On this page of Benford's Law Stocks.com we present our study of LIQTECH INTERNATIONAL INC — ticker symbol LIQT. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/31/2021 to 11/14/2025 for LIQTECH INTERNATIONAL INC under CIK number 0001307579. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for LIQT, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for LIQTECH INTERNATIONAL INC based on the past LIQT filings our system processed in the past.
29.0
17.1
8.9
8.5
11.4
7.8
6.0
4.7
6.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, LIQT stockholder letter ]
Total numbers found: 638
Recent share count: 9,614,043 (9's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
638
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 6 numbers to move any given column by a full percentage point.
81

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 3's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 3's percentage was below the company's typical historical range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 6's percentage was above the typical coverage universe range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 9, we canceled the penalty multiplier.
 • We deducted points upon observing the 9's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 9's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
LIQT
Normal score compared to other filers, falling within the middle 50%.
IMKTA
JAGX
MAPS
MIRM
INTU
KIDS
LIXT
MATW
Check our work! We provide our LIQTECH INTERNATIONAL INC Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the LIQT filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 185 numbers that start with the digit 1. Here they are:
10,868,728
1,666,698
168,443
18,775,067
11,520,801
11,786,362
1,964,959
1,300,966
109,319
1,546,110
1,600,931
1,208,588
12,150,826
10,869,079
17,519,010
15,773,387
110,171,256
109,274,166
12,807,614
16,654,092
12,776,858
16,654,092
13,382,304
11,198,627
12,024,792
10,419,847
1,357,512
1,983,414
1,270,195
1,491,366
1,333,002
197,710
138,909
175,140
135,532
156,988
1,552
127,135
1,460,137
10,061
1,074
1,459,762
1,431,913
15
1.26
1,459,762
1,191,470
1,411,976
1,384,127
109,274,166
16,654,092
16,654,092
158,975
159
159
13,788
13,788
109,682,187
15,059,198
15,066,036
109,912,732
13,933,204
13,930,232
13,021
13
13
1,431,913
1,431,913
1,431,913
110,171,256
12,807,614
12,776,858
17,276,016
17,276,016
110,028
110
110
193,321
193,321
193,321
14,537,462
14,537,462
11,932
12
12
104,940
104,940
104,940
166,617
166,617
166,617
12,274,248
12,274,248
1,107,356
1,107,385
1,107,385
161,853
161,853
161,853
100,320,472
11,421,485
11,421,485
1,316,217
1,621,898
1,075
1,010,624
190,640
129,992
188,266
173,139
1,233,103
1,107,385
1,149,085
19,694
125,718
151,468
10,868,728
10,422,181
132,997
131,380
149,407
10
1.2
10,000,000
12
1,900,272
127,030
1,973,219
13,382,304
11,198,627
1,975,848
1,077,630
1,019,180
13,382,304
11,198,627
1,316,195
1,024,605
1,459,762
10,357,076
10,679,025
1,670,644
11,842,084
134,912
1,580,255
1,378,503
1,209,124
1,909,264
11,387
1,331,905
1,121,897
1,557,379
1,666,698
109,319
1,557,379
1,607,559
1,157,025
1,546,110
1,600,931
155,833
1,172,522
124,915
176,451
1,224,171
100,726
183,750
11,868
13,021
13,021
10
13
1
16
11,391,225
1,139,831
11,391,225
1.97
180,015
1,675,875
13
12
15
13
11
1
14
We found 109 numbers that start with the digit 2. Here they are:
2,500,000
2,500,000
2,396,056
255,649
20,641,117
247,938
220,693
2,185,853
2,491,479
2,478,221
2,687,754
209,533
2,071,843
269,426
278,361
2,080,880
2,380,440
2,589,973
24,079
29,644
250,912
260,614
2,850,587
2,840,526
27,849
2,840,526
2,840,526
2,122,001
27,849
2,122,001
28,394
28
220,000
220,000
220,000
241,245
241,245
241,245
2,351,392
2,351,392
2,351,392
230,553
230,553
230,553
2,151,885
2,151,885
2,151,885
2,972
258,537
258,537
258,537
27,849
27,849
29,998
2,388,295
2,388,295
2,388,295
213,191
213,191
213,191
2,111,700
2,111,700
2,111,700
29,227
29
2,840,526
2,840,526
2,840,526
228,928
28,767
203,988
2,995,961
