ELEVEURS ET DUCHEMANN-GRONDIN : revenue, balance sheet and financial ratios

ELEVEURS ET DUCHEMANN-GRONDIN is a French company founded 8 years ago, specialized in the sector Transformation et conservation de la viande de volaille. Based in L'ETANG-SALE (97427), this company of category ETI shows in 2024 a revenue of 121.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ELEVEURS ET DUCHEMANN-GRONDIN (SIREN 834068595)
Indicator 2024 2023 2022 2021 2020 2019 2018
Revenue 121 727 294 € 114 201 764 € 101 853 819 € 87 738 811 € 87 738 811 € 78 243 338 € 72 228 987 €
Net income 3 636 626 € 2 812 441 € 2 609 089 € 2 981 930 € 2 981 930 € 1 631 801 € 570 662 €
EBITDA 3 392 001 € 1 106 383 € 1 310 179 € 3 449 633 € 3 449 633 € 2 268 722 € 758 571 €
Net margin 3.0% 2.5% 2.6% 3.4% 3.4% 2.1% 0.8%

Revenue and income statement

In 2024, ELEVEURS ET DUCHEMANN-GRONDIN achieves revenue of 121.7 M€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +9.1%. Vs 2023: +7%. After deducting consumption (70.3 M€), gross margin stands at 51.4 M€, i.e. a rate of 42%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.4 M€, representing 2.8% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3.6 M€, i.e. 3.0% 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

121 727 294 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

51 390 913 €

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

3 392 001 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

5 406 734 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

3 636 626 €

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

2.5%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 50%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

0.044%

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

49.839%

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

1.111%

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

0.005

Asset age ratio (2024) ?
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

34.5%

Solvency indicators evolution
ELEVEURS ET DUCHEMANN-GRONDIN

Sector positioning

Debt ratio
0.04 2024
2022
2023
2024
Q1: 2.64
Med: 23.39
Q3: 68.7
Excellent -19 pts over 3 years

In 2024, the debt ratio of ELEVEURS ET DUCHEMANN-GRO... (0.04) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
49.84% 2024
2022
2023
2024
Q1: 20.81%
Med: 46.78%
Q3: 59.92%
Good

In 2024, the financial autonomy of ELEVEURS ET DUCHEMANN-GRO... (49.8%) 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
0.01 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.33 years
Q3: 1.52 years
Good -58 pts over 3 years

In 2024, the repayment capacity of ELEVEURS ET DUCHEMANN-GRO... (0.01) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 194.19. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 1.1x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

194.19

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

1.051

Liquidity indicators evolution
ELEVEURS ET DUCHEMANN-GRONDIN

Sector positioning

Liquidity ratio
194.19 2024
2022
2023
2024
Q1: 112.88
Med: 179.72
Q3: 276.13
Good -9 pts over 3 years

In 2024, the liquidity ratio of ELEVEURS ET DUCHEMANN-GRO... (194.19) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
1.05x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.63x
Q3: 5.56x
Good -23 pts over 3 years

In 2024, the interest coverage of ELEVEURS ET DUCHEMANN-GRO... (1.1x) 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: 28 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. Favorable situation: supplier credit is longer than customer credit by 7 days. Inventory turnover is 10 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 65 days of revenue, i.e. 22.1 M€ to permanently finance. Over 2018-2024, WCR increased by +102%, 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

22 145 847 €

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

28 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

35 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

10 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

65 j

WCR and payment terms evolution
ELEVEURS ET DUCHEMANN-GRONDIN

Positioning of ELEVEURS ET DUCHEMANN-GRONDIN in its sector

Comparison with sector Transformation et conservation de la viande de volaille

Valuation estimate

Based on 164 transactions of similar company sales (all years), the value of ELEVEURS ET DUCHEMANN-GRONDIN is estimated at 17 712 571 € (range 7 827 535€ - 36 938 038€). With an EBITDA of 3 392 001€, the sector multiple of 3.3x is applied. The price/revenue ratio is 0.26x (conservative valuation). 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 2024
164 transactions
7827k€ 17712k€ 36938k€
17 712 571 € Range: 7 827 535€ - 36 938 038€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
3 392 001 € × 3.3x
Estimation 11 051 051 €
5 252 492€ - 26 196 073€
Revenue Multiple 30%
121 727 294 € × 0.26x
Estimation 31 268 048 €
14 451 207€ - 56 873 621€
Net Income Multiple 20%
3 636 626 € × 3.9x
Estimation 14 033 156 €
4 329 639€ - 33 889 578€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 164 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 (Transformation et conservation de la viande de volaille)

Compare ELEVEURS ET DUCHEMANN-GRONDIN with other companies in the same sector:

Voir toutes les statistiques du secteur Transformation et conservation de la viande de volaille

Frequently asked questions about ELEVEURS ET DUCHEMANN-GRONDIN

What is the revenue of ELEVEURS ET DUCHEMANN-GRONDIN ?

The revenue of ELEVEURS ET DUCHEMANN-GRONDIN in 2024 is 121.7 M€.

Is ELEVEURS ET DUCHEMANN-GRONDIN profitable?

Yes, ELEVEURS ET DUCHEMANN-GRONDIN generated a net profit of 3.6 M€ in 2024.

Where is the headquarters of ELEVEURS ET DUCHEMANN-GRONDIN ?

The headquarters of ELEVEURS ET DUCHEMANN-GRONDIN is located in L'ETANG-SALE (97427), in the department La Reunion.

Where to find the tax return of ELEVEURS ET DUCHEMANN-GRONDIN ?

The tax return of ELEVEURS ET DUCHEMANN-GRONDIN 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 ELEVEURS ET DUCHEMANN-GRONDIN operate?

ELEVEURS ET DUCHEMANN-GRONDIN operates in the sector Transformation et conservation de la viande de volaille (NAF code 10.12Z). See the 'Sector positioning' section above to compare the company with its competitors.