Financial Ratios Castellum AB

Equities

CAST

SE0000379190

Real Estate Development & Operations

Market Closed - Nasdaq Stockholm Other stock markets 17:00:00 05/06/2026 BST			5-day change	1st Jan Change
122.20 ^SEK	-0.93%		-2.63%	+14.85%

06-05	PriorNilsson Realinvest rose 2.83 percent in May - positive contribution from Castellum	FW
06-05	Akelius sells personal stake in Castellum, 'following my strategy' - Di	FW

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Published financial data: CASTELLUM AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Rental Revenues	5.72B	7.8B	9.81B	9.78B	9.59B
Other Revenues, Total	574M	1.86B	843M	486M	289M
Total Revenues	6.3B	9.66B	10.65B	10.27B	9.88B
Property Expenses	1.99B	3.16B	3.24B	3.06B	3.07B
Selling General & Admin Expenses, Total	201M	346M	470M	313M	335M
Other Operating Expenses	19M	-	-	-	-
Total Operating Expenses	2.21B	3.5B	3.71B	3.38B	3.4B
Operating Income (REIT / Utility Template)	4.09B	6.16B	6.94B	6.89B	6.48B
Interest Expense, Total	-522M	1.16B	-3.44B	-1.68B	-3.06B
Interest and Investment Income	63M	-	39M	50M	36M
Net Interest Expenses	-459M	1.16B	-3.4B	-1.63B	-3.03B
Income (Loss) on Equity Invest.	-	-	-	-	-
Other Non Operating Income (Expenses)	111M	-	-	65M	-
EBT, Excl. Unusual Items	3.74B	7.32B	3.54B	5.33B	3.45B
Restructuring Charges	-	-	-	-	-
Total Merger & Related Restructuring Charges	-103M	-7M	-	-	-
Impairment of Goodwill	-194M	-440M	-474M	-188M	-141M
Gain (Loss) on Sale of Investments	1.24B	-1.1B	-3.14B	-751M	474M
Asset Writedown	7.18B	-3.54B	-14.53B	-1.63B	-2.45B
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	11.87B	2.24B	-14.61B	2.76B	1.33B
Income Tax Expense	41M	487M	-3.02B	404M	396M
Earnings From Continuing Operations	11.83B	1.75B	-11.59B	2.36B	938M
Net Income to Company	11.83B	1.75B	-11.59B	2.36B	938M
Net Income - (IS)	11.83B	1.75B	-11.59B	2.36B	938M
Net Income to Common Incl Extra Items	11.83B	1.75B	-11.59B	2.36B	938M
Net Income to Common Excl. Extra Items	11.83B	1.75B	-11.59B	2.36B	938M
Per Share Items
Net EPS - Basic	41.81	5.29	-25.68	4.79	1.91
Basic EPS - Continuing Operations	41.81	5.29	-25.68	4.79	1.91
Basic Weighted Average Shares Outstanding	283M	331M	451M	493M	492M
Net EPS - Diluted	41.81	5.29	-25.68	4.79	1.91
Diluted EPS - Continuing Operations	41.81	5.29	-25.68	4.79	1.91
Diluted Weighted Average Shares Outstanding	283M	331M	451M	493M	492M
Normalized Basic EPS	8.26	13.83	4.9	6.76	4.38
Normalized Diluted EPS	8.26	13.83	4.9	6.76	4.38
Dividend Per Share	7.6	-	-	2.48	-
Payout Ratio	15.96	116.51	-8.39	14.89	134.86
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
EBITDA	4.23B	6.32B	7.02B	6.92B	6.5B
EBITA	4.09B	6.16B	6.94B	6.9B	6.48B
EBIT	4.09B	6.16B	6.94B	6.89B	6.48B
EBITDAR	4.26B	6.4B	7.08B	7B	6.57B
Total Revenues (As Reported)	6.35B	9B	-	9.85B	9.59B
Effective Tax Rate - (Ratio)	0.35	21.77	20.65	14.63	29.69
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	173M	15M	12M	172M	257M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-132M	472M	-3.03B	232M	139M
