LiqTech Ceramics A/S
CVR 41038071 · Public limited company (A/S) · Active · Low risk
LiqTech Ceramics A/S is a Public limited company (A/S), founded on , based in Ballerup. The company is registered in the industry fremstilling af andre keramiske produkter til teknisk brug. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 7 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 35.3m and a net result of DKK -20.6m. CEO: David Nørby Foss Kowalczyk.
Bankruptcy risk for LiqTech Ceramics A/S
0.2 × the average (1.41%) · higher risk than 49% 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
- 41038071
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (6 years)
- Address
- Industriparken 22C
2750 Ballerup - Municipality
- Ballerup
- Industry
- Fremstilling af andre keramiske produkter til teknisk brug (234400)
Bankruptcies in the industry: Fremstilling af byggematerialer af beton - Share capital
- DKK 5.0m
- Auditor
- EY Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 4 of 7 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 43.8% |
| Current ratio | 126% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 15 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 8 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 3.0m | DKK 9.1m |
| Net profit | DKK -20.6m | DKK -22.9m |
| Equity | DKK 35.3m | DKK 55.9m |
| Total assets | DKK 80.7m | DKK 90.0m |
| Cash | DKK 4.0m | – |
| Short-term debt | DKK 37.4m | – |
| Avg. employees | 28 | – |
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 | |
| 20 Dec 2019 – 31 Dec 2019 | 146 |
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 | Claus Toftegaard | ||
| CEO | Karsten Klemens Hansen | ||
| CEO | Claus Toftegaard | ||
| CEO | Simon Seidelin Stadil | ||
| CEO | Christian Vogelius | ||
| CEO | Mikael Bo Nielsen | ||
| CEO | Hans Christian Wenzelsen | ||
| CEO | Jacob Christoffer Kops Pedersen | ||
| Board | Fei Chen | Current | |
| Board | Tobias Baldrian Madsen | Current | |
| Board | David Nørby Foss Kowalczyk | Current | |
| Board | Sune Mathiesen | ||
| Board | Claus Toftegaard | ||
| Board | Paw Juul | ||
| Board | Rikke Holgersen Feld | ||
| Board | Simon Seidelin Stadil | ||
| Board | Alexander Jon Buehler | ||
| Board | Hans Christian Wenzelsen | ||
| Board | Phillip Massie Price | ||
| Board | Jacob Christoffer Kops Pedersen | ||
| Owner (100%) | LIQTECH HOLDING A/S | Current | |
| Auditor | EY Godkendt Revisionspartnerselskab | Current | |
| Auditor | KPMG P/S | ||
| Founder | LIQTECH HOLDING 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 WATER A/S Active
- LiqTech Plastics A/S Active
- LiqTech Water Projects A/S Opløst
- Waldex Holding ApS Opløst
Claus Toftegaard – 13 other companies
- COMPLEA A/S Active
- DC Investment Partners ApS Active
- GAB INVEST ApS Active
- GABRIEL A/S Active
- GABRIEL EJENDOMME A/S Active
- GABRIEL HOLDING A/S Active
- LIQTECH HOLDING A/S Active
- LIQTECH WATER A/S Active
- LiqTech Emission Control A/S Opløst
- LiqTech Plastics A/S Active
- LiqTech Water Projects A/S Opløst
- TUNSTALL HEALTHCARE A/S Opløst
- ZENXIT A/S Fusioneret
Karsten Klemens Hansen – 1 other companies
- DynElectro ApS 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 WATER 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
Mikael Bo Nielsen – 5 other companies
- FFS 2004 ApS Opløst
- IB ANDRESEN INDUSTRI. VEJLE A/S Fusioneret
- LIQTECH WATER 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 WATER 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
Jacob Christoffer Kops Pedersen – 4 other companies
- LIQTECH WATER A/S Active
- LiqTech Emission Control A/S Opløst
- LiqTech Plastics A/S Active
- LiqTech Water Projects A/S Opløst
Address history (0 moves)
| Industriparken 22C, 2750 Ballerup |
Other companies at the same address
- MB ENTREPRISE ApS Bankrupt
- ADVALIGHT ApS Active
- LIQTECH HOLDING A/S Active
- PELCON HOLDING ApS Active
- PELCON MATERIALS & TESTING ApS Active
- SAVCOR DENMARK A/S Opløst
- Trendpay ApS Opløst
- WHAT2DO ApS Opløst
Questions and answers about LiqTech Ceramics A/S
Has LiqTech Ceramics A/S gone bankrupt?
No, LiqTech Ceramics A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of LiqTech Ceramics 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 CEO of LiqTech Ceramics A/S?
David Nørby Foss Kowalczyk is the CEO of LiqTech Ceramics A/S.
Who is the auditor of LiqTech Ceramics A/S?
LiqTech Ceramics A/S most recently used EY Godkendt Revisionspartnerselskab.
When was LiqTech Ceramics A/S founded?
LiqTech Ceramics A/S was founded on 20 December 2019.
What is the equity of LiqTech Ceramics A/S?
Equity was DKK 35.3m 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.