Traeger Pellet Grills Europe ApS

CVR 39668467 · Private limited company (ApS) · Active · Low risk

Traeger Pellet Grills Europe ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry detailhandel med andre nye varer. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 8 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 10.1m and a net result of DKK 1.3m. CEO: Andrew Christian Rust.

Bankruptcy risk for Traeger Pellet Grills Europe ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
39668467
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Flæsketorvet 68
1711 København V
Municipality
København
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 25k
Employees
1 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio82.7%
Current ratio548%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address379
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 16.9mDKK 18.3m
Net profitDKK 1.3mDKK 1.1m
EquityDKK 10.1mDKK 8.8m
Total assetsDKK 12.2mDKK 11.0m
CashDKK 1.5m–
Short-term debtDKK 2.1m–
Tax owedDKK 50k–
Avg. employees6–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023191 Late
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020196 Late
1 Jan 2019 – 31 Dec 2019157
18 Jun 2018 – 31 Dec 2018162

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOAndrew Christian RustCurrent
CEOKarsten Nielsen
BoardJeremy Brent AndrusCurrent
BoardAndrew Christian RustCurrent
BoardCourtland Riley AstillCurrent
BoardMichael Joseph HordCurrent
BoardJeffrey Scott Carpenter
BoardDominic Bruno Blosil
BoardAlexander William Brodil
BoardJoann Kate McDonald
Owner (100%)Traeger Pellet Grills LLCCurrent
FounderTraeger Pellet Grills LLCCurrent

The CEOs' other companies

Karsten Nielsen – 2 other companies

Address history (4 moves)

Flæsketorvet 68, 1711 København V
Nelson Mandelas Allé 14, 2450 København SV
Tømmergravsgade 6, 2450 København SV
c/o Karsten Nielsen, Kattegatvej 40, 2150 Nordhavn
c/o Karsten Nielsen, Caroline Amalie Vej 63, 2800 Kgs. Lyngby

Employees per year

Number of employees at Traeger Pellet Grills Europe ApS per year112018: 12018

Other companies at the same address

Similar companies in København

Questions and answers about Traeger Pellet Grills Europe ApS

Has Traeger Pellet Grills Europe ApS gone bankrupt?

No, Traeger Pellet Grills Europe ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Traeger Pellet Grills Europe ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Traeger Pellet Grills Europe ApS?

Andrew Christian Rust is the CEO of Traeger Pellet Grills Europe ApS.

Who is the auditor of Traeger Pellet Grills Europe ApS?

Traeger Pellet Grills Europe ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Traeger Pellet Grills Europe ApS founded?

Traeger Pellet Grills Europe ApS was founded on 18 June 2018.

What is the equity of Traeger Pellet Grills Europe ApS?

Equity was DKK 10.1m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.