Employees: NN (None)Legal category: Société coopérativeSize: PMECreation date: 2004-03-06 (22 years)Status: ActiveBusiness sector: Location de terrains et d'autres biens immobiliersLocation: MENTON (06500), Alpes-Maritimes
DOUBLE ERRE : revenue, balance sheet and financial ratios
DOUBLE ERRE is a French company
founded 22 years ago,
specialized in the sector Location de terrains et d'autres biens immobiliers.
Based in MENTON (06500),
this company of category PME
shows in 2024 a revenue of 88 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, DOUBLE ERRE achieves revenue of 88 k€. Activity remains stable over the period (CAGR: -4.7%). Slight decline of -8% vs 2023. After deducting consumption (0 €), gross margin stands at 88 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 21 k€, representing 24.0% of revenue. Positive scissor effect: EBITDA margin improves by +27.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 115 k€, i.e. 130.6% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
88 000 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
88 000 €
EBITDA (2024)
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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
21 077 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
-37 833 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
114 940 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
24.0%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 222%. 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 31%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 51.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 23.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
221.674%
Financial autonomy (2024)
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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
31.087%
Cash flow / Revenue (2024)
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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
23.323%
Repayment capacity (2024)
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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
51.8
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
-79614.624
-13003.522
-14132.695
-9249.963
-4246.647
587.894
386.908
395.754
221.674
Financial autonomy
-0.126
-0.775
-0.713
-1.093
-2.412
14.532
20.454
20.171
31.087
Repayment capacity
39.841
41.686
31.301
34.805
51.182
28.556
34.008
-279.246
51.8
Cash flow / Revenue
55.687%
45.421%
62.108%
53.735%
33.577%
42.598%
40.928%
-5.399%
23.323%
Sector positioning
Debt ratio
221.672024
2022
2023
2024
Q1: -21.15
Med: 5.9
Q3: 146.94
Average
In 2024, the debt ratio of DOUBLE ERRE (221.67) 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
31.09%2024
2022
2023
2024
Q1: 0.03%
Med: 27.42%
Q3: 73.8%
Good+14 pts over 3 years
In 2024, the financial autonomy of DOUBLE ERRE (31.1%) 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
51.8 years2024
2022
2023
2024
Q1: -0.02 years
Med: 0.66 years
Q3: 10.59 years
Average
In 2024, the repayment capacity of DOUBLE ERRE (51.80) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Overall, WCR represents 118 days of revenue, i.e. 29 k€ to permanently finance. Over 2016-2024, WCR increased by +13630%, requiring additional financing.
Operating WCR (2024)
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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
28 831 €
Customer credit (2024)
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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 (2024)
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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 (2024)
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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 in days of revenue (2024)
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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
118 j
WCR and payment terms evolution DOUBLE ERRE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
210 €
755 €
14 816 €
14 185 €
16 739 €
25 713 €
351 236 €
101 104 €
28 831 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
0
Customer payment term (days)
0
0
0
0
0
0
0
0
0
Supplier payment term (days)
0
0
0
0
0
1
34
0
0
Positioning of DOUBLE ERRE in its sector
Comparison with sector Location de terrains et d'autres biens immobiliers
Valuation estimate
Based on 169 transactions of similar company sales
in 2024,
the value of DOUBLE ERRE is estimated at
236 956 €
(range 70 857€ - 429 252€).
With an EBITDA of 21 077€, 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.
Estimated enterprise value2024
169 transactions
70k€236k€429k€
236 956 €Range: 70 857€ - 429 252€
NAF 5 année 2024
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
21 077 €×5.6x
Estimation118 028 €
31 243€ - 210 665€
Revenue Multiple30%
88 000 €×0.81x
Estimation70 983 €
27 125€ - 132 366€
Net Income Multiple20%
114 940 €×6.8x
Estimation783 239 €
235 495€ - 1 421 053€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 169 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 de terrains et d'autres biens immobiliers)
Compare DOUBLE ERRE with other companies in the same sector:
Yes, DOUBLE ERRE generated a net profit of 115 k€ in 2024.
Where is the headquarters of DOUBLE ERRE ?
The headquarters of DOUBLE ERRE is located in MENTON (06500), in the department Alpes-Maritimes.
Where to find the tax return of DOUBLE ERRE ?
The tax return of DOUBLE ERRE 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 DOUBLE ERRE operate?
DOUBLE ERRE operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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