THE WAY FORWARD ApS
CVR 25473159 · Private limited company (ApS) · Active · Low risk
THE WAY FORWARD ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry engroshandel med motorkøretøjer. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 119.6m and a net result of DKK -43.2m.
Bankruptcy risk for THE WAY FORWARD ApS
0.3 × the average (1.41%) · higher risk than 57% of active Danish companies
Increases the risk
Reduces the risk
The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.
Company details
- CVR number
- 25473159
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (26 years)
- Address
- Sankt Annæ Plads 19A, 2. mf
1250 København K - Municipality
- København
- Industry
- Engroshandel med motorkøretøjer (467100)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse - Share capital
- DKK 10.0m
- Employees
- 3 (2018)
- Auditor
- Cedra Godkendt Revisionsaktieselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 7 of 26 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 86.2% |
| Current ratio | 124% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 38 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | DKK 5.0m | DKK 1.2m | DKK 5.8m |
| Gross profit | DKK -1.6m | DKK -559k | DKK -873k |
| Net profit | DKK -43.2m | DKK 2.7m | DKK 284k |
| Equity | DKK 119.6m | DKK 169.7m | DKK 165.3m |
| Total assets | DKK 138.6m | DKK 198.1m | DKK 196.7m |
| Cash | DKK 9.7m | DKK 1,000 | – |
| Short-term debt | DKK 17.4m | DKK 24.3m | – |
| Tax owed | DKK 0 | DKK 0 | – |
| Avg. employees | 2 | 2 | – |
Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Den uafhængige revisors erklæring · Revision.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 206 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 183 | ||
| 1 Jan 2023 – 31 Dec 2023 | 183 | ||
| 1 Jan 2022 – 31 Dec 2022 | 184 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 185 | Late | |
| 1 Jan 2020 – 31 Dec 2020 | 187 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 248 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 157 | ||
| 1 Jan 2017 – 31 Dec 2017 | 163 | ||
| 1 Jan 2016 – 31 Dec 2016 | 151 | ||
| 1 Jan 2015 – 31 Dec 2015 | 160 | ||
| 1 Jan 2014 – 31 Dec 2014 | 154 | ||
| 1 Jan 2013 – 31 Dec 2013 | 155 | ||
| 1 Jan 2012 – 31 Dec 2012 | 161 | ||
| 1 Jan 2011 – 31 Dec 2011 | 159 | ||
| 1 Jan 2010 – 31 Dec 2010 | 165 | ||
| 1 Jan 2009 – 31 Dec 2009 | 160 | ||
| 1 Jan 2008 – 31 Dec 2008 | 173 | ||
| 1 Jan 2007 – 31 Dec 2007 | 169 | ||
| 1 Jan 2006 – 31 Dec 2006 | 164 |
The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.
Management, owners and auditor
| Role | Name | From | To |
|---|---|---|---|
| CEO | Mads Krarup Kjær | ||
| Board | Mads Krarup Kjær | Current | |
| Board | Hanne Kjær | Current | |
| Board | Karl Kristian Krarup Kjær | Current | |
| Board | Hans-Emil Krarup Kjær | Current | |
| Board | Flemming Eltang | ||
| Owner (100%) | Mads Krarup Kjær | Current | |
| Auditor | Cedra Godkendt Revisionsaktieselskab | Current | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | Mads Krarup Kjær | Current |
The CEOs' other companies
Mads Krarup Kjær – 53 other companies, of which 5 bankrupt
