ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT : revenue, balance sheet and financial ratios

ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT is a French company founded 10 years ago, specialized in the sector Enseignement supérieur. Based in GRENOBLE (38000), this company of category ETI shows in 2022 a revenue of 62.9 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 - ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT (SIREN 817389141)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 62 904 810 € 57 047 240 € 56 608 081 € 59 370 551 € 57 963 615 € 54 791 390 € 52 007 981 €
Net income -3 593 324 € -6 335 857 € -4 417 216 € -1 093 721 € 1 465 834 € 1 595 916 € 92 940 €
EBITDA -1 222 758 € -3 821 962 € 680 270 € 772 769 € 4 069 350 € 4 956 369 € 2 779 090 €
Net margin -5.7% -11.1% -7.8% -1.8% 2.5% 2.9% 0.2%

Revenue and income statement

In 2022, ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT achieves revenue of 62.9 M€. Revenue is growing positively over 7 years (CAGR: +3.2%). Vs 2021, growth of +10% (57.0 M€ -> 62.9 M€). After deducting consumption (0 €), gross margin stands at 62.9 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 -1.2 M€, representing -1.9% of revenue. Positive scissor effect: EBITDA margin improves by +4.8 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -3.6 M€ (-5.7% of revenue), which will impact equity.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

62 904 810 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

62 904 810 €

EBITDA (2022) ?
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

-1 222 758 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-3 519 386 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-3 593 324 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-1.8%

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 45%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 26%. The balance between equity and debt is satisfactory.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

45.372%

Financial autonomy (2022) ?
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

26.221%

Cash flow / Revenue (2022) ?
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

-3.924%

Repayment capacity (2022) ?
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

-2.917

Asset age ratio (2022) ?
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

38.8%

Solvency indicators evolution
ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT

Sector positioning

Debt ratio
45.37 2022
2020
2021
2022
Q1: 0.0
Med: 6.96
Q3: 41.74
Average +22 pts over 3 years

In 2022, the debt ratio of ETABLISSEMENT D'ENSEIGNEM... (45.37) 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
26.22% 2022
2020
2021
2022
Q1: 6.04%
Med: 33.77%
Q3: 53.52%
Average +11 pts over 3 years

In 2022, the financial autonomy of ETABLISSEMENT D'ENSEIGNEM... (26.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-2.92 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.02 years
Q3: 1.14 years
Excellent +6 pts over 3 years

In 2022, the repayment capacity of ETABLISSEMENT D'ENSEIGNEM... (-2.92) 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 319.04. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

319.04

Interest coverage (2022) ?
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

-19.766

Liquidity indicators evolution
ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT

Sector positioning

Liquidity ratio
319.04 2022
2020
2021
2022
Q1: 131.2
Med: 204.29
Q3: 322.03
Good

In 2022, the liquidity ratio of ETABLISSEMENT D'ENSEIGNEM... (319.04) 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
-19.77x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.1x
Q3: 1.43x
Average -47 pts over 3 years

In 2022, the interest coverage of ETABLISSEMENT D'ENSEIGNEM... (-19.8x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. 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. Average customer payment term: 91 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 72 days. The company must finance 19 days of gap between collections and payments. WCR is negative (-12 days): operations structurally generate cash. Notable WCR improvement over the period (-158%), freeing up cash.

Operating WCR (2022) ?
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

-2 121 779 €

Customer credit (2022) ?
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

91 j

Supplier credit (2022) ?
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

72 j

Inventory turnover (2022) ?
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 in days of revenue (2022) ?
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

-12 j

WCR and payment terms evolution
ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT

Positioning of ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT in its sector

Comparison with sector Enseignement supérieur

Valuation estimate

Based on 55 transactions of similar company sales in 2022, the value of ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT is estimated at 19 037 843 € (range 8 494 612€ - 36 522 052€). 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.

Estimated enterprise value 2022
55 tx
8494k€ 19037k€ 36522k€
19 037 843 € Range: 8 494 612€ - 36 522 052€
Section année 2022 Aggregated at NAF section level

Valuation method used

Revenue Multiple
62 904 810 € × 0.30x = 19 037 843 €
Range: 8 494 613€ - 36 522 053€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 55 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 (Enseignement supérieur)

Compare ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Enseignement supérieur

Frequently asked questions about ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT

What is the revenue of ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT ?

The revenue of ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT in 2022 is 62.9 M€.

Is ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT profitable?

ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT recorded a net loss in 2022.

Where is the headquarters of ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT ?

The headquarters of ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT is located in GRENOBLE (38000), in the department Isere.

Where to find the tax return of ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT ?

The tax return of ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT 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 ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT operate?

ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE GRENOBLE ECOLE DE MANAGEMENT operates in the sector Enseignement supérieur (NAF code 85.42Z). See the 'Sector positioning' section above to compare the company with its competitors.