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Lowenco A/S

Public limited companyCVR 34582424VamdrupActive

Lowenco A/S is a public limited company, based in Vamdrup, active in manufacture of non-domestic cooling and ventilation equipment, founded in 2012. Net profit fell 58% from 2024 to 2025, ending at DKK 2.4m. With 66 employees, the company is about 9 times larger than the industry median. Equity grew to DKK 11.9m in 2025.

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Key figures · financial year 2025

RevenueDKK 35.2m+7.3% vs. 2024
Net profitDKK 2.4m−57.9% vs. 2024
EquityDKK 11.9m+25.5% vs. 2024
Employees66latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 28% (2024 → 2025), to DKK 10.7m.
  • Revenue rose 7% (2024 → 2025), to DKK 35.2m.
  • Net profit fell 58% (2024 → 2025), to DKK 2.4m.
  • Equity rose 25% (2024 → 2025), to DKK 11.9m.

Employees

  • 44 fewer employees than a year earlier: 66 (08/2026) against 110 (08/2025).

Management and owners, last 24 months

  • New in management: Jan Ellegaard (board member, 01/04/2026) and Jan Ellegaard (ceo, 01/04/2026).
  • Stepped down: Mikael Hoier (ceo, 01/04/2026) and Mikael Hoier (board member, 01/04/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of non-domestic cooling and ventilation equipment (282500)

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m202020212022202320242025
EquityNet profit
Financial figures for Lowenco A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot stated32,78035,176+7.3%
Gross profit85,981113,56846,68145,96914,84410,676−28.1%
Operating profit (EBIT)63,03180,4055,8237,8258,0683,296−59.1%
Profit before tax62,70879,7124,5003,3977,4183,176−57.2%
Net profit48,91062,1703,3992,4355,7852,435−57.9%
Total assets130,091105,81392,214133,60622,20333,672+51.7%
Equity58,91953,95627,79730,2329,51311,935+25.5%
Liabilities58,04839,67049,93097,47312,69021,737+71.3%
Cash and cash equivalents58,45932,5765391571,840101−94.5%
Average number of employees2234434760––

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120m202020212022202320242025
Gross profitMedian, the industry (145 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Lowenco A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202506/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/04/2025The companyPDFXBRL
202301/01/2023 – 31/12/202317/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202206/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202116/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202004/04/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
02040608010012009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

145 companies in the database

Comparison with the other companies in manufacture of non-domestic cooling and ventilation equipment based on the latest financial year.

Gross profitDKK 10.7mNo. 51 of 145
Better than 65% of the companies in the industry
EquityDKK 11.9mNo. 38 of 145
Better than 74% of the companies in the industry
Number of employees66No. 22 of 145
Better than 85% of the companies in the industry

Industry median: gross profit DKK 6.1m, net profit DKK 659k, equity DKK 3.6m, 7 employees.

DKK 100kDKK 912kDKK 8.3mDKK 75.9mDKK 331.4mHere
Distribution of gross profit for 137 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 50–199 employees4,467 companies in the comparison
No. 3,781of 4,412
Better than 14%
No. 2,713of 4,466
Better than 39%
Same industry and 50–199 employees16 companies in the comparison
No. 15of 16
Better than 7%
No. 14of 16
Better than 13%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 4,071of 33,588
Better than 88%
No. 3,307of 33,687
Better than 90%
All companies of type A/S18,025 companies in the comparison
No. 8,687of 17,786
Better than 51%
No. 8,039of 18,024
Better than 55%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Manufacture of non-domestic cooling and ventilation equipment
Gross profit
  1. Lowenco A/SDKK 10.7m
  2. Johnson Controls Denmark ApSDKK 692.3m
  3. Skov A/s. GlyngøreDKK 593.2m
Net profit
  1. Lowenco A/SDKK 2.4m
  2. Johnson Controls Denmark ApS−DKK 1.2m
  3. Skov A/s. GlyngøreDKK 194.3m
Equity
  1. Lowenco A/SDKK 11.9m
  2. Johnson Controls Denmark ApSDKK 1.3bn
  3. Skov A/s. GlyngøreDKK 507.5m
Employees
  1. Lowenco A/S66
  2. Johnson Controls Denmark ApS804
  3. Skov A/s. Glyngøre408

