CARLU DISTRIBUTION : revenue, balance sheet and financial ratios

CARLU DISTRIBUTION is a French company founded 18 years ago, specialized in the sector Supermarchés. Based in LANESPEDE (65190), this company of category PME shows in 2020 a revenue of 6.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - CARLU DISTRIBUTION (SIREN 500311931)
Indicator 2020 2019 2018 2017
Revenue 6 082 322 € 7 813 338 € 7 263 144 € 6 914 024 €
Net income 738 615 € 162 568 € 115 534 € 98 031 €
EBITDA 268 188 € 303 375 € 249 670 € 238 542 €
Net margin 12.1% 2.1% 1.6% 1.4%

Revenue and income statement

In 2020, CARLU DISTRIBUTION achieves revenue of 6.1 M€. Activity remains stable over the period (CAGR: -4.2%). Significant drop of -22% vs 2019. After deducting consumption (5.1 M€), gross margin stands at 1.0 M€, i.e. a rate of 17%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 268 k€, representing 4.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 739 k€, i.e. 12.1% 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

6 082 322 €

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

1 028 239 €

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

268 188 €

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

235 762 €

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

738 615 €

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

4.4%

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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 1%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 93%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

0.973%

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

93.163%

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

-0.716%

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

-0.419

Solvency indicators evolution
CARLU DISTRIBUTION

Sector positioning

Debt ratio
0.97 2020
2018
2019
2020
Q1: 0.09
Med: 29.44
Q3: 103.27
Good -22 pts over 3 years

In 2020, the debt ratio of CARLU DISTRIBUTION (0.97) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
93.16% 2020
2018
2019
2020
Q1: 9.38%
Med: 28.65%
Q3: 45.16%
Excellent

In 2020, the financial autonomy of CARLU DISTRIBUTION (93.2%) 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
-0.42 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.87 years
Q3: 2.79 years
Excellent -33 pts over 3 years

In 2020, the repayment capacity of CARLU DISTRIBUTION (-0.42) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 1660.35. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

1660.352

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

0.0

Liquidity indicators evolution
CARLU DISTRIBUTION

Sector positioning

Liquidity ratio
1660.35 2020
2018
2019
2020
Q1: 101.73
Med: 135.26
Q3: 187.74
Excellent

In 2020, the liquidity ratio of CARLU DISTRIBUTION (1660.35) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.0x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.88x
Q3: 3.16x
Average -30 pts over 3 years

In 2020, the interest coverage of CARLU DISTRIBUTION (0.0x) 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. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 6 days. Favorable situation: supplier credit is longer than customer credit by 6 days. Overall, WCR represents 65 days of revenue, i.e. 1.1 M€ to permanently finance. Over 2017-2020, WCR increased by +1133%, requiring additional financing.

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

1 105 523 €

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

6 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

65 j

WCR and payment terms evolution
CARLU DISTRIBUTION

Positioning of CARLU DISTRIBUTION in its sector

Comparison with sector Supermarchés

Valuation estimate

Based on 312 transactions of similar company sales in 2020, the value of CARLU DISTRIBUTION is estimated at 1 701 984 € (range 750 354€ - 3 631 460€). With an EBITDA of 268 188€, the sector multiple of 3.5x is applied. The price/revenue ratio is 0.25x (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 value 2020
312 transactions
750k€ 1701k€ 3631k€
1 701 984 € Range: 750 354€ - 3 631 460€
NAF 5 année 2020

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
268 188 € × 3.5x
Estimation 935 757 €
221 706€ - 1 924 941€
Revenue Multiple 30%
6 082 322 € × 0.25x
Estimation 1 525 687 €
1 051 966€ - 2 381 119€
Net Income Multiple 20%
738 615 € × 5.3x
Estimation 3 881 999 €
1 619 561€ - 9 773 270€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 312 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 (Supermarchés)

Compare CARLU DISTRIBUTION with other companies in the same sector:

Voir toutes les statistiques du secteur Supermarchés

Frequently asked questions about CARLU DISTRIBUTION

What is the revenue of CARLU DISTRIBUTION ?

The revenue of CARLU DISTRIBUTION in 2020 is 6.1 M€.

Is CARLU DISTRIBUTION profitable?

Yes, CARLU DISTRIBUTION generated a net profit of 739 k€ in 2020.

Where is the headquarters of CARLU DISTRIBUTION ?

The headquarters of CARLU DISTRIBUTION is located in LANESPEDE (65190), in the department Hautes-Pyrenees.

Where to find the tax return of CARLU DISTRIBUTION ?

The tax return of CARLU DISTRIBUTION 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 CARLU DISTRIBUTION operate?

CARLU DISTRIBUTION operates in the sector Supermarchés (NAF code 47.11D). See the 'Sector positioning' section above to compare the company with its competitors.