CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER : revenue, balance sheet and financial ratios

CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER is a French company founded 19 years ago, specialized in the sector Activités vétérinaires. Based in CAGNES-SUR-MER (06800), this company of category PME shows in 2020 a revenue of 119 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 - CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER (SIREN 494076060)
Indicator 2020 2019 2018 2017 2016
Revenue 119 060 € 130 248 € 131 554 € 124 625 € 137 467 €
Net income 44 937 € 39 260 € 42 835 € 28 979 € 36 947 €
EBITDA 46 034 € 39 888 € 74 308 € 33 700 € 71 306 €
Net margin 37.7% 30.1% 32.6% 23.3% 26.9%

Revenue and income statement

In 2020, CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER achieves revenue of 119 k€. Activity remains stable over the period (CAGR: -3.5%). Slight decline of -9% vs 2019. After deducting consumption (30 k€), gross margin stands at 89 k€, i.e. a rate of 75%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 46 k€, representing 38.7% of revenue. Positive scissor effect: EBITDA margin improves by +8.0 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 45 k€, i.e. 37.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

119 060 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

88 909 €

EBITDA (2020) ?
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

46 034 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

45 715 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

44 937 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

38.7%

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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 93%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 44%. 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 1.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 37.9% 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 (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

92.901%

Financial autonomy (2020) ?
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

44.3%

Cash flow / Revenue (2020) ?
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

37.941%

Repayment capacity (2020) ?
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

0.965

Asset age ratio (2020) ?
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

0.1%

Solvency indicators evolution
CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER

Sector positioning

Debt ratio
92.9 2020
2018
2019
2020
Q1: 14.55
Med: 45.48
Q3: 118.68
Average +7 pts over 3 years

In 2020, the debt ratio of CABINET VETERINAIRE DU DO... (92.90) 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
44.3% 2020
2018
2019
2020
Q1: 31.39%
Med: 49.36%
Q3: 65.61%
Average

In 2020, the financial autonomy of CABINET VETERINAIRE DU DO... (44.3%) 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
0.96 years 2020
2018
2019
2020
Q1: 0.13 years
Med: 1.39 years
Q3: 3.93 years
Good +6 pts over 3 years

In 2020, the repayment capacity of CABINET VETERINAIRE DU DO... (0.96) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 159.81. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2020) ?
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

159.809

Interest coverage (2020) ?
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

0.163

Liquidity indicators evolution
CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER

Sector positioning

Liquidity ratio
159.81 2020
2018
2019
2020
Q1: 170.43
Med: 234.85
Q3: 337.48
Watch +13 pts over 3 years

In 2020, the liquidity ratio of CABINET VETERINAIRE DU DO... (159.81) 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
0.16x 2020
2018
2019
2020
Q1: 0.0x
Med: 1.06x
Q3: 2.98x
Average

In 2020, the interest coverage of CABINET VETERINAIRE DU DO... (0.2x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Overall, WCR represents 1 days of revenue, i.e. 382 € to permanently finance. Notable WCR improvement over the period (-98%), freeing up cash.

Operating WCR (2020) ?
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

382 €

Customer credit (2020) ?
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 (2020) ?
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 (2020) ?
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 in days of revenue (2020) ?
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

1 j

WCR and payment terms evolution
CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER

Positioning of CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER in its sector

Comparison with sector Activités vétérinaires

Similar companies (Activités vétérinaires)

Compare CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER with other companies in the same sector:

Voir toutes les statistiques du secteur Activités vétérinaires

Frequently asked questions about CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER

What is the revenue of CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER ?

The revenue of CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER in 2020 is 119 k€.

Is CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER profitable?

Yes, CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER generated a net profit of 45 k€ in 2020.

Where is the headquarters of CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER ?

The headquarters of CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER is located in CAGNES-SUR-MER (06800), in the department Alpes-Maritimes.

Where to find the tax return of CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER ?

The tax return of CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER 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 CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER operate?

CABINET VETERINAIRE DU DOCTEUR PIERRE HALLIER operates in the sector Activités vétérinaires (NAF code 75.00Z). See the 'Sector positioning' section above to compare the company with its competitors.