DOMAINE DE L ABRI COTIER : revenue, balance sheet and financial ratios

In 2024, DOMAINE DE L ABRI COTIER achieves revenue of 674 k€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +11.5%. Vs 2023, growth of +10% (610 k€ -> 674 k€). After deducting consumption (8 k€), gross margin stands at 666 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 77 k€, representing 11.5% of revenue. Warning negative scissor effect: despite revenue change (+10%), EBITDA varies by -17%, reducing margin by 3.8 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 42 k€, i.e. 6.2% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 553%. 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 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 11.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 7.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

The liquidity ratio (= Current assets / Current liabilities) stands at 0.00. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement. The interest coverage ratio (= EBIT / Interest expenses) is 22.1x. Operating income very largely covers interest expenses: high safety margin.

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: 80 days. Excellent situation: suppliers finance 80 days of the operating cycle (retail model). WCR is negative (-112 days): operations structurally generate cash. Notable WCR improvement over the period (-414%), freeing up cash.

Based on 169 transactions of similar company sales in 2024, the value of DOMAINE DE L ABRI COTIER is estimated at 436 324 € (range 136 704€ - 793 495€). With an EBITDA of 77 211€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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.