SIREN : 517604427
COURAGE CLASSIC is a French company founded 16 years ago, specialized in the sector Gestion d'installations sportives. Based in LE MANS (72100), this company of category PME shows in 2024 a revenue of 46 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 46 309 € | 12 389 € | 159 798 € | 244 830 € | 428 293 € | 395 580 € | 368 222 € | 254 815 € |
| Net income | 9 237 € | 1 658 € | 58 582 € | 4 086 € | 13 016 € | 25 357 € | 27 738 € | 20 122 € |
| EBITDA | 9 736 € | 2 786 € | 13 140 € | -18 460 € | 28 992 € | -21 063 € | 30 040 € | -227 254 € |
| Net margin | 19.9% | 13.4% | 36.7% | 1.7% | 3.0% | 6.4% | 7.5% | 7.9% |
In 2024, COURAGE CLASSIC achieves revenue of 46 k€. Revenue is declining over the period 2016-2024 (CAGR: -19.2%). Vs 2023, growth of +274% (12 k€ -> 46 k€). After deducting consumption (8 k€), gross margin stands at 38 k€, i.e. a rate of 83%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 10 k€, representing 21.0% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 9 k€, i.e. 19.9% of revenue. This profit can be retained or distributed to shareholders.
46 309 €
38 309 €
9 736 €
9 735 €
9 237 €
21.0%
The debt ratio (= Financial debt / Equity x 100) stands at 76%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 55%. 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 17.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 19.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
75.832%
55.481%
19.946%
17.281
In 2024, the debt ratio of COURAGE CLASSIC (75.83) 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 2024, the financial autonomy of COURAGE CLASSIC (55.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2024, the repayment capacity of COURAGE CLASSIC (17.28) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 3987.34. 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 5.1x. Operating income very largely covers interest expenses: high safety margin.
3987.336
5.115
In 2024, the liquidity ratio of COURAGE CLASSIC (3987.34) 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.
In 2024, the interest coverage of COURAGE CLASSIC (5.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 946 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 0 days. The gap of 946 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 1169 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 2753 days of revenue, i.e. 354 k€ to permanently finance. Over 2016-2024, WCR increased by +38%, requiring additional financing.
354 102 €
946 j
0 j
1169 j
2753 j
Based on 73 transactions of similar company sales
(all years),
the value of COURAGE CLASSIC is estimated at
37 389 €
(range 17 383€ - 61 121€).
With an EBITDA of 9 736€, the sector multiple of 4.0x is applied.
The price/revenue ratio is 0.57x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 73 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 COURAGE CLASSIC with other companies in the same sector:
Voir toutes les statistiques du secteur Gestion d'installations sportives
The revenue of COURAGE CLASSIC in 2024 is 46 k€.
Yes, COURAGE CLASSIC generated a net profit of 9 k€ in 2024.
The headquarters of COURAGE CLASSIC is located in LE MANS (72100), in the department Sarthe.
The tax return of COURAGE CLASSIC 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).
COURAGE CLASSIC operates in the sector Gestion d'installations sportives (NAF code 93.11Z). See the 'Sector positioning' section above to compare the company with its competitors.