Owners, management and financials
CVR: 37504556
Previous names: Blue I ApS
DKK 10,449,000
Gross profit
Net result: DKK 4,934,000
F38 JV HoldCo ApS (100%)
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Hüseyin Meric, Jacob Bertil H:son Annehed
1 more in management
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Active
Founded 2 March 2016
CVR · view overview
0 employees
Annual report 2025 · average
Director registered: Jeppe Lynge Larsen
CVR · 31/05/2024
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EREC III F38 ApS is a Danish company of the type Anpartsselskab based in Aarhus C, founded in 2016. The company is registered under the industry Udlejning af erhvervsejendomme. The company was previously named Blue I ApS. The management consists of Hüseyin Meric, Jacob Bertil H:son Annehed and Jeppe Lynge Larsen. The company is owned by F38 JV HoldCo ApS. According to the 2025 annual report, the company had an average of 0 employees. In 2025, the company reported a gross profit of DKK 10,449,000 and a net result of DKK 4,934,000. Equity in the 2025 report amounted to DKK 65,996,000.
Source: annual report 2025, Danish Business Authority
The financial health of EREC III F38 ApS shows volatility, particularly in profitability, with a significant loss of 48,348,000 DKK in 2023 following a profit of 4,934,000 DKK in 2025. Gross profit has generally trended upwards, increasing from 7,613,000 DKK in 2020 to 12,210,000 DKK in 2023, indicating potential operational strength despite the recent losses. The company's equity has decreased from 125,430,000 DKK in 2022 to 65,996,000 DKK in 2025, raising concerns about its financial stability. Positioned in the commercial real estate rental industry, EREC III F38 ApS must address its profitability challenges to maintain its competitive edge.
AI-generated summary · Generated 14/08/2026
Selskabets formål er at investere i, eje, udvikle og udleje ejendomme samt virksomhed relateret hertil
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 10.4 mio. | 4.9 mio. | 384.5 mio. | 66 mio. | 0 | |
| 202301/07/2022 – 30/06/2023 | 12.2 mio. | -48.3 mio. | 425.9 mio. | 77.1 mio. | - | |
| 202201/07/2021 – 30/06/2022 | 11.5 mio. | -977 t. | 474.5 mio. | 125.4 mio. | - | |
| 202101/07/2020 – 30/06/2021 | 10.4 mio. | 3.6 mio. | 472.2 mio. | 126.4 mio. | - | |
| 202001/07/2019 – 30/06/2020 | 7.6 mio. | -8.7 mio. | 462.4 mio. | 122.8 mio. | - | |
| 201901/07/2018 – 30/06/2019 | 2.7 mio. | 69.2 mio. | 470.1 mio. | 131.5 mio. | - | |
| 201801/07/2017 – 30/06/2018 | -1.6 mio. | -83.7 mio. | 350.7 mio. | 62.3 mio. | - |
Compared to 18.869 companies in Udlejning af erhvervsejendomme
Comparison is based on industry median values
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Set up monitoringThe CVR number of EREC III F38 ApS is 37504556.
EREC III F38 ApS is owned by F38 JV HoldCo ApS.
The management of EREC III F38 ApS consists of Hüseyin Meric, Jacob Bertil H:son Annehed and Jeppe Lynge Larsen.
In 2025, EREC III F38 ApS reported a gross profit of DKK 10,449,000.
EREC III F38 ApS had an average of 0 employees in the 2025 financial year according to the annual report.
EREC III F38 ApS was founded on 2 March 2016.
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EREC III F38 ApS has published its annual report for 2025. Gross profit came to DKK 10,449,000, and the net result was DKK 4,934,000.
EREC III F38 ApS has published its interim report for the period July 1, 2023 – December 31, 2024.
As of May 31, 2024, EY Godkendt Revisionspartnerselskab has been appointed auditor of EREC III F38 ApS.
As of May 31, 2024, KPMG P/S has stepped down as auditor of EREC III F38 ApS.
As of May 31, 2024, Jeppe Lynge Larsen is registered as director of EREC III F38 ApS.
As of May 31, 2024, Jacob Bertil H:son Annehed is registered as director of EREC III F38 ApS.
As of May 31, 2024, Hüseyin Meric is registered as director of EREC III F38 ApS.
As of May 31, 2024, Ole Meier Sørensen has stepped down as director of EREC III F38 ApS.
As of May 31, 2024, Caspar Schultz has stepped down as director of EREC III F38 ApS.
As of May 31, 2024, F38 JV HoldCo ApS is registered as an owner of EREC III F38 ApS with an ownership share of 100%.
EREC III F38 ApS has published its annual report for 2023. Gross profit came to DKK 12,210,000, and the net result was DKK -48,348,000.
EREC III F38 ApS has published its annual report for 2022. Gross profit came to DKK 11,452,000, and the net result was DKK -977,000.
As of June 29, 2022, Caspar Schultz is registered as director of EREC III F38 ApS.
As of June 29, 2022, Charlotte Sydow Bech Jensen has stepped down as director of EREC III F38 ApS.
EREC III F38 ApS has published its annual report for 2021. Gross profit came to DKK 10,418,000, and the net result was DKK 3,566,000.
EREC III F38 ApS has published its annual report for 2020. Gross profit came to DKK 7,613,000, and the net result was DKK -8,678,000.
EREC III F38 ApS has published its annual report for 2019. Gross profit came to DKK 2,705,000, and the net result was DKK 69,233,000.
EREC III F38 ApS has published its annual report for 2018. Gross profit came to DKK -1,618,000, and the net result was DKK -83,676,000.
As of December 11, 2017, Charlotte Sydow Bech Jensen is registered as director of EREC III F38 ApS.
EREC III F38 ApS has published its interim report for the period March 2, 2016 – June 30, 2017.
As of September 28, 2017, Carl Edgar Serge Vøgg has stepped down as director of EREC III F38 ApS.
As of September 13, 2017, KPMG P/S has been appointed auditor of EREC III F38 ApS.
On September 29, 2016, the company changed its name from Blue I ApS to EREC III F38 ApS.
As of March 2, 2016, Ole Meier Sørensen is registered as director of EREC III F38 ApS.
As of March 2, 2016, Carl Edgar Serge Vøgg is registered as director of EREC III F38 ApS.
EREC III F38 ApS was founded on March 2, 2016.
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