CORSE VOILE LOCATION : revenue, balance sheet and financial ratios

CORSE VOILE LOCATION is a French company founded 10 years ago, specialized in the sector Location et location-bail de matériels de transport par eau. Based in PROPRIANO (20110), this company of category PME shows in 2022 a revenue of 206 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 - CORSE VOILE LOCATION (SIREN 819513185)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 206 119 € 177 281 € 152 615 € 187 551 € 281 606 € 143 331 € 87 168 €
Net income 14 408 € 14 728 € -3 698 € 9 568 € 10 372 € 2 617 € 13 273 €
EBITDA 14 205 € 14 856 € -6 429 € 38 923 € 11 897 € 3 489 € 15 619 €
Net margin 7.0% 8.3% -2.4% 5.1% 3.7% 1.8% 15.2%

Revenue and income statement

In 2022, CORSE VOILE LOCATION achieves revenue of 206 k€. Over the period 2016-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +15.4%. Vs 2021, growth of +16% (177 k€ -> 206 k€). After deducting consumption (13 k€), gross margin stands at 193 k€, i.e. a rate of 94%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 14 k€, representing 6.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 14 k€, i.e. 7.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

206 119 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

192 978 €

EBITDA (2022) ?
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

14 205 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

16 951 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

14 408 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

6.9%

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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 8%. 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 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 7.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

8.171%

Financial autonomy (2022) ?
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

6.226%

Cash flow / Revenue (2022) ?
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

7.696%

Repayment capacity (2022) ?
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

0.0

Asset age ratio (2022) ?
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

45.8%

Solvency indicators evolution
CORSE VOILE LOCATION

Sector positioning

Debt ratio
8.17 2022
2020
2021
2022
Q1: -769.14
Med: -106.15
Q3: 0.0
Average

In 2022, the debt ratio of CORSE VOILE LOCATION (8.17) 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
6.23% 2022
2020
2021
2022
Q1: -36.99%
Med: -6.01%
Q3: 27.24%
Good -5 pts over 3 years

In 2022, the financial autonomy of CORSE VOILE LOCATION (6.2%) 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.

Repayment capacity
0.0 years 2022
2020
2021
2022
Q1: -10.96 years
Med: 0.0 years
Q3: 5.61 years
Good +25 pts over 3 years

In 2022, the repayment capacity of CORSE VOILE LOCATION (0.00) 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 404.71. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

404.708

Interest coverage (2022) ?
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
CORSE VOILE LOCATION

Sector positioning

Liquidity ratio
404.71 2022
2020
2021
2022
Q1: 55.49
Med: 166.94
Q3: 1313.45
Good

In 2022, the liquidity ratio of CORSE VOILE LOCATION (404.71) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.0x 2022
2020
2021
2022
Q1: -3.54x
Med: 0.0x
Q3: 46.94x
Good +25 pts over 3 years

In 2022, the interest coverage of CORSE VOILE LOCATION (0.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 7 days. Favorable situation: supplier credit is longer than customer credit by 7 days. Inventory turnover is 24 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 35 days of revenue, i.e. 20 k€ to permanently finance. Over 2016-2022, WCR increased by +201%, requiring additional financing.

Operating WCR (2022) ?
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

19 917 €

Customer credit (2022) ?
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 (2022) ?
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

7 j

Inventory turnover (2022) ?
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

24 j

WCR in days of revenue (2022) ?
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

35 j

WCR and payment terms evolution
CORSE VOILE LOCATION

Positioning of CORSE VOILE LOCATION in its sector

Comparison with sector Location et location-bail de matériels de transport par eau

Valuation estimate

Based on 100 transactions of similar company sales (all years), the value of CORSE VOILE LOCATION is estimated at 52 398 € (range 25 178€ - 95 298€). With an EBITDA of 14 205€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.54x (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 2022
100 transactions
25k€ 52k€ 95k€
52 398 € Range: 25 178€ - 95 298€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

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EBITDA Multiple 50%
14 205 € × 1.6x
Estimation 22 342 €
2 813€ - 53 379€
Revenue Multiple 30%
206 119 € × 0.54x
Estimation 112 033 €
66 361€ - 172 785€
Net Income Multiple 20%
14 408 € × 2.6x
Estimation 38 090 €
19 321€ - 83 869€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 100 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 (Location et location-bail de matériels de transport par eau)

Compare CORSE VOILE LOCATION with other companies in the same sector:

Voir toutes les statistiques du secteur Location et location-bail de matériels de transport par eau

Frequently asked questions about CORSE VOILE LOCATION

What is the revenue of CORSE VOILE LOCATION ?

The revenue of CORSE VOILE LOCATION in 2022 is 206 k€.

Is CORSE VOILE LOCATION profitable?

Yes, CORSE VOILE LOCATION generated a net profit of 14 k€ in 2022.

Where is the headquarters of CORSE VOILE LOCATION ?

The headquarters of CORSE VOILE LOCATION is located in PROPRIANO (20110).

Where to find the tax return of CORSE VOILE LOCATION ?

The tax return of CORSE VOILE LOCATION 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 CORSE VOILE LOCATION operate?

CORSE VOILE LOCATION operates in the sector Location et location-bail de matériels de transport par eau (NAF code 77.34Z). See the 'Sector positioning' section above to compare the company with its competitors.