SIREN : 394639660
GLISS 21 is a French company founded 32 years ago, specialized in the sector Commerce de détail d'articles de sport en magasin spécialisé. Based in CHENOVE (21300), this company of category PME shows in 2020 a revenue of 195 k€. 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 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 195 411 € | 280 832 € | 298 432 € | 298 992 € | 361 789 € |
| Net income | 0 € | -5 630 € | 57 038 € | -42 390 € | -22 437 € |
| EBITDA | -41 530 € | -25 633 € | -86 228 € | -36 814 € | -29 892 € |
| Net margin | 0.0% | -2.0% | 19.1% | -14.2% | -6.2% |
In 2020, GLISS 21 achieves revenue of 195 k€. Revenue is declining over the period 2016-2020 (CAGR: -14.3%). Significant drop of -30% vs 2019. After deducting consumption (151 k€), gross margin stands at 45 k€, i.e. a rate of 23%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -42 k€, representing -21.3% of revenue. Warning negative scissor effect: despite revenue change (-30%), EBITDA varies by -62%, reducing margin by 12.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at 0 € (0.0% of revenue), which will impact equity.
195 411 €
44 774 €
-41 530 €
-42 936 €
-20.6%
The debt ratio (= Financial debt / Equity x 100) stands at 131%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 35%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 56.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
131.069%
35.136%
0.85%
56.166
2.2%
In 2020, the debt ratio of GLISS 21 (131.07) 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 2020, the financial autonomy of GLISS 21 (35.1%) 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.
In 2020, the repayment capacity of GLISS 21 (56.17) 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 529.40. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
529.396
-0.742
In 2020, the liquidity ratio of GLISS 21 (529.40) 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 2020, the interest coverage of GLISS 21 (-0.7x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 56 days. Excellent situation: suppliers finance 56 days of the operating cycle (retail model). Inventory turnover is 362 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 241 days of revenue, i.e. 131 k€ to permanently finance. Notable WCR improvement over the period (-45%), freeing up cash.
130 826 €
0 j
56 j
362 j
241 j
Indicative estimate only : the number of comparable transactions in this sector is limited (30 transactions). This range of 22 374€ to 93 277€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 30 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 GLISS 21 with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de détail d'articles de sport en magasin spécialisé
The revenue of GLISS 21 in 2020 is 195 k€.
GLISS 21 recorded a net loss in 2019.
The headquarters of GLISS 21 is located in CHENOVE (21300), in the department Cote-d'Or.
The tax return of GLISS 21 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).
GLISS 21 operates in the sector Commerce de détail d'articles de sport en magasin spécialisé (NAF code 47.64Z). See the 'Sector positioning' section above to compare the company with its competitors.