ART'VUE : revenue, balance sheet and financial ratios
ART'VUE is a French company
founded 19 years ago,
specialized in the sector Commerces de détail d'optique.
Based in ARRAS (62000),
this company of category PME
shows in 2022 a revenue of 665 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2022, ART'VUE achieves revenue of 665 k€. Revenue is declining over the period 2016-2022 (CAGR: -5.1%). Slight decline of -7% vs 2021. After deducting consumption (259 k€), gross margin stands at 406 k€, i.e. a rate of 61%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 81 k€, representing 12.2% of revenue. Positive scissor effect: EBITDA margin improves by +6.5 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 36 k€, i.e. 5.4% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2022)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
664 728 €
Gross margin (2022)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
405 858 €
EBITDA (2022)
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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
80 765 €
EBIT (2022)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
47 890 €
Net income (2022)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
35 587 €
EBITDA margin (2022)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
12.0%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 234%. 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 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 12.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 7.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
Debt ratio (2022)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
233.828%
Financial autonomy (2022)
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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
24.406%
Cash flow / Revenue (2022)
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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
7.161%
Repayment capacity (2022)
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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
12.219
Asset age ratio (2022)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
Debt ratio
204.45
214.862
331.576
273.843
231.028
252.919
233.828
Financial autonomy
27.572
26.113
17.635
17.762
19.9
21.632
24.406
Repayment capacity
-35.859
-18.843
55.99
-351.912
14.029
37.599
12.219
Cash flow / Revenue
-2.213%
-4.669%
1.431%
-0.186%
5.196%
2.047%
7.161%
Sector positioning
Debt ratio
233.832022
2020
2021
2022
Q1: 10.37
Med: 34.19
Q3: 87.48
Average
In 2022, the debt ratio of ART'VUE (233.83) 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
24.41%2022
2020
2021
2022
Q1: 28.09%
Med: 50.24%
Q3: 67.44%
Watch
In 2022, the financial autonomy of ART'VUE (24.4%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
Repayment capacity
12.22 years2022
2020
2021
2022
Q1: 0.01 years
Med: 1.19 years
Q3: 3.48 years
Watch
In 2022, the repayment capacity of ART'VUE (12.22) 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 116.81. 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 1.3x. Coverage is limited: any activity downturn would jeopardize interest payments.
Liquidity ratio (2022)
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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
116.805
Interest coverage (2022)
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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
1.306
Liquidity indicators evolution ART'VUE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
Liquidity ratio
227.732
198.009
115.514
71.221
80.346
76.04
116.805
Interest coverage
49.732
19.554
15.069
20.367
3.076
5.921
1.306
Sector positioning
Liquidity ratio
116.812022
2020
2021
2022
Q1: 170.76
Med: 259.65
Q3: 390.95
Watch+12 pts over 3 years
In 2022, the liquidity ratio of ART'VUE (116.81) 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
1.31x2022
2020
2021
2022
Q1: 0.0x
Med: 1.09x
Q3: 3.87x
Good-19 pts over 3 years
In 2022, the interest coverage of ART'VUE (1.3x) 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: 14 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 59 days. Excellent situation: suppliers finance 45 days of the operating cycle (retail model). Inventory turnover is 60 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 35 days of revenue, i.e. 65 k€ to permanently finance. Notable WCR improvement over the period (-83%), freeing up cash.
Operating WCR (2022)
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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
64 911 €
Customer credit (2022)
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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
14 j
Supplier credit (2022)
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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
59 j
Inventory turnover (2022)
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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
60 j
WCR in days of revenue (2022)
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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
35 j
WCR and payment terms evolution ART'VUE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
Operating WCR
390 179 €
401 558 €
196 553 €
126 079 €
118 320 €
87 510 €
64 911 €
Inventory turnover (days)
49
59
47
49
56
53
60
Customer payment term (days)
27
33
27
15
18
17
14
Supplier payment term (days)
90
107
100
149
183
101
59
Positioning of ART'VUE in its sector
Comparison with sector Commerces de détail d'optique
Valuation estimate
Based on 109 transactions of similar company sales
in 2022,
the value of ART'VUE is estimated at
190 208 €
(range 117 552€ - 361 866€).
With an EBITDA of 80 765€, the sector multiple of 1.8x is applied.
The price/revenue ratio is 0.48x
(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.
Estimated enterprise value2022
109 transactions
117k€190k€361k€
190 208 €Range: 117 552€ - 361 866€
NAF 5 année 2022
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
80 765 €×1.8x
Estimation148 178 €
97 930€ - 316 558€
Revenue Multiple30%
664 728 €×0.48x
Estimation320 892 €
197 577€ - 518 783€
Net Income Multiple20%
35 587 €×2.8x
Estimation99 261 €
46 573€ - 239 763€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 109 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 (Commerces de détail d'optique)
Compare ART'VUE with other companies in the same sector:
Yes, ART'VUE generated a net profit of 36 k€ in 2022.
Where is the headquarters of ART'VUE ?
The headquarters of ART'VUE is located in ARRAS (62000), in the department Pas-de-Calais.
Where to find the tax return of ART'VUE ?
The tax return of ART'VUE 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 ART'VUE operate?
ART'VUE operates in the sector Commerces de détail d'optique (NAF code 47.78A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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