LOWENCO A/S: Financial statements 2024
CVR: 34582424
Source: annual report 2024, Danish Business Authority
01/01/2024 – 31/12/2024
LOWENCO A/S (CVR 34582424) has filed annual accounts for 2024. In 2024, the company reported revenue of EUR 32,780,000 and a net result of EUR 5,785,000 compared with DKK 2,435,000 the year before. The profit margin was 17.6%. Equity in the 2024 report amounted to EUR 9,513,000. The solvency ratio was 42.8%.
- Revenue
- EUR 32,780,000
- Gross Profit
- EUR 14,844,000
- Profit/Loss
- EUR 5,785,000
- Equity
- EUR 9,513,000
- Total Assets
- EUR 22,203,000
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | 32.8 mio. EUR | 14.8 mio. EUR | 5.8 mio. EUR | 9.5 mio. EUR | - |
| 2023 | - | 46 mio. | 2.4 mio. | 30.2 mio. | 34 |
| 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 |
Official annual report
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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.
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.