ETABLISSEMENTS LOUIS REMUSAT : revenue, balance sheet and financial ratios

ETABLISSEMENTS LOUIS REMUSAT is a French company founded 69 years ago, specialized in the sector Administration d'immeubles et autres biens immobiliers. Based in MARSEILLE (13008), this company of category PME shows in 2021 a revenue of 631 k€. 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 - ETABLISSEMENTS LOUIS REMUSAT (SIREN 057806812)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 631 287 € 537 817 € 543 809 € 538 437 € 567 982 € 459 921 €
Net income 374 091 € -28 901 € -95 299 € -84 595 € -76 202 € -212 158 €
EBITDA 78 946 € 18 819 € 17 496 € 49 872 € 59 381 € -76 122 €
Net margin 59.3% -5.4% -17.5% -15.7% -13.4% -46.1%

Revenue and income statement

In 2021, ETABLISSEMENTS LOUIS REMUSAT achieves revenue of 631 k€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +6.5%. Vs 2020, growth of +17% (538 k€ -> 631 k€). After deducting consumption (0 €), gross margin stands at 631 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 79 k€, representing 12.5% of revenue. Positive scissor effect: EBITDA margin improves by +9.0 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 374 k€, i.e. 59.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

631 287 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

631 287 €

EBITDA (2021) ?
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

78 946 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-118 940 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

374 091 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

12.5%

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Chart evolution

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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 5%. 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 91%. 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 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 16.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

4.928%

Financial autonomy (2021) ?
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

90.967%

Cash flow / Revenue (2021) ?
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

16.757%

Repayment capacity (2021) ?
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

0.922

Asset age ratio (2021) ?
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

31.0%

Solvency indicators evolution
ETABLISSEMENTS LOUIS REMUSAT

Sector positioning

Debt ratio
4.93 2021
2019
2020
2021
Q1: 0.0
Med: 10.91
Q3: 80.72
Good -5 pts over 3 years

In 2021, the debt ratio of ETABLISSEMENTS LOUIS REMUSAT (4.93) 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
90.97% 2021
2019
2020
2021
Q1: 3.74%
Med: 15.85%
Q3: 47.36%
Excellent

In 2021, the financial autonomy of ETABLISSEMENTS LOUIS REMUSAT (91.0%) 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
0.92 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.12 years
Q3: 3.59 years
Average -7 pts over 3 years

In 2021, the repayment capacity of ETABLISSEMENTS LOUIS REMUSAT (0.92) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 858.78. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

858.777

Interest coverage (2021) ?
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

0.0

Liquidity indicators evolution
ETABLISSEMENTS LOUIS REMUSAT

Sector positioning

Liquidity ratio
858.78 2021
2019
2020
2021
Q1: 101.62
Med: 120.91
Q3: 389.23
Excellent +9 pts over 3 years

In 2021, the liquidity ratio of ETABLISSEMENTS LOUIS REMUSAT (858.78) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.0x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 3.57x
Average

In 2021, the interest coverage of ETABLISSEMENTS LOUIS REMUSAT (0.0x) 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: 84 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 32 days. The gap of 52 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 23 days of revenue, i.e. 41 k€ to permanently finance. Over 2016-2021, WCR increased by +180%, requiring additional financing.

Operating WCR (2021) ?
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

40 945 €

Customer credit (2021) ?
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

84 j

Supplier credit (2021) ?
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

32 j

Inventory turnover (2021) ?
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 (2021) ?
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

23 j

WCR and payment terms evolution
ETABLISSEMENTS LOUIS REMUSAT

Positioning of ETABLISSEMENTS LOUIS REMUSAT in its sector

Comparison with sector Administration d'immeubles et autres biens immobiliers

Valuation estimate

Based on 58 transactions of similar company sales in 2021, the value of ETABLISSEMENTS LOUIS REMUSAT is estimated at 744 993 € (range 209 697€ - 1 312 152€). With an EBITDA of 78 946€, the sector multiple of 0.6x is applied. The price/revenue ratio is 1.47x (premium 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 2021
58 tx
209k€ 744k€ 1312k€
744 993 € Range: 209 697€ - 1 312 152€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
78 946 € × 0.6x
Estimation 49 773 €
31 031€ - 96 660€
Revenue Multiple 30%
631 287 € × 1.47x
Estimation 930 122 €
171 270€ - 1 025 098€
Net Income Multiple 20%
374 091 € × 5.9x
Estimation 2 205 354 €
714 007€ - 4 781 464€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 58 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 (Administration d'immeubles et autres biens immobiliers)

Compare ETABLISSEMENTS LOUIS REMUSAT with other companies in the same sector:

Voir toutes les statistiques du secteur Administration d'immeubles et autres biens immobiliers

Frequently asked questions about ETABLISSEMENTS LOUIS REMUSAT

What is the revenue of ETABLISSEMENTS LOUIS REMUSAT ?

The revenue of ETABLISSEMENTS LOUIS REMUSAT in 2021 is 631 k€.

Is ETABLISSEMENTS LOUIS REMUSAT profitable?

Yes, ETABLISSEMENTS LOUIS REMUSAT generated a net profit of 374 k€ in 2021.

Where is the headquarters of ETABLISSEMENTS LOUIS REMUSAT ?

The headquarters of ETABLISSEMENTS LOUIS REMUSAT is located in MARSEILLE (13008), in the department Bouches-du-Rhone.

Where to find the tax return of ETABLISSEMENTS LOUIS REMUSAT ?

The tax return of ETABLISSEMENTS LOUIS REMUSAT 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 ETABLISSEMENTS LOUIS REMUSAT operate?

ETABLISSEMENTS LOUIS REMUSAT operates in the sector Administration d'immeubles et autres biens immobiliers (NAF code 68.32A). See the 'Sector positioning' section above to compare the company with its competitors.