N4BRANDS : revenue, balance sheet and financial ratios

N4BRANDS is a French company founded 26 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques . Based in VOIRON (38500), this company of category ETI shows in 2023 a revenue of 48.1 M€. 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 - N4BRANDS (SIREN 423810324)
Kennzahl 2023 2022 2021 2020 2019 2018 2017 2016
Umsatz 48 059 424 € 54 604 752 € 70 919 366 € 36 339 892 € 47 197 017 € 44 168 019 € 39 198 234 € 35 344 945 €
Nettoergebnis 642 444 € 1 002 522 € 6 352 779 € 1 040 709 € 508 676 € 1 658 254 € 851 124 € 4 428 279 €
EBITDA 3 057 910 € 2 330 276 € 11 445 988 € 1 930 134 € 1 224 751 € 1 156 565 € 1 800 549 € 1 736 426 €
Nettomarge 1.3% 1.8% 9.0% 2.9% 1.1% 3.8% 2.2% 12.5%

Umsatz und Gewinn- und Verlustrechnung

In 2023, N4BRANDS achieves revenue of 48.1 M€. Revenue is growing positively over 8 years (CAGR: +4.5%). Significant drop of -12% vs 2022. After deducting consumption (28.7 M€), gross margin stands at 19.4 M€, i.e. a rate of 40%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.1 M€, representing 6.4% of revenue. Positive scissor effect: EBITDA margin improves by +2.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 642 k€, i.e. 1.3% of revenue. This profit can be retained or distributed to shareholders.

Umsatz (2023) ?
Umsatz
Definition
Gesamtbetrag der Verkäufe von Waren und Dienstleistungen des Unternehmens.
Formel
Warenverkäufe + Verkaufte Produktion

48 059 424 €

Bruttomarge (2023) ?
Bruttomarge
Definition
Differenz zwischen Umsatz und Wareneinsatz.
Formel
Umsatz - Wareneinsatz

19 397 584 €

EBITDA (2023) ?
EBITDA (Betriebsergebnis vor Abschreibungen)
Definition
Ressource générée par l'activité courante, avant amortissements et charges financières.
Formel
Wertschöpfung - Personalkosten - Steuern
Interpretation
Positiv = rentable Tätigkeit

3 057 910 €

EBIT (2023) ?
EBIT (Betriebsergebnis)
Definition
Betriebsergebnis, einschließlich Abschreibungen und Rückstellungen.
Formel
EBITDA - Abschreibungen und Rückstellungen + Auflösungen

1 929 336 €

Nettoergebnis (2023) ?
Nettoergebnis
Definition
Bénéfice ou perte après toutes les charges, y compris impôts et éléments exceptionnels.
Formel
Ordentliches Ergebnis + Außerordentliches Ergebnis - Ertragsteuern

642 444 €

EBITDA-Marge (2023) ?
EBITDA-Marge
Definition
Misst die operative Rentabilität des Unternehmens.
Formel
(EBE / CA) x 100
Interpretation
> 10% : Gute Rentabilität
5-10% : Durchschnitt
< 5% : Faible

6.4%

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Solvenz- und Verschuldungskennzahlen

The debt ratio (= Financial debt / Equity x 100) stands at 102%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 27%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Verschuldungsgrad (2023) ?
Verschuldungsgrad
Definition
Misst das Verhältnis von Schulden zu Eigenkapital.
Formel
(Finanzschulden / Eigenkapital) x 100
Interpretation
< 50% : Faible
50-100% : Moderat
> 100% : Hoch

102.5%

Finanzielle Autonomie (2023) ?
Finanzielle Autonomie
Definition
Anteil des Eigenkapitals an der Gesamtfinanzierung.
Formel
(Eigenkapital / Bilanzsumme) x 100
Interpretation
> 30% : Gute Autonomie
20-30% : Durchschnitt
< 20% : Faible

26.687%

Cashflow / Umsatz (2023) ?
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

2.128%

Rückzahlungsfähigkeit (2023) ?
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

6.492

Anlagenaltersquote (2023) ?
Anlagenaltersquote
Definition
Misst den Abnutzungsgrad des Sachanlagevermögens.
Formel
Kumulierte Abschreibungen / Bruttoanlagevermögen x 100
Interpretation
< 50% : Neue Anlagen
50-70% : Normale Abnutzung
> 70% : Alternde Anlagen

39.4%

Entwicklung der Solvenzkennzahlen
N4BRANDS

Positionnement sectoriel

Debt ratio
102.5 2023
2021
2022
2023
Q1: 0.15
Méd: 18.97
Q3: 67.19
Average +7 pts über 3 Jahre

In 2023, the debt ratio of N4BRANDS (102.50) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
26.69% 2023
2021
2022
2023
Q1: 15.58%
Méd: 39.16%
Q3: 61.26%
Average -8 pts über 3 Jahre

In 2023, the financial autonomy of N4BRANDS (26.7%) 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
6.49 years 2023
2021
2022
2023
Q1: 0.0 years
Méd: 0.05 years
Q3: 2.2 years
Average +12 pts über 3 Jahre

In 2023, the repayment capacity of N4BRANDS (6.49) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquiditätskennzahlen

The liquidity ratio (= Current assets / Current liabilities) stands at 182.70. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 13.3x. Operating income very largely covers interest expenses: high safety margin.

