LiqTech Plastics A/S

CVR 14347135 · Public limited company (A/S) · Active · Low risk

LiqTech Plastics A/S is a Public limited company (A/S), founded on , based in Hobro. The company is registered in the industry fremstilling af andre plastprodukter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 718k and a net result of DKK -2.1m. CEO: David Nørby Foss Kowalczyk.

Bankruptcy risk for LiqTech Plastics A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
14347135
Status
Active
Company type
Public limited company (A/S)
Founded
(36 years)
Address
Benshøj Industrivej 1
9500 Hobro
Municipality
Mariagerfjord
Industry
Fremstilling af andre plastprodukter (222600)
Bankruptcies in the industry: Fremstilling af andre plastprodukter
Share capital
DKK 500k
Employees
21 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 30
Missing annual reportNo
Negative equityNo
Equity ratio3.9%
Current ratio96%
Moves (last 2 years)0
CEO changes in total8
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 13.5mDKK 7.5m
Net profitDKK -2.1mDKK -8.0m
EquityDKK 718kDKK 2.8m
Total assetsDKK 18.6mDKK 10.9m
CashDKK 1.7m–
Short-term debtDKK 17.1m–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024143
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021195 Late
1 Jul 2019 – 31 Dec 2020197 Late
1 Jul 2018 – 30 Jun 201965
1 Jul 2017 – 30 Jun 2018137
1 Jul 2016 – 30 Jun 2017157
1 Jul 2015 – 30 Jun 2016156
1 Jul 2014 – 30 Jun 2015155
1 Jul 2013 – 30 Jun 2014151
1 Jul 2012 – 30 Jun 2013143
1 Jul 2011 – 30 Jun 2012131
1 Jul 2010 – 30 Jun 2011125
1 Jul 2009 – 30 Jun 201084
1 Jul 2008 – 30 Jun 2009160
1 Jul 2007 – 30 Jun 200892
1 Jul 2006 – 30 Jun 2007145
1 Jul 2005 – 30 Jun 2006121

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEODavid Nørby Foss KowalczykCurrent
CEOSteen Greve Vitved Simonsen
CEOMikael Bo Nielsen
CEOHans Christian Wenzelsen
CEOJacob Christoffer Kops Pedersen
BoardFei ChenCurrent
BoardClaus Steen RasmussenCurrent
BoardDavid Nørby Foss KowalczykCurrent
BoardSteen Greve Vitved Simonsen
BoardBørge Greve Simonsen
BoardJoan Ruth Simonsen
BoardAnne-Marie Greve Nygaard
BoardSune Mathiesen
BoardClaus Toftegaard
BoardRikke Holgersen Feld
BoardSimon Seidelin Stadil
BoardAlexander Jon Buehler
BoardHans Christian Wenzelsen
BoardPhillip Massie Price
BoardJacob Christoffer Kops Pedersen
Owner (100%)LIQTECH HOLDING A/SCurrent
Owner (100%)JS HOLDING RISSKOV ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorKPMG P/S
FounderSteen Greve Vitved SimonsenCurrent
FounderBørge Greve SimonsenCurrent

The CEOs' other companies

David Nørby Foss Kowalczyk – 8 other companies

Steen Greve Vitved Simonsen – 2 other companies

Mikael Bo Nielsen – 5 other companies

Hans Christian Wenzelsen – 34 other companies

Jacob Christoffer Kops Pedersen – 4 other companies

Address history (2 moves)

Benshøj Industrivej 1, 9500 Hobro
Sindalsvej 38, 8240 Risskov
Skejbyvej 503, 8200 Århus N

Former names

LiqTech Plastics A/S – now
BS PLASTIC A/S –
B.S. PLASTIC ApS –

Employees per year

Number of employees at LiqTech Plastics A/S per year12242011: 2220112012: 2420122013: 2120132014: 2020142015: 2220152016: 2220162017: 2120172018: 212018

Other companies at the same address

Similar companies in Mariagerfjord

Questions and answers about LiqTech Plastics A/S

Has LiqTech Plastics A/S gone bankrupt?

No, LiqTech Plastics A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of LiqTech Plastics A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of LiqTech Plastics A/S?

David Nørby Foss Kowalczyk is the CEO of LiqTech Plastics A/S.

Who is the auditor of LiqTech Plastics A/S?

LiqTech Plastics A/S most recently used EY Godkendt Revisionspartnerselskab.

When was LiqTech Plastics A/S founded?

LiqTech Plastics A/S was founded on 14 June 1990.

What is the equity of LiqTech Plastics A/S?

Equity was DKK 718k according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.