ALPES MEDITERRANEE VOYAGES : revenue, balance sheet and financial ratios

ALPES MEDITERRANEE VOYAGES is a French company founded 40 years ago, specialized in the sector Activités des agences de voyage. Based in DIGNE-LES-BAINS (04000), this company of category PME shows in 2017 a revenue of 191 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Historique financier - ALPES MEDITERRANEE VOYAGES (SIREN 333719607)
Kennzahl 2017 2016
Umsatz 191 476 € 168 891 €
Nettoergebnis 16 587 € 16 644 €
EBITDA -1 525 € 31 173 €
Nettomarge 8.7% 9.9%

Umsatz und Gewinn- und Verlustrechnung

In 2017, ALPES MEDITERRANEE VOYAGES achieves revenue of 191 k€. Vs 2016, growth of +13% (169 k€ -> 191 k€). After deducting consumption (0 €), gross margin stands at 191 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -2 k€, representing -0.8% of revenue. Warning negative scissor effect: despite revenue change (+13%), EBITDA varies by -105%, reducing margin by 19.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 17 k€, i.e. 8.7% of revenue. This profit can be retained or distributed to shareholders.

Umsatz (2017) ?
Umsatz
Definition
Gesamtbetrag der Verkäufe von Waren und Dienstleistungen des Unternehmens.
Formel
Warenverkäufe + Verkaufte Produktion

191 476 €

Bruttomarge (2017) ?
Bruttomarge
Definition
Differenz zwischen Umsatz und Wareneinsatz.
Formel
Umsatz - Wareneinsatz

191 476 €

EBITDA (2017) ?
EBITDA (Betriebsergebnis vor Abschreibungen)
Definition
Ressource générée par l'activité courante, avant amortissements et charges financières.
Formel
Wertschöpfung - Personalkosten - Steuern
Interpretation
Positiv = rentable Tätigkeit

-1 525 €

EBIT (2017) ?
EBIT (Betriebsergebnis)
Definition
Betriebsergebnis, einschließlich Abschreibungen und Rückstellungen.
Formel
EBITDA - Abschreibungen und Rückstellungen + Auflösungen

23 550 €

Nettoergebnis (2017) ?
Nettoergebnis
Definition
Bénéfice ou perte après toutes les charges, y compris impôts et éléments exceptionnels.
Formel
Ordentliches Ergebnis + Außerordentliches Ergebnis - Ertragsteuern

16 587 €

EBITDA-Marge (2017) ?
EBITDA-Marge
Definition
Misst die operative Rentabilität des Unternehmens.
Formel
(EBE / CA) x 100
Interpretation
> 10% : Gute Rentabilität
5-10% : Durchschnitt
< 5% : Faible

-0.6%

Chargement du compte de résultat...

Évolution graphique

Anzeigen :

Aktiva

Chargement des données...

Passiva

Chargement des données...

Solvenz- und Verschuldungskennzahlen

The debt ratio (= Financial debt / Equity x 100) stands at 218%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 14.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 7.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Verschuldungsgrad (2017) ?
Verschuldungsgrad
Definition
Misst das Verhältnis von Schulden zu Eigenkapital.
Formel
(Finanzschulden / Eigenkapital) x 100
Interpretation
< 50% : Faible
50-100% : Moderat
> 100% : Hoch

217.864%

Finanzielle Autonomie (2017) ?
Finanzielle Autonomie
Definition
Anteil des Eigenkapitals an der Gesamtfinanzierung.
Formel
(Eigenkapital / Bilanzsumme) x 100
Interpretation
> 30% : Gute Autonomie
20-30% : Durchschnitt
< 20% : Faible

17.214%

Cashflow / Umsatz (2017) ?
Cashflow / Umsatz
Definition
Capacité d'autofinancement rapportée au chiffre d'affaires.
Formel
(CAF / CA) x 100
Interpretation
Je höher das Verhältnis, desto mehr Liquidität generiert das Unternehmen

6.964%

Rückzahlungsfähigkeit (2017) ?
Rückzahlungsfähigkeit
Definition
Anzahl der Jahre zur Schuldenrückzahlung mit dem Cashflow.
Formel
Dettes financières / CAF
Interpretation
< 3 Jahre : Ausgezeichnet
3-5 Jahre : Angemessen
> 5 Jahre : Attention

14.357

Anlagenaltersquote (2017) ?
Anlagenaltersquote
Definition
Misst den Abnutzungsgrad des Sachanlagevermögens.
Formel
Kumulierte Abschreibungen / Bruttoanlagevermögen x 100
Interpretation
< 50% : Neue Anlagen
50-70% : Normale Abnutzung
> 70% : Alternde Anlagen

0.1%

Entwicklung der Solvenzkennzahlen
ALPES MEDITERRANEE VOYAGES

Positionnement sectoriel

Debt ratio
217.86 2017
2016
2017
Q1: 0.0
Méd: 6.62
Q3: 47.32
Watch

In 2017, the debt ratio of ALPES MEDITERRANEE VOYAGES (217.86) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
17.21% 2017
2016
2017
Q1: 8.3%
Méd: 22.08%
Q3: 41.15%
Average -6 pts über 2 Jahre

In 2017, the financial autonomy of ALPES MEDITERRANEE VOYAGES (17.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
14.36 years 2017
2016
2017
Q1: 0.0 years
Méd: 0.01 years
Q3: 0.97 years
Watch

