CVR 25473159Private limited company (ApS)Engroshandel med motorkøretøjer (467100)København KFounded 16 Jun 2000
Employees
1
CVR registry, Aug 2026
-1 (-50%) over 12 months
Revenue
300.8M
DKK, annual report 2025
-14.2% on 2024
Result
-39.2M
DKK, annual report 2025
Equity
119.6M
DKK, annual report 2025
Dandex has recorded no changes to this company since it began following the register.
Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.
Dandex is Danish company data. Connect it once and ask about THE WAY FORWARD ApS, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexMads Krarup Kjær100% of capital and votes, since 16 Jun 2000
Mads Krarup Kjærsince 1 Aug 2003
100% of capital and votessince 16 Jun 2000
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
6 Danish companies, which own 6 more one level down.
SubsidiaryCVR 32347878100% of capital and votes
SubsidiaryCVR 44100924100% of votes
CVR 8131721625% to under 33.3% of capital and 5% to under 10% of votes
SubsidiaryCVR 44100908100% of votes
CVR 8131721625% to under 33.3% of capital and 5% to under 10% of votes
SubsidiaryCVR 8131721650% to under 66.7% of capital and 66.7% to under 90% of votes
SubsidiaryCVR 34600872100% of capital and votes
SubsidiaryCVR 25473108100% of capital and votes
SubsidiaryCVR 34600880100% of capital and votes
CVR 448568405% to under 10% of capital and votes
CVR 4311281315% to under 20% of capital and votes
CVR 4248173410% to under 15% of capital
Found by searching the CVR owner register (ejerregister) for THE WAY FORWARD ApS as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.
CVR 3106117250% to under 66.7% of capital and votes1 Nov 2007 to 30 Dec 2025
CVR 2968889333.3% to under 50% of capital and votes22 Jun 2006 to 3 Nov 2025
CVR 2960386366.7% to under 90% of capital and votes1 Jul 2013 to 19 Aug 2024
CVR 3648566310% to under 15% of capital and votes5 Dec 2014 to 31 Mar 2023
CVR 3645044410% to under 15% of capital and votes2 Dec 2014 to 31 Mar 2023
CVR 2058440825% to under 33.3% of capital and 33.3% to under 50% of votes1 Jun 2003 to 23 May 2022
CVR 2639436810% to under 15% of capital and votes20 May 2015 to 31 Jan 2020
CVR 3711612225% to under 33.3% of capital and votes29 Sep 2015 to 11 Oct 2019
CVR 257340335% to under 10% of capital and votes19 May 2014 to 16 Jul 2019
CVR 3796608810% to under 15% of capital and votes29 Aug 2016 to 16 Oct 2018
CVR 3654761810% to under 15% of capital and votes25 Feb 2015 to 10 Aug 2018
CVR 369457455% to under 10% of capital and votes30 Nov 2015 to 4 Apr 2017
CVR 3446964425% to under 33.3% of capital and votes29 Mar 2012 to 28 Mar 2017
CVR 311626105% to under 10% of capital and votes26 Nov 2015 to 21 Dec 2015
CVR records founders at incorporation. It does not record whether they are alive or still involved.
1 Aug 2003 to 1 Nov 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 244,486 | 399,300 | 431,500 | 350,403 | 300,777 |
| Operating profit | -5,222 | +23,814 | +22,102 | +16,577 | Not reported |
| Result for the year | -4,688 | +34,200 | +2,500 | +1,313 | -39,230 |
| Equity | 149,624 | 190,600 | 168,900 | 171,562 | 119,566 |
| Total assets | 284,024 | 396,100 | 450,900 | 463,093 | 365,244 |
| Employees (average) | 223 | 235 | 241 | 259 | 253 |
| Credit metrics (Dandex calculations) | |||||
| Revenue growth (omsætningsvækst) | 3.4% | 63.3% | 8.1% | -18.8% | -14.2% |
| EBIT margin (overskudsgrad) | -2.1% | 6% | 5.1% | 4.7% | -9.9%note 1 |
| EBITDA | 2,220 | 31,250 | 29,777 | 22,969 | -23,289note 1 |
| EBITDA margin | 0.9% | 7.8% | 6.9% | 6.6% | -7.7%note 1 |
| Employee growth (vækst i antal ansatte) | -8.2% | 5.4% | 2.6% | 7.5% | -2.3% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | 58,548 | 87,297 | 156,735 | 205,589 | 155,588 |
| Gearing, NIBD / EBITDA | 26.4x | 2.8x | 5.3x | 9x | n.m.note 2 |
| ROIC (afkast af investeret kapital) | -2.1%note 3 | 6.4% | 5.8%note 4 | 3.7%note 4 | -7%note 5 |
| Capex (investeringer i anlægsaktiver) | 5,616 | 17,382 | 16,870 | 7,238 | 11,539 |
| Capex % of sales (investeringer i procent af omsætningen) | 2.3% | 4.4% | 3.9% | 2.1% | 3.8% |
| FCFF / EBITDA (pengestrømskonvertering) | -743.7%note 6 | 14.1%note 7 | -49.5%note 8 | -5.9%note 8 | n.m.note 2 |
DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.
Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages and gearing a multiple. Definitions. Group figures (koncern).
Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 25 Jul 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 2 Jul 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 1 Jul 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 3 Jul 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 4 Jul 2022
1 registered in CVR.
P-number 1007745296Sankt Annæ Plads 19, 1250 København K
