CLINIQUE VETERNAIRE LES MARGATS : revenue, balance sheet and financial ratios

CLINIQUE VETERNAIRE LES MARGATS is a French company founded 21 years ago, specialized in the sector Activités vétérinaires. Based in BOULOGNE-SUR-MER (62200), this company of category PME shows in 2018 a revenue of 305 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 - CLINIQUE VETERNAIRE LES MARGATS (SIREN 480098334)
Indicator 2018 2017
Revenue 304 550 € 265 995 €
Net income 29 249 € 2 276 €
EBITDA 28 829 € 5 €
Net margin 9.6% 0.9%

Revenue and income statement

In 2018, CLINIQUE VETERNAIRE LES MARGATS achieves revenue of 305 k€. Vs 2017, growth of +14% (266 k€ -> 305 k€). After deducting consumption (78 k€), gross margin stands at 226 k€, i.e. a rate of 74%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 29 k€, representing 9.5% of revenue. Positive scissor effect: EBITDA margin improves by +9.5 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 29 k€, i.e. 9.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2018) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

304 550 €

Gross margin (2018) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

226 328 €

EBITDA (2018) ?
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

28 829 €

EBIT (2018) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

27 042 €

Net income (2018) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

29 249 €

EBITDA margin (2018) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

9.5%

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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 78%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2018) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

78.234%

Financial autonomy (2018) ?
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

35.557%

Cash flow / Revenue (2018) ?
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

9.907%

Repayment capacity (2018) ?
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

0.761

Asset age ratio (2018) ?
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

15.0%

Solvency indicators evolution
CLINIQUE VETERNAIRE LES MARGATS

Sector positioning

Debt ratio
78.23 2018
2017
2018
Q1: 12.82
Med: 41.34
Q3: 116.34
Average -33 pts over 2 years

In 2018, the debt ratio of CLINIQUE VETERNAIRE LES M... (78.23) 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
35.56% 2018
2017
2018
Q1: 30.02%
Med: 51.64%
Q3: 67.24%
Average +8 pts over 2 years

In 2018, the financial autonomy of CLINIQUE VETERNAIRE LES M... (35.6%) 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
0.76 years 2018
2017
2018
Q1: 0.22 years
Med: 1.47 years
Q3: 4.03 years
Good -39 pts over 2 years

In 2018, the repayment capacity of CLINIQUE VETERNAIRE LES M... (0.76) 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 128.43. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2018) ?
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

128.434

Interest coverage (2018) ?
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

0.288

Liquidity indicators evolution
CLINIQUE VETERNAIRE LES MARGATS

Sector positioning

Liquidity ratio
128.43 2018
2017
2018
Q1: 160.17
Med: 230.39
Q3: 325.49
Watch

In 2018, the liquidity ratio of CLINIQUE VETERNAIRE LES M... (128.43) 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
0.29x 2018
2017
2018
Q1: 0.0x
Med: 1.76x
Q3: 6.16x
Average -69 pts over 2 years

In 2018, the interest coverage of CLINIQUE VETERNAIRE LES M... (0.3x) 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: 8 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. Favorable situation: supplier credit is longer than customer credit by 27 days. Inventory turnover is 22 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 28 days of revenue, i.e. 23 k€ to permanently finance.

Operating WCR (2018) ?
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

23 386 €

Customer credit (2018) ?
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

8 j

Supplier credit (2018) ?
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

35 j

Inventory turnover (2018) ?
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

22 j

WCR in days of revenue (2018) ?
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

28 j

WCR and payment terms evolution
CLINIQUE VETERNAIRE LES MARGATS

Positioning of CLINIQUE VETERNAIRE LES MARGATS in its sector

Comparison with sector Activités vétérinaires

Similar companies (Activités vétérinaires)

Compare CLINIQUE VETERNAIRE LES MARGATS with other companies in the same sector:

Voir toutes les statistiques du secteur Activités vétérinaires

Frequently asked questions about CLINIQUE VETERNAIRE LES MARGATS

What is the revenue of CLINIQUE VETERNAIRE LES MARGATS ?

The revenue of CLINIQUE VETERNAIRE LES MARGATS in 2018 is 305 k€.

Is CLINIQUE VETERNAIRE LES MARGATS profitable?

Yes, CLINIQUE VETERNAIRE LES MARGATS generated a net profit of 29 k€ in 2018.

Where is the headquarters of CLINIQUE VETERNAIRE LES MARGATS ?

The headquarters of CLINIQUE VETERNAIRE LES MARGATS is located in BOULOGNE-SUR-MER (62200), in the department Pas-de-Calais.

Where to find the tax return of CLINIQUE VETERNAIRE LES MARGATS ?

The tax return of CLINIQUE VETERNAIRE LES MARGATS 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 CLINIQUE VETERNAIRE LES MARGATS operate?

CLINIQUE VETERNAIRE LES MARGATS operates in the sector Activités vétérinaires (NAF code 75.00Z). See the 'Sector positioning' section above to compare the company with its competitors.