Owners, management and financials
CVR: 34582424
Previous names: KART-TOOLS ApS, LOWENCO ApS
EUR 35,176,000
Revenue
Net result: EUR 2,435,000
ULT Denmark ApS (100%)
CVR · view owners
Jan Ellegaard
Board: Carl John Michael Berg (chair) and 2 members
CVR · view management
Active
Founded 23 May 2012
CVR · view overview
21 employees
CVR · 2018
Director registered: Jan Ellegaard
CVR · 01/04/2026
View the full event history
LOWENCO A/S is a Danish company of the type Aktieselskab based in Vamdrup, founded in 2012. The company is registered under the industry Fremstilling af klimaanlæg, ikke til husholdningsbrug. The company was previously named LOWENCO ApS and KART-TOOLS ApS. The management consists of Jan Ellegaard. The board consists of Carl John Michael Berg (chair), Jan Ellegaard and Jesper Vestergaard Henriksen. The company is owned by ULT Denmark ApS. The company has 21 employees (2018). In 2025, the company reported revenue of EUR 35,176,000 and a net result of EUR 2,435,000 compared with EUR 5,785,000 the year before. Equity in the 2025 report amounted to EUR 11,935,000.
Source: annual report 2025, Danish Business Authority
LOWENCO A/S demonstrates a fluctuating financial trajectory, with a notable decline in profitability from 2024 to 2025, where profit dropped from €5.785 million to €2.435 million despite an increase in revenue from €32.78 million to €35.176 million. The company's gross profit margins have also decreased, indicating potential challenges in cost management or pricing strategies. Equity has improved from €9.513 million in 2024 to €11.935 million in 2025, reflecting a strengthening balance sheet, although the lack of consistent revenue reporting raises concerns about transparency and stability. Positioned within the non-household air conditioning manufacturing sector, LOWENCO A/S appears to be navigating a competitive landscape, but its recent financial performance suggests a need for strategic adjustments to enhance profitability and operational efficiency.
AI-generated summary · Generated 20/08/2026
Selskabets formål er produktion og salg af mobile og semi-mobil køle/frost opbevaringsenheder til opbevaring af produkter ved specielle temperaturer, samt reservedele for køle/frost anlæg. Herudover salg af værktøj, reservedele og udstyr.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 35.2 mio. EUR | 2.4 mio. EUR | 33.7 mio. EUR | 11.9 mio. EUR | 98 | |
| 202401/01/2024 – 31/12/2024 | 32.8 mio. EUR | 5.8 mio. EUR | 22.2 mio. EUR | 9.5 mio. EUR | - | |
| 202301/01/2023 – 31/12/2023 | - | 2.4 mio. | 133.6 mio. | 30.2 mio. | 34 | |
| 202201/01/2022 – 31/12/2022 | - | 3.4 mio. | 92.2 mio. | 27.8 mio. | 22 | |
| 202101/01/2021 – 31/12/2021 | - | 62.2 mio. | 105.8 mio. | 54 mio. | 34 | |
| 202001/01/2020 – 31/12/2020 | - | 48.9 mio. | 130.1 mio. | 58.9 mio. | 22 | |
| 201901/01/2019 – 31/12/2019 | - | 1.7 mio. | 28.4 mio. | 14.7 mio. | 17 | |
| 201801/01/2018 – 31/12/2018 | - | 5 t. | 31.5 mio. | 12.9 mio. | 17 | |
| 201701/01/2017 – 31/12/2017 | - | 2.4 mio. | 37.8 mio. | 13.2 mio. | 12 | |
| 201601/01/2016 – 31/12/2016 | - | 5.6 mio. | 21.8 mio. | 11.2 mio. | 14 | |
| 201501/01/2015 – 31/12/2015 | - | 4.5 mio. | 14.6 mio. | 6 mio. | 9 | |
| 201401/01/2014 – 31/12/2014 | - | 1.7 mio. | 5.7 mio. | 2.5 mio. | 5 | |
| 201301/01/2013 – 31/12/2013 | - | 268 t. | 3.2 mio. | 718 t. | - |
Compared to 212 companies in Fremstilling af klimaanlæg, ikke til husholdningsbrug
Comparison is based on industry median values
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Try company screeningThe CVR number of LOWENCO A/S is 34582424.
LOWENCO A/S is owned by ULT Denmark ApS.
The management of LOWENCO A/S consists of Jan Ellegaard.
The board of LOWENCO A/S consists of Carl John Michael Berg, Jan Ellegaard and Jesper Vestergaard Henriksen, with Carl John Michael Berg as chair.
In 2025, LOWENCO A/S reported revenue of EUR 35,176,000.
LOWENCO A/S had 21 employees in 2018 according to the Danish CVR register.
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LOWENCO A/S has published its annual report for 2025. Revenue came to DKK 35,176,000, and the net result was DKK 2,435,000.
Contact info changed: new phone: 38400300, new email: [email protected], new website: www.lowenco.com (April 14, 2026).
As of April 1, 2026, Jan Ellegaard has joined the board of directors of LOWENCO A/S.
As of April 1, 2026, Mikael Hoier has left the board of directors of LOWENCO A/S.
As of April 1, 2026, Jan Ellegaard is registered as adm. dir. of LOWENCO A/S.
As of April 1, 2026, Mikael Hoier has stepped down as adm. dir. of LOWENCO A/S.
