THE WAY FORWARD ApS: Financial statements 2020
CVR: 25473159
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
THE WAY FORWARD ApS (CVR 25473159) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 4,070,000 and a net result of DKK 15,159,000 compared with DKK 536,000 the year before. That is an increase of 109.1% compared with the year before. The profit margin was 372.5%. Equity in the 2020 report amounted to DKK 124,750,000. The solvency ratio was 94.7%. The company had 3,000 employees in the financial year.
- Revenue
- DKK 4,070,000
- Gross Profit
- DKK 523,000
- Profit/Loss
- DKK 15,159,000
- Equity
- DKK 124,750,000
- Total Assets
- DKK 131,770,000
- Employees
- 3,000
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 4.1 mio. | 523 t. | 15.2 mio. | 124.8 mio. | 3000 |
| 2019 | 1.9 mio. | -1 mio. | 536 t. | 125.2 mio. | 277 |
| 2018 | 1.1 mio. | 507 t. | 1.2 mio. | 126.5 mio. | 273 |
| 2017 | 1.4 mio. | 1.6 mio. | -3.6 mio. | 122.4 mio. | 293 |
| 2016 | 1.1 mio. | 969 t. | 618 t. | 131.7 mio. | 327 |
Official annual report
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THE WAY FORWARD ApS has published its annual report for 2019. Revenue came to DKK 1,946,000, and the net result was DKK 536,000.
About THE WAY FORWARD ApS
THE WAY FORWARD ApS is a Danish company of the type Anpartsselskab based in København K, founded in 2000. The company is registered under the industry Engroshandel med motorkøretøjer. The company was previously named MADS KJÆR HOLDING ApS. The management consists of Mads Krarup Kjær. The board consists of Hanne Kjær (chair), Hans-Emil Krarup Kjær, Karl Kristian Krarup Kjær and Mads Krarup Kjær. The company is owned by Mads Krarup Kjær. The company has 3 employees (2018). In 2025, the company reported revenue of DKK 4,991,000 and a net result of DKK -43,174,000 compared with DKK 2,727,000 the year before. Equity in the 2025 report amounted to DKK 119,566,000.