ETOILE 90 SERVICES SAS : revenue, balance sheet and financial ratios

ETOILE 90 SERVICES SAS is a French company founded 19 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in DENNEY (90160), this company of category ETI shows in 2024 a revenue of 41.3 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

Financial history - ETOILE 90 SERVICES SAS (SIREN 497528950)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 41 300 684 € 39 442 351 € 37 145 000 € 34 741 976 € 57 174 886 € 58 089 364 € 55 556 798 € 44 175 184 € 43 223 719 €
Net income -509 232 € 160 161 € 576 234 € 121 995 € 569 107 € 794 999 € 549 399 € 700 420 € 690 451 €
EBITDA -300 510 € 661 960 € 802 926 € 516 273 € 945 302 € 979 937 € 694 788 € 407 700 € 768 021 €
Net margin -1.2% 0.4% 1.6% 0.4% 1.0% 1.4% 1.0% 1.6% 1.6%

Revenue and income statement

In 2024, ETOILE 90 SERVICES SAS achieves revenue of 41.3 M€. Activity remains stable over the period (CAGR: -0.6%). Vs 2023: +5%. After deducting consumption (35.3 M€), gross margin stands at 6.0 M€, i.e. a rate of 14%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -301 k€, representing -0.7% of revenue. Warning negative scissor effect: despite revenue change (+5%), EBITDA varies by -145%, reducing margin by 2.4 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -509 k€ (-1.2% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

41 300 684 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

5 953 459 €

EBITDA (2024) ?
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

-300 510 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-270 517 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-509 232 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-0.7%

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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 74%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

73.73%

Financial autonomy (2024) ?
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

10.442%

Cash flow / Revenue (2024) ?
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

-1.262%

Repayment capacity (2024) ?
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

-2.849

Asset age ratio (2024) ?
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

65.4%

Solvency indicators evolution
ETOILE 90 SERVICES SAS

Sector positioning

Debt ratio
73.73 2024
2022
2023
2024
Q1: 4.07
Med: 38.27
Q3: 128.18
Average +8 pts over 3 years

In 2024, the debt ratio of ETOILE 90 SERVICES SAS (73.73) 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
10.44% 2024
2022
2023
2024
Q1: 10.8%
Med: 27.27%
Q3: 53.17%
Average -13 pts over 3 years

In 2024, the financial autonomy of ETOILE 90 SERVICES SAS (10.4%) 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
-2.85 years 2024
2022
2023
2024
Q1: -0.37 years
Med: 0.21 years
Q3: 3.53 years
Excellent -31 pts over 3 years

In 2024, the repayment capacity of ETOILE 90 SERVICES SAS (-2.85) 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 107.15. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

107.153

Interest coverage (2024) ?
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

-152.517

Liquidity indicators evolution
ETOILE 90 SERVICES SAS

Sector positioning

Liquidity ratio
107.15 2024
2022
2023
2024
Q1: 133.15
Med: 200.63
Q3: 386.16
Watch

In 2024, the liquidity ratio of ETOILE 90 SERVICES SAS (107.15) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-152.52x 2024
2022
2023
2024
Q1: 0.0x
Med: 2.15x
Q3: 25.16x
Average -50 pts over 3 years

In 2024, the interest coverage of ETOILE 90 SERVICES SAS (-152.5x) 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: 29 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 87 days. Excellent situation: suppliers finance 58 days of the operating cycle (retail model). Inventory turnover is 96 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 88 days of revenue, i.e. 10.1 M€ to permanently finance. Over 2016-2024, WCR increased by +24%, requiring additional financing.

Operating WCR (2024) ?
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

10 131 058 €

Customer credit (2024) ?
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

29 j

Supplier credit (2024) ?
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

87 j

Inventory turnover (2024) ?
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

96 j

WCR in days of revenue (2024) ?
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

88 j

WCR and payment terms evolution
ETOILE 90 SERVICES SAS

Positioning of ETOILE 90 SERVICES SAS in its sector

Comparison with sector Commerce de voitures et de véhicules automobiles légers

Valuation estimate

Based on 148 transactions of similar company sales in 2024, the value of ETOILE 90 SERVICES SAS is estimated at 6 624 739 € (range 3 025 616€ - 11 689 391€). The price/revenue ratio is 0.16x (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 2024
148 transactions
3025k€ 6624k€ 11689k€
6 624 739 € Range: 3 025 616€ - 11 689 391€
NAF 5 année 2024

Valuation method used

Revenue Multiple
41 300 684 € × 0.16x = 6 624 740 €
Range: 3 025 616€ - 11 689 392€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 148 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 voitures et de véhicules automobiles légers)

Compare ETOILE 90 SERVICES SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers

Frequently asked questions about ETOILE 90 SERVICES SAS

What is the revenue of ETOILE 90 SERVICES SAS ?

The revenue of ETOILE 90 SERVICES SAS in 2024 is 41.3 M€.

Is ETOILE 90 SERVICES SAS profitable?

ETOILE 90 SERVICES SAS recorded a net loss in 2024.

Where is the headquarters of ETOILE 90 SERVICES SAS ?

The headquarters of ETOILE 90 SERVICES SAS is located in DENNEY (90160), in the department Territoire de Belfort.

Where to find the tax return of ETOILE 90 SERVICES SAS ?

The tax return of ETOILE 90 SERVICES 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).

In which sector does ETOILE 90 SERVICES SAS operate?

ETOILE 90 SERVICES SAS operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.