THE WAY FORWARD ApS: Financial statements 2021
CVR: 25473159
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
THE WAY FORWARD ApS (CVR 25473159) has filed annual accounts for 2021. In 2021, the company reported revenue of DKK 2,370,000 and a net result of DKK -2,775,000 compared with DKK 15,159,000 the year before. That is a decrease of 41.8% compared with the year before. The profit margin was -117.1%. Equity in the 2021 report amounted to DKK 131,371,000. The solvency ratio was 92.9%. The company had 223 employees in the financial year.
- Revenue
- DKK 2,370,000
- Gross Profit
- DKK -500,000
- Profit/Loss
- DKK -2,775,000
- Equity
- DKK 131,371,000
- Total Assets
- DKK 141,486,000
- Employees
- 223
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | 2.4 mio. | -500 t. | -2.8 mio. | 131.4 mio. | 223 |
| 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 |
Official annual report
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THE WAY FORWARD ApS has published its annual report for 2020. Revenue came to DKK 4,070,000, and the net result was DKK 15,159,000.
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.