ALPES PROVENCE RESERVATION : revenue, balance sheet and financial ratios

ALPES PROVENCE RESERVATION is a French company founded 31 years ago, specialized in the sector Activités des agences de voyage. Based in DIGNE-LES-BAINS (04000), this company of category PME shows in 2024 a revenue of 442 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 - ALPES PROVENCE RESERVATION (SIREN 399801927)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 442 473 € 374 098 € 382 468 € 423 115 € 325 272 € 351 386 € 399 646 € 391 474 € N/C
Net income 37 017 € 28 018 € 37 167 € 64 464 € 27 217 € 27 075 € 52 408 € 53 214 € 37 045 €
EBITDA 13 082 € 12 781 € 38 211 € 33 200 € 34 846 € 31 405 € 63 401 € -31 188 € -329 466 €
Net margin 8.4% 7.5% 9.7% 15.2% 8.4% 7.7% 13.1% 13.6% N/C

Revenue and income statement

In 2024, ALPES PROVENCE RESERVATION achieves revenue of 442 k€. Revenue is growing positively over 9 years (CAGR: +1.8%). Vs 2023, growth of +18% (374 k€ -> 442 k€). After deducting consumption (42 €), gross margin stands at 442 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 13 k€, representing 3.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 37 k€, i.e. 8.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

442 473 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

442 431 €

EBITDA (2024) ?
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

13 082 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

19 987 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

37 017 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.0%

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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 30%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 51%. 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 3.9 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 9.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

30.381%

Financial autonomy (2024) ?
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

50.546%

Cash flow / Revenue (2024) ?
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

8.991%

Repayment capacity (2024) ?
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

3.91

Asset age ratio (2024) ?
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

72.3%

Solvency indicators evolution
ALPES PROVENCE RESERVATION

Sector positioning

Debt ratio
30.38 2024
2022
2023
2024
Q1: 0.17
Med: 12.86
Q3: 44.56
Average +6 pts over 3 years

In 2024, the debt ratio of ALPES PROVENCE RESERVATION (30.38) 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
50.55% 2024
2022
2023
2024
Q1: 8.13%
Med: 24.62%
Q3: 43.31%
Excellent

In 2024, the financial autonomy of ALPES PROVENCE RESERVATION (50.5%) 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
3.91 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.13 years
Q3: 1.21 years
Watch

In 2024, the repayment capacity of ALPES PROVENCE RESERVATION (3.91) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 221.09. 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 10.9x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

221.092

Interest coverage (2024) ?
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

10.862

Liquidity indicators evolution
ALPES PROVENCE RESERVATION

Sector positioning

Liquidity ratio
221.09 2024
2022
2023
2024
Q1: 116.21
Med: 153.0
Q3: 274.48
Good +7 pts over 3 years

In 2024, the liquidity ratio of ALPES PROVENCE RESERVATION (221.09) 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
10.86x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.28x
Excellent

In 2024, the interest coverage of ALPES PROVENCE RESERVATION (10.9x) 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) 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: 18 days. Favorable situation: supplier credit is longer than customer credit by 15 days. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-232 days): operations structurally generate cash.

Operating WCR (2024) ?
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

-285 302 €

Customer credit (2024) ?
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 (2024) ?
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

18 j

Inventory turnover (2024) ?
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

1 j

WCR in days of revenue (2024) ?
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

-232 j

WCR and payment terms evolution
ALPES PROVENCE RESERVATION

Positioning of ALPES PROVENCE RESERVATION in its sector

Comparison with sector Activités des agences de voyage

Valuation estimate

Based on 80 transactions of similar company sales (all years), the value of ALPES PROVENCE RESERVATION is estimated at 71 615 € (range 42 045€ - 156 438€). With an EBITDA of 13 082€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.38x (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.

Estimated enterprise value 2024
80 tx
42k€ 71k€ 156k€
71 615 € Range: 42 045€ - 156 438€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
13 082 € × 1.6x
Estimation 21 226 €
8 348€ - 60 068€
Revenue Multiple 30%
442 473 € × 0.38x
Estimation 168 588 €
107 136€ - 249 278€
Net Income Multiple 20%
37 017 € × 1.4x
Estimation 52 132 €
28 654€ - 258 105€
How is this estimate calculated?

This estimate is based on the analysis of 80 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 (Activités des agences de voyage)

Compare ALPES PROVENCE RESERVATION with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agences de voyage

Frequently asked questions about ALPES PROVENCE RESERVATION

What is the revenue of ALPES PROVENCE RESERVATION ?

The revenue of ALPES PROVENCE RESERVATION in 2024 is 442 k€.

Is ALPES PROVENCE RESERVATION profitable?

Yes, ALPES PROVENCE RESERVATION generated a net profit of 37 k€ in 2024.

Where is the headquarters of ALPES PROVENCE RESERVATION ?

The headquarters of ALPES PROVENCE RESERVATION is located in DIGNE-LES-BAINS (04000), in the department Alpes-de-Haute-Provence.

Where to find the tax return of ALPES PROVENCE RESERVATION ?

The tax return of ALPES PROVENCE RESERVATION 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 ALPES PROVENCE RESERVATION operate?

ALPES PROVENCE RESERVATION operates in the sector Activités des agences de voyage (NAF code 79.11Z). See the 'Sector positioning' section above to compare the company with its competitors.