Employees: NN (None)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 1997-02-01 (29 years)Status: ActiveBusiness sector: Autres activités liées au sportLocation: LES MATHES (17570), Charente-Maritime
EUROP HORSES SERVICES : revenue, balance sheet and financial ratios
EUROP HORSES SERVICES is a French company
founded 29 years ago,
specialized in the sector Autres activités liées au sport.
Based in LES MATHES (17570),
this company of category PME
shows in 2021 a revenue of 77 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - EUROP HORSES SERVICES (SIREN 411134539)
Indicator
2021
2020
2019
2018
2017
2016
Revenue
77 203 €
N/C
N/C
2 659 425 €
2 638 919 €
2 388 916 €
Net income
-23 652 €
-541 688 €
-340 971 €
82 883 €
287 052 €
222 619 €
EBITDA
-99 552 €
N/C
N/C
-1 000 286 €
-790 350 €
-866 747 €
Net margin
-30.6%
N/C
N/C
3.1%
10.9%
9.3%
Revenue and income statement
In 2021, EUROP HORSES SERVICES achieves revenue of 77 k€. Revenue is declining over the period 2016-2021 (CAGR: -49.7%). After deducting consumption (31 k€), gross margin stands at 46 k€, i.e. a rate of 60%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -100 k€, representing -128.9% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -24 k€ (-30.6% of revenue), which will impact equity.
Revenue (2021)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
77 203 €
Gross margin (2021)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
46 423 €
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
-99 552 €
EBIT (2021)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
-57 513 €
Net income (2021)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-23 652 €
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
-127.7%
Loading income statement...
Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
Loading data...
Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
Loading data...
Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 8%. 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 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
7.735%
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
91.035%
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
-70.95%
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
-0.649
Asset age ratio (2021)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
Debt ratio
4.129
2.715
4.374
8.107
5.659
7.735
Financial autonomy
64.204
68.28
70.284
63.607
47.533
91.035
Repayment capacity
0.211
0.126
0.709
None
None
-0.649
Cash flow / Revenue
8.893%
10.98%
3.252%
None%
None%
-70.95%
Sector positioning
Debt ratio
7.742021
2019
2020
2021
Q1: -6.13
Med: 6.5
Q3: 107.83
Average
In 2021, the debt ratio of EUROP HORSES SERVICES (7.74) 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
91.03%2021
2019
2020
2021
Q1: 0.06%
Med: 27.91%
Q3: 62.9%
Excellent
In 2021, the financial autonomy of EUROP HORSES SERVICES (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
-0.65 years2021
2021
Q1: -0.56 years
Med: 0.0 years
Q3: 0.99 years
Excellent
In 2021, the repayment capacity of EUROP HORSES SERVICES (-0.65) 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 4933.48. 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
4933.479
Interest coverage (2021)
?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
Liquidity ratio
287.345
321.037
358.406
305.778
199.106
4933.479
Interest coverage
0.0
0.0
0.0
None
None
0.0
Sector positioning
Liquidity ratio
4933.482021
2019
2020
2021
Q1: 76.34
Med: 191.27
Q3: 424.33
Excellent+7 pts over 3 years
In 2021, the liquidity ratio of EUROP HORSES SERVICES (4933.48) 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
0.0x2021
2021
Q1: 0.0x
Med: 0.0x
Q3: 0.57x
Average
In 2021, the interest coverage of EUROP HORSES SERVICES (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: 114 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 15 days. The gap of 99 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 103 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 621 days of revenue, i.e. 133 k€ to permanently finance. Over 2016-2021, WCR increased by +99%, 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
133 240 €
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
114 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
15 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
103 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
621 j
WCR and payment terms evolution EUROP HORSES SERVICES
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
Operating WCR
66 890 €
56 341 €
225 253 €
0 €
0 €
133 240 €
Inventory turnover (days)
3
1
2
0
0
103
Customer payment term (days)
67
57
57
0
0
114
Supplier payment term (days)
17
15
12
0
0
15
Positioning of EUROP HORSES SERVICES in its sector
Comparison with sector Autres activités liées au sport
Valuation estimate
Based on 161 transactions of similar company sales
(all years),
the value of EUROP HORSES SERVICES is estimated at
47 846 €
(range 23 943€ - 77 018€).
The price/revenue ratio is 0.62x
(in line with sector norms).
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 value2021
161 transactions
23k€47k€77k€
47 846 €Range: 23 943€ - 77 018€
NAF 4 all-time
Aggregated at NAF sub-class level
Valuation method used
Revenue Multiple
77 203 €
×
0.62x
=47 847 €
Range: 23 944€ - 77 019€
Only this financial indicator is available for this company.
How is this estimate calculated?
This estimate is based on the analysis of 161 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 (Autres activités liées au sport)
Compare EUROP HORSES SERVICES with other companies in the same sector:
Frequently asked questions about EUROP HORSES SERVICES
What is the revenue of EUROP HORSES SERVICES ?
The revenue of EUROP HORSES SERVICES in 2021 is 77 k€.
Is EUROP HORSES SERVICES profitable?
EUROP HORSES SERVICES recorded a net loss in 2021.
Where is the headquarters of EUROP HORSES SERVICES ?
The headquarters of EUROP HORSES SERVICES is located in LES MATHES (17570), in the department Charente-Maritime.
Where to find the tax return of EUROP HORSES SERVICES ?
The tax return of EUROP HORSES SERVICES 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 EUROP HORSES SERVICES operate?
EUROP HORSES SERVICES operates in the sector Autres activités liées au sport (NAF code 93.19Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
Rotate your phone to landscape mode to view the chart