SIREN : 802798934
ELSAN SAS is a French company founded 11 years ago, specialized in the sector Gestion de fonds. Based in PARIS (75008), this company of category GE shows in 2024 a revenue of 66.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 65 954 114 € | 61 143 453 € | 59 439 165 € | 56 885 214 € | 42 757 065 € | 43 085 430 € | 37 463 150 € | 23 287 644 € | 21 118 051 € |
| Net income | -227 121 273 € | -199 100 294 € | -250 193 119 € | 25 652 190 € | -6 868 210 € | 21 331 930 € | -42 414 853 € | -7 140 548 € | -18 732 553 € |
| EBITDA | 34 027 077 € | 26 829 684 € | 27 802 876 € | 27 039 297 € | 13 192 902 € | 26 207 413 € | 16 820 640 € | 5 100 672 € | 5 477 716 € |
| Net margin | -344.4% | -325.6% | -420.9% | 45.1% | -16.1% | 49.5% | -113.2% | -30.7% | -88.7% |
In 2024, ELSAN SAS achieves revenue of 66.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +15.3%. Vs 2023: +8%. After deducting consumption (-100 k€), gross margin stands at 66.1 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 34.0 M€, representing 51.6% of revenue. Positive scissor effect: EBITDA margin improves by +7.7 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -227.1 M€ (-344.4% of revenue), which will impact equity.
65 954 114 €
66 053 812 €
34 027 077 €
3 930 009 €
-227 121 273 €
51.6%
The debt ratio (= Financial debt / Equity x 100) stands at 2382%. 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 4%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 78.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 49.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
2382.227%
3.842%
49.226%
78.427
66.2%
In 2024, the debt ratio of ELSAN SAS (2382.23) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of ELSAN SAS (3.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of ELSAN SAS (78.43) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 242.53. 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 1600.1x. Operating income very largely covers interest expenses: high safety margin.
242.531
1600.053
In 2024, the liquidity ratio of ELSAN SAS (242.53) 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.
In 2024, the interest coverage of ELSAN SAS (1600.0x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 245 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 519 days. Excellent situation: suppliers finance 274 days of the operating cycle (retail model). Overall, WCR represents 581 days of revenue, i.e. 106.4 M€ to permanently finance.
106 423 558 €
245 j
519 j
0 j
581 j
Based on 62 transactions of similar company sales
in 2024,
the value of ELSAN SAS is estimated at
109 562 124 €
(range 35 629 984€ - 250 657 298€).
With an EBITDA of 34 027 077€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.30x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
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This estimate is based on the analysis of 62 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare ELSAN SAS with other companies in the same sector:
The revenue of ELSAN SAS in 2024 is 66.0 M€.
ELSAN SAS recorded a net loss in 2024.
The headquarters of ELSAN SAS is located in PARIS (75008), in the department Paris.
The tax return of ELSAN SAS 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).
ELSAN SAS operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.