SIREN : 339369084
FREE BIKE is a French company founded 40 years ago, specialized in the sector Commerce et réparation de motocycles. Based in MULHOUSE (68200), this company of category PME shows in 2023 a revenue of 4.7 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 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 4 748 499 € | 4 476 510 € | 3 886 421 € | 3 731 194 € | 4 308 200 € |
| Net income | 200 754 € | 251 221 € | 100 222 € | -582 354 € | -68 399 € |
| EBITDA | 299 624 € | 383 142 € | 115 495 € | 107 569 € | 41 288 € |
| Net margin | 4.2% | 5.6% | 2.6% | -15.6% | -1.6% |
In 2023, FREE BIKE achieves revenue of 4.7 M€. Revenue is growing positively over 5 years (CAGR: +2.5%). Vs 2022: +6%. After deducting consumption (3.6 M€), gross margin stands at 1.2 M€, i.e. a rate of 24%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 300 k€, representing 6.3% of revenue. Warning negative scissor effect: despite revenue change (+6%), EBITDA varies by -22%, reducing margin by 2.2 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 201 k€, i.e. 4.2% of revenue. This profit can be retained or distributed to shareholders.
4 748 499 €
1 150 514 €
299 624 €
271 767 €
200 754 €
6.3%
The debt ratio (= Financial debt / Equity x 100) stands at 102%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 29%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 4.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
102.23%
29.268%
4.655%
3.329
21.0%
In 2023, the debt ratio of FREE BIKE (102.23) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of FREE BIKE (29.3%) 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 2023, the repayment capacity of FREE BIKE (3.33) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 204.06. 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 23.3x. Operating income very largely covers interest expenses: high safety margin.
204.059
23.277
In 2023, the liquidity ratio of FREE BIKE (204.06) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2023, the interest coverage of FREE BIKE (23.3x) 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: 2 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 81 days. Excellent situation: suppliers finance 79 days of the operating cycle (retail model). Inventory turnover is 165 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 160 days of revenue, i.e. 2.1 M€ to permanently finance. Over 2019-2023, WCR increased by +57%, requiring additional financing.
2 112 797 €
2 j
81 j
165 j
160 j
Based on 137 transactions of similar company sales (all years), the value of FREE BIKE is estimated at 786 107 € (range 407 183€ - 1 658 599€). With an EBITDA of 299 624€, the sector multiple of 2.9x is applied. The price/revenue ratio is 0.17x (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 137 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 FREE BIKE with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce et réparation de motocycles
The revenue of FREE BIKE in 2023 is 4.7 M€.
Yes, FREE BIKE generated a net profit of 201 k€ in 2023.
The headquarters of FREE BIKE is located in MULHOUSE (68200), in the department Haut-Rhin.
The tax return of FREE BIKE 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).
FREE BIKE operates in the sector Commerce et réparation de motocycles (NAF code 45.40Z). See the 'Sector positioning' section above to compare the company with its competitors.