SIREN : 843953910
CARMAN is a French company founded 7 years ago, specialized in the sector Gestion de fonds. Based in BAYEUX (14400), this company of category PME shows in 2022 a revenue of 279 k€. 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
| Indicator | 2022 | 2021 |
|---|---|---|
| Revenue | 279 000 € | 81 000 € |
| Net income | 68 456 € | 30 904 € |
| EBITDA | 6 328 € | -35 666 € |
| Net margin | 24.5% | 38.2% |
In 2022, CARMAN achieves revenue of 279 k€. Vs 2021, growth of +244% (81 k€ -> 279 k€). After deducting consumption (0 €), gross margin stands at 279 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 6 k€, representing 2.3% of revenue. Positive scissor effect: EBITDA margin improves by +46.3 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 68 k€, i.e. 24.5% of revenue. This profit can be retained or distributed to shareholders.
279 000 €
279 000 €
6 328 €
3 720 €
68 456 €
2.3%
The debt ratio (= Financial debt / Equity x 100) stands at 231%. 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 56%. 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 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 26.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
231.444%
55.812%
26.762%
0.944
91.7%
In 2022, the debt ratio of CARMAN (231.44) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2022, the financial autonomy of CARMAN (55.8%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2022, the repayment capacity of CARMAN (0.94) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 73.89. 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 27.7x. Operating income very largely covers interest expenses: high safety margin.
73.894
27.671
In 2022, the liquidity ratio of CARMAN (73.89) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2022, the interest coverage of CARMAN (27.7x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 465 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 181 days. The gap of 284 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-254 days): operations structurally generate cash.
-196 625 €
465 j
181 j
0 j
-254 j
Based on 109 transactions of similar company sales in 2022, the value of CARMAN is estimated at 139 464 € (range 70 498€ - 300 765€). With an EBITDA of 6 328€, the sector multiple of 4.2x is applied. The price/revenue ratio is 0.56x (in line with sector norms). 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.
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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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare CARMAN with other companies in the same sector:
The revenue of CARMAN in 2022 is 279 k€.
Yes, CARMAN generated a net profit of 68 k€ in 2022.
The headquarters of CARMAN is located in BAYEUX (14400), in the department Calvados.
The tax return of CARMAN 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).
CARMAN operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.