ELAN FORMATION : revenue, balance sheet and financial ratios

ELAN FORMATION is a French company founded 33 years ago, specialized in the sector Formation continue d'adultes. Based in STRASBOURG (67100), this company of category PME shows in 2016 a revenue of 2.0 M€. 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

Financial history - ELAN FORMATION (SIREN 390758241)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue N/C N/C N/C N/C N/C N/C N/C 2 005 705 € 2 151 856 € 1 959 371 €
Net income 37 988 € 65 715 € 106 233 € 222 725 € 307 312 € 130 631 € 18 548 € 165 343 € 146 721 € 165 510 €
EBITDA N/C N/C N/C N/C N/C N/C N/C 372 252 € 357 746 € 338 764 €
Net margin N/C N/C N/C N/C N/C N/C N/C 8.2% 6.8% 8.4%

Revenue and income statement

In 2023, ELAN FORMATION generates positive net income of 38 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2014-2023: 166 k€ -> 38 k€.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

37 988 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 63%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 50%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

63.298%

Financial autonomy (2023) ?
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

49.594%

Asset age ratio (2023) ?
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

43.0%

Solvency indicators evolution
ELAN FORMATION

Sector positioning

Debt ratio
63.3 2023
2021
2022
2023
Q1: 0.0
Med: 3.62
Q3: 37.96
Average

In 2023, the debt ratio of ELAN FORMATION (63.30) 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
49.59% 2023
2021
2022
2023
Q1: 1.77%
Med: 30.93%
Q3: 61.22%
Good +6 pts over 3 years

In 2023, the financial autonomy of ELAN FORMATION (49.6%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 171.12. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

171.115

Liquidity indicators evolution
ELAN FORMATION

Sector positioning

Liquidity ratio
171.12 2023
2021
2022
2023
Q1: 129.96
Med: 228.25
Q3: 426.41
Average

In 2023, the liquidity ratio of ELAN FORMATION (171.12) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2023) ?
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

0 €

Customer credit (2023) ?
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 (2023) ?
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 (2023) ?
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 and payment terms evolution
ELAN FORMATION

Positioning of ELAN FORMATION in its sector

Comparison with sector Formation continue d'adultes

Valuation estimate

Based on 134 transactions of similar company sales (all years), the value of ELAN FORMATION is estimated at 111 569 € (range 41 624€ - 603 367€). 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 2023
134 transactions
41k€ 111k€ 603k€
111 569 € Range: 41 624€ - 603 367€
NAF 5 all-time

Valuation method used

Net Income Multiple
37 988 € × 2.9x = 111 569 €
Range: 41 624€ - 603 367€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 134 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 (Formation continue d'adultes)

Compare ELAN FORMATION with other companies in the same sector:

Frequently asked questions about ELAN FORMATION

What is the revenue of ELAN FORMATION ?

The revenue of ELAN FORMATION in 2016 is 2.0 M€.

Is ELAN FORMATION profitable?

Yes, ELAN FORMATION generated a net profit of 38 k€ in 2023.

Where is the headquarters of ELAN FORMATION ?

The headquarters of ELAN FORMATION is located in STRASBOURG (67100), in the department Bas-Rhin.

Where to find the tax return of ELAN FORMATION ?

The tax return of ELAN FORMATION 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 ELAN FORMATION operate?

ELAN FORMATION operates in the sector Formation continue d'adultes (NAF code 85.59A). See the 'Sector positioning' section above to compare the company with its competitors.