LIQTECH HOLDING A/S

CVR 25121031 · Public limited company (A/S) · Active · Low risk

LIQTECH HOLDING A/S is a Public limited company (A/S), founded on , based in Ballerup. The company is registered in the industry ikke-finansielle hovedsæders aktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 43.9m and a net result of DKK -36.7m.

Bankruptcy risk for LIQTECH HOLDING A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
25121031
Status
Active
Company type
Public limited company (A/S)
Founded
(26 years)
Address
Industriparken 22C
2750 Ballerup
Municipality
Ballerup
Industry
Ikke-finansielle hovedsæders aktiviteter (701010)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 5.0m
Employees
40 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 26
Missing annual reportNo
Negative equityNo
Equity ratio39.8%
Current ratio33%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 13.9mDKK 12.9m
Net profitDKK -36.7mDKK -55.0m
EquityDKK 43.9mDKK 80.5m
Total assetsDKK 110.2mDKK 131.4m
CashDKK 19.2m–
Short-term debtDKK 66.4m–
Avg. employees21–

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 2025183
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 Jan 2020 – 31 Dec 2020197 Late
1 Jan 2019 – 31 Dec 2019149
1 Jan 2018 – 31 Dec 2018168
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015148
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013163
1 Jan 2012 – 31 Dec 2012146
1 Jan 2011 – 31 Dec 2011153
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 200987
1 Jan 2008 – 31 Dec 2008132
1 Jan 2007 – 31 Dec 200763
1 Jan 2006 – 31 Dec 2006137

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
CEOSune Mathiesen
CEOClaus Toftegaard
CEOSimon Seidelin Stadil
BoardFei ChenCurrent
BoardAlexander Jon BuehlerCurrent
BoardDavid Nørby Foss KowalczykCurrent
BoardLasse Andreassen
BoardPer Stobbe
BoardJens Husted Kjær
BoardWerner Kofoed Nielsen
BoardKaroly Laszlo Nemeth
BoardPoul Andreassen
BoardLasse Andreassen
BoardSøren Holmstrøm Degn
BoardMichael Sønneland
BoardKenneth Hersom Højrup
BoardFinn Helmer
BoardSune Mathiesen
BoardSune Mathiesen
BoardSøren Holmstrøm Degn
BoardAldo Michael Noes Petersen
BoardSune Mathiesen
BoardClaus Toftegaard
BoardSune Mathiesen
BoardClaus Toftegaard
BoardRikke Holgersen Feld
BoardSimon Seidelin Stadil
BoardSimon Seidelin Stadil
BoardAlexander Jon Buehler
BoardMark Edward Vernon
BoardHans Christian Wenzelsen
BoardSimon Seidelin Stadil
BoardPhillip Massie Price
Owner (100%)LiqTech International Inc.Current
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDin Revisor Lyngby A/S Godkendte Revisorer
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorHORWATH REVISORERNE STATSAUTORISERET REVISIONSINTERESSENTSKAB
AuditorCROWE STATSAUTORISERET REVISIONSINTERESSENTSKAB
AuditorKPMG P/S
FounderSTOBBE TECH A/SCurrent

The CEOs' other companies

Sune Mathiesen – 10 other companies, of which 2 bankrupt

Claus Toftegaard – 13 other companies

Simon Seidelin Stadil – 8 other companies, of which 1 bankrupt

Address history (8 moves)

Industriparken 22C, 2750 Ballerup
Benshøj Industrivej 24, 9500 Hobro
Industriparken 22C, 2750 Ballerup
Lerhøj 10, 2880 Bagsværd
c/o CoMeTas A/S - ScionDTU, Diplomvej 378, 2800 Kgs.Lyngby
c/o DTU, bygning 378, Diplomvej 373, 2800 Kgs.Lyngby
Grusbakken 12, 2820 Gentofte
Grusbakken 10, 2820 Gentofte
Prinsesse Maries Alle 17, 1908 Frederiksberg C

Former names

LIQTECH HOLDING A/S – now
LIQTECH INTERNATIONAL A/S –
COMETAS A/S –
HELIOTECH ApS –
STOBBE TECH CERAMICS ApS –

Employees per year

Number of employees at LIQTECH HOLDING A/S per year29582011: 2420112012: 5020122013: 5820132014: 5220142015: 5120152016: 4620162017: 3420172018: 402018

Other companies at the same address

Similar companies in Ballerup

Questions and answers about LIQTECH HOLDING A/S

Has LIQTECH HOLDING A/S gone bankrupt?

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

What is the bankruptcy risk of LIQTECH HOLDING A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the auditor of LIQTECH HOLDING A/S?

LIQTECH HOLDING A/S most recently used EY Godkendt Revisionspartnerselskab.

When was LIQTECH HOLDING A/S founded?

LIQTECH HOLDING A/S was founded on 5 January 2000.

What is the equity of LIQTECH HOLDING A/S?

Equity was DKK 43.9m 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.