Owners, management and financials
CVR: 32562302
Secondary names: PROVITAL SOLUTIONS A/S, LiqTech Systems A/S
DKK 5,915,000
Gross profit
Net result: DKK -6,945,000
LIQTECH HOLDING A/S (100%)
CVR · view owners
David Nørby Foss Kowalczyk
Board: Fei Chen (chair) and 2 members
CVR · view management
Active
Founded 1 September 2009
CVR · view overview
22 employees
CVR · 2018
Director registered: David Nørby Foss Kowalczyk
CVR · 04/04/2025
View the full event history
LIQTECH WATER A/S is a Danish company of the type Aktieselskab based in Hobro, founded in 2009. The company is registered under the industry Opsamling og behandling af spildevand. The management consists of David Nørby Foss Kowalczyk. The board consists of Fei Chen (chair), David Nørby Foss Kowalczyk and Tobias Baldrian Madsen. The company is owned by LIQTECH HOLDING A/S. The company has 22 employees (2018). In 2025, the company reported a gross profit of DKK 5,915,000 and a net result of DKK -6,945,000 compared with DKK -15,037,000 the year before. Equity in the 2025 report amounted to DKK 2,952,000.
Source: annual report 2025, Danish Business Authority
The financial health of LIQTECH WATER A/S shows a concerning trend, with consistent losses over the past five years and fluctuating gross profits. In 2025, the company reported a gross profit of 5,915,000 DKK but incurred a significant loss of 6,945,000 DKK, following a pattern of declining equity from 17,791,408 DKK in 2021 to 2,952,000 DKK in 2025. While gross profit peaked at 12,824,000 DKK in 2023, the overall trajectory indicates instability and challenges in achieving profitability. The company's position in the wastewater treatment industry is uncertain, given the lack of revenue disclosure and ongoing financial losses, raising concerns about its sustainability and operational efficiency.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at udvikle og kommercialisere filtreringsanlæg til filtrering af badevand på pool- og spamarkedet i Danmark og internationalt, samt al virksomhed, som efter bestyrelsens skøn er beslægtet hermed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 5.9 mio. | -6.9 mio. | 42.8 mio. | 3 mio. | 18 | |
| 202401/01/2024 – 31/12/2024 | 3.6 mio. | -15 mio. | 43.5 mio. | 9.9 mio. | 26 | |
| 202301/01/2023 – 31/12/2023 | 12.8 mio. | -6.2 mio. | 48.8 mio. | 3.9 mio. | 25 | |
| 202201/01/2022 – 31/12/2022 | 7.1 mio. | -7.7 mio. | 38 mio. | 10.1 mio. | 25 | |
| 202101/01/2021 – 31/12/2021 | 7.3 mio. | -9.1 mio. | 37.2 mio. | 17.8 mio. | 26 | |
| 202001/01/2020 – 31/12/2020 | 15.3 mio. | -6.1 mio. | 69.9 mio. | 26.9 mio. | 38 | |
| 201901/01/2019 – 31/12/2019 | 26.2 mio. | 7.4 mio. | 79.9 mio. | 13 mio. | 37 | |
| 201801/01/2018 – 31/12/2018 | -583 t. | -4.7 mio. | 24.9 mio. | 5.6 mio. | 19 | |
| 201701/01/2017 – 31/12/2017 | -5 mio. | -14.4 mio. | 10.1 mio. | 265 t. | 19 | |
| 201601/01/2016 – 31/12/2016 | 4.7 mio. | -7.3 mio. | 17.9 mio. | 1.6 mio. | 22 | |
| 201501/01/2015 – 31/12/2015 | 10.8 mio. | 458 t. | 23.1 mio. | 8.9 mio. | - | |
| 201401/01/2014 – 31/12/2014 | -9.2 mio. | -14.2 mio. | 18.1 mio. | 8.4 mio. | - | |
| 201301/01/2013 – 31/12/2013 | 8.6 mio. | 4.5 mio. | 16.5 mio. | 7.5 mio. | - | |
| 201201/01/2012 – 31/12/2012 | 2.4 mio. | 861 t. | 6.7 mio. | 2.9 mio. | - |
Compared to 249 companies in Opsamling og behandling af spildevand
Comparison is based on industry median values
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Read about the CDS scoreThe CVR number of LIQTECH WATER A/S is 32562302.