2,478,221
2,492,839
2,478,221
2,420,758
2,053,964
204,295
2,775,487
2,945,757
2,840,526
2,503,101
209,166
2,396,056
24,627
26,202
209,166
2,734,781
2,039,029
2,435,280
2,071,250
2,512,901
20,972
2,979,338
2,925,839
2,059,856
2,059,278
229,976
2,391,185
2,290,759
230,903
2,059,856
245,899
28,394
2.00
220,000
2.79
2.27
24
We found 57 numbers that start with the digit 3. Here they are:
3,775,455
38,128
39,367
30,295,868
32,427,479
3,909,619
3,906,625
30,756
30,295,868
32,427,479
3,807,274
3,059,396
34,523
338,962
39,932
351,764
375
38,650
38,246
348,346
348,346
348,346
30,756
30
30
338,962
38,650
383,835
3,977,121
381,755
3,514,704
30,756
387,208
373,364
3,873,979
3,807,274
3,065,504
3,204,534
3,807,274
317,045
30,295,868
32,427,479
3,984,621
3,033,612
3,775,455
3,693,992
305,184
384,700
3,909,619
3,906,625
338,962
36,059
30,703
36,750
357,903
3.25
3.28
4's 5's 6's
We found 54 numbers that start with the digit 4. Here they are:
4,543,004
4,450,822
456,658
458,347
4,904,308
4,171,764
4,577,413
453,619
4,096
457,329
43,700
49
47,786
4,787,420
43,700
4,743,720
47,786
47,786
47,851
453,619
434,762
439,963
457,329
486,819
416,828
434,762
442,519
49,985
4,535,266
478,073
4,607
4,106,975
4,549,104
49,709
49,709
49,126
466,988
482,470
49,577
4,543,004
4,450,822
4,543,004
4,450,822
4,586,897
4,082,864
458,347
45,056
4,543,004
453,619
478,890
47,393
405,553
4,485,310
4
We found 73 numbers that start with the digit 5. Here they are:
50,000,000
50,000,000
5,541,192
519,360
513,746
544,197
5,368,184
57,960
5,422,525
5,303,563
5,170,641
541,259
5,628,200
5,979,964
5,978,890
5,935,190
5,820,225
5,811,051
5,978,890
53,065
53,093
53,093
5,218,427
5,170,641
5,727,310
5,727
5,603,888
543,580
543,580
543,580
5,807,340
5,807
5,819,272
5,819
5,848,499
5,848
5,642,134
5,978,890
521,791
538,387
5,528,442
55,789
5,886,915
562,526
53,968
578,351
510,423
5,978,890
578,423
5,541,192
51,442
544,197
513,746
5.3
5.5
519,695
5,767,175
577,475
5,422,525
5,303,563
5,422,525
5,303,563
5,422,525
5,303,563
50,000,000
52,350
53,097
58,333
58,333
5.20
5,021,354
521,791
5,299,879
We found 50 numbers that start with the digit 6. Here they are:
6.8
6,425,768
6,172,371
6,618,822
633,385
63,984
6,362,111
610,713
6,985,712
6,722,512
64,354
63,391
65,016
656,659
62
6,362,111
6,950
6,950
6,013,765
6,838
65
6,147,468
6,360,659
65,016
68,893
687,684
663,198
627,456
626,604
637,556
637,556
637,556
6,425,768
666,817
666,817
633,385
6.8
615,982
6,000,000
6,000,000
696,437
621,031
629,100
611,740
621,031
6,161,185
609,385
609,385
609,385
6,091,346
7's 8's 9's
We found 38 numbers that start with the digit 7. Here they are:
7,354,024
70,241
747,878
778,780
742,105
7,501,292
7,379,171
7,340,521
7,340,521
7,340,521
718,525
7,378,767
7,378,767
795,338
795,338
794,429
75,922,180
78,310,475
718,525
718,525
718,525
7,340,521
730,335
736,726
787,024
7,354,024
7,910,059
7,112,266
735,131
7,340,521
78,707
70,241
786,503
72,736
76,667
75,921
73,500
730,335
We found 30 numbers that start with the digit 8. Here they are:
86,267,438
86,614
89,086
86,267,438
88,618,830
8,019
8
8
8,901
8,901
80,422,175
83,262,701
867,035
863,564
87,721
83,825
8,000,000
8,450,491
825,769
812,246
8,839,565
8,235,726
8,596,127
893,930
893,930
85,958
81,886
8,019
895,456
86
We found 42 numbers that start with the digit 9. Here they are:
9,627,064
9,627,064
9,475,443
9,475,443
9,627,064
9,475,443
9,627,064
964,171
9,627
9,475
92,202,628
940,465
9,616,591
9,610,167
9,475,443
9,475
9,606,024
9,606
909
9,614,043
9,614
90,770,715
9,627,064
9,627
92,202,628
98,796,357
98,989,598
99,051,263
901,122
977,432
948,665
90
988,941
967,516
93,961
964,171
96,990
919,908
919,908
9,627,064
9,475,443
95
While the above LIQT 10Q Filed 11/14/2025 is interesting in isolation, we have found that it is also useful to take a look at older LIQTECH INTERNATIONAL INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 11/14/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical LIQT 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

