LOWENCO A/S: Financial statements 2020
CVR: 34582424
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
LOWENCO A/S (CVR 34582424) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 85,980,912 and a net result of DKK 48,909,521 compared with DKK 1,726,291 the year before. That is an increase of 560% compared with the year before. Equity in the 2020 report amounted to DKK 58,919,467. The solvency ratio was 45.3%. The company had 22 employees in the financial year.
- Gross Profit
- DKK 85,980,912
- Profit/Loss
- DKK 48,909,521
- Equity
- DKK 58,919,467
- Total Assets
- DKK 130,090,826
- Employees
- 22
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 86 mio. | 48.9 mio. | 58.9 mio. | 22 |
| 2019 | - | 13 mio. | 1.7 mio. | 14.7 mio. | 17 |
| 2018 | - | 7.5 mio. | 5 t. | 12.9 mio. | 17 |
| 2017 | - | 10.4 mio. | 2.4 mio. | 13.2 mio. | 12 |
| 2016 | - | 16.2 mio. | 5.6 mio. | 11.2 mio. | 14 |
Official annual report
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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.
About LOWENCO A/S
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 73 employees (2026). 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.