In 2017, the repayment capacity of ALPES MEDITERRANEE VOYAGES (14.36) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquiditätskennzahlen

The liquidity ratio (= Current assets / Current liabilities) stands at 191.08. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquiditätsquote (2017) ?
Liquiditätsquote
Definition
Fähigkeit, kurzfristige Schulden mit dem Umlaufvermögen zu decken.
Formel
Umlaufvermögen / Kurzfristige Verbindlichkeiten
Interpretation
> 1.5 : Sehr gut
1-1.5 : Angemessen
< 1 : Risque de liquidité

191.081

Zinsdeckung (2017) ?
Zinsdeckung
Definition
Fähigkeit, Zinsaufwendungen mit dem Betriebsergebnis zu decken.
Formel
EBIT / Zinsaufwendungen
Interpretation
> 3 : Komfortabel
1.5-3 : Acceptable
< 1.5 : Risiko

-207.541

Entwicklung der Liquiditätskennzahlen
ALPES MEDITERRANEE VOYAGES

Positionnement sectoriel

Liquidity ratio
191.08 2017
2016
2017
Q1: 106.33
Méd: 140.11
Q3: 212.43
Good

In 2017, the liquidity ratio of ALPES MEDITERRANEE VOYAGES (191.08) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
-207.54x 2017
2016
2017
Q1: 0.0x
Méd: 0.04x
Q3: 3.92x
Watch -51 pts über 2 Jahre

In 2017, the interest coverage of ALPES MEDITERRANEE VOYAGES (-207.5x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

Umlaufvermögensbedarf und Zahlungsfristen

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 267 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 1126 days. Excellent situation: suppliers finance 859 days of the operating cycle (retail model). Overall, WCR represents 268 days of revenue, i.e. 142 k€ to permanently finance.

Operatives Working Capital (2017) ?
Operatives Working Capital
Definition
Besoin de financement généré par le cycle d'exploitation (stocks + créances - dettes fournisseurs).
Formel
Stocks + Créances clients - Dettes fournisseurs
Interpretation
Negativ = freigesetzte Liquidität
Positiv = Finanzierungsbedarf

142 493 €

Kundenforderungen (2017) ?
Kundenforderungen (Tage)
Definition
Durchschnittliche Zahlungsfrist für Kunden.
Formel
(Kundenforderungen / Umsatz inkl. MwSt.) x 360
Interpretation
< 45j : Gut
45-60j : Durchschnitt
> 60j : Lang

267 j

Lieferantenverbindlichkeiten (2017) ?
Lieferantenverbindlichkeiten (Tage)
Definition
Durchschnittliche Zahlungsfrist von Lieferanten.
Formel
(Lieferantenverbindlichkeiten / Einkäufe inkl. MwSt.) x 360
Interpretation
Je länger die Frist, desto besser für die Liquidität

1126 j

Lagerumschlag (2017) ?
Lagerumschlag (Tage)
Definition
Durchschnittliche Lagerdauer für Waren oder Materialien.
Formel
(Vorräte / Einkaufskosten) x 360
Interpretation
Je niedriger das Verhältnis, desto schneller der Umschlag

0 j

Working Capital in Umsatztagen (2017) ?
Working Capital in Umsatztagen
Definition
Drückt den Betriebskapitalbedarf in Umsatztagen aus.
Formel
(BFR exploitation / CA) x 360
Interpretation
Je weniger Tage, desto besser das Working Capital Management

268 j

Entwicklung des Working Capital und der Zahlungsfristen
ALPES MEDITERRANEE VOYAGES

Positionnement de ALPES MEDITERRANEE VOYAGES dans son secteur

Vergleich mit der Branche Activités des agences de voyage

Bewertungsschätzung

Based on 80 transactions of similar company sales (all years), the value of ALPES MEDITERRANEE VOYAGES is estimated at 53 116 € (range 32 952€ - 110 985€). The price/revenue ratio is 0.38x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2017
80 tx
32k€ 53k€ 110k€
53 116 € Range: 32 952€ - 110 985€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
191 476 € × 0.38x
Estimation 72 955 €
46 362€ - 107 873€
Net Income Multiple 20%
16 587 € × 1.4x
Estimation 23 360 €
12 839€ - 115 654€
How is this estimate calculated?

This estimate is based on the analysis of 80 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Activités des agences de voyage)

Compare ALPES MEDITERRANEE VOYAGES with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agences de voyage

Frequently asked questions about ALPES MEDITERRANEE VOYAGES

What is the revenue of ALPES MEDITERRANEE VOYAGES ?

The revenue of ALPES MEDITERRANEE VOYAGES in 2017 is 191 k€.

Is ALPES MEDITERRANEE VOYAGES profitable?

Yes, ALPES MEDITERRANEE VOYAGES generated a net profit of 17 k€ in 2017.

Where is the headquarters of ALPES MEDITERRANEE VOYAGES ?

The headquarters of ALPES MEDITERRANEE VOYAGES is located in DIGNE-LES-BAINS (04000), in the department Alpes-de-Haute-Provence.

Where to find the tax return of ALPES MEDITERRANEE VOYAGES ?

The tax return of ALPES MEDITERRANEE VOYAGES is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does ALPES MEDITERRANEE VOYAGES operate?

ALPES MEDITERRANEE VOYAGES operates in the sector Activités des agences de voyage (NAF code 79.11Z). See the 'Sector positioning' section above to compare the company with its competitors.