Liquiditätsquote (2023) ?
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

182.704

Zinsdeckung (2023) ?
Zinsdeckung
Definition
Fähigkeit, Zinsaufwendungen mit dem Betriebsergebnis zu decken.
Formel
EBIT / Zinsaufwendungen
Interpretation
> 3 : Komfortabel
1.5-3 : Acceptable
< 1.5 : Risiko

13.269

Entwicklung der Liquiditätskennzahlen
N4BRANDS

Positionnement sectoriel

Liquidity ratio
182.7 2023
2021
2022
2023
Q1: 150.77
Méd: 236.31
Q3: 432.28
Average -6 pts über 3 Jahre

In 2023, the liquidity ratio of N4BRANDS (182.70) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
13.27x 2023
2021
2022
2023
Q1: 0.0x
Méd: 0.5x
Q3: 6.64x
Excellent +10 pts über 3 Jahre

In 2023, the interest coverage of N4BRANDS (13.3x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Umlaufvermögensbedarf und Zahlungsfristen

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 38 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 60 days. Favorable situation: supplier credit is longer than customer credit by 22 days. Inventory turnover is 60 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 94 days of revenue, i.e. 12.5 M€ to permanently finance. Over 2016-2023, WCR increased by +82%, requiring additional financing.

Operatives Working Capital (2023) ?
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

12 529 572 €

Kundenforderungen (2023) ?
Kundenforderungen (Tage)
Definition
Durchschnittliche Zahlungsfrist für Kunden.
Formel
(Kundenforderungen / Umsatz inkl. MwSt.) x 360
Interpretation
< 45j : Gut
45-60j : Durchschnitt
> 60j : Lang

38 j

Lieferantenverbindlichkeiten (2023) ?
Lieferantenverbindlichkeiten (Tage)
Definition
Durchschnittliche Zahlungsfrist von Lieferanten.
Formel
(Lieferantenverbindlichkeiten / Einkäufe inkl. MwSt.) x 360
Interpretation
Je länger die Frist, desto besser für die Liquidität

60 j

Lagerumschlag (2023) ?
Lagerumschlag (Tage)
Definition
Durchschnittliche Lagerdauer für Waren oder Materialien.
Formel
(Vorräte / Einkaufskosten) x 360
Interpretation
Je niedriger das Verhältnis, desto schneller der Umschlag

60 j

Working Capital in Umsatztagen (2023) ?
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

94 j

Entwicklung des Working Capital und der Zahlungsfristen
N4BRANDS

Positionnement de N4BRANDS dans son secteur

Vergleich mit der Branche Commerce de gros (commerce interentreprises) d'autres biens domestiques

Bewertungsschätzung

Based on 145 transactions of similar company sales (all years), the value of N4BRANDS is estimated at 7 170 140 € (range 3 088 035€ - 18 996 757€). With an EBITDA of 3 057 910€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.19x (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.

Estimated enterprise value 2023
145 transactions
3088k€ 7170k€ 18996k€
7 170 140 € Range: 3 088 035€ - 18 996 757€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
3 057 910 € × 2.6x
Estimation 7 969 864 €
2 899 388€ - 22 402 908€
Revenue Multiple 30%
48 059 424 € × 0.19x
Estimation 9 195 019 €
5 175 184€ - 23 441 106€
Net Income Multiple 20%
642 444 € × 3.3x
Estimation 2 133 515 €
428 933€ - 3 814 859€

Bewertungsentwicklung

How is this estimate calculated?

This estimate is based on the analysis of 145 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 (Commerce de gros (commerce interentreprises) d'autres biens domestiques )

Compare N4BRANDS with other companies in the same sector:

Frequently asked questions about N4BRANDS

What is the revenue of N4BRANDS ?

The revenue of N4BRANDS in 2023 is 48.1 M€.

Is N4BRANDS profitable?

Yes, N4BRANDS generated a net profit of 642 k€ in 2023.

Where is the headquarters of N4BRANDS ?

The headquarters of N4BRANDS is located in VOIRON (38500), in the department Isere.

Where to find the tax return of N4BRANDS ?

The tax return of N4BRANDS 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 N4BRANDS operate?

N4BRANDS operates in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques (NAF code 46.49Z). See the 'Sector positioning' section above to compare the company with its competitors.