LIQTECH WATER A/S
CVR 32562302 · Public limited company (A/S) · Active · Medium risk
LIQTECH WATER A/S is a Public limited company (A/S), founded on , based in Hobro. The company is registered in the industry opsamling og behandling af spildevand. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 16 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 3.0m and a net result of DKK -6.9m. CEO: David Nørby Foss Kowalczyk.
Bankruptcy risk for LIQTECH WATER A/S
1.0 × the average (1.41%) · higher risk than 75% of active Danish companies
Increases the risk
Reduces the risk
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
- 32562302
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (17 years)
- Address
- Benshøj Industrivej 24
9500 Hobro - Municipality
- Mariagerfjord
- Industry
- Opsamling og behandling af spildevand (370000)
Bankruptcies in the industry: Opsamling og behandling af spildevand - Share capital
- DKK 1.6m
- Employees
- 22 (2018)
- Auditor
- EY Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 4 of 16 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 6.9% |
| Current ratio | 108% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 18 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 4 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 5.9m | DKK 3.6m | DKK 12.8m |
| Net profit | DKK -6.9m | DKK -15.0m | DKK -6.2m |
| Equity | DKK 3.0m | DKK 9.9m | DKK 3.9m |
| Total assets | DKK 42.8m | DKK 43.5m | DKK 48.8m |
| Cash | DKK 4.4m | DKK 2.6m | – |
| Short-term debt | DKK 36.5m | DKK 29.2m | – |
| Avg. employees | 18 | 26 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · (venstre underskriver).
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 182 | ||
| 1 Jan 2024 – 31 Dec 2024 | 146 | ||
| 1 Jan 2023 – 31 Dec 2023 | 184 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 184 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 195 | Late | |
| 1 Jan 2020 – 31 Dec 2020 | 197 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 146 | ||
| 1 Jan 2018 – 31 Dec 2018 | 168 | ||
| 1 Jan 2017 – 31 Dec 2017 | 151 | ||
| 1 Jan 2016 – 31 Dec 2016 | 153 | ||
| 1 Jan 2015 – 31 Dec 2015 | 148 | ||
| 1 Jan 2014 – 31 Dec 2014 | 152 | ||
| 1 Jan 2013 – 31 Dec 2013 | 148 | ||
| 1 Jan 2012 – 31 Dec 2012 | 156 | ||
| 1 Jan 2011 – 31 Dec 2011 | 169 | ||
| 1 Sep 2009 – 31 Dec 2010 | 143 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | David Nørby Foss Kowalczyk | Current | |
| CEO | Christian Ulrik Hauch | ||
| CEO | Poul Madsen Kvist | ||
| CEO | Paw Juul | ||
| CEO | Simon Seidelin Stadil | ||
| CEO | Morten Dyrlund Damgaard | ||
| CEO | Mikael Bo Nielsen | ||
| CEO | Hans Christian Wenzelsen | ||
| CEO | Kim Michael Hansen | ||
| CEO | Jacob Christoffer Kops Pedersen | ||
| Board | Fei Chen | Current | |
| Board | Tobias Baldrian Madsen | Current | |
| Board | David Nørby Foss Kowalczyk | Current | |
| Board | Ole Hjørringgaard | ||
| Board | Steen Palle Petersen | ||
| Board | Jens Husted Kjær | ||
| Board | Flemming Hartig | ||
| Board | Sune Mathiesen | ||
| Board | Niels Jesper Jespersen Jensen | ||
| Board | Thor Jespersen | ||
| Board | Søren Holmstrøm Degn | ||
| Board | Thomas Anker Andersson | ||
| Board | Henrik Skov Laursen | ||
| Board | Sune Mathiesen | ||
| Board | Søren Holmstrøm Degn | ||
| Board | Sune Mathiesen | ||
| Board | Aldo Michael Noes Petersen | ||
| Board | Thomas Anker Andersson | ||
| Board | Claus Toftegaard | ||
| Board | Paw Juul | ||
| Board | Sune Mathiesen | ||
| Board | Claus Toftegaard | ||
| Board | Rikke Holgersen Feld | ||
| Board | Simon Seidelin Stadil | ||
| Board | Alexander Jon Buehler | ||
| Board | Hans Christian Wenzelsen | ||
| Board | Phillip Massie Price | ||
| Board | Kim Michael Hansen | ||
| Board | Jacob Christoffer Kops Pedersen | ||
| Owner (100%) | LIQTECH HOLDING A/S | Current | |
| Auditor | EY Godkendt Revisionspartnerselskab | Current | |
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | CROWE STATSAUTORISERET REVISIONSINTERESSENTSKAB | ||
| Auditor | KPMG P/S | ||
| Founder | PROVITAL HOLDING ApS | Current | |
| Founder | NOVI INNOVATION A/S | Current |
The CEOs' other companies
David Nørby Foss Kowalczyk – 8 other companies