LIQTECH WATER A/S is owned by LIQTECH HOLDING A/S.
The management of LIQTECH WATER A/S consists of David Nørby Foss Kowalczyk.
The board of LIQTECH WATER A/S consists of Fei Chen, David Nørby Foss Kowalczyk and Tobias Baldrian Madsen, with Fei Chen as chair.
In 2025, LIQTECH WATER A/S reported a gross profit of DKK 5,915,000.
LIQTECH WATER A/S had 22 employees in 2018 according to the Danish CVR register.
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LIQTECH WATER A/S has published its annual report for 2025. Gross profit came to DKK 5,915,000, and the net result was DKK -6,945,000.
LIQTECH WATER A/S has published its annual report for 2024. Gross profit came to DKK 3,599,000, and the net result was DKK -15,037,000.
As of April 4, 2025, Tobias Baldrian Madsen has joined the board of directors of LIQTECH WATER A/S.
As of April 4, 2025, David Nørby Foss Kowalczyk has joined the board of directors of LIQTECH WATER A/S.
As of April 4, 2025, Phillip Massie Price has left the board of directors of LIQTECH WATER A/S.
As of April 4, 2025, Jacob Christoffer Kops Pedersen has left the board of directors of LIQTECH WATER A/S.
As of April 4, 2025, David Nørby Foss Kowalczyk is registered as director of LIQTECH WATER A/S.
As of April 4, 2025, Jacob Christoffer Kops Pedersen has stepped down as director of LIQTECH WATER A/S.
As of December 16, 2024, Jacob Christoffer Kops Pedersen has joined the board of directors of LIQTECH WATER A/S.
As of December 16, 2024, Kim Michael Hansen has left the board of directors of LIQTECH WATER A/S.
As of December 16, 2024, Jacob Christoffer Kops Pedersen is registered as director of LIQTECH WATER A/S.
As of December 16, 2024, Kim Michael Hansen has stepped down as director of LIQTECH WATER A/S.
LIQTECH WATER A/S has published its annual report for 2023. Gross profit came to DKK 12,824,000, and the net result was DKK -6,183,000.
As of February 27, 2024, Phillip Massie Price has joined the board of directors of LIQTECH WATER A/S.
As of February 27, 2024, Kim Michael Hansen has joined the board of directors of LIQTECH WATER A/S.
As of February 27, 2024, Hans Christian Wenzelsen has left the board of directors of LIQTECH WATER A/S.
As of February 27, 2024, Simon Seidelin Stadil has left the board of directors of LIQTECH WATER A/S.
As of January 1, 2024, Kim Michael Hansen is registered as director of LIQTECH WATER A/S.
As of January 1, 2024, Hans Christian Wenzelsen has stepped down as director of LIQTECH WATER A/S.
As of November 7, 2023, EY Godkendt Revisionspartnerselskab has been appointed auditor of LIQTECH WATER A/S.
As of November 7, 2023, KPMG P/S has stepped down as auditor of LIQTECH WATER A/S.
As of September 29, 2023, Hans Christian Wenzelsen is registered as director of LIQTECH WATER A/S.
As of September 29, 2023, Mikael Bo Nielsen has stepped down as director of LIQTECH WATER A/S.
LIQTECH WATER A/S has published its annual report for 2022. Gross profit came to DKK 7,089,887, and the net result was DKK -7,674,689.
As of May 9, 2023, Mikael Bo Nielsen is registered as director of LIQTECH WATER A/S.
As of May 9, 2023, Morten Dyrlund Damgaard has stepped down as director of LIQTECH WATER A/S.
As of October 19, 2022, Hans Christian Wenzelsen has joined the board of directors of LIQTECH WATER A/S.
As of October 19, 2022, Fei Chen has joined the board of directors of LIQTECH WATER A/S.
As of October 19, 2022, Rikke Holgersen Feld has left the board of directors of LIQTECH WATER A/S.
As of October 19, 2022, Alexander Jon Buehler has left the board of directors of LIQTECH WATER A/S.
