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LiqTech Plastics A/S

Public limited companyCVR 14347135HobroActive

LiqTech Plastics A/S is a public limited company, based in Hobro, active in manufacture of other plastic products, founded in 1990. The company made a loss in both 2024 and 2025, most recently DKK 2.1m. Equity fell to DKK 718k in 2025. 6 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profitDKK 13.5m+85.5% vs. 2024
Net profit−DKK 2.1m+73.8% vs. 2024
EquityDKK 718k−74.5% vs. 2024
Employees25latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 86% (2024 → 2025), to DKK 13.5m.
  • The loss got smaller: from DKK 8m to DKK 2.1m (2024 → 2025).
  • Equity fell 75% (2024 → 2025), to DKK 718k.

Employees

  • 2 more employees than a year earlier: 25 (08/2026) against 23 (08/2025).

Management and owners, last 24 months

  • New in management: Claus Steen Rasmussen (board member, 04/04/2025), David Nørby Foss Kowalczyk (board member, 04/04/2025) and David Nørby Foss Kowalczyk (director, 04/04/2025).
  • Stepped down: Phillip Massie Price (board member, 04/04/2025), Jacob Christoffer Kops Pedersen (board member, 04/04/2025) and Jacob Christoffer Kops Pedersen (director, 04/04/2025).

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 10m−DKK 8m−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4m202020212022202320242025
EquityNet profit
Financial figures for LiqTech Plastics A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit17,9725,56310,68212,8297,26513,478+85.5%
Operating profit (EBIT)−2,171−7,804−4,183−3,295−7,991−2,033+74.6%
Profit before tax−2,171−7,829−4,224−3,251−8,003––
Net profit−1,596−7,829−4,475−3,279−8,003−2,100+73.8%
Total assets13,22211,80110,40311,06210,91818,571+70.1%
Equity4,4041,5754,1008212,818718−74.5%
Liabilities8,81810,2266,303––––
Cash and cash equivalents1,8838977726391,6711,696+1.5%
Average number of employees242626262522−12%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
Gross profitMedian, the industry (117 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 75% from 2024 to 2025 (DKK 2.8m to DKK 718k).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Low equity ratio

    Equity makes up 4% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for LiqTech Plastics A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202501/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202423/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202302/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202203/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202114/07/2022The companyPDFXBRL
202001/07/2019 – 31/12/202016/07/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
05101520253009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

117 companies in the database

Comparison with the other companies in manufacture of other plastic products based on the latest financial year.

Gross profitDKK 13.5mNo. 47 of 117
Better than 60% of the companies in the industry
EquityDKK 718kNo. 100 of 117
Better than 15% of the companies in the industry
Number of employees25No. 36 of 117
Better than 70% of the companies in the industry

Industry median: gross profit DKK 7.3m, net profit DKK 849k, equity DKK 7.2m, 10 employees.

DKK 101kDKK 685kDKK 4.7mDKK 31.8mDKK 114.2mHere
Distribution of gross profit for 116 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 20–49 employees9,922 companies in the comparison
No. 4,602of 9,892
Better than 53%
No. 7,887of 9,922
Better than 21%
Same industry and 20–49 employees23 companies in the comparison
No. 18of 23
Better than 23%
No. 23of 23
Better than 0%
Companies that are at least 30 years old10,276 companies in the comparison
No. 3,582of 10,152
Better than 65%
No. 9,129of 10,275
Better than 11%
All companies of type A/S18,025 companies in the comparison
No. 7,670of 17,786
Better than 57%
No. 16,368of 18,024
Better than 9%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Manufacture of other plastic products
Gross profit
  1. LiqTech Plastics A/SDKK 13.5m
  2. SP Moulding A/SDKK 216.4m
  3. Ide-pro Skive A/SDKK 153.4m
Net profit
  1. LiqTech Plastics A/S−DKK 2.1m
  2. SP Moulding A/SDKK 46.6m
  3. Ide-pro Skive A/SDKK 39.4m
Equity
  1. LiqTech Plastics A/SDKK 718k
  2. SP Moulding A/SDKK 303.9m
  3. Ide-pro Skive A/SDKK 73.9m
Employees
  1. LiqTech Plastics A/S25
  2. SP Moulding A/S346
  3. Ide-pro Skive A/S262

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
LiqTech Plastics A/S

Management

4 active registrations

Executive management

Executive management at LiqTech Plastics A/S
NameRoleAppointed
David Nørby Foss KowalczykDirector04/04/2025

