ARMORIQUE DIFFUSION : revenue, balance sheet and financial ratios

ARMORIQUE DIFFUSION is a French company founded 46 years ago, specialized in the sector Commerce de détail d'articles de sport en magasin spécialisé. Based in PLUNERET (56400), this company of category PME shows in 2021 a revenue of 2.9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ARMORIQUE DIFFUSION (SIREN 319011383)
Indicator 2023 2021 2020 2019 2018 2017 2016
Revenue N/C 2 868 374 € 2 741 386 € 4 614 739 € 3 393 299 € 2 603 120 € 1 894 754 €
Net income -70 103 € 54 644 € -119 997 € 26 885 € 22 316 € 46 288 € 11 941 €
EBITDA N/C 96 513 € -94 225 € 60 396 € 35 042 € 30 919 € 975 €
Net margin N/C 1.9% -4.4% 0.6% 0.7% 1.8% 0.6%

Revenue and income statement

In 2023, ARMORIQUE DIFFUSION records a net loss of 70 k€. This deficit will reduce equity on the balance sheet.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-70 103 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 278%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 21%. The balance between equity and debt is satisfactory.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

278.404%

Financial autonomy (2023) ?
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

20.686%

Asset age ratio (2023) ?
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

37.2%

Solvency indicators evolution
ARMORIQUE DIFFUSION

Sector positioning

Debt ratio
278.4 2023
2020
2021
2023
Q1: 9.97
Med: 41.27
Q3: 119.84
Average +21 pts over 3 years

In 2023, the debt ratio of ARMORIQUE DIFFUSION (278.40) 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
20.69% 2023
2020
2021
2023
Q1: 16.35%
Med: 38.52%
Q3: 59.21%
Average -26 pts over 3 years

In 2023, the financial autonomy of ARMORIQUE DIFFUSION (20.7%) 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
4.92 years 2021
2020
2021
Q1: 0.0 years
Med: 1.41 years
Q3: 4.13 years
Average +50 pts over 2 years

In 2021, the repayment capacity of ARMORIQUE DIFFUSION (4.92) 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 129.86. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

129.862

Liquidity indicators evolution
ARMORIQUE DIFFUSION

Sector positioning

Liquidity ratio
129.86 2023
2020
2021
2023
Q1: 164.92
Med: 254.92
Q3: 405.65
Watch -39 pts over 3 years

In 2023, the liquidity ratio of ARMORIQUE DIFFUSION (129.86) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
3.0x 2021
2020
2021
Q1: 0.0x
Med: 1.03x
Q3: 3.56x
Good +44 pts over 2 years

In 2021, the interest coverage of ARMORIQUE DIFFUSION (3.0x) 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.

Operating WCR (2023) ?
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

0 €

Customer credit (2023) ?
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

0 j

Supplier credit (2023) ?
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

0 j

Inventory turnover (2023) ?
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

0 j

WCR and payment terms evolution
ARMORIQUE DIFFUSION

Positioning of ARMORIQUE DIFFUSION in its sector

Comparison with sector Commerce de détail d'articles de sport en magasin spécialisé

Similar companies (Commerce de détail d'articles de sport en magasin spécialisé)

Compare ARMORIQUE DIFFUSION with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail d'articles de sport en magasin spécialisé

Frequently asked questions about ARMORIQUE DIFFUSION

What is the revenue of ARMORIQUE DIFFUSION ?

The revenue of ARMORIQUE DIFFUSION in 2021 is 2.9 M€.

Is ARMORIQUE DIFFUSION profitable?

ARMORIQUE DIFFUSION recorded a net loss in 2023.

Where is the headquarters of ARMORIQUE DIFFUSION ?

The headquarters of ARMORIQUE DIFFUSION is located in PLUNERET (56400), in the department Morbihan.

Where to find the tax return of ARMORIQUE DIFFUSION ?

The tax return of ARMORIQUE DIFFUSION 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 ARMORIQUE DIFFUSION operate?

ARMORIQUE DIFFUSION operates in the sector Commerce de détail d'articles de sport en magasin spécialisé (NAF code 47.64Z). See the 'Sector positioning' section above to compare the company with its competitors.