LOWELL FINANS AS
Keywords
loansmortgagescredit cardsconsumer loansinternational trade financinglong-term loanspawnshopsresidential purposesspecializedcredit institutionscredit companiesfinancing companiesgovernment loan institutes
Organization
- CEO
- WF
- Chairman of the board
- TB
Trond Brandsrud1958
- Years since formation
- 11 years
- since Jul 31, 2014
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 148,000,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 57,640,038
- NOK
- Annual total result 2024
- -36,356,953
- NOK
- Total equity 2024
- 325,659,907
- NOK
Last update: Jul 12, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
WF | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
TB 1958 | Chairman | - |
| Board Member | - | |
GI | Board Member | - |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 148,000,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2021: NOK 144,455,047Operating profit 2021: NOK 7,664,370Employees: 11
Financials
in NOK
Summary
| Year | 2024 |
|---|---|
Total operating income | 57,640,038 |
Annual Total Result | -36,356,953 |
Total assets | 643,948,552 |
Total liabilities | 318,288,645 |
Total equity | 325,659,907 |
P&L
| Year | 2024 |
|---|---|
Total operating income | 57,640,038 |
Total operating costs | 87,793,230 |
Operating result | -30,153,192 |
Financial income/costs | 0 |
Profit before tax | -30,153,192 |
Total tax & extraordinary income/cost | 6,203,761 |
Annual Total Result | -36,356,953 |
Balance overview
| Year | 2024 |
|---|---|
Total fixed assets | 0 |
Total current assets | 643,948,552 |
Total assets | 643,948,552 |
Short term debt | 318,288,645 |
Long term debt | 0 |
Total liabilities | 318,288,645 |
Contributed capital | 262,644,000 |
Retained earnings | 63,015,907 |
Total equity | 325,659,907 |
Total equity and liabilities | 643,948,552 |
Classification
Category
Type of organization
Limited company
Standard industrial classification
K
Main industrial area
Financial and insurance activities
64
Activity
Financial service activities, except insurance and pension funding
64.9
Main industrial group
Other financial service activities, except insurance and pension funding
64.92
Industrial group
Other credit granting
64.920
Industrial group
Other credit granting