Employees: 01 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2018-03-01 (8 years)Status: ActiveBusiness sector: Autres activités liées au sportLocation: PLESDER (35720), Ille-et-Vilaine
ECURIE WINNER : revenue, balance sheet and financial ratios
ECURIE WINNER is a French company
founded 8 years ago,
specialized in the sector Autres activités liées au sport.
Based in PLESDER (35720),
this company of category PME
shows in 2024 a revenue of 529 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - ECURIE WINNER (SIREN 839948759)
Indicator
2024
2024
2023
2022
2021
2020
2019
Revenue
529 037 €
769 305 €
403 986 €
407 648 €
354 999 €
273 597 €
164 740 €
Net income
153 435 €
281 639 €
101 957 €
138 352 €
98 874 €
60 169 €
43 233 €
EBITDA
190 174 €
361 856 €
128 577 €
162 437 €
130 398 €
76 738 €
52 062 €
Net margin
29.0%
36.6%
25.2%
33.9%
27.9%
22.0%
26.2%
Revenue and income statement
In 2024, ECURIE WINNER achieves revenue of 529 k€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +26.3%. Significant drop of -31% vs 2024. After deducting consumption (430 €), gross margin stands at 529 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 190 k€, representing 35.9% of revenue. Warning negative scissor effect: despite revenue change (-31%), EBITDA varies by -47%, reducing margin by 11.1 pts. This reflects costs rising faster than 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 153 k€, i.e. 29.0% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
529 037 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
528 607 €
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
190 174 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
189 976 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
153 435 €
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
35.9%
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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 3%. 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 72%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 29.1% 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)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
2.964%
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
71.943%
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
29.073%
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
0.121
Asset age ratio (2024)
?
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
2019
2020
2021
2022
2023
2024
2024
Debt ratio
1.745
3.816
4.469
3.514
0.328
6.623
2.964
Financial autonomy
48.521
54.812
60.606
74.752
71.958
68.018
71.943
Repayment capacity
0.03
0.085
0.105
0.109
0.015
0.201
0.121
Cash flow / Revenue
26.243%
21.992%
27.852%
29.278%
25.238%
36.65%
29.073%
Sector positioning
Debt ratio
2.962024
2023
2024
2024
Q1: 0.0
Med: 4.63
Q3: 69.04
Good+15 pts over 3 years
In 2024, the debt ratio of ECURIE WINNER (2.96) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
Financial autonomy
71.94%2024
2023
2024
2024
Q1: 0.0%
Med: 20.59%
Q3: 51.7%
Excellent
In 2024, the financial autonomy of ECURIE WINNER (71.9%) 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.
Repayment capacity
0.12 years2024
2023
2024
2024
Q1: -0.43 years
Med: 0.0 years
Q3: 1.18 years
Average
In 2024, the repayment capacity of ECURIE WINNER (0.12) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 640.82. 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
640.82
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
0.0
Liquidity indicators evolution ECURIE WINNER
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2019
2020
2021
2022
2023
2024
2024
Liquidity ratio
214.969
251.649
299.536
549.487
368.491
370.136
640.82
Interest coverage
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Sector positioning
Liquidity ratio
640.822024
2023
2024
2024
Q1: 89.44
Med: 180.84
Q3: 411.87
Excellent
In 2024, the liquidity ratio of ECURIE WINNER (640.82) 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.
Interest coverage
0.0x2024
2023
2024
2024
Q1: -0.38x
Med: 0.0x
Q3: 0.91x
Good
In 2024, the interest coverage of ECURIE WINNER (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: 127 days. Excellent situation: suppliers finance 127 days of the operating cycle (retail model). Overall, WCR represents 102 days of revenue, i.e. 150 k€ to permanently finance. Over 2019-2024, WCR increased by +37%, 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
149 580 €
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
0 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
127 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
0 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
102 j
WCR and payment terms evolution ECURIE WINNER
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
2020
2021
2022
2023
2024
2024
Operating WCR
109 277 €
196 596 €
211 317 €
239 473 €
142 256 €
403 931 €
149 580 €
Inventory turnover (days)
0
0
0
0
0
0
0
Customer payment term (days)
0
0
0
1
19
1
0
Supplier payment term (days)
138
119
140
110
16
189
127
Positioning of ECURIE WINNER in its sector
Comparison with sector Autres activités liées au sport
Valuation estimate
Based on 161 transactions of similar company sales
(all years),
the value of ECURIE WINNER is estimated at
707 573 €
(range 367 300€ - 1 156 846€).
With an EBITDA of 190 174€, the sector multiple of 4.7x is applied.
The price/revenue ratio is 0.62x
(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
161 transactions
367k€707k€1156k€
707 573 €Range: 367 300€ - 1 156 846€
NAF 4 all-time
Aggregated at NAF sub-class level
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
190 174 €×4.7x
Estimation892 431 €
493 385€ - 1 304 562€
Revenue Multiple30%
529 037 €×0.62x
Estimation327 870 €
164 077€ - 527 773€
Net Income Multiple20%
153 435 €×5.3x
Estimation814 982 €
356 926€ - 1 731 167€
How is this estimate calculated?
This estimate is based on the analysis of 161 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 (Autres activités liées au sport)
Compare ECURIE WINNER with other companies in the same sector:
Yes, ECURIE WINNER generated a net profit of 153 k€ in 2024.
Where is the headquarters of ECURIE WINNER ?
The headquarters of ECURIE WINNER is located in PLESDER (35720), in the department Ille-et-Vilaine.
Where to find the tax return of ECURIE WINNER ?
The tax return of ECURIE WINNER 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 ECURIE WINNER operate?
ECURIE WINNER operates in the sector Autres activités liées au sport (NAF code 93.19Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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