LOWENCO A/S has published its annual report for 2024. Revenue came to DKK 32,780,000, and the net result was DKK 5,785,000.
LOWENCO A/S has published its annual report for 2023. Gross profit came to DKK 45,969,000, and the net result was DKK 2,435,000.
LOWENCO A/S has published its annual report for 2022. Gross profit came to DKK 46,681,000, and the net result was DKK 3,399,000.
As of May 16, 2023, Jesper Vestergaard Henriksen has joined the board of directors of LOWENCO A/S.
As of May 16, 2023, Kim Brian Langaas has left the board of directors of LOWENCO A/S.
LOWENCO A/S has published its annual report for 2021. Gross profit came to DKK 113,567,913, and the net result was DKK 62,170,070.
As of June 10, 2022, EY Godkendt Revisionspartnerselskab has been appointed auditor of LOWENCO A/S.
As of June 10, 2022, MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of LOWENCO A/S.
As of February 2, 2022, Kim Brian Langaas has joined the board of directors of LOWENCO A/S.
As of February 2, 2022, Mikael Hoier has joined the board of directors of LOWENCO A/S.
As of February 2, 2022, Carl John Michael Berg has joined the board of directors of LOWENCO A/S.
As of February 2, 2022, Lars Rold Thorsen has left the board of directors of LOWENCO A/S.
As of February 2, 2022, Søren Maarssø has left the board of directors of LOWENCO A/S.
As of February 2, 2022, ULT Denmark ApS is registered as an owner of LOWENCO A/S with an ownership share of 100%.
As of February 1, 2022, Kim Brian Langaas has left the board of directors of LOWENCO A/S.
LOWENCO A/S has published its annual report for 2020. Gross profit came to DKK 85,980,912, and the net result was DKK 48,909,521.
As of December 1, 2020, Lars Rold Thorsen has stepped down as director of LOWENCO A/S.
As of November 1, 2020, Mikael Hoier is registered as adm. dir. of LOWENCO A/S.
LOWENCO A/S has published its annual report for 2019. Gross profit came to DKK 13,026,927, and the net result was DKK 1,726,291.
As of December 1, 2019, Søren Maarssø has joined the board of directors of LOWENCO A/S.
As of December 1, 2019, Kim Brian Langaas has joined the board of directors of LOWENCO A/S.
As of December 1, 2019, Henrik Rold Thorsen has left the board of directors of LOWENCO A/S.
As of December 1, 2019, Ida Thorsen has left the board of directors of LOWENCO A/S.
LOWENCO A/S has published its annual report for 2018. Gross profit came to DKK 7,512,556, and the net result was DKK 4,655.
LOWENCO A/S has published its annual report for 2017. Gross profit came to DKK 10,389,614, and the net result was DKK 2,411,445.
As of April 30, 2018, Lars Rold Thorsen has joined the board of directors of LOWENCO A/S.
As of April 30, 2018, Ida Thorsen has joined the board of directors of LOWENCO A/S.
As of April 30, 2018, Lars Rold Thorsen is registered as director of LOWENCO A/S.
As of April 30, 2018, Jesper Meiling Andersen has stepped down as director of LOWENCO A/S.
As of April 29, 2018, Lars Rold Thorsen has left the board of directors of LOWENCO A/S.
As of April 29, 2018, Ida Thorsen has left the board of directors of LOWENCO A/S.
LOWENCO A/S has published its annual report for 2016. Gross profit came to DKK 16,231,783, and the net result was DKK 5,621,390.
LOWENCO A/S has published its annual report for 2015. Gross profit came to DKK 13,054,914, and the net result was DKK 4,533,190.
As of September 1, 2015, Lars Rold Thorsen has joined the board of directors of LOWENCO A/S.
As of September 1, 2015, Ida Thorsen has joined the board of directors of LOWENCO A/S.
As of September 1, 2015, Jesper Meiling Andersen is registered as director of LOWENCO A/S.
As of September 1, 2015, Lars Rold Thorsen has stepped down as director of LOWENCO A/S.
As of August 31, 2015, Lars Rold Thorsen has left the board of directors of LOWENCO A/S.
As of August 31, 2015, Ida Thorsen has left the board of directors of LOWENCO A/S.
LOWENCO A/S has published its annual report for 2014. Gross profit came to DKK 4,654,244, and the net result was DKK 1,745,383.
As of July 31, 2014, Lars Rold Thorsen has joined the board of directors of LOWENCO A/S.
As of July 31, 2014, Henrik Rold Thorsen has joined the board of directors of LOWENCO A/S.
As of July 31, 2014, Ida Thorsen has joined the board of directors of LOWENCO A/S.
On July 31, 2014, the company changed its name from LOWENCO ApS to LOWENCO A/S.
LOWENCO A/S has published its annual report for 2013. Gross profit came to DKK 933,935, and the net result was DKK 267,837.
LOWENCO A/S has published its interim report for the period May 23, 2012 – December 31, 2012.
As of April 25, 2013, MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of LOWENCO A/S.
As of April 25, 2013, FOLK ApS has stepped down as auditor of LOWENCO A/S.
On April 25, 2013, the company changed its name from KART-TOOLS ApS to LOWENCO ApS.
As of May 23, 2012, FOLK ApS has been appointed auditor of LOWENCO A/S.
As of May 23, 2012, Lars Rold Thorsen is registered as director of LOWENCO A/S.
LOWENCO A/S was founded on May 23, 2012.
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