EREC III F38 ApS

CVR 37504556 · Private limited company (ApS) · Active · Low risk

EREC III F38 ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 66.0m and a net result of DKK 4.9m. CEO: Jeppe Lynge Larsen, Hüseyin Meric, Jacob Bertil H:son Annehed.

Bankruptcy risk for EREC III F38 ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% 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×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
37504556
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Taurus Ejendomsforvaltning A/S, Vestre Ringgade 26, 4.
8000 Aarhus C
Municipality
Aarhus
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio17.2%
Current ratio4%
Moves (last 2 years)1
CEO changes in total9
CEO's previous bankruptcies0
Other companies at the address185
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 10.4mDKK 19.6mDKK 12.2m
Net profitDKK 4.9mDKK -16.0mDKK -48.3m
EquityDKK 66.0mDKK 61.1mDKK 77.1m
Total assetsDKK 384.5mDKK 379.2mDKK 425.9m
CashDKK 2.4mDKK 2.4m–
Short-term debtDKK 137.8mDKK 134.4m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025119
1 Jul 2023 – 31 Dec 2024119
1 Jul 2022 – 30 Jun 2023193 Late
1 Jul 2021 – 30 Jun 2022174
1 Jul 2020 – 30 Jun 2021149
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019157
1 Jul 2017 – 30 Jun 2018135
2 Mar 2016 – 30 Jun 2017153

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
CEOJeppe Lynge LarsenCurrent
CEOHüseyin MericCurrent
CEOJacob Bertil H:son AnnehedCurrent
CEOOle Meier Sørensen
CEOCarl Edgar Serge Vøgg
CEOCharlotte Sydow Bech Jensen
CEOCaspar Schultz
Owner (100%)F38 JV HoldCo ApSCurrent
Owner (100%)Euroclub II Holding Sarl
Owner (100%)EREC III (Luxembourg) S.á.r.l.
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorKPMG P/S
FounderEuroclub II Holding SarlCurrent

The CEOs' other companies

Jeppe Lynge Larsen – 45 other companies, of which 1 bankrupt

Hüseyin Meric – 49 other companies

Ole Meier Sørensen – 53 other companies, of which 13 bankrupt

Carl Edgar Serge Vøgg – 40 other companies, of which 9 bankrupt

Charlotte Sydow Bech Jensen – 30 other companies

Caspar Schultz – 40 other companies

Address history (6 moves)

c/o Taurus Ejendomsforvaltning A/S, Vestre Ringgade 26, 4., 8000 Aarhus C
c/o Taurus Ejendomsforvaltning A/S, Vestre Ringgade 26, 4., 8000 Aarhus C
c/o Taurus Ejendomsforvaltning A/S, Skovvejen 11, st., 8000 Aarhus C
c/o Citco (Denmark) ApS, Nybrogade 12, 1203 København K
c/o Citco (Denmark) ApS, Holbergsgade 14, 2. tv, 1057 København K
c/o Citco (Denmark) ApS, Holbergsgade 14, 2. sal, 1057 København K
c/o c/o Citco (Denmark) ApS, Holbergsgade 14, 2., 1057 København K

Former names

EREC III F38 ApS – now
Blue I ApS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about EREC III F38 ApS

Has EREC III F38 ApS gone bankrupt?

No, EREC III F38 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of EREC III F38 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 EREC III F38 ApS?

Jeppe Lynge Larsen, Hüseyin Meric, Jacob Bertil H:son Annehed are the CEOs of EREC III F38 ApS.

Who is the auditor of EREC III F38 ApS?

EREC III F38 ApS most recently used EY Godkendt Revisionspartnerselskab.

When was EREC III F38 ApS founded?

EREC III F38 ApS was founded on 2 March 2016.

What is the equity of EREC III F38 ApS?

Equity was DKK 66.0m 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.