LIQTECH WATER A/S has published its annual report for 2021. Gross profit came to DKK 7,321,502, and the net result was DKK -9,135,226.
As of May 30, 2022, Alexander Jon Buehler has joined the board of directors of LIQTECH WATER A/S.
As of May 30, 2022, Sune Mathiesen has left the board of directors of LIQTECH WATER A/S.
As of May 30, 2022, Claus Toftegaard has left the board of directors of LIQTECH WATER A/S.
As of May 30, 2022, Morten Dyrlund Damgaard is registered as director of LIQTECH WATER A/S.
As of May 30, 2022, Simon Seidelin Stadil has stepped down as director of LIQTECH WATER A/S.
As of March 16, 2022, Simon Seidelin Stadil is registered as director of LIQTECH WATER A/S.
As of March 16, 2022, Paw Juul has stepped down as director of LIQTECH WATER A/S.
As of December 1, 2021, Simon Seidelin Stadil has joined the board of directors of LIQTECH WATER A/S.
LIQTECH WATER A/S has published its annual report for 2020. Gross profit came to DKK 15,328,560, and the net result was DKK -6,083,854.
LIQTECH WATER A/S has published its annual report for 2019. Gross profit came to DKK 26,224,180, and the net result was DKK 7,414,508.
As of May 13, 2020, Sune Mathiesen has joined the board of directors of LIQTECH WATER A/S.
As of May 13, 2020, Claus Toftegaard has joined the board of directors of LIQTECH WATER A/S.
As of May 13, 2020, Rikke Holgersen Feld has joined the board of directors of LIQTECH WATER A/S.
As of May 13, 2020, Paw Juul has left the board of directors of LIQTECH WATER A/S.
As of May 12, 2020, Sune Mathiesen has left the board of directors of LIQTECH WATER A/S.
As of May 12, 2020, Claus Toftegaard has left the board of directors of LIQTECH WATER A/S.
As of December 6, 2019, Paw Juul has joined the board of directors of LIQTECH WATER A/S.
As of December 6, 2019, Thomas Anker Andersson has left the board of directors of LIQTECH WATER A/S.
As of December 6, 2019, Paw Juul is registered as director of LIQTECH WATER A/S.
As of December 6, 2019, Sune Mathiesen has stepped down as adm. dir. of LIQTECH WATER A/S.
LIQTECH WATER A/S has published its annual report for 2018. Gross profit came to DKK -583,429, and the net result was DKK -4,669,111.
As of November 30, 2018, KPMG P/S has been appointed auditor of LIQTECH WATER A/S.
As of November 30, 2018, CROWE STATSAUTORISERET REVISIONSINTERESSENTSKAB has stepped down as auditor of LIQTECH WATER A/S.
As of August 15, 2018, Claus Toftegaard has joined the board of directors of LIQTECH WATER A/S.
As of August 15, 2018, Aldo Michael Noes Petersen has left the board of directors of LIQTECH WATER A/S.
LIQTECH WATER A/S has published its annual report for 2017. Gross profit came to DKK -5,015,916, and the net result was DKK -14,385,758.
LIQTECH WATER A/S has published its annual report for 2016. Gross profit came to DKK 4,668,453, and the net result was DKK -7,305,844.
As of May 29, 2017, Sune Mathiesen has joined the board of directors of LIQTECH WATER A/S.
As of May 29, 2017, Aldo Michael Noes Petersen has joined the board of directors of LIQTECH WATER A/S.
As of May 29, 2017, Thomas Anker Andersson has joined the board of directors of LIQTECH WATER A/S.
As of May 29, 2017, Henrik Skov Laursen has left the board of directors of LIQTECH WATER A/S.
As of May 29, 2017, Søren Holmstrøm Degn has left the board of directors of LIQTECH WATER A/S.
As of May 29, 2017, Sune Mathiesen is registered as adm. dir. of LIQTECH WATER A/S.
As of May 29, 2017, Henrik Skov Laursen has stepped down as adm. dir. of LIQTECH WATER A/S.
As of May 28, 2017, Sune Mathiesen has left the board of directors of LIQTECH WATER A/S.
LIQTECH WATER A/S has published its annual report for 2015. Gross profit came to DKK 10,808,398, and the net result was DKK 457,704.
