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LOWENCO A/S: Financial statements 2022

CVR: 34582424

Source: annual report 2022, Danish Business Authority

01/01/2022 – 31/12/2022

LOWENCO A/S (CVR 34582424) has filed annual accounts for 2022. In 2022, the company reported a gross profit of DKK 46,681,000 and a net result of DKK 3,399,000 compared with DKK 62,170,070 the year before. That is a decrease of 58.9% compared with the year before. Equity in the 2022 report amounted to DKK 27,797,000. The solvency ratio was 30.1%. The company had 22 employees in the financial year.

Gross Profit
DKK 46,681,000
Profit/Loss
DKK 3,399,000
Equity
DKK 27,797,000
Total Assets
DKK 92,214,000
Employees
22

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2022-46.7 mio.3.4 mio.27.8 mio.22
2021-113.6 mio.62.2 mio.54 mio.34
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

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Events in 2022

LOWENCO A/S: The 2021 annual report is outJun 16, 2022

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.

LOWENCO A/S appoints new auditorJun 10, 2022

As of June 10, 2022, EY Godkendt Revisionspartnerselskab has been appointed auditor of LOWENCO A/S.

Auditor steps down at LOWENCO A/SJun 10, 2022

As of June 10, 2022, MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of LOWENCO A/S.

Kim Brian Langaas joins the board of LOWENCO A/SFeb 2, 2022

As of February 2, 2022, Kim Brian Langaas has joined the board of directors of LOWENCO A/S.

Mikael Hoier joins the board of LOWENCO A/SFeb 2, 2022

As of February 2, 2022, Mikael Hoier has joined the board of directors of LOWENCO A/S.

Carl John Michael Berg joins the board of LOWENCO A/SFeb 2, 2022

As of February 2, 2022, Carl John Michael Berg has joined the board of directors of LOWENCO A/S.

Lars Rold Thorsen leaves the board of LOWENCO A/SFeb 2, 2022

As of February 2, 2022, Lars Rold Thorsen has left the board of directors of LOWENCO A/S.

Søren Maarssø leaves the board of LOWENCO A/SFeb 2, 2022

As of February 2, 2022, Søren Maarssø has left the board of directors of LOWENCO A/S.

ULT Denmark ApS registered as owner of LOWENCO A/SFeb 2, 2022

As of February 2, 2022, ULT Denmark ApS is registered as an owner of LOWENCO A/S with an ownership share of 100%.

Kim Brian Langaas leaves the board of LOWENCO A/SFeb 1, 2022

As of February 1, 2022, Kim Brian Langaas has left the board of directors of LOWENCO A/S.

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.

Source: annual report 2025, Danish Business Authority