Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.

COMMERCIAL EXPANSION : revenue, balance sheet and financial ratios

COMMERCIAL EXPANSION is a French company founded 38 years ago, specialized in the sector Commerce de détail d'habillement en magasin spécialisé. Based in LE MANS (72000), this company of category PME shows in 2020 a net income positive of 87 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 - COMMERCIAL EXPANSION (SIREN 342618980)
Indicator 2020 2018 2017 2016
Revenue N/C N/C N/C N/C
Net income 87 413 € 99 016 € 109 998 € 139 210 €
EBITDA N/C N/C N/C N/C
Net margin N/C N/C N/C N/C

Revenue and income statement

In 2020, COMMERCIAL EXPANSION generates positive net income of 87 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2020: 139 k€ -> 87 k€.

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

87 413 €

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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 318%. 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 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

318.141%

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

16.527%

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

0.8%

Solvency indicators evolution
COMMERCIAL EXPANSION

Sector positioning

Debt ratio
318.14 2020
2017
2018
2020
Q1: 0.21
Med: 43.17
Q3: 160.44
Average

In 2020, the debt ratio of COMMERCIAL EXPANSION (318.14) 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
16.53% 2020
2017
2018
2020
Q1: 9.7%
Med: 33.92%
Q3: 58.45%
Average -7 pts over 3 years

In 2020, the financial autonomy of COMMERCIAL EXPANSION (16.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 351.83. 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

351.833

Liquidity indicators evolution
COMMERCIAL EXPANSION

Sector positioning

Liquidity ratio
351.83 2020
2017
2018
2020
Q1: 101.51
Med: 190.82
Q3: 348.32
Excellent +8 pts over 3 years

In 2020, the liquidity ratio of COMMERCIAL EXPANSION (351.83) 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.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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 and payment terms evolution
COMMERCIAL EXPANSION

Positioning of COMMERCIAL EXPANSION in its sector

Comparison with sector Commerce de détail d'habillement en magasin spécialisé

Valuation estimate

Based on 96 transactions of similar company sales in 2020, the value of COMMERCIAL EXPANSION is estimated at 135 568 € (range 67 950€ - 452 357€). 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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2020
96 tx
67k€ 135k€ 452k€
135 568 € Range: 67 950€ - 452 357€
NAF 5 année 2020

Valuation method used

Net Income Multiple
87 413 € × 1.6x = 135 568 €
Range: 67 951€ - 452 358€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 96 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 (Commerce de détail d'habillement en magasin spécialisé)

Compare COMMERCIAL EXPANSION with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail d'habillement en magasin spécialisé

Frequently asked questions about COMMERCIAL EXPANSION

What is the revenue of COMMERCIAL EXPANSION ?

The revenue of COMMERCIAL EXPANSION is not publicly disclosed (confidential accounts filed with INPI).

Is COMMERCIAL EXPANSION profitable?

Yes, COMMERCIAL EXPANSION generated a net profit of 87 k€ in 2020.

Where is the headquarters of COMMERCIAL EXPANSION ?

The headquarters of COMMERCIAL EXPANSION is located in LE MANS (72000), in the department Sarthe.

Where to find the tax return of COMMERCIAL EXPANSION ?

The tax return of COMMERCIAL EXPANSION 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 COMMERCIAL EXPANSION operate?

COMMERCIAL EXPANSION operates in the sector Commerce de détail d'habillement en magasin spécialisé (NAF code 47.71Z). See the 'Sector positioning' section above to compare the company with its competitors.