula Leasing is $36.24M as on Dec 31, 2021.
What does Formula Leasing do?
Formula Leasing was established in 1947 in Kongens Lyngby, Denmark, within the automotive leasing sector. Operations center on luxury vehicles, particularly Ferrari and Maserati models, through leasing agreements, direct sales, and maintenance support. Services are delivered across multiple Danish locations by a team of professionals, ensuring coverage in the local market for high-end vehicle needs.
Who are the top competitors of Formula Leasing?
What products or services does Formula Leasing offer?
Formula Leasing offers Flex Leasing, Del-Leasing, and Sæsonleasing.