Board of directors

Board of directors at LiqTech Plastics A/S
NameRoleAppointed
Fei ChenChair of the board19/10/2022
Claus Steen RasmussenBoard member04/04/2025
David Nørby Foss KowalczykBoard member04/04/2025
Founders
Steen Greve Vitved Simonsen, Børge Greve Simonsen
Former management (18)
Former management at LiqTech Plastics A/S
NameRoleAppointedResigned
Steen Greve Vitved SimonsenBoard member14/06/199010/08/2020
Steen Greve Vitved SimonsenDirector14/06/199010/08/2020
Børge Greve SimonsenChair of the board14/06/199018/11/1999
Joan Ruth SimonsenBoard member14/06/199002/09/2019
Anne-Marie Greve NygaardBoard member18/11/199902/09/2019
Sune MathiesenChair of the board02/09/201930/05/2022
Claus ToftegaardBoard member02/09/201930/05/2022
Peter Dalsgaard Busk JensenCEO01/02/202019/10/2022
Rikke Holgersen FeldBoard member10/08/202019/10/2022
Simon Seidelin StadilBoard member01/12/202127/02/2024
Alexander Jon BuehlerChair of the board30/05/202219/10/2022
Hans Christian WenzelsenBoard member19/10/202227/02/2024
Kim HansenCEO19/10/202209/05/2023
Mikael Bo NielsenDirector09/05/202329/09/2023
Hans Christian WenzelsenDirector29/09/202327/02/2024
Phillip Massie PriceBoard member27/02/202404/04/2025
Jacob Christoffer Kops PedersenBoard member27/02/202404/04/2025
Jacob Christoffer Kops PedersenDirector27/02/202404/04/2025

Signing rule: Selskabet tegnes af to medlemmer af bestyrelsen i forening eller af et medlem af bestyrelsen i forening med en direktør.

Address and production units

1 active production units

Benshøj Industrivej 1
9500 Hobro

Mariagerfjord Municipality · Postcode 9500

Production units
Production unitAddressEmployeesP number
LiqTech Plastics A/SBenshøj Industrivej 1, Sdr. Onsild Kirkeby, 9500 Hobro251002956131

Purpose

Selskabets formål er at drive plasticforarbejdningsvirksomhed og hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

56 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20257 changesaccounts 1 · management 6
  • Annual report for 2024 published
  • David Nørby Foss Kowalczyk appointed director
  • David Nørby Foss Kowalczyk appointed board member
  • Claus Steen Rasmussen appointed board member
  • Phillip Massie Price stepped down as board member
  • Jacob Christoffer Kops Pedersen stepped down as director
  • Jacob Christoffer Kops Pedersen stepped down as board member
20248 changesaddress 1 · accounts 1 · management 6
  • Moved to Benshøj Industrivej 1, Sdr. Onsild Kirkeby, 9500 Hobro
  • Annual report for 2023 published
  • Phillip Massie Price appointed board member
  • Jacob Christoffer Kops Pedersen appointed director
  • Jacob Christoffer Kops Pedersen appointed board member
  • Hans Christian Wenzelsen stepped down as director
  • Hans Christian Wenzelsen stepped down as board member
  • Simon Seidelin Stadil stepped down as board member
20235 changesmanagement 4 · accounts 1
  • Hans Christian Wenzelsen appointed director
  • Mikael Bo Nielsen stepped down as director
  • Annual report for 2022 published
  • Mikael Bo Nielsen appointed director
  • Kim Hansen stepped down as ceo
202210 changesmanagement 9 · accounts 1
  • Hans Christian Wenzelsen appointed board member
  • Kim Hansen appointed ceo
  • Fei Chen appointed chair of the board
  • Alexander Jon Buehler stepped down as chair of the board
  • Rikke Holgersen Feld stepped down as board member
  • Peter Dalsgaard Busk Jensen stepped down as ceo
  • Annual report for 2021 published
  • Alexander Jon Buehler appointed chair of the board
  • Sune Mathiesen stepped down as chair of the board
  • Claus Toftegaard stepped down as board member
20212 changesmanagement 1 · accounts 1
  • Simon Seidelin Stadil appointed board member
  • Annual report for 2020 published
20205 changesmanagement 4 · name 1
  • Rikke Holgersen Feld appointed board member
  • Steen Greve Vitved Simonsen stepped down as director
  • Steen Greve Vitved Simonsen stepped down as board member
  • Name changed from BS PLASTIC A/S to LiqTech Plastics A/S
  • Peter Dalsgaard Busk Jensen appointed ceo
20196 changesmanagement 4 · ownership 2
  • Sune Mathiesen appointed chair of the board
  • Claus Toftegaard appointed board member
  • Anne-Marie Greve Nygaard stepped down as board member
  • Joan Ruth Simonsen stepped down as board member
  • LIQTECH HOLDING A/S registered as owner (100%)
  • JS HOLDING RISSKOV ApS is no longer registered as owner
20081 changeindustry 1
  • Industry changed to Fremstilling af andre plastprodukter (222900)
20041 changeownership 1
  • JS HOLDING RISSKOV ApS registered as owner (100%)
20001 changeaddress 1
  • Moved to Sindalsvej 38, 8240 Risskov
19992 changesmanagement 2
  • Anne-Marie Greve Nygaard appointed board member
  • Børge Greve Simonsen stepped down as chair of the board
19942 changesname 1 · capital 1
  • Name changed from B.S. PLASTIC ApS to BS PLASTIC A/S
  • Share capital changed from 80,000 DKK to 500,000 DKK
19905 changesfounded 1 · management 4
  • Registered as B.S. PLASTIC ApS
  • Steen Greve Vitved Simonsen appointed director
  • Joan Ruth Simonsen appointed board member
  • Steen Greve Vitved Simonsen appointed board member
  • Børge Greve Simonsen appointed chair of the board

Related companies

Same industry in Mariagerfjord

See all →

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.

View in CVRReport a correction