Normalized Net Income	2.34B	4.57B	2.21B	3.33B	2.16B
Interest Capitalized	50M	101M	42M	36M	49M
Interest on Long-Term Debt	27M	80M	73M	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	174M	270M	403M	241M	264M
Net Rental Expense, Total	27M	76M	67M	72M	71M
Imputed Operating Lease Interest Expense	2.04M	-8.46M	26.38M	16.06M	29.9M
Imputed Operating Lease Depreciation	24.96M	84.46M	40.62M	55.94M	41.1M
Maintenance & Repair Expenses, Total	155M	286M	349M	318M	354M
Stock-Based Comp., G&A Exp. (Total)	9M	6M	6M	13M	8M
Total Stock-Based Compensation	9M	6M	6M	13M	8M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Gross Property Plant And Equipment	154B	155B	139B	137B	138B
Accumulated Depreciation	-233M	-273M	-246M	-237M	-95M
Net Property Plant And Equipment	154B	154B	138B	137B	138B
Land Held For Development Or Sale	960M	953M	802M	-	-
Total Real Estate Assets	155B	155B	139B	137B	138B
Cash And Equivalents	1.2B	858M	2.09B	2.4B	120M
Accounts Receivable, Total	218M	232M	95M	123M	37M
Other Receivables	1.05B	899M	688M	414M	386M
Investment In Debt and Equity Securities	190M	-	-	-	-
Goodwill	5.54B	4.97B	4.5B	4.31B	4.17B
Other Intangibles, Total	-	-	18M	11M	8M
Other Current Assets, Total	698M	1.22B	965M	1.12B	851M
Other Long-Term Assets, Total	13.64B	16.18B	11.89B	12.24B	12.26B
Total Assets	178B	180B	159B	158B	156B
Liabilities
Current Portion of Long-Term Debt	-	12.39B	4.54B	7.48B	9.82B
Current Portion of Leases	-	-	-	100M	-
Short-Term Borrowings	-	-	-	850M	850M
Long-Term Debt	71.39B	64.93B	57.13B	50.3B	46.34B
Long-Term Leases	1.74B	1.59B	1.44B	1.36B	1.1B
Accounts Payable, Total	405M	394M	285M	315M	308M
Accrued Expenses, Total	148M	277M	299M	288M	258M
Current Income Taxes Payable	297M	138M	54M	51M	289M
Unearned Revenue, Current	1.13B	1.23B	1.7B	1.78B	1.7B
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	1.49B	2.02B	1.37B	1.01B	1.11B
Deferred Tax Liability Non-Current	17.35B	17.75B	14.81B	14.9B	15.14B
Other Non Current Liabilities	38M	26M	524M	249M	645M
Total Liabilities	94B	101B	82.16B	78.68B	77.58B
Common Stock, Total	173M	173M	246M	246M	246M
Additional Paid In Capital	29.03B	29.03B	38.94B	38.94B	38.94B
Retained Earnings	43.58B	39.78B	27.85B	29.9B	29.31B
Comprehensive Income and Other	10.16B	10B	10.14B	10.08B	9.81B
Total Common Equity	82.94B	78.98B	77.18B	79.17B	78.31B
Minority Interest	693M	-	-	-	-
Total Equity	83.64B	78.98B	77.18B	79.17B	78.31B
Total Liabilities And Equity	178B	180B	159B	158B	156B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	341M	328M	493M	492M	492M
ECS Total Common Shares Outstanding	341M	328M	493M	492M	492M
Book Value / Share	213.72	209.54	136.03	140.14	138.49
Tangible Book Value	77.4B	74.01B	72.66B	74.86B	74.14B
Tangible Book Value Per Share	197.44	194.41	126.87	131.37	130.01
Total Debt	73.13B	78.91B	63.11B	60.1B	58.12B
Net Debt	71.94B	78.05B	61.02B	57.7B	58B
Debt Equivalent Oper. Leases	216M	608M	536M	576M	568M
Minority Interest, Total (Incl. Fin. Div)	693M	-	-	-	-
