Formel1 ApS — Credit Rating and Financial Key Figures
 CVR number: 37266930 
  Buddingevej 99, 2800 Kongens Lyngby 
 eaggerholm@gmail.com 
 tel: 51866667 
 www.gigga.com 
 Income statement (kDKK)
| 2016 | 2017 | |
|---|---|---|
| Fiscal period length | 12 | 12 | 
| Net sales | 18.75 | |
| External services | -87.78 | -96.00 | 
| Gross profit | -87.78 | -77.25 | 
| Total depreciation | -2.23 | -52.33 | 
| EBIT | -90.01 | - 129.58 | 
| Other financial expenses | -0.14 | |
| Pre-tax profit | -90.01 | - 129.72 | 
| Income taxes | 48.05 | 64.20 | 
| Net earnings | -41.95 | -65.52 | 
Assets (kDKK)
| 2016 | 2017 | |
|---|---|---|
| Development expenditure | 128.42 | 291.37 | 
| Intangible assets total | 128.42 | 291.37 | 
| Tangible assets total | ||
| Investments total | ||
| Deferred tax assets | 39.02 | 99.95 | 
| Long term receivables total | 39.02 | 99.95 | 
| Inventories total | ||
| Current other receivables | 16.19 | 41.27 | 
| Current deferred tax assets | 9.03 | 3.27 | 
| Short term receivables total | 25.21 | 44.55 | 
| Cash and bank deposits | 30.15 | 148.75 | 
| Cash and cash equivalents | 30.15 | 148.75 | 
| Balance sheet total (assets) | 222.81 | 584.62 | 
Equity and liabilities (kDKK)
| 2016 | 2017 | |
|---|---|---|
| Share capital | 25.00 | 195.00 | 
| Retained earnings | 416.21 | |
| Profit of the financial year | -41.95 | -65.52 | 
| Shareholders equity total | -16.95 | 545.69 | 
| Non-current liabilities total | ||
| Current owed to participating | 188.74 | |
| Current owed to group member | 51.02 | 28.19 | 
| Other non-interest bearing current liabilities | 10.75 | |
| Current liabilities total | 239.76 | 38.94 | 
| Balance sheet total (liabilities) | 222.81 | 584.62 | 
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