29.0
17.1
8.9
8.5
11.4
7.8
6.0
4.7
6.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 638

= Typical LIQT range from 3/31/2021 to 11/14/2025
28.7
12.6
11.8
8.0
14.1
7.8
6.0
6.0
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL?   [ original filing ]
Total numbers found: 696

= Typical LIQT range from 3/31/2021 to 11/14/2025
23.8
16.2
14.2
10.3
16.2
5.3
4.5
4.9
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 487

= Typical LIQT range from 3/31/2021 to 11/14/2025
25.7
20.2
13.2
8.7
12.0
8.7
4.0
3.6
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 619

= Typical LIQT range from 3/31/2021 to 11/14/2025
27.1
20.3
13.0
9.7
6.7
9.3
4.7
5.9
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL?   [ original filing ]
Total numbers found: 700

= Typical LIQT range from 3/31/2021 to 11/14/2025
29.3
17.1
12.6
11.9
8.4
6.7
5.7
5.0
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 706

= Typical LIQT range from 3/31/2021 to 11/14/2025
29.6
20.4
13.5
13.5
6.5
5.2
3.6
4.0
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 446

= Typical LIQT range from 3/31/2021 to 11/14/2025
26.5
19.5
9.2
10.4
11.4
7.1
3.6
5.4
7.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 54
XBRL?   [ original filing ]
Total numbers found: 589

= Typical LIQT range from 3/31/2021 to 11/14/2025
27.4
18.1
9.0
10.0
14.8
5.8
4.8
5.0
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 602

= Typical LIQT range from 3/31/2021 to 11/14/2025
27.8
16.2
10.6
8.7
12.4
7.8
6.3
5.9
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 733

= Typical LIQT range from 3/31/2021 to 11/14/2025
27.6
18.7
13.4
12.8
7.9
8.7
3.7
3.5
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 492

= Typical LIQT range from 3/31/2021 to 11/14/2025
25.2
24.5
10.9
10.7
8.4
9.4
3.7
4.9
2.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 670

= Typical LIQT range from 3/31/2021 to 11/14/2025
24.6
19.5
13.1
12.0
8.1
6.5
5.4
7.2
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 651

= Typical LIQT range from 3/31/2021 to 11/14/2025
25.8
18.4
14.2
12.5
8.1
7.2
3.9
5.3
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 695

= Typical LIQT range from 3/31/2021 to 11/14/2025
29.5
20.4
9.5
9.3
11.8
7.8
3.5
3.3
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 451

= Typical LIQT range from 3/31/2021 to 11/14/2025
24.3
18.0
15.5
9.9
12.7
5.8
4.3
3.9
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 534

= Typical LIQT range from 3/31/2021 to 11/14/2025
27.6
17.2
11.2
8.1
14.7
7.9
4.4
4.3
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 680

= Typical LIQT range from 3/31/2021 to 11/14/2025
30.9
17.7
11.0
10.1
8.5
9.0
4.4
4.2
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 744

= Typical LIQT range from 3/31/2021 to 11/14/2025
28.1
22.3
13.9
9.7
6.9
6.9
4.5
4.5
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 466

= Typical LIQT range from 3/31/2021 to 11/14/2025
26.5
22.5
12.6
12.4
8.6
5.3
3.9
5.3
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 619

= Typical LIQT range from 3/31/2021 to 11/14/2025
 

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