A.L. LIBERTY CYCLE : revenue, balance sheet and financial ratios

A.L. LIBERTY CYCLE is a French company founded 11 years ago, specialized in the sector Location et location-bail d'articles de loisirs et de sport . Based in SARLAT-LA-CANEDA (24200), this company of category PME shows in 2022 a revenue of 211 k€. 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 - A.L. LIBERTY CYCLE (SIREN 809946452)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 211 179 € 165 969 € 144 009 € 156 149 € 143 268 € 129 549 € 106 680 €
Net income 24 249 € 21 166 € 17 446 € 13 691 € 13 646 € 9 505 € 9 920 €
EBITDA 38 628 € 30 831 € 18 603 € 30 614 € 22 554 € 12 955 € 11 340 €
Net margin 11.5% 12.8% 12.1% 8.8% 9.5% 7.3% 9.3%

Revenue and income statement

In 2022, A.L. LIBERTY CYCLE achieves revenue of 211 k€. Over the period 2016-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +12.1%. Vs 2021, growth of +27% (166 k€ -> 211 k€). After deducting consumption (12 k€), gross margin stands at 199 k€, i.e. a rate of 94%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 39 k€, representing 18.3% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 24 k€, i.e. 11.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

211 179 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

199 380 €

EBITDA (2022) ?
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

38 628 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

28 813 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

24 249 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

18.3%

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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 44%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 23%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 26.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

43.638%

Financial autonomy (2022) ?
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

22.913%

Cash flow / Revenue (2022) ?
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

26.306%

Repayment capacity (2022) ?
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

0.614

Asset age ratio (2022) ?
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

60.5%

Solvency indicators evolution
A.L. LIBERTY CYCLE

Sector positioning

Debt ratio
43.64 2022
2020
2021
2022
Q1: 0.0
Med: 27.89
Q3: 146.3
Average

In 2022, the debt ratio of A.L. LIBERTY CYCLE (43.64) 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
22.91% 2022
2020
2021
2022
Q1: 3.19%
Med: 30.22%
Q3: 64.1%
Average

In 2022, the financial autonomy of A.L. LIBERTY CYCLE (22.9%) 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
0.61 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.09 years
Q3: 2.22 years
Average

In 2022, the repayment capacity of A.L. LIBERTY CYCLE (0.61) 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 234.19. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2022) ?
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

234.195

Interest coverage (2022) ?
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

0.119

Liquidity indicators evolution
A.L. LIBERTY CYCLE

Sector positioning

Liquidity ratio
234.19 2022
2020
2021
2022
Q1: 86.2
Med: 198.27
Q3: 496.35
Good

In 2022, the liquidity ratio of A.L. LIBERTY CYCLE (234.19) 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.

Interest coverage
0.12x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.0x
Q3: 2.9x
Good -9 pts over 3 years

In 2022, the interest coverage of A.L. LIBERTY CYCLE (0.1x) 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) and payment terms

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: 5 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 156 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 61 days of revenue, i.e. 36 k€ to permanently finance. Over 2016-2022, WCR increased by +128%, requiring additional financing.

Operating WCR (2022) ?
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

35 683 €

Customer credit (2022) ?
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

3 j

Supplier credit (2022) ?
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

5 j

Inventory turnover (2022) ?
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

156 j

WCR in days of revenue (2022) ?
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

61 j

WCR and payment terms evolution
A.L. LIBERTY CYCLE

Positioning of A.L. LIBERTY CYCLE in its sector

Comparison with sector Location et location-bail d'articles de loisirs et de sport

Valuation estimate

Based on 87 transactions of similar company sales (all years), the value of A.L. LIBERTY CYCLE is estimated at 92 417 € (range 31 105€ - 222 535€). With an EBITDA of 38 628€, the sector multiple of 2.3x is applied. The price/revenue ratio is 0.57x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2022
87 tx
31k€ 92k€ 222k€
92 417 € Range: 31 105€ - 222 535€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
38 628 € × 2.3x
Estimation 88 593 €
11 867€ - 202 853€
Revenue Multiple 30%
211 179 € × 0.57x
Estimation 120 783 €
62 319€ - 291 683€
Net Income Multiple 20%
24 249 € × 2.5x
Estimation 59 430 €
32 382€ - 168 022€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 87 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 (Location et location-bail d'articles de loisirs et de sport )

Compare A.L. LIBERTY CYCLE with other companies in the same sector:

Voir toutes les statistiques du secteur Location et location-bail d'articles de loisirs et de sport

Frequently asked questions about A.L. LIBERTY CYCLE

What is the revenue of A.L. LIBERTY CYCLE ?

The revenue of A.L. LIBERTY CYCLE in 2022 is 211 k€.

Is A.L. LIBERTY CYCLE profitable?

Yes, A.L. LIBERTY CYCLE generated a net profit of 24 k€ in 2022.

Where is the headquarters of A.L. LIBERTY CYCLE ?

The headquarters of A.L. LIBERTY CYCLE is located in SARLAT-LA-CANEDA (24200), in the department Dordogne.

Where to find the tax return of A.L. LIBERTY CYCLE ?

The tax return of A.L. LIBERTY CYCLE 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 A.L. LIBERTY CYCLE operate?

A.L. LIBERTY CYCLE operates in the sector Location et location-bail d'articles de loisirs et de sport (NAF code 77.21Z). See the 'Sector positioning' section above to compare the company with its competitors.