ETABLISSEMENTS VANDELLE ET MONTALTI : revenue, balance sheet and financial ratios

ETABLISSEMENTS VANDELLE ET MONTALTI is a French company founded 55 years ago, specialized in the sector Commerces de détail de charbons et combustibles. Based in MORBIER (39400), this company of category PME shows in 2023 a revenue of 1.6 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 - ETABLISSEMENTS VANDELLE ET MONTALTI (SIREN 647150341)
Indicator 2023 2022 2020 2019 2018 2017
Revenue 1 583 656 € 1 423 511 € 1 453 750 € 1 498 638 € 1 370 687 € 1 313 789 €
Net income 97 019 € 28 139 € -22 402 € -41 933 € 11 405 € 5 159 €
EBITDA 118 130 € 50 932 € 8 445 € -13 476 € 17 624 € 15 898 €
Net margin 6.1% 2.0% -1.5% -2.8% 0.8% 0.4%

Revenue and income statement

In 2023, ETABLISSEMENTS VANDELLE ET MONTALTI achieves revenue of 1.6 M€. Revenue is growing positively over 6 years (CAGR: +3.2%). Vs 2022, growth of +11% (1.4 M€ -> 1.6 M€). After deducting consumption (1.3 M€), gross margin stands at 300 k€, i.e. a rate of 19%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 118 k€, representing 7.5% of revenue. Positive scissor effect: EBITDA margin improves by +3.9 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 97 k€, i.e. 6.1% of revenue. This profit can be retained or distributed to shareholders.

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

1 583 656 €

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

299 500 €

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

118 130 €

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

96 747 €

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

97 019 €

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

7.5%

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 16%. 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 39%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

15.851%

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

39.316%

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

7.472%

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

0.216

Solvency indicators evolution
ETABLISSEMENTS VANDELLE ET MONTALTI

Sector positioning

Debt ratio
15.85 2023
2020
2022
2023
Q1: 5.45
Med: 21.84
Q3: 56.4
Good -34 pts over 3 years

In 2023, the debt ratio of ETABLISSEMENTS VANDELLE E... (15.85) 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
39.32% 2023
2020
2022
2023
Q1: 27.58%
Med: 46.12%
Q3: 58.97%
Average +16 pts over 3 years

In 2023, the financial autonomy of ETABLISSEMENTS VANDELLE E... (39.3%) 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
0.22 years 2023
2020
2022
2023
Q1: 0.0 years
Med: 0.76 years
Q3: 2.13 years
Good -56 pts over 3 years

In 2023, the repayment capacity of ETABLISSEMENTS VANDELLE E... (0.22) 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 177.04. 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

177.042

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

-0.14

Liquidity indicators evolution
ETABLISSEMENTS VANDELLE ET MONTALTI

Sector positioning

Liquidity ratio
177.04 2023
2020
2022
2023
Q1: 145.03
Med: 201.25
Q3: 302.95
Average +14 pts over 3 years

In 2023, the liquidity ratio of ETABLISSEMENTS VANDELLE E... (177.04) 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.

Interest coverage
-0.14x 2023
2020
2022
2023
Q1: 0.0x
Med: 0.69x
Q3: 3.82x
Average -51 pts over 3 years

In 2023, the interest coverage of ETABLISSEMENTS VANDELLE E... (-0.1x) 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: 22 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. Favorable situation: supplier credit is longer than customer credit by 26 days. Inventory turnover is 11 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 32 days of revenue, i.e. 142 k€ to permanently finance. Notable WCR improvement over the period (-21%), 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

141 626 €

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

22 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

48 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

11 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

32 j

WCR and payment terms evolution
ETABLISSEMENTS VANDELLE ET MONTALTI

Positioning of ETABLISSEMENTS VANDELLE ET MONTALTI in its sector

Comparison with sector Commerces de détail de charbons et combustibles

Valuation estimate

Based on 100 transactions of similar company sales in 2023, the value of ETABLISSEMENTS VANDELLE ET MONTALTI is estimated at 506 749 € (range 258 108€ - 1 052 955€). With an EBITDA of 118 130€, the sector multiple of 3.9x is applied. The price/revenue ratio is 0.42x (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
100 transactions
258k€ 506k€ 1052k€
506 749 € Range: 258 108€ - 1 052 955€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
118 130 € × 3.9x
Estimation 455 134 €
208 992€ - 980 913€
Revenue Multiple 30%
1 583 656 € × 0.42x
Estimation 660 599 €
382 308€ - 1 261 340€
Net Income Multiple 20%
97 019 € × 4.2x
Estimation 405 015 €
194 598€ - 920 484€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 100 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 (Commerces de détail de charbons et combustibles)

Compare ETABLISSEMENTS VANDELLE ET MONTALTI with other companies in the same sector:

Voir toutes les statistiques du secteur Commerces de détail de charbons et combustibles

Frequently asked questions about ETABLISSEMENTS VANDELLE ET MONTALTI

What is the revenue of ETABLISSEMENTS VANDELLE ET MONTALTI ?

The revenue of ETABLISSEMENTS VANDELLE ET MONTALTI in 2023 is 1.6 M€.

Is ETABLISSEMENTS VANDELLE ET MONTALTI profitable?

Yes, ETABLISSEMENTS VANDELLE ET MONTALTI generated a net profit of 97 k€ in 2023.

Where is the headquarters of ETABLISSEMENTS VANDELLE ET MONTALTI ?

The headquarters of ETABLISSEMENTS VANDELLE ET MONTALTI is located in MORBIER (39400), in the department Jura.

Where to find the tax return of ETABLISSEMENTS VANDELLE ET MONTALTI ?

The tax return of ETABLISSEMENTS VANDELLE ET MONTALTI 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 VANDELLE ET MONTALTI operate?

ETABLISSEMENTS VANDELLE ET MONTALTI operates in the sector Commerces de détail de charbons et combustibles (NAF code 47.78B). See the 'Sector positioning' section above to compare the company with its competitors.