ABATTOIR CONDITIONNEMENT LAPINS VENDEE : revenue, balance sheet and financial ratios

ABATTOIR CONDITIONNEMENT LAPINS VENDEE is a French company founded 34 years ago, specialized in the sector Transformation et conservation de la viande de boucherie. Based in POUZAUGES (85700), this company of category ETI shows in 2016 a revenue of 19.7 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

Financial history - ABATTOIR CONDITIONNEMENT LAPINS VENDEE (SIREN 383320520)
Indicator 2016 2015 2014
Revenue 19 739 403 € 20 081 377 € 21 501 193 €
Net income 642 281 € 633 528 € 875 174 €
EBITDA 1 392 010 € 1 504 899 € 1 849 331 €
Net margin 3.3% 3.2% 4.1%

Revenue and income statement

In 2016, ABATTOIR CONDITIONNEMENT LAPINS VENDEE achieves revenue of 19.7 M€. Activity remains stable over the period (CAGR: -4.2%). Slight decline of -2% vs 2015. After deducting consumption (12.6 M€), gross margin stands at 7.1 M€, i.e. a rate of 36%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.4 M€, representing 7.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 642 k€, i.e. 3.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2016) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

19 739 403 €

Gross margin (2016) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

7 132 980 €

EBITDA (2016) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

1 392 010 €

EBIT (2016) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

967 814 €

Net income (2016) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

642 281 €

EBITDA margin (2016) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

7.1%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 15%. 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 67%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. 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.

Debt ratio (2016) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

14.576%

Financial autonomy (2016) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

67.016%

Cash flow / Revenue (2016) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

5.128%

Repayment capacity (2016) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.9

Asset age ratio (2016) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

29.4%

Solvency indicators evolution
ABATTOIR CONDITIONNEMENT LAPINS VENDEE

Sector positioning

Debt ratio
14.58 2016
2014
2015
2016
Q1: 1.22
Med: 27.35
Q3: 91.68
Good -12 pts over 3 years

In 2016, the debt ratio of ABATTOIR CONDITIONNEMENT ... (14.58) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
67.02% 2016
2014
2015
2016
Q1: 17.44%
Med: 36.03%
Q3: 54.87%
Excellent

In 2016, the financial autonomy of ABATTOIR CONDITIONNEMENT ... (67.0%) 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.

Repayment capacity
0.9 years 2016
2014
2015
2016
Q1: 0.0 years
Med: 0.47 years
Q3: 2.48 years
Average -20 pts over 3 years

In 2016, the repayment capacity of ABATTOIR CONDITIONNEMENT ... (0.90) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 330.99. 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 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2016) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

330.989

Interest coverage (2016) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.776

Liquidity indicators evolution
ABATTOIR CONDITIONNEMENT LAPINS VENDEE

Sector positioning

Liquidity ratio
330.99 2016
2014
2015
2016
Q1: 98.63
Med: 140.45
Q3: 219.09
Excellent

In 2016, the liquidity ratio of ABATTOIR CONDITIONNEMENT ... (330.99) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.78x 2016
2014
2015
2016
Q1: 0.0x
Med: 0.87x
Q3: 7.78x
Average +7 pts over 3 years

In 2016, the interest coverage of ABATTOIR CONDITIONNEMENT ... (0.8x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 27 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 29 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 12 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 45 days of revenue, i.e. 2.5 M€ to permanently finance. Over 2014-2016, WCR increased by +47%, requiring additional financing.

Operating WCR (2016) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

2 464 070 €

Customer credit (2016) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

27 j

Supplier credit (2016) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

29 j

Inventory turnover (2016) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

12 j

WCR in days of revenue (2016) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

45 j

WCR and payment terms evolution
ABATTOIR CONDITIONNEMENT LAPINS VENDEE

Positioning of ABATTOIR CONDITIONNEMENT LAPINS VENDEE in its sector

Comparison with sector Transformation et conservation de la viande de boucherie

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (45 transactions). This range of 948 800€ to 6 188 804€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2016
Indicative
948k€ 2813k€ 6188k€
2 813 034 € Range: 948 800€ - 6 188 804€
NAF 5 all-time

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 45 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 (Transformation et conservation de la viande de boucherie)

Compare ABATTOIR CONDITIONNEMENT LAPINS VENDEE with other companies in the same sector:

Voir toutes les statistiques du secteur Transformation et conservation de la viande de boucherie

Frequently asked questions about ABATTOIR CONDITIONNEMENT LAPINS VENDEE

What is the revenue of ABATTOIR CONDITIONNEMENT LAPINS VENDEE ?

The revenue of ABATTOIR CONDITIONNEMENT LAPINS VENDEE in 2016 is 19.7 M€.

Is ABATTOIR CONDITIONNEMENT LAPINS VENDEE profitable?

Yes, ABATTOIR CONDITIONNEMENT LAPINS VENDEE generated a net profit of 642 k€ in 2016.

Where is the headquarters of ABATTOIR CONDITIONNEMENT LAPINS VENDEE ?

The headquarters of ABATTOIR CONDITIONNEMENT LAPINS VENDEE is located in POUZAUGES (85700), in the department Vendee.

Where to find the tax return of ABATTOIR CONDITIONNEMENT LAPINS VENDEE ?

The tax return of ABATTOIR CONDITIONNEMENT LAPINS VENDEE 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 ABATTOIR CONDITIONNEMENT LAPINS VENDEE operate?

ABATTOIR CONDITIONNEMENT LAPINS VENDEE operates in the sector Transformation et conservation de la viande de boucherie (NAF code 10.11Z). See the 'Sector positioning' section above to compare the company with its competitors.