SIREN : 628500860
22NOVEMBRE is a French company founded 64 years ago, specialized in the sector Commerce de détail d'autres équipements du foyer. Based in STRASBOURG (67000), this company of category PME shows in 2019 a revenue of 948 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-11
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2019 | 2018 | 2017 |
|---|---|---|---|
| Revenue | 948 176 € | 991 638 € | N/C |
| Net income | 7 974 € | 22 463 € | 38 129 € |
| EBITDA | 10 652 € | 40 230 € | N/C |
| Net margin | 0.8% | 2.3% | N/C |
In 2019, 22NOVEMBRE achieves revenue of 948 k€. Activity remains stable over the period (CAGR: -4.4%). Slight decline of -4% vs 2018. After deducting consumption (543 k€), gross margin stands at 406 k€, i.e. a rate of 43%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 11 k€, representing 1.1% of revenue. Warning negative scissor effect: despite revenue change (-4%), EBITDA varies by -74%, reducing margin by 2.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 8 k€, i.e. 0.8% of revenue. This profit can be retained or distributed to shareholders.
948 176 €
405 598 €
10 652 €
10 892 €
7 974 €
1.1%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 72%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 0.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
0.0%
72.29%
0.267%
0.0
9.4%
In 2019, the debt ratio of 22NOVEMBRE (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2019, the financial autonomy of 22NOVEMBRE (72.3%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2019, the repayment capacity of 22NOVEMBRE (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 180.78. 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 9.9x. Operating income very largely covers interest expenses: high safety margin.
180.784
9.876
In 2019, the liquidity ratio of 22NOVEMBRE (180.78) 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.
In 2019, the interest coverage of 22NOVEMBRE (9.9x) 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.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 3 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 40 days. Excellent situation: suppliers finance 37 days of the operating cycle (retail model). Inventory turnover is 81 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 57 days of revenue, i.e. 150 k€ to permanently finance.
149 689 €
3 j
40 j
81 j
57 j
Based on 93 transactions of similar company sales
in 2019,
the value of 22NOVEMBRE is estimated at
84 011 €
(range 47 506€ - 145 408€).
With an EBITDA of 10 652€, the sector multiple of 3.4x is applied.
The price/revenue ratio is 0.20x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 93 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 22NOVEMBRE with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de détail d'autres équipements du foyer
The revenue of 22NOVEMBRE in 2019 is 948 k€.
Yes, 22NOVEMBRE generated a net profit of 8 k€ in 2019.
The headquarters of 22NOVEMBRE is located in STRASBOURG (67000), in the department Bas-Rhin.
The tax return of 22NOVEMBRE 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).
22NOVEMBRE operates in the sector Commerce de détail d'autres équipements du foyer (NAF code 47.59B). See the 'Sector positioning' section above to compare the company with its competitors.