LIQTECH WATER A/S: Financial statements 2020
CVR: 32562302
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
LIQTECH WATER A/S (CVR 32562302) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 15,328,560 and a net result of DKK -6,083,854 compared with DKK 7,414,508 the year before. That is a decrease of 41.5% compared with the year before. Equity in the 2020 report amounted to DKK 26,926,634. The solvency ratio was 38.5%. The company had 38 employees in the financial year.
- Gross Profit
- DKK 15,328,560
- Profit/Loss
- DKK -6,083,854
- Equity
- DKK 26,926,634
- Total Assets
- DKK 69,851,273
- Employees
- 38
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 15.3 mio. | -6.1 mio. | 26.9 mio. | 38 |
| 2019 | - | 26.2 mio. | 7.4 mio. | 13 mio. | 37 |
| 2018 | - | -583 t. | -4.7 mio. | 5.6 mio. | 19 |
| 2017 | - | -5 mio. | -14.4 mio. | 265 t. | 19 |
| 2016 | - | 4.7 mio. | -7.3 mio. | 1.6 mio. | 22 |
Official annual report
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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.
On May 13, 2020, the company changed its name from LIQTECH SYSTEMS A/S to 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.
About LIQTECH WATER A/S
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 company was previously named LIQTECH SYSTEMS A/S and PROVITAL SOLUTIONS A/S. 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 17 employees (2026). 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.