Equity Method Investments, Total	13.57B	13.29B	10.01B	9.92B	10.9B
Account Code - Inventory Valuation	3	3	3	3	3
Buildings, Total	89.27B	89.97B	85.26B	80.96B	81.8B
Machinery, Total	437M	483M	-	-	-
Full Time Employees	416	521	535	536	521
Part Time Employees	11	13	11	9	10
Accumulated Allowance for Doubtful Accounts (Supple)	-	46M	51M	46M	39M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	11.83B	1.75B	-11.59B	2.36B	938M
Depreciation, Depletion & Amortization	139M	160M	176M	125M	103M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	2M	3M	3M
Total Depreciation, Depletion & Amortization	139M	160M	178M	128M	106M
Total Asset Writedown	-	-	5M	-	3M
Provision and Write-off of Bad Debts	-	-	26M	21M	44M
Change in Accounts Receivable	-493M	38M	326M	129M	83M
Change in Other Net Operating Assets (Collected)	-181M	149M	396M	-217M	-186M
Other Operating Activities	-8.69B	2.2B	15.47B	1.88B	2.93B
Cash from Operations	2.6B	4.3B	4.81B	4.3B	3.92B
Acquisition of Real Estate Assets, Total	-12.69B	-5.91B	-3.8B	-2.63B	-5.2B
Sale of Real Estate Assets, Total	17.23B	3.08B	4.47B	3.03B	809M
Net Sale / Acquisition of Real Estate Assets	4.54B	-2.83B	677M	401M	-4.39B
Cash Acquisitions	-6.48B	-	-	-	-
Investment in Marketable and Equity Securities, Total	-12.35B	123M	-23M	-355M	-840M
Other Investing Activities, Total	319M	182M	146M	-	69M
Cash from Investing	-13.97B	-2.53B	800M	46M	-5.16B
Long-Term Debt Issued, Total	5.36B	29.2B	16.19B	17.31B	21.75B
Total Debt Issued	5.36B	29.2B	16.19B	17.31B	21.75B
Long-Term Debt Repaid, Total	-	-25B	-29.99B	-20.8B	-21.8B
Total Debt Repaid	-	-25B	-29.99B	-20.8B	-21.8B
Issuance of Common Stock	10.16B	-	10.18B	-	-
Repurchase of Common Stock	-1.04B	-2.75B	-	-20M	-39M
Common Dividends Paid	-1.89B	-2.04B	-973M	-351M	-1.26B
Common & Preferred Stock Dividends Paid	-1.89B	-2.04B	-973M	-351M	-1.26B
Other Financing Activities, Total	-194M	-1.57B	221M	-213M	346M
Cash from Financing	12.4B	-2.16B	-4.38B	-4.07B	-1.01B
Foreign Exchange Rate Adjustments	-	49M	-3M	41M	-28M
Net Change in Cash	1.04B	-339M	1.23B	312M	-2.28B
Supplemental Items
Cash Interest Paid	-	1.48B	2.29B	2.25B	2.27B
Cash Income Tax Paid (Refund)	244M	144M	92M	20M	135M
Net Debt Issued / Repaid	5.36B	4.2B	-13.81B	-3.49B	-54M
Levered Free Cash Flow	2.55B	4.94B	2.38B	3.12B	2.85B
Unlevered Free Cash Flow	2.88B	4.21B	4.53B	4.17B	4.76B
Change In Net Working Capital	-176M	-196M	-105M	182M	-613M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.78	2.15	2.56	2.72	2.58
Return on Total Capital	2.02	2.45	2.91	3.08	2.94
Return On Equity %	17.94	2.15	-14.85	3.02	1.19
Return on Common Equity	18.03	2.16	-14.85	3.02	1.19
Margin Analysis
Gross Profit Margin %	68.43	67.32	69.57	70.18	68.94
SG&A Margin	3.19	3.58	4.41	3.05	3.39
EBITDA Margin %	67.14	65.4	65.89	67.43	65.8
EBITA Margin %	64.94	63.74	65.18	67.16	65.58
EBIT Margin %	64.94	63.74	65.16	67.13	65.55
Income From Continuing Operations Margin %	187.84	18.11	-108.86	22.95	9.49
Net Income Margin %	187.84	18.11	-108.86	22.95	9.49
Net Avail. For Common Margin %	187.84	18.11	-108.86	22.95	9.49
