FREE DOLPHIN ENTERTAINMENT : revenue, balance sheet and financial ratios

FREE DOLPHIN ENTERTAINMENT is a French company founded 30 years ago, specialized in the sector Distribution de films cinématographiques. Based in PARIS (75015), this company of category PME shows in 2019 a revenue of 3.1 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

Financial history - FREE DOLPHIN ENTERTAINMENT (SIREN 401066543)
Indicator 2019 2018 2017 2016
Revenue 3 086 919 € 2 967 471 € 2 330 022 € 2 834 531 €
Net income 151 752 € 178 121 € 158 124 € 255 519 €
EBITDA 2 128 342 € 1 691 886 € 1 137 623 € 1 347 869 €
Net margin 4.9% 6.0% 6.8% 9.0%

Revenue and income statement

In 2019, FREE DOLPHIN ENTERTAINMENT achieves revenue of 3.1 M€. Revenue is growing positively over 4 years (CAGR: +2.9%). Vs 2018: +4%. After deducting consumption (8 k€), gross margin stands at 3.1 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.1 M€, representing 68.9% of revenue. Positive scissor effect: EBITDA margin improves by +11.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 152 k€, i.e. 4.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 086 919 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 079 205 €

EBITDA (2019) ?
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

2 128 342 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

303 635 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

151 752 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

68.9%

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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 71%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 38%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 58.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

70.942%

Financial autonomy (2019) ?
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

37.887%

Cash flow / Revenue (2019) ?
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

58.833%

Repayment capacity (2019) ?
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

0.349

Asset age ratio (2019) ?
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

19.4%

Solvency indicators evolution
FREE DOLPHIN ENTERTAINMENT

Sector positioning

Debt ratio
70.94 2019
2017
2018
2019
Q1: 0.0
Med: 0.47
Q3: 61.11
Average

In 2019, the debt ratio of FREE DOLPHIN ENTERTAINMENT (70.94) 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
37.89% 2019
2017
2018
2019
Q1: 0.0%
Med: 23.69%
Q3: 43.2%
Good

In 2019, the financial autonomy of FREE DOLPHIN ENTERTAINMENT (37.9%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.35 years 2019
2017
2018
2019
Q1: 0.0 years
Med: 0.03 years
Q3: 1.43 years
Average +31 pts over 3 years

In 2019, the repayment capacity of FREE DOLPHIN ENTERTAINMENT (0.35) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 166.05. 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 2.7x. Financial charges are adequately covered by operations.

Liquidity ratio (2019) ?
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

166.049

Interest coverage (2019) ?
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

2.671

Liquidity indicators evolution
FREE DOLPHIN ENTERTAINMENT

Sector positioning

Liquidity ratio
166.05 2019
2017
2018
2019
Q1: 82.81
Med: 124.76
Q3: 217.68
Good +7 pts over 3 years

In 2019, the liquidity ratio of FREE DOLPHIN ENTERTAINMENT (166.05) 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
2.67x 2019
2017
2018
2019
Q1: 0.0x
Med: 0.01x
Q3: 1.99x
Excellent

In 2019, the interest coverage of FREE DOLPHIN ENTERTAINMENT (2.7x) 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: 321 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 831 days. Excellent situation: suppliers finance 510 days of the operating cycle (retail model). Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 429 days of revenue, i.e. 3.7 M€ to permanently finance. Over 2016-2019, WCR increased by +238%, requiring additional financing.

Operating WCR (2019) ?
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

3 676 057 €

Customer credit (2019) ?
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

321 j

Supplier credit (2019) ?
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

831 j

Inventory turnover (2019) ?
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

2 j

WCR in days of revenue (2019) ?
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

429 j

WCR and payment terms evolution
FREE DOLPHIN ENTERTAINMENT

Positioning of FREE DOLPHIN ENTERTAINMENT in its sector

Comparison with sector Distribution de films cinématographiques

Valuation estimate

Based on 88 transactions of similar company sales (all years), the value of FREE DOLPHIN ENTERTAINMENT is estimated at 1 871 785 € (range 844 507€ - 4 822 750€). With an EBITDA of 2 128 342€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.32x (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 2019
88 tx
844k€ 1871k€ 4822k€
1 871 785 € Range: 844 507€ - 4 822 750€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
2 128 342 € × 1.4x
Estimation 3 047 572 €
1 195 973€ - 8 101 229€
Revenue Multiple 30%
3 086 919 € × 0.32x
Estimation 995 858 €
736 100€ - 2 137 200€
Net Income Multiple 20%
151 752 € × 1.6x
Estimation 246 209 €
128 454€ - 654 882€
How is this estimate calculated?

This estimate is based on the analysis of 88 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 (Distribution de films cinématographiques)

Compare FREE DOLPHIN ENTERTAINMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Distribution de films cinématographiques

Frequently asked questions about FREE DOLPHIN ENTERTAINMENT

What is the revenue of FREE DOLPHIN ENTERTAINMENT ?

The revenue of FREE DOLPHIN ENTERTAINMENT in 2019 is 3.1 M€.

Is FREE DOLPHIN ENTERTAINMENT profitable?

Yes, FREE DOLPHIN ENTERTAINMENT generated a net profit of 152 k€ in 2019.

Where is the headquarters of FREE DOLPHIN ENTERTAINMENT ?

The headquarters of FREE DOLPHIN ENTERTAINMENT is located in PARIS (75015), in the department Paris.

Where to find the tax return of FREE DOLPHIN ENTERTAINMENT ?

The tax return of FREE DOLPHIN ENTERTAINMENT 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 FREE DOLPHIN ENTERTAINMENT operate?

FREE DOLPHIN ENTERTAINMENT operates in the sector Distribution de films cinématographiques (NAF code 59.13A). See the 'Sector positioning' section above to compare the company with its competitors.