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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  2.7% 1.8% 0.9% 3.4% 2.1%  
Credit score (0-100)  61 71 88 54 66  
Credit rating  BBB A A BBB A  
Credit limit (kDKK)  0.0 1.7 288.4 0.0 0.3  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  1,418 1,419 2,550 1,580 1,820  
EBITDA  242 562 1,244 110 366  
EBIT  48.5 390 1,066 -67.9 313  
Pre-tax profit (PTP)  43.6 384.3 1,041.7 -82.5 303.5  
Net earnings  32.6 276.3 874.4 -88.1 233.0  
Pre-tax profit without non-rec. items  43.6 384 1,042 -82.5 303  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  262 197 469 52.8 0.0  
Shareholders equity total  1,673 1,906 2,530 2,442 2,675  
Interest-bearing liabilities  190 182 308 146 67.8  
Balance sheet total (assets)  3,170 3,766 4,001 3,339 3,359  

Net Debt  -930 -1,928 -589 -1,100 -1,185  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  1,418 1,419 2,550 1,580 1,820  
Gross profit growth  -2.8% 0.1% 79.7% -38.0% 15.2%  
Employees  0 3 3 3 3  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  3,170 3,766 4,001 3,339 3,359  
Balance sheet change%  29.0% 18.8% 6.2% -16.6% 0.6%  
Added value  241.7 561.7 1,244.1 109.7 366.3  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -37 -343 -11 -700 -106  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  4.0 5.0 5.0 -1.0 1.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  3.4% 27.5% 41.8% -4.3% 17.2%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  1.7% 11.3% 27.5% -1.9% 9.4%  
ROI %  2.6% 18.7% 41.9% -2.5% 11.7%  
ROE %  2.0% 15.4% 39.4% -3.5% 9.1%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  52.8% 50.6% 63.2% 73.1% 79.6%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -384.9% -343.3% -47.4% -1,002.6% -323.4%  
Gearing %  11.4% 9.5% 12.2% 6.0% 2.5%  
Net interest  0 0 0 0 0  
Financing costs %  5.2% 3.3% 10.1% 6.4% 9.6%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.9 1.3 1.0 1.9 2.6  
Current Ratio  1.9 1.9 2.3 3.7 5.0  
Cash and cash equivalent  1,120.0 2,110.0 897.4 1,246.3 1,252.6  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  1,209.5 1,526.5 1,803.3 2,381.4 2,657.0  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  0 187 415 37 122  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 187 415 37 122  
EBIT / employee  0 130 355 -23 104  
Net earnings / employee  0 92 291 -29 78