Normalized Net Income Margin	37.13	47.33	20.75	32.42	21.83
Levered Free Cash Flow Margin	40.55	51.08	22.36	30.38	28.83
Unlevered Free Cash Flow Margin	45.73	43.58	42.57	40.62	48.21
Asset Turnover
Asset Turnover	0.04	0.05	0.06	0.06	0.06
Fixed Assets Turnover	0.05	0.06	0.07	0.07	0.07
Receivables Turnover (Average Receivables)	23.6	34.68	85.27	89.76	119.91
Short Term Liquidity
Current Ratio	0.91	0.2	0.46	0.34	0.1
Quick Ratio	0.71	0.12	0.35	0.25	0.04
Operating Cash Flow to Current Liabilities	0.75	0.26	0.58	0.36	0.27
Days Sales Outstanding (Average Receivables)	15.47	10.52	4.28	4.08	3.04
Average Days Payable Outstanding	48.75	46.17	38.25	35.85	37.05
Long Term Solvency
Total Debt/Equity	87.44	99.91	81.78	75.9	74.22
Total Debt / Total Capital	46.65	49.98	44.99	43.15	42.6
LT Debt/Equity	87.44	84.22	75.9	65.25	60.59
Long-Term Debt / Total Capital	46.65	42.13	41.75	37.1	34.78
Total Liabilities / Total Assets	52.92	56.05	51.56	49.85	49.76
EBIT / Interest Expense	7.83	-5.31	2.02	4.1	2.11
EBITDA / Interest Expense	8.1	-5.45	2.07	4.17	2.15
(EBITDA - Capex) / Interest Expense	8.1	-5.45	2.04	4.12	2.15
Total Debt / EBITDA	17.3	12.49	8.87	8.56	8.83
Net Debt / EBITDA	17.01	12.35	8.57	8.22	8.81
Total Debt / (EBITDA - Capex)	17.3	12.49	8.99	8.68	8.84
Net Debt / (EBITDA - Capex)	17.01	12.35	8.69	8.33	8.83
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	4.88	53.47	10.97	-3.56	-3.78
Gross Profit, 1 Yr. Growth %	-1.06	51.66	13.88	-2.73	-5.47
EBITDA, 1 Yr. Growth %	-0.77	49.48	12.92	-1.23	-6.11
EBITA, 1 Yr. Growth %	-1.85	50.65	12.68	-0.55	-6.03
EBIT, 1 Yr. Growth %	-1.85	50.65	12.65	-0.56	-6.03
Earnings From Cont. Operations, 1 Yr. Growth %	110.65	-85.2	-762.4	-120.33	-60.2
Net Income, 1 Yr. Growth %	110.65	-85.2	-762.4	-120.33	-60.2
Diluted EPS Before Extra, 1 Yr. Growth %	103.73	-87.35	-585.53	-118.63	-60.18
Normalized Net Income, 1 Yr. Growth %	14.75	101.63	-51.69	50.65	-34.42
Net Property, Plant and Equip., 1 Yr. Growth %	48.06	-0.44	-10.98	-1.33	0.59
Accounts Receivable, 1 Yr. Growth %	-18.35	6.42	-29.63	29.47	-69.92
Total Assets, 1 Yr. Growth %	61.61	1.18	-11.35	-0.93	-1.25
Common Equity, 1 Yr. Growth %	71.93	-4.78	-2.29	2.59	-1.09
Tangible Book Value, 1 Yr. Growth %	66.2	-4.37	-1.82	3.02	-0.96
Cash From Operations, 1 Yr. Growth %	-11.58	65.19	12.27	-10.74	-7.13
Capital Expenditures, 1 Yr. Growth %	-	-	9.41	3.23	-45.45
Levered Free Cash Flow, 1 Yr. Growth %	46.85	93.33	-52.49	31.02	-10.8
Unlevered Free Cash Flow, 1 Yr. Growth %	24.73	46.27	5.71	-7.89	12.2
Dividend Per Share, 1 Yr. Growth %	10.14	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.01	26.87	30.04	3.45	-3.67
Gross Profit, 2 Yr. CAGR %	2.35	22.23	31.42	5.25	-4.11
EBITDA, 2 Yr. CAGR %	2.91	21.79	28.83	5.57	-3.7
EBITA, 2 Yr. CAGR %	2.03	21.6	30.29	5.81	-3.33
EBIT, 2 Yr. CAGR %	2.03	21.6	30.27	5.79	-3.34
Earnings From Cont. Operations, 2 Yr. CAGR %	44.69	-44.17	-1	16.05	-71.55
Net Income, 2 Yr. CAGR %	44.69	-44.17	-1	16.05	-71.55
