EMERALD COAST : revenue, balance sheet and financial ratios

EMERALD COAST is a French company founded 28 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures. Based in SAINT-MALO (35400), this company of category ETI shows in 2023 a revenue of 38.0 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 - EMERALD COAST (SIREN 412730848)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 38 003 808 € 40 822 527 € 37 594 645 € 31 757 413 € 46 791 848 € 59 827 708 € 68 035 902 € 76 388 717 €
Net income -645 288 € -2 693 010 € 4 622 808 € -599 145 € -3 774 210 € 5 930 083 € 7 981 083 € 2 770 987 €
EBITDA -90 245 € 28 332 € 1 642 511 € -1 408 038 € 1 993 779 € 10 903 408 € -1 734 730 € 7 364 741 €
Net margin -1.7% -6.6% 12.3% -1.9% -8.1% 9.9% 11.7% 3.6%

Revenue and income statement

In 2023, EMERALD COAST achieves revenue of 38.0 M€. Revenue is declining over the period 2016-2023 (CAGR: -9.5%). Slight decline of -7% vs 2022. After deducting consumption (22.7 M€), gross margin stands at 15.3 M€, i.e. a rate of 40%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -90 k€, representing -0.2% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -645 k€ (-1.7% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

38 003 808 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

15 256 677 €

EBITDA (2023) ?
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

-90 245 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-744 368 €

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

-645 288 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-0.2%

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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 1%. 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 60%. 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

0.847%

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

59.897%

Cash flow / Revenue (2023) ?
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

-5.234%

Repayment capacity (2023) ?
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

-0.064

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

74.3%

Solvency indicators evolution
EMERALD COAST

Sector positioning

Debt ratio
0.85 2023
2021
2022
2023
Q1: 0.0
Med: 15.2
Q3: 61.67
Good

In 2023, the debt ratio of EMERALD COAST (0.85) 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
59.9% 2023
2021
2022
2023
Q1: 6.03%
Med: 30.43%
Q3: 56.01%
Excellent

In 2023, the financial autonomy of EMERALD COAST (59.9%) 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
-0.06 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.65 years
Excellent

In 2023, the repayment capacity of EMERALD COAST (-0.06) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 246.90. 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

246.895

Interest coverage (2023) ?
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

-100.062

Liquidity indicators evolution
EMERALD COAST

Sector positioning

Liquidity ratio
246.9 2023
2021
2022
2023
Q1: 114.16
Med: 186.45
Q3: 349.83
Good +7 pts over 3 years

In 2023, the liquidity ratio of EMERALD COAST (246.90) 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
-100.06x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 4.49x
Watch -50 pts over 3 years

In 2023, the interest coverage of EMERALD COAST (-100.1x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 32 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 28 days. The company must finance 4 days of gap between collections and payments. Inventory turnover is 53 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 149 days of revenue, i.e. 15.7 M€ to permanently finance. Notable WCR improvement over the period (-74%), freeing up cash.

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

15 705 454 €

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

32 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

28 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

53 j

WCR in days of revenue (2023) ?
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

149 j

WCR and payment terms evolution
EMERALD COAST

Positioning of EMERALD COAST in its sector

Comparison with sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures

Valuation estimate

Based on 124 transactions of similar company sales (all years), the value of EMERALD COAST is estimated at 6 614 300 € (range 3 402 895€ - 19 046 841€). The price/revenue ratio is 0.17x (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 2023
124 transactions
3402k€ 6614k€ 19046k€
6 614 300 € Range: 3 402 895€ - 19 046 841€
NAF 5 all-time

Valuation method used

Revenue Multiple
38 003 808 € × 0.17x = 6 614 300 €
Range: 3 402 896€ - 19 046 841€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 124 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 (Commerce de gros (commerce interentreprises) d'habillement et de chaussures)

Compare EMERALD COAST with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) d'habillement et de chaussures

Frequently asked questions about EMERALD COAST

What is the revenue of EMERALD COAST ?

The revenue of EMERALD COAST in 2023 is 38.0 M€.

Is EMERALD COAST profitable?

EMERALD COAST recorded a net loss in 2023.

Where is the headquarters of EMERALD COAST ?

The headquarters of EMERALD COAST is located in SAINT-MALO (35400), in the department Ille-et-Vilaine.

Where to find the tax return of EMERALD COAST ?

The tax return of EMERALD COAST 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 EMERALD COAST operate?

EMERALD COAST operates in the sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures (NAF code 46.42Z). See the 'Sector positioning' section above to compare the company with its competitors.