SIREN : 521087288
FREE BIKES is a French company founded 16 years ago, specialized in the sector Commerce et réparation de motocycles. Based in BOUAYE (44830), this company of category PME shows in 2023 a revenue of 1.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 311 135 € | 1 237 857 € | 1 151 019 € | 736 250 € | 689 615 € | 676 508 € | 650 224 € | 826 378 € |
| Net income | 41 355 € | 58 324 € | 51 373 € | 30 432 € | 35 695 € | -25 083 € | 5 850 € | -7 047 € |
| EBITDA | 65 840 € | 79 986 € | 75 801 € | 39 861 € | 42 680 € | -20 885 € | 10 903 € | -3 664 € |
| Net margin | 3.2% | 4.7% | 4.5% | 4.1% | 5.2% | -3.7% | 0.9% | -0.9% |
In 2023, FREE BIKES achieves revenue of 1.3 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +6.8%. Vs 2022: +6%. After deducting consumption (878 k€), gross margin stands at 433 k€, i.e. a rate of 33%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 66 k€, representing 5.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 41 k€, i.e. 3.2% of revenue. This profit can be retained or distributed to shareholders.
1 311 135 €
432 747 €
65 840 €
54 792 €
41 355 €
5.0%
The debt ratio (= Financial debt / Equity x 100) stands at 112%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 4.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
112.231%
28.057%
3.952%
3.215
50.5%
In 2023, the debt ratio of FREE BIKES (112.23) 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 BIKES (28.1%) 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 BIKES (3.21) 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 214.33. 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 7.3x. Operating income very largely covers interest expenses: high safety margin.
214.334
7.344
In 2023, the liquidity ratio of FREE BIKES (214.33) 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 BIKES (7.3x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 6 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. Excellent situation: suppliers finance 43 days of the operating cycle (retail model). Inventory turnover is 83 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 76 days of revenue, i.e. 278 k€ to permanently finance. Over 2016-2023, WCR increased by +191%, requiring additional financing.
278 262 €
6 j
49 j
83 j
76 j
Based on 137 transactions of similar company sales (all years), the value of FREE BIKES is estimated at 184 995 € (range 96 492€ - 382 217€). With an EBITDA of 65 840€, 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 BIKES with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce et réparation de motocycles
The revenue of FREE BIKES in 2023 is 1.3 M€.
Yes, FREE BIKES generated a net profit of 41 k€ in 2023.
The headquarters of FREE BIKES is located in BOUAYE (44830), in the department Loire-Atlantique.
The tax return of FREE BIKES 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 BIKES 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.