FLK DEVELOPPEMENT : revenue, balance sheet and financial ratios

FLK DEVELOPPEMENT is a French company founded 17 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in LUDRES (54710), this company of category PME shows in 2022 a revenue of 1.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-11

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - FLK DEVELOPPEMENT (SIREN 505137968)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 1 119 422 € 1 121 180 € 1 190 599 € 1 330 358 € 1 282 553 € 1 124 532 € 1 016 476 €
Net income 64 192 € 131 500 € 242 204 € 138 757 € 68 461 € 62 301 € 80 881 €
EBITDA 13 721 € 155 627 € 349 405 € 230 030 € 70 547 € 64 530 € 82 319 €
Net margin 5.7% 11.7% 20.3% 10.4% 5.3% 5.5% 8.0%

Revenue and income statement

In 2022, FLK DEVELOPPEMENT achieves revenue of 1.1 M€. Revenue is growing positively over 7 years (CAGR: +1.6%). Slight decline of -0% vs 2021. After deducting consumption (50 k€), gross margin stands at 1.1 M€, i.e. a rate of 96%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 14 k€, representing 1.2% of revenue. Warning negative scissor effect: despite revenue change (-0%), EBITDA varies by -91%, reducing margin by 12.7 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 64 k€, i.e. 5.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 119 422 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 069 767 €

EBITDA (2022) ?
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

13 721 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

74 087 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

64 192 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.0%

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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 84%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 34%. The balance between equity and debt is satisfactory.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

84.136%

Financial autonomy (2022) ?
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

34.183%

Cash flow / Revenue (2022) ?
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

-0.27%

Repayment capacity (2022) ?
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

-84.57

Asset age ratio (2022) ?
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

16.1%

Solvency indicators evolution
FLK DEVELOPPEMENT

Sector positioning

Debt ratio
84.14 2022
2020
2021
2022
Q1: 5.78
Med: 34.8
Q3: 103.87
Average +13 pts over 3 years

In 2022, the debt ratio of FLK DEVELOPPEMENT (84.14) 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
34.18% 2022
2020
2021
2022
Q1: 19.46%
Med: 40.5%
Q3: 59.7%
Average -9 pts over 3 years

In 2022, the financial autonomy of FLK DEVELOPPEMENT (34.2%) 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
-84.57 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.88 years
Q3: 3.06 years
Excellent -35 pts over 3 years

In 2022, the repayment capacity of FLK DEVELOPPEMENT (-84.57) 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 269.47. 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 11.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2022) ?
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

269.467

Interest coverage (2022) ?
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

11.246

Liquidity indicators evolution
FLK DEVELOPPEMENT

Sector positioning

Liquidity ratio
269.47 2022
2020
2021
2022
Q1: 136.98
Med: 204.26
Q3: 300.27
Good

In 2022, the liquidity ratio of FLK DEVELOPPEMENT (269.47) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
11.25x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.82x
Q3: 3.72x
Excellent +24 pts over 3 years

In 2022, the interest coverage of FLK DEVELOPPEMENT (11.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 126 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. The gap of 78 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 175 days of revenue, i.e. 544 k€ to permanently finance. Over 2016-2022, WCR increased by +147%, requiring additional financing.

Operating WCR (2022) ?
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

544 185 €

Customer credit (2022) ?
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

126 j

Supplier credit (2022) ?
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 (2022) ?
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

0 j

WCR in days of revenue (2022) ?
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

175 j

WCR and payment terms evolution
FLK DEVELOPPEMENT

Positioning of FLK DEVELOPPEMENT in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Valuation estimate

Based on 130 transactions of similar company sales in 2022, the value of FLK DEVELOPPEMENT is estimated at 188 331 € (range 94 928€ - 354 889€). With an EBITDA of 13 721€, the sector multiple of 3.9x is applied. The price/revenue ratio is 0.31x (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 2022
130 transactions
94k€ 188k€ 354k€
188 331 € Range: 94 928€ - 354 889€
NAF 5 année 2022

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
13 721 € × 3.9x
Estimation 52 841 €
27 701€ - 101 887€
Revenue Multiple 30%
1 119 422 € × 0.31x
Estimation 344 778 €
191 778€ - 691 173€
Net Income Multiple 20%
64 192 € × 4.6x
Estimation 292 387 €
117 723€ - 482 969€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 130 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 (Entretien et réparation de véhicules automobiles légers)

Compare FLK DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Entretien et réparation de véhicules automobiles légers

Frequently asked questions about FLK DEVELOPPEMENT

What is the revenue of FLK DEVELOPPEMENT ?

The revenue of FLK DEVELOPPEMENT in 2022 is 1.1 M€.

Is FLK DEVELOPPEMENT profitable?

Yes, FLK DEVELOPPEMENT generated a net profit of 64 k€ in 2022.

Where is the headquarters of FLK DEVELOPPEMENT ?

The headquarters of FLK DEVELOPPEMENT is located in LUDRES (54710), in the department Meurthe-et-Moselle.

Where to find the tax return of FLK DEVELOPPEMENT ?

The tax return of FLK DEVELOPPEMENT 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 FLK DEVELOPPEMENT operate?

FLK DEVELOPPEMENT operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.