SIREN : 344600176
FISH CONNECTION is a French company founded 38 years ago, specialized in the sector Fabrication d'articles de sport. Based in MOURS-SAINT-EUSEBE (26540), this company of category ETI shows in 2024 a revenue of 1.9 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 896 216 € | 1 940 310 € | 1 834 625 € | 1 674 908 € | 1 191 222 € | 772 940 € | 1 274 008 € | 1 234 250 € | 1 623 685 € |
| Net income | 47 413 € | 44 956 € | 23 102 € | 1 257 € | 17 847 € | -181 625 € | -221 584 € | -143 069 € | -117 909 € |
| EBITDA | 82 904 € | 97 678 € | 50 618 € | 31 928 € | 19 426 € | -148 305 € | -208 869 € | -68 394 € | -61 533 € |
| Net margin | 2.5% | 2.3% | 1.3% | 0.1% | 1.5% | -23.5% | -17.4% | -11.6% | -7.3% |
In 2024, FISH CONNECTION achieves revenue of 1.9 M€. Revenue is growing positively over 9 years (CAGR: +2.0%). Slight decline of -2% vs 2023. After deducting consumption (1.1 M€), gross margin stands at 773 k€, i.e. a rate of 41%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 83 k€, representing 4.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 47 k€, i.e. 2.5% of revenue. This profit can be retained or distributed to shareholders.
1 896 216 €
772 598 €
82 904 €
92 178 €
47 413 €
4.4%
The debt ratio (= Financial debt / Equity x 100) stands at 253%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 14.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 3.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
252.964%
23.715%
3.188%
14.513
5.6%
In 2024, the debt ratio of FISH CONNECTION (252.96) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of FISH CONNECTION (23.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of FISH CONNECTION (14.51) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 599.83. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 55.3x. Operating income very largely covers interest expenses: high safety margin.
599.834
55.278
In 2024, the liquidity ratio of FISH CONNECTION (599.83) 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.
In 2024, the interest coverage of FISH CONNECTION (55.3x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 40 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 23 days. The company must finance 17 days of gap between collections and payments. Inventory turnover is 185 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 237 days of revenue, i.e. 1.3 M€ to permanently finance. Over 2016-2024, WCR increased by +80%, requiring additional financing.
1 250 611 €
40 j
23 j
185 j
237 j
Based on 101 transactions of similar company sales (all years), the value of FISH CONNECTION is estimated at 265 636 € (range 100 745€ - 491 019€). With an EBITDA of 82 904€, the sector multiple of 2.5x is applied. The price/revenue ratio is 0.24x (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.
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This estimate is based on the analysis of 101 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare FISH CONNECTION with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'articles de sport
The revenue of FISH CONNECTION in 2024 is 1.9 M€.
Yes, FISH CONNECTION generated a net profit of 47 k€ in 2024.
The headquarters of FISH CONNECTION is located in MOURS-SAINT-EUSEBE (26540), in the department Drome.
The tax return of FISH CONNECTION 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).
FISH CONNECTION operates in the sector Fabrication d'articles de sport (NAF code 32.30Z). See the 'Sector positioning' section above to compare the company with its competitors.