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.
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 €
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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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Item
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 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
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Debt ratio
23.982
29.343
25.907
27.349
27.823
26.541
77.826
78.754
63.493
63.298
Financial autonomy
63.876
59.559
64.905
63.798
62.154
60.008
42.277
40.783
48.286
49.594
Repayment capacity
0.541
0.75
0.801
None
None
None
None
None
None
None
Cash flow / Revenue
13.443%
13.557%
14.692%
None%
None%
None%
None%
None%
None%
None%
Sector positioning
Debt ratio
63.32023
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
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Liquidity ratio
196.181
183.71
251.204
201.913
204.481
230.671
210.988
186.03
168.78
171.115
Interest coverage
0.69
1.308
1.344
None
None
None
None
None
None
None
Sector positioning
Liquidity ratio
171.122023
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
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Operating WCR
185 748 €
226 139 €
288 641 €
0 €
0 €
0 €
0 €
0 €
0 €
0 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
0
0
Customer payment term (days)
44
41
49
0
0
0
0
0
0
0
Supplier payment term (days)
19
54
33
0
0
0
0
0
0
0
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 value2023
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
Visualisation creee via abddaf.fr Sources : BODACC & INPI
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:
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.
Item evolution
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