SIREN : 818459695
AFRICAN FOODS is a French company founded 10 years ago, specialized in the sector Commerce d'alimentation générale. Based in BORDEAUX (33000), this company of category PME shows in 2023 a revenue of 4.1 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 4 142 778 € | 2 855 561 € | 2 493 229 € | N/C | N/C | 1 140 907 € |
| Net income | 146 448 € | 28 275 € | 129 567 € | 106 831 € | 73 551 € | 74 894 € |
| EBITDA | 220 234 € | 50 445 € | 172 095 € | N/C | N/C | 107 061 € |
| Net margin | 3.5% | 1.0% | 5.2% | N/C | N/C | 6.6% |
In 2023, AFRICAN FOODS achieves revenue of 4.1 M€. Over the period 2018-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +29.4%. Vs 2022, growth of +45% (2.9 M€ -> 4.1 M€). After deducting consumption (3.4 M€), gross margin stands at 699 k€, i.e. a rate of 17%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 220 k€, representing 5.3% of revenue. Positive scissor effect: EBITDA margin improves by +3.5 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 146 k€, i.e. 3.5% of revenue. This profit can be retained or distributed to shareholders.
4 142 778 €
699 334 €
220 234 €
210 362 €
146 448 €
5.3%
The debt ratio (= Financial debt / Equity x 100) stands at 132%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 32%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 4.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
132.055%
32.145%
4.109%
5.06
90.9%
In 2023, the debt ratio of AFRICAN FOODS (132.06) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of AFRICAN FOODS (32.1%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2023, the repayment capacity of AFRICAN FOODS (5.06) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 205.27. 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 7.2x. Operating income very largely covers interest expenses: high safety margin.
205.271
7.206
In 2023, the liquidity ratio of AFRICAN FOODS (205.27) 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.
In 2023, the interest coverage of AFRICAN FOODS (7.2x) 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: 37 days. Excellent situation: suppliers finance 34 days of the operating cycle (retail model). Inventory turnover is 20 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 40 days of revenue, i.e. 459 k€ to permanently finance. Over 2018-2023, WCR increased by +334%, requiring additional financing.
459 227 €
3 j
37 j
20 j
40 j
Based on 357 transactions of similar company sales in 2023, the value of AFRICAN FOODS is estimated at 1 253 980 € (range 715 451€ - 2 346 333€). With an EBITDA of 220 234€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.33x (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.
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This estimate is based on the analysis of 357 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 AFRICAN FOODS with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce d'alimentation générale
The revenue of AFRICAN FOODS in 2023 is 4.1 M€.
Yes, AFRICAN FOODS generated a net profit of 146 k€ in 2023.
The headquarters of AFRICAN FOODS is located in BORDEAUX (33000), in the department Gironde.
The tax return of AFRICAN FOODS 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).
AFRICAN FOODS operates in the sector Commerce d'alimentation générale (NAF code 47.11B). See the 'Sector positioning' section above to compare the company with its competitors.