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LIQTECH WATER A/S: Financial statements 2023

CVR: 32562302

Source: annual report 2023, Danish Business Authority

01/01/2023 – 31/12/2023

LIQTECH WATER A/S (CVR 32562302) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 12,824,000 and a net result of DKK -6,183,000 compared with DKK -7,674,689 the year before. That is an increase of 80.9% compared with the year before. Equity in the 2023 report amounted to DKK 3,934,000. The solvency ratio was 8.1%. The company had 25 employees in the financial year.

Gross Profit
DKK 12,824,000
Profit/Loss
DKK -6,183,000
Equity
DKK 3,934,000
Total Assets
DKK 48,765,000
Employees
25

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2023-12.8M-6.2M3.9M25
2022-7.1M-7.7M10.1M25
2021-7.3M-9.1M17.8M26
2020-15.3M-6.1M26.9M38
2019-26.2M7.4M13M37

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Events in 2023

LIQTECH WATER A/S appoints new auditorNov 7, 2023

As of November 7, 2023, EY Godkendt Revisionspartnerselskab has been appointed auditor of LIQTECH WATER A/S.

Auditor steps down at LIQTECH WATER A/SNov 7, 2023

As of November 7, 2023, KPMG P/S has stepped down as auditor of LIQTECH WATER A/S.

Hans Christian Wenzelsen joins LIQTECH WATER A/S as directorSep 29, 2023

As of September 29, 2023, Hans Christian Wenzelsen is registered as director of LIQTECH WATER A/S.

Mikael Bo Nielsen steps down as director of LIQTECH WATER A/SSep 29, 2023

As of September 29, 2023, Mikael Bo Nielsen has stepped down as director of LIQTECH WATER A/S.

LIQTECH WATER A/S: The 2022 annual report is outJul 3, 2023

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.

Mikael Bo Nielsen joins LIQTECH WATER A/S as directorMay 9, 2023

As of May 9, 2023, Mikael Bo Nielsen is registered as director of LIQTECH WATER A/S.

Morten Dyrlund Damgaard steps down as director of LIQTECH WATER A/SMay 9, 2023

As of May 9, 2023, Morten Dyrlund Damgaard has stepped down as director 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 Tobias Baldrian Madsen. The board consists of Fei Chen (chair), Claus Steen Rasmussen 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.

Source: annual report 2025, Danish Business Authority