As of August 14, 2015, Sune Mathiesen has joined the board of directors of LIQTECH WATER A/S.
As of August 14, 2015, Søren Holmstrøm Degn has joined the board of directors of LIQTECH WATER A/S.
As of August 14, 2015, Henrik Skov Laursen is registered as adm. dir. of LIQTECH WATER A/S.
As of August 14, 2015, Sune Mathiesen has stepped down as adm. dir. of LIQTECH WATER A/S.
As of August 13, 2015, Sune Mathiesen has left the board of directors of LIQTECH WATER A/S.
As of August 13, 2015, Søren Holmstrøm Degn has left the board of directors of LIQTECH WATER A/S.
LIQTECH WATER A/S has published its annual report for 2014. Gross profit came to DKK -9,170,272, and the net result was DKK -14,205,817.
As of May 29, 2015, Henrik Skov Laursen has joined the board of directors of LIQTECH WATER A/S.
As of May 29, 2015, Thomas Anker Andersson has left the board of directors of LIQTECH WATER A/S.
As of December 22, 2014, CROWE STATSAUTORISERET REVISIONSINTERESSENTSKAB has been appointed auditor of LIQTECH WATER A/S.
As of December 22, 2014, BDO Holding VII, statsautoriseret revisionsaktieselskab has stepped down as auditor of LIQTECH WATER A/S.
As of July 29, 2014, Søren Holmstrøm Degn has joined the board of directors of LIQTECH WATER A/S.
As of July 29, 2014, Thomas Anker Andersson has joined the board of directors of LIQTECH WATER A/S.
As of July 29, 2014, Niels Jesper Jespersen Jensen has left the board of directors of LIQTECH WATER A/S.
As of July 29, 2014, Thor Jespersen has left the board of directors of LIQTECH WATER A/S.
As of July 29, 2014, LIQTECH HOLDING A/S is registered as an owner of LIQTECH WATER A/S with an ownership share of 100%.
LIQTECH WATER A/S has published its annual report for 2013. Gross profit came to DKK 8,568,096, and the net result was DKK 4,512,943.
LIQTECH WATER A/S has published its annual report for 2012. Gross profit came to DKK 2,419,996, and the net result was DKK 860,511.
As of January 21, 2013, Niels Jesper Jespersen Jensen has joined the board of directors of LIQTECH WATER A/S.
As of January 21, 2013, Thor Jespersen has joined the board of directors of LIQTECH WATER A/S.
As of September 25, 2012, Ole Hjørringgaard has left the board of directors of LIQTECH WATER A/S.
As of June 15, 2012, Sune Mathiesen is registered as adm. dir. of LIQTECH WATER A/S.
As of June 15, 2012, Poul Madsen Kvist has stepped down as director of LIQTECH WATER A/S.
As of March 19, 2012, Sune Mathiesen has joined the board of directors of LIQTECH WATER A/S.
As of March 19, 2012, Flemming Hartig has left the board of directors of LIQTECH WATER A/S.
As of May 18, 2011, Flemming Hartig has joined the board of directors of LIQTECH WATER A/S.
As of May 18, 2011, Jens Husted Kjær has left the board of directors of LIQTECH WATER A/S.
As of October 6, 2010, Steen Palle Petersen has left the board of directors of LIQTECH WATER A/S.
As of April 29, 2010, Poul Madsen Kvist is registered as director of LIQTECH WATER A/S.
As of April 29, 2010, Christian Ulrik Hauch has stepped down as director of LIQTECH WATER A/S.
As of September 1, 2009, BDO Holding VII, statsautoriseret revisionsaktieselskab has been appointed auditor of LIQTECH WATER A/S.
As of September 1, 2009, Ole Hjørringgaard has joined the board of directors of LIQTECH WATER A/S.
As of September 1, 2009, Steen Palle Petersen has joined the board of directors of LIQTECH WATER A/S.
As of September 1, 2009, Jens Husted Kjær has joined the board of directors of LIQTECH WATER A/S.
As of September 1, 2009, Christian Ulrik Hauch is registered as director of LIQTECH WATER A/S.
LIQTECH WATER A/S was founded on September 1, 2009.
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