FINEST MUSICAL INSTRUMENTS : revenue, balance sheet and financial ratios

FINEST MUSICAL INSTRUMENTS is a French company founded 14 years ago, specialized in the sector Commerce de détail d'autres équipements du foyer. Based in ENGHIEN-LES-BAINS (95880), this company of category PME shows in 2023 a revenue of 624 k€. 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 - FINEST MUSICAL INSTRUMENTS (SIREN 539127589)
Indicator 2023 2021 2019 2016 2015
Revenue 623 748 € 667 898 € 368 887 € 343 018 € 320 832 €
Net income 40 612 € 91 569 € 2 928 € 73 753 € 4 740 €
EBITDA 55 330 € 138 375 € 6 013 € 94 800 € 7 450 €
Net margin 6.5% 13.7% 0.8% 21.5% 1.5%

Revenue and income statement

In 2023, FINEST MUSICAL INSTRUMENTS achieves revenue of 624 k€. Over the period 2015-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +8.7%. Slight decline of -7% vs 2021. After deducting consumption (468 k€), gross margin stands at 156 k€, i.e. a rate of 25%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 55 k€, representing 8.9% of revenue. Warning negative scissor effect: despite revenue change (-7%), EBITDA varies by -60%, reducing margin by 11.8 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 41 k€, i.e. 6.5% 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

623 748 €

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

155 894 €

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

55 330 €

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

48 610 €

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

40 612 €

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

8.9%

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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 4%. 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 87%. 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 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.6% 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

3.531%

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

86.663%

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

7.567%

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

0.161

Asset age ratio (2023) ?
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

35.1%

Solvency indicators evolution
FINEST MUSICAL INSTRUMENTS

Sector positioning

Debt ratio
3.53 2023
2019
2021
2023
Q1: 1.26
Med: 26.74
Q3: 88.76
Good

In 2023, the debt ratio of FINEST MUSICAL INSTRUMENTS (3.53) 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
86.66% 2023
2019
2021
2023
Q1: 11.05%
Med: 33.42%
Q3: 56.72%
Excellent

In 2023, the financial autonomy of FINEST MUSICAL INSTRUMENTS (86.7%) 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
0.16 years 2023
2019
2021
2023
Q1: 0.0 years
Med: 0.35 years
Q3: 2.63 years
Good +11 pts over 3 years

In 2023, the repayment capacity of FINEST MUSICAL INSTRUMENTS (0.16) 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 936.76. 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

936.756

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

0.0

Liquidity indicators evolution
FINEST MUSICAL INSTRUMENTS

Sector positioning

Liquidity ratio
936.76 2023
2019
2021
2023
Q1: 146.53
Med: 221.85
Q3: 356.5
Excellent

In 2023, the liquidity ratio of FINEST MUSICAL INSTRUMENTS (936.76) 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 2023
2019
2021
2023
Q1: 0.0x
Med: 0.18x
Q3: 3.7x
Average

In 2023, the interest coverage of FINEST MUSICAL INSTRUMENTS (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. Inventory turnover is 57 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 31 days of revenue, i.e. 54 k€ to permanently finance. Over 2015-2023, WCR increased by +81%, requiring additional financing.

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

54 141 €

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

0 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

0 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

57 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

31 j

WCR and payment terms evolution
FINEST MUSICAL INSTRUMENTS

Positioning of FINEST MUSICAL INSTRUMENTS in its sector

Comparison with sector Commerce de détail d'autres équipements du foyer

Valuation estimate

Based on 55 transactions of similar company sales in 2023, the value of FINEST MUSICAL INSTRUMENTS is estimated at 138 438 € (range 68 625€ - 266 673€). With an EBITDA of 55 330€, the sector multiple of 2.8x is applied. The price/revenue ratio is 0.20x (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 2023
55 tx
68k€ 138k€ 266k€
138 438 € Range: 68 625€ - 266 673€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
55 330 € × 2.8x
Estimation 155 425 €
73 284€ - 294 692€
Revenue Multiple 30%
623 748 € × 0.20x
Estimation 123 203 €
75 821€ - 195 450€
Net Income Multiple 20%
40 612 € × 2.9x
Estimation 118 825 €
46 186€ - 303 461€

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 (Commerce de détail d'autres équipements du foyer)

Compare FINEST MUSICAL INSTRUMENTS with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail d'autres équipements du foyer

Frequently asked questions about FINEST MUSICAL INSTRUMENTS

What is the revenue of FINEST MUSICAL INSTRUMENTS ?

The revenue of FINEST MUSICAL INSTRUMENTS in 2023 is 624 k€.

Is FINEST MUSICAL INSTRUMENTS profitable?

Yes, FINEST MUSICAL INSTRUMENTS generated a net profit of 41 k€ in 2023.

Where is the headquarters of FINEST MUSICAL INSTRUMENTS ?

The headquarters of FINEST MUSICAL INSTRUMENTS is located in ENGHIEN-LES-BAINS (95880), in the department Val-d'Oise.

Where to find the tax return of FINEST MUSICAL INSTRUMENTS ?

The tax return of FINEST MUSICAL INSTRUMENTS 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 FINEST MUSICAL INSTRUMENTS operate?

FINEST MUSICAL INSTRUMENTS operates in the sector Commerce de détail d'autres équipements du foyer (NAF code 47.59B). See the 'Sector positioning' section above to compare the company with its competitors.