Diluted EPS Before Extra, 2 Yr. CAGR %	42.18	-49.23	-21.62	-4.88	-72.76
Normalized Net Income, 2 Yr. CAGR %	11.02	49.84	-1.3	-14.69	-1.21
Net Property, Plant and Equip., 2 Yr. CAGR %	26.6	21.79	-5.57	-6.01	-0.38
Accounts Receivable, 2 Yr. CAGR %	72.81	-6.78	-33.99	-4.55	-37.59
Total Assets, 2 Yr. CAGR %	33.96	27.87	-5.29	-6.28	-1.09
Common Equity, 2 Yr. CAGR %	37.64	27.95	-3.54	0.12	0.73
Tangible Book Value, 2 Yr. CAGR %	35.61	26.07	-3.11	0.57	1.01
Cash From Operations, 2 Yr. CAGR %	-14.2	20.86	35.98	0.1	-9.74
Capital Expenditures, 2 Yr. CAGR %	-	-	-	6.27	-64.08
Levered Free Cash Flow, 2 Yr. CAGR %	-4.97	68.49	-3.42	-21.1	9.38
Unlevered Free Cash Flow, 2 Yr. CAGR %	-7.79	35.07	25.46	-1.36	2.56
Dividend Per Share, 2 Yr. CAGR %	8.13	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.13	18.41	21.05	17.71	0.98
Gross Profit, 3 Yr. CAGR %	2.99	16.52	19.38	18.88	1.55
EBITDA, 3 Yr. CAGR %	3.57	16.55	18.09	17.88	1.52
EBITA, 3 Yr. CAGR %	2.59	16.18	18.55	19.04	1.71
EBIT, 3 Yr. CAGR %	2.59	16.18	18.54	19.02	1.69
Earnings From Cont. Operations, 3 Yr. CAGR %	16.64	-32.34	27.33	-41.59	-18.77
Net Income, 3 Yr. CAGR %	16.64	-32.34	27.33	-41.59	-18.77
Diluted EPS Before Extra, 3 Yr. CAGR %	15.29	-36.52	7.76	-51.45	-28.84
Normalized Net Income, 3 Yr. CAGR %	6.42	34.1	2.75	13.64	-22.17
Net Property, Plant and Equip., 3 Yr. CAGR %	19.96	17.1	9.93	-3.99	-3.86
Accounts Receivable, 3 Yr. CAGR %	1.09	47.02	-29.14	-17.37	-35.04
Total Assets, 3 Yr. CAGR %	24.46	22	13.18	-3.86	-4.63
Common Equity, 3 Yr. CAGR %	27.78	21.74	16.95	-1.54	-0.28
Tangible Book Value, 3 Yr. CAGR %	26.66	20.7	15.99	-1.11	0.06
Cash From Operations, 3 Yr. CAGR %	1.56	6.74	17.8	18.18	-2.93
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	-47.93
Levered Free Cash Flow, 3 Yr. CAGR %	18.95	20.41	11.06	6.91	-17.16
Unlevered Free Cash Flow, 3 Yr. CAGR %	13.72	7.54	25.22	13.15	3.57
Dividend Per Share, 3 Yr. CAGR %	7.6	-	-	-31.15	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.79	13.27	13.81	12.02	10.48
Gross Profit, 5 Yr. CAGR %	7.25	12.71	13.43	11.87	9.36
EBITDA, 5 Yr. CAGR %	7.78	13.01	13.02	11.65	8.82
EBITA, 5 Yr. CAGR %	7.17	12.52	12.88	11.92	9.24
EBIT, 5 Yr. CAGR %	7.17	12.52	12.88	11.91	9.23
Earnings From Cont. Operations, 5 Yr. CAGR %	18.93	-21.51	9.24	-16.04	-30.08
Net Income, 5 Yr. CAGR %	18.93	-21.51	9.24	-16.04	-30.08
Diluted EPS Before Extra, 5 Yr. CAGR %	14.55	-24.46	-1.2	-25.38	-37.83
Normalized Net Income, 5 Yr. CAGR %	11.76	21.39	2.64	11.91	1.15
Net Property, Plant and Equip., 5 Yr. CAGR %	16.83	13.73	9.14	7.37	5.81
Accounts Receivable, 5 Yr. CAGR %	-46.74	31.06	-14.75	11	-32.65
Total Assets, 5 Yr. CAGR %	17.8	16.51	11.58	9.78	7.24
Common Equity, 5 Yr. CAGR %	23.19	18.54	14.19	12.58	10.17
Tangible Book Value, 5 Yr. CAGR %	22.92	18.2	13.79	12.21	9.75
Cash From Operations, 5 Yr. CAGR %	2.87	13.9	14.13	3.97	5.9
Levered Free Cash Flow, 5 Yr. CAGR %	-3.4	-5.85	9.44	1.99	10.38
Unlevered Free Cash Flow, 5 Yr. CAGR %	2.34	-9.85	18.28	4.26	15.59
Dividend Per Share, 5 Yr. CAGR %	8.73	-	-	-17.53	-