SIREN : 899488803
216 DISTRICT is a French company founded 5 years ago, specialized in the sector Restauration de type rapide. Based in CANNES (06150), this company of category PME shows in 2023 a revenue of 317 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 |
|---|---|---|
| Revenue | 317 114 € | 357 166 € |
| Net income | 100 € | -864 € |
| EBITDA | 14 880 € | 7 166 € |
| Net margin | 0.0% | -0.2% |
In 2023, 216 DISTRICT achieves revenue of 317 k€. Significant drop of -11% vs 2022. After deducting consumption (215 k€), gross margin stands at 102 k€, i.e. a rate of 32%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 15 k€, representing 4.7% of revenue. Positive scissor effect: EBITDA margin improves by +2.7 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 100 €, i.e. 0.0% of revenue. This profit can be retained or distributed to shareholders.
317 114 €
101 801 €
14 880 €
283 €
100 €
4.7%
The debt ratio (= Financial debt / Equity x 100) stands at 2131%. 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 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 5.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
2130.508%
7.585%
5.097%
0.0
66.9%
In 2023, the debt ratio of 216 DISTRICT (2130.51) 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.
In 2023, the financial autonomy of 216 DISTRICT (7.6%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2023, the repayment capacity of 216 DISTRICT (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 21.02. 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 1.2x. Coverage is limited: any activity downturn would jeopardize interest payments.
21.015
1.176
In 2023, the liquidity ratio of 216 DISTRICT (21.02) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2023, the interest coverage of 216 DISTRICT (1.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 17 days. Favorable situation: supplier credit is longer than customer credit by 17 days. Inventory turnover is 7 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-66 days): operations structurally generate cash.
-57 743 €
0 j
17 j
7 j
-66 j
Based on 689 transactions of similar company sales in 2023, the value of 216 DISTRICT is estimated at 109 440 € (range 62 035€ - 186 590€). With an EBITDA of 14 880€, the sector multiple of 6.3x is applied. The price/revenue ratio is 0.66x (in line with sector norms). 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.
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This estimate is based on the analysis of 689 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare 216 DISTRICT with other companies in the same sector:
Voir toutes les statistiques du secteur Restauration de type rapide
The revenue of 216 DISTRICT in 2023 is 317 k€.
Yes, 216 DISTRICT generated a net profit of 100€ in 2023.
The headquarters of 216 DISTRICT is located in CANNES (06150), in the department Alpes-Maritimes.
The tax return of 216 DISTRICT 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).
216 DISTRICT operates in the sector Restauration de type rapide (NAF code 56.10C). See the 'Sector positioning' section above to compare the company with its competitors.