- HEMPEL DECORATIVE PAINTS A/S Active
- HF (Denmark) A/S Active
- HSA (DANMARK) A/S Active
- LIQTECH HOLDING A/S Active
- LiqTech Ceramics A/S Active
- LiqTech Plastics A/S Active
- LiqTech Water Projects A/S Opløst
- Waldex Holding ApS Opløst
Christian Ulrik Hauch – 3 other companies, of which 1 bankrupt
- PATIENTLINK A/S Bankrupt 29 Oct 2008
- PULAWSKI & CO. A/S Compulsorily dissolved
- SYSPLAN A/S Compulsorily dissolved
Poul Madsen Kvist – 15 other companies, of which 2 bankrupt
- ADAPA A/S Bankrupt 8 Jul 2025
- SCAPE TECHNOLOGIES A/S Bankrupt 30 Dec 2025
- ALO Consulting ApS Opløst
- BIONANOPHOTONICS A/S Opløst
- CABRA TECHNOLOGY A/S Opløst
- CLLUONE DIAGNOSTICS A/S Opløst
- CLLUONE THERAPEUTICS A/S Opløst
- CURING METER A/S Opløst
- CYM1P A/S Opløst
- DANSK RÅMÆLK ApS Opløst
- HOPRO A/S Opløst
- IFXA A/S Opløst
- LIQUID VANITY ApS Active
- NANOFIBER A/S Opløst
- NEMOMED A/S Opløst
Paw Juul – 3 other companies
- LiqTech Ceramics A/S Active
- Lithium Harvest ApS Active
- Lithium Harvest Holding A/S Active
Simon Seidelin Stadil – 8 other companies, of which 1 bankrupt
- ENTREPRISE af 1976 ApS Bankrupt 17 Feb 2016
- Haagensen A/S Fusioneret
- LIQTECH HOLDING A/S Active
- LiqTech Ceramics A/S Active
- LiqTech Emission Control A/S Opløst
- LiqTech Plastics A/S Active
- LiqTech Water Projects A/S Opløst
- Universal Marine Medical Denmark ApS Active
Morten Dyrlund Damgaard – 3 other companies
- GODT BYGGET ApS Opløst
- LiqTech Water Projects A/S Opløst
- SUSTAINSHIP ApS Opløst
Mikael Bo Nielsen – 5 other companies
- FFS 2004 ApS Opløst
- IB ANDRESEN INDUSTRI. VEJLE A/S Fusioneret
- LiqTech Ceramics A/S Active
- LiqTech Plastics A/S Active
- LiqTech Water Projects A/S Opløst
Hans Christian Wenzelsen – 34 other companies
- AMETA COMPUTER ApS Active
- AMETA HOLDING ApS Active
- CATCON A/S Fusioneret
- CELEBERT ApS Active
- CERWIN-VEGA EUROPE ApS Opløst
- El-net Kongerslev A/S Active
- FleetGrid ApS Active
- GREENII A/S Opløst
- HOLGER PEDERSEN EL-SERVICE A/S Opløst
- LIQTECH HOLDING A/S Active
- LiqTech Ceramics A/S Active
- LiqTech Emission Control A/S Opløst
- LiqTech Plastics A/S Active
- LiqTech Water Projects A/S Opløst
- N1 Hillerød A/S Fusioneret
- N1 Randers A/S Fusioneret
- OK Energiteknik A/S Active
- Udelysselskabet af 31. oktober 2018 A/S Fusioneret
- VERDO ENERGITEKNIK A/S Fusioneret
- VERDO GO GREEN A/S Active
- VERDO HILLERØD EL-FORSYNING A/S Fusioneret
- VERDO HYDROGEN A/S Opløst
- VERDO PRODUKTION A/S Active
- VERDO TEKNIK A/S Active
- VERDO TELE A/S Fusioneret
- VERDO TRADING A/S Active
- VERDO VAND A/S Active
- VERDO VAND HOLDING A/S Fusioneret
- VERDO VARME A/S Active
- Verdo Energy Systems A/S Active
Kim Michael Hansen – 1 other companies
- LiqTech Water Projects A/S Opløst
Jacob Christoffer Kops Pedersen – 4 other companies
- LiqTech Ceramics A/S Active
- LiqTech Emission Control A/S Opløst
- LiqTech Plastics A/S Active
- LiqTech Water Projects A/S Opløst
Address history (3 moves)
| Benshøj Industrivej 24, 9500 Hobro | |
| Bornholmsvej 3C, 9500 Hobro | |
| Niels Jernes Vej 10, 9220 Aalborg Øst | |
| Egevej 60, 9480 Løkken |
Former names
| LIQTECH WATER A/S | – now |
| LIQTECH SYSTEMS A/S | – |
| PROVITAL SOLUTIONS A/S | – |
Employees per year
Other companies at the same address
- QUALITY LOGISTICS SYSTEMS A/S Bankrupt
- LiqTech Emission Control A/S Opløst
- LiqTech Water Projects A/S Opløst
- QLS AF 2008 A/S Fusioneret
Similar companies in Mariagerfjord
- MARIAGERFJORD VAND A/S Hadsund
- Kloakdoktoren ApS Hobro
- MARIAGERFJORD SPILDEVAND A/S Arden
Questions and answers about LIQTECH WATER A/S
Has LIQTECH WATER A/S gone bankrupt?
No, LIQTECH WATER A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of LIQTECH WATER A/S?
Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.
Who is the CEO of LIQTECH WATER A/S?
David Nørby Foss Kowalczyk is the CEO of LIQTECH WATER A/S.
Who is the auditor of LIQTECH WATER A/S?
LIQTECH WATER A/S most recently used EY Godkendt Revisionspartnerselskab.
When was LIQTECH WATER A/S founded?
LIQTECH WATER A/S was founded on 1 September 2009.
What is the equity of LIQTECH WATER A/S?
Equity was DKK 3.0m 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.