COMPAGNIE DES PATISSIERS : revenue, balance sheet and financial ratios

COMPAGNIE DES PATISSIERS is a French company founded 31 years ago, specialized in the sector Fabrication industrielle de pain et de pâtisserie fraîche. Based in MARSEILLE (13016), this company of category ETI shows in 2024 a revenue of 33.7 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 - COMPAGNIE DES PATISSIERS (SIREN 401193701)
Indicator 2024 2023 2022 2021 2020 2020 2018 2017 2016
Revenue 33 710 314 € 33 252 016 € 30 778 680 € 27 469 527 € 33 674 101 € 12 315 754 € 19 287 008 € 12 335 424 € 10 537 899 €
Net income -953 143 € 45 174 € -1 585 059 € -858 696 € -2 186 588 € 228 625 € -11 676 € 225 729 € 836 011 €
EBITDA -300 684 € 2 092 605 € 155 052 € 761 200 € -1 818 867 € 805 967 € 555 432 € 942 851 € 680 842 €
Net margin -2.8% 0.1% -5.1% -3.1% -6.5% 1.9% -0.1% 1.8% 7.9%

Revenue and income statement

In 2024, COMPAGNIE DES PATISSIERS achieves revenue of 33.7 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +15.6%. Vs 2023: +1%. After deducting consumption (17.1 M€), gross margin stands at 16.6 M€, i.e. a rate of 49%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -301 k€, representing -0.9% of revenue. Warning negative scissor effect: despite revenue change (+1%), EBITDA varies by -114%, reducing margin by 7.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -953 k€ (-2.8% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

33 710 314 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

16 626 367 €

EBITDA (2024) ?
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

-300 684 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-523 809 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-953 143 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-0.9%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at -4532%. 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 -1%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 23.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-4532.314%

Financial autonomy (2024) ?
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

-0.741%

Cash flow / Revenue (2024) ?
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

0.573%

Repayment capacity (2024) ?
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

23.941

Asset age ratio (2024) ?
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

32.7%

Solvency indicators evolution
COMPAGNIE DES PATISSIERS

Sector positioning

Debt ratio
-4532.31 2024
2022
2023
2024
Q1: 0.0
Med: 31.42
Q3: 102.95
Excellent -74 pts over 3 years

In 2024, the debt ratio of COMPAGNIE DES PATISSIERS (-4532.31) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-0.74% 2024
2022
2023
2024
Q1: 9.55%
Med: 32.31%
Q3: 55.95%
Average

In 2024, the financial autonomy of COMPAGNIE DES PATISSIERS (-0.7%) 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
23.94 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.14 years
Q3: 2.48 years
Watch +52 pts over 3 years

In 2024, the repayment capacity of COMPAGNIE DES PATISSIERS (23.94) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 89.30. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

89.295

Interest coverage (2024) ?
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

-146.917

Liquidity indicators evolution
COMPAGNIE DES PATISSIERS

Sector positioning

Liquidity ratio
89.3 2024
2022
2023
2024
Q1: 102.33
Med: 151.65
Q3: 234.58
Watch

In 2024, the liquidity ratio of COMPAGNIE DES PATISSIERS (89.30) 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
-146.92x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.79x
Q3: 5.95x
Watch -57 pts over 3 years

In 2024, the interest coverage of COMPAGNIE DES PATISSIERS (-146.9x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 25 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 61 days. Excellent situation: suppliers finance 36 days of the operating cycle (retail model). Inventory turnover is 38 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 40 days of revenue, i.e. 3.8 M€ to permanently finance. Over 2016-2024, WCR increased by +128%, requiring additional financing.

Operating WCR (2024) ?
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

3 750 272 €

Customer credit (2024) ?
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

25 j

Supplier credit (2024) ?
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

61 j

Inventory turnover (2024) ?
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

38 j

WCR in days of revenue (2024) ?
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

40 j

WCR and payment terms evolution
COMPAGNIE DES PATISSIERS

Positioning of COMPAGNIE DES PATISSIERS in its sector

Comparison with sector Fabrication industrielle de pain et de pâtisserie fraîche

Valuation estimate

Based on 203 transactions of similar company sales in 2024, the value of COMPAGNIE DES PATISSIERS is estimated at 18 698 346 € (range 11 678 727€ - 24 890 638€). The price/revenue ratio is 0.55x (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.

Estimated enterprise value 2024
203 transactions
11678k€ 18698k€ 24890k€
18 698 346 € Range: 11 678 727€ - 24 890 638€
NAF 5 année 2024

Valuation method used

Revenue Multiple
33 710 314 € × 0.55x = 18 698 347 €
Range: 11 678 728€ - 24 890 638€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 203 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 (Fabrication industrielle de pain et de pâtisserie fraîche)

Compare COMPAGNIE DES PATISSIERS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication industrielle de pain et de pâtisserie fraîche

Frequently asked questions about COMPAGNIE DES PATISSIERS

What is the revenue of COMPAGNIE DES PATISSIERS ?

The revenue of COMPAGNIE DES PATISSIERS in 2024 is 33.7 M€.

Is COMPAGNIE DES PATISSIERS profitable?

COMPAGNIE DES PATISSIERS recorded a net loss in 2024.

Where is the headquarters of COMPAGNIE DES PATISSIERS ?

The headquarters of COMPAGNIE DES PATISSIERS is located in MARSEILLE (13016), in the department Bouches-du-Rhone.

Where to find the tax return of COMPAGNIE DES PATISSIERS ?

The tax return of COMPAGNIE DES PATISSIERS 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 COMPAGNIE DES PATISSIERS operate?

COMPAGNIE DES PATISSIERS operates in the sector Fabrication industrielle de pain et de pâtisserie fraîche (NAF code 10.71A). See the 'Sector positioning' section above to compare the company with its competitors.