- AFVIKLINGSSELSKABET AF 07.12.2007 ApS Bankrupt 13 Dec 2007
- HJM HOLDING ApS Bankrupt 19 Dec 2001
- MAKING A DIFFERENCE A/S Bankrupt 21 Dec 2006
- Paytech Invest A/S Bankrupt 25 Oct 2022
- REIEMNAJ A/S Bankrupt 10 Feb 2004
- 19.12. AF 2001 A/S Compulsorily dissolved
- AFRIKA-SAFARI INVEST A/S Opløst
- ANDERSEN & MARTINI HOLDING A/S Active
- AUTO KJAER A/S Active
- AUTO TRADING DENMARK A/S Opløst
- AUTOKJAER A/S Fusioneret
- ApS af 09.03.2015 Opløst
- BILHUSET CHR. KJÆR AUTO TRADING AND EXPORT A/S Fusioneret
- BoxNow ApS Active
- C4-AFRICA A/S Opløst
- CAM INVEST A/S Opløst
- CAMAHUS EJENDOMME ApS Active
- DG AFRIKA-SAFARI INVEST A/S Opløst
- Dalumvej Ejendomme ApS Active
- EFKT Danmark A/S Active
- EJENDOMSAKTIESELSKABET SVENDBORG Active
- EJENDOMSSELSKABET GRØNNEMOSEVEJ 6 ApS Active
- Esoft Systems A/S Active
- FREDERIKSØEN A/S Opløst
- FRONTLINE MANAGEMENT A/S Opløst
- FYNS EJENDOMS INVEST ApS Fusioneret
- GARVERGAARDEN ApS Active
- GRØNLØKKEN EJENDOMME ApS Active
- KJAER & KJAER A/S Active
- KJAER GROUP A/S Active
Address history (3 moves)
| Sankt Annæ Plads 19A, 2. mf, 1250 København K | |
| Sankt Annæ Plads 19A, 2. mf, 1250 København K | |
| Brovejen 1, 5700 Svendborg | |
| Grønnemosevej 6, 5700 Svendborg |
Former names
| THE WAY FORWARD ApS | – now |
| MADS KJÆR HOLDING ApS | – |
Employees per year
Other companies at the same address
- HAVNEFRONTEN INVEST ApS Bankrupt
- Ruben Koné ApS Bankrupt
- SUSHI.COM ApS Bankrupt
- ABSALONSHUS ApS Active
- Amagerhus ApS Active
- BLADT & CO. ApS Active
- BORGEN ApS Active
- BROED-LEASE A/S Opløst
- Bladt Ejendoms- og investeringsselskab ApS Active
- Bladt Invest ApS Active
- Bocca19 Aps Opløst
- Brother Bears ApS Active
- C4-AFRICA A/S Opløst
- CHARLY INTERNATIONAL ApS Opløst
- CHARLY LICENSING ApS Active
- DESIGNGRAFIK HOLDING A/S Opløst
- EJENDOMSANPARTSSELSKABET SLIPPEN 10A, BORDING Opløst
- FEILBERGBAUN ApS Opløst
- FREEPORT FILM ApS Active
- FREEPORT MEDIA ApS Active
- FREETIME ApS Active
- GOGOO ApS Active
- HL 1999 ApS Opløst
- Klint ApS Active
- Lauf ApS Active
Similar companies in København
- PROXIMA INTERNATIONAL ApS København Ø
- TALODOM ApS København K
- KASI HOLDING ApS København K
- MOGENSEN A/S København S
- COBO Consult ApS København N
- PA CONSULTING GROUP A/S Nordhavn
- A.T. KEARNEY DENMARK A/S København K
- J&P Invest, Kbh. ApS København K
- RAMBØLL MANAGEMENT CONSULTING A/S København S
- SELSKABET AF DEN 19.10.2026 A/S København Ø
- Asante Management ApS København SV
- Digital Transformation Capital Partners Denmark ApS København Ø
Questions and answers about THE WAY FORWARD ApS
Has THE WAY FORWARD ApS gone bankrupt?
No, THE WAY FORWARD ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of THE WAY FORWARD ApS?
Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.
Who is the auditor of THE WAY FORWARD ApS?
THE WAY FORWARD ApS most recently used Cedra Godkendt Revisionsaktieselskab.
When was THE WAY FORWARD ApS founded?
THE WAY FORWARD ApS was founded on 16 June 2000.
What is the equity of THE WAY FORWARD ApS?
Equity was DKK 119.6m according to the annual report for the period ending 31 December 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.