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
Lowenco A/S

Management

4 active registrations

Executive management

Executive management at Lowenco A/S
NameRoleAppointed
Jan EllegaardCEO01/04/2026

Board of directors

Board of directors at Lowenco A/S
NameRoleAppointed
Carl John Michael BergChair of the board02/02/2022
Jesper Vestergaard HenriksenBoard member16/05/2023
Jan EllegaardBoard member01/04/2026
Founders
Lrt Invest ApS
Former management (15)
Former management at Lowenco A/S
NameRoleAppointedResigned
Lars Rold ThorsenDirector23/05/201201/09/2015
Lars Rold ThorsenBoard member31/07/201431/08/2015
Henrik Rold ThorsenBoard member31/07/201401/12/2019
Ida ThorsenChair of the board31/07/201431/08/2015
Lars Rold ThorsenChair of the board01/09/201529/04/2018
Ida ThorsenBoard member01/09/201529/04/2018
Jesper Meiling AndersenDirector01/09/201530/04/2018
Lars Rold ThorsenBoard member30/04/201802/02/2022
Lars Rold ThorsenDirector30/04/201801/12/2020
Ida ThorsenChair of the board30/04/201801/12/2019
Søren MaarssøChair of the board01/12/201902/02/2022
Kim Brian LangaasBoard member01/12/201901/02/2022
Mikael HoierCEO01/11/202001/04/2026
Kim Brian LangaasBoard member02/02/202216/05/2023
Mikael HoierBoard member02/02/202201/04/2026

Signing rule: Selskabet tegnes af bestyrelsesformanden og direktøren i forening, to bestyrelsesmedlemmer i forening, direktøren alene eller af den samlede bestyrelse.

Address and production units

1 active production units

Bavnevej 10
6580 Vamdrup

Kolding Municipality · Postcode 6580

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
LOWENCO A/SBavnevej 10, 6580 Vamdrup661017693731

Purpose

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.

The purpose is quoted from the register in Danish.

Changes year by year

62 registered events
20265 changesaccounts 1 · management 4
  • Annual report for 2025 published
  • Jan Ellegaard appointed board member
  • Jan Ellegaard appointed ceo
  • Mikael Hoier stepped down as board member
  • Mikael Hoier stepped down as ceo
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Manufacture of non-domestic cooling and ventilation equipment (282500)
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Jesper Vestergaard Henriksen appointed board member
  • Kim Brian Langaas stepped down as board member
20229 changesaccounts 1 · management 6 · ownership 2
  • Annual report for 2021 published
  • Carl John Michael Berg appointed chair of the board
  • Mikael Hoier appointed board member
  • Kim Brian Langaas appointed board member
  • Søren Maarssø stepped down as chair of the board
  • Lars Rold Thorsen stepped down as board member
  • ULT Denmark ApS registered as owner (100%)
  • 2RS1 Holding ApS is no longer registered as owner
  • Kim Brian Langaas stepped down as board member
20211 changeaccounts 1
  • Annual report for 2020 published
20204 changesmanagement 2 · ownership 2
  • Lars Rold Thorsen stepped down as director
  • Mikael Hoier appointed ceo
  • 2RS1 Holding ApS registered as owner (90%)
  • 2RS1 Holding ApS is no longer registered as owner
20194 changesmanagement 4
  • Søren Maarssø appointed chair of the board
  • Kim Brian Langaas appointed board member
  • Ida Thorsen stepped down as chair of the board
  • Henrik Rold Thorsen stepped down as board member
20186 changesmanagement 6
  • Ida Thorsen appointed chair of the board
  • Lars Rold Thorsen appointed board member
  • Lars Rold Thorsen appointed director
  • Jesper Meiling Andersen stepped down as director
  • Lars Rold Thorsen stepped down as chair of the board
  • Ida Thorsen stepped down as board member
20161 changeaddress 1
  • Moved to Bavnevej 10, 6580 Vamdrup
201511 changesownership 5 · management 6
  • 2RS1 Holding ApS registered as owner (100%)
  • LRT INVEST ApS is no longer registered as owner
  • IST INVEST ApS is no longer registered as owner
  • AST INVEST ApS is no longer registered as owner
  • KST INVEST ApS is no longer registered as owner
  • Lars Rold Thorsen appointed chair of the board
  • Jesper Meiling Andersen appointed director
  • Ida Thorsen appointed board member
  • Lars Rold Thorsen stepped down as director
  • Ida Thorsen stepped down as chair of the board
  • Lars Rold Thorsen stepped down as board member
201410 changesname 1 · capital 1 · management 3 · ownership 4 · industry 1
  • Name changed from LOWENCO ApS to LOWENCO A/S
  • Share capital changed from 80,000 DKK to 500,000 DKK
  • Ida Thorsen appointed chair of the board
  • Henrik Rold Thorsen appointed board member
  • Lars Rold Thorsen appointed board member
  • LRT INVEST ApS registered as owner (50%)
  • IST INVEST ApS registered as owner (10%)
  • AST INVEST ApS registered as owner (15%)
  • KST INVEST ApS registered as owner (15%)
  • Industry changed to Manufacture of non-domestic cooling and ventilation equipment (282500)
20133 changesname 1 · address 1 · industry 1
  • Name changed from KART-TOOLS ApS to LOWENCO ApS
  • Moved to Bavnevej 10, 6580 Vamdrup
  • Industry changed to Engroshandel med andre maskiner og andet udstyr (466900)
20122 changesfounded 1 · management 1
  • Registered as KART-TOOLS ApS
  • Lars Rold Thorsen appointed director

Related companies

Same industry in Kolding

See all →

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.

View in CVRReport a correction