GOLF DE SABLE -SOLESMES : revenue, balance sheet and financial ratios

GOLF DE SABLE -SOLESMES is a French company founded 34 years ago, specialized in the sector Gestion d'installations sportives. Based in SABLE-SUR-SARTHE (72300), this company of category PME shows in 2022 a revenue of 770 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - GOLF DE SABLE -SOLESMES (SIREN 382208080)
Indicator 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 769 942 € 567 214 € 440 212 € 557 212 € 466 187 € 378 310 € 426 357 € 378 252 €
Net income -689 073 € -666 772 € -757 412 € -634 656 € -709 046 € -575 398 € -577 412 € -563 679 €
EBITDA -637 685 € -624 043 € -721 965 € -614 422 € -676 946 € -548 565 € -560 065 € -569 282 €
Net margin -89.5% -117.6% -172.1% -113.9% -152.1% -152.1% -135.4% -149.0%

Revenue and income statement

In 2022, GOLF DE SABLE -SOLESMES achieves revenue of 770 k€. Over the period 2015-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +10.7%. Vs 2021, growth of +36% (567 k€ -> 770 k€). After deducting consumption (324 k€), gross margin stands at 446 k€, i.e. a rate of 58%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -638 k€, representing -82.8% of revenue. Positive scissor effect: EBITDA margin improves by +27.2 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -689 k€ (-89.5% of revenue), which will impact equity.

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

769 942 €

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

446 139 €

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

-637 685 €

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

-686 589 €

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

-689 073 €

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

-81.9%

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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 -92%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches -2365%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-92.468%

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

-2365.342%

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

-81.733%

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

-13.094

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

12.5%

Solvency indicators evolution
GOLF DE SABLE -SOLESMES

Sector positioning

Debt ratio
-92.47 2022
2020
2021
2022
Q1: -43.99
Med: 12.02
Q3: 116.18
Excellent

In 2022, the debt ratio of GOLF DE SABLE -SOLESMES (-92.47) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-2365.34% 2022
2020
2021
2022
Q1: -4.96%
Med: 17.73%
Q3: 45.68%
Watch +9 pts over 3 years

In 2022, the financial autonomy of GOLF DE SABLE -SOLESMES (-2365.3%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-13.09 years 2022
2020
2021
2022
Q1: -0.45 years
Med: 0.02 years
Q3: 2.49 years
Excellent

In 2022, the repayment capacity of GOLF DE SABLE -SOLESMES (-13.09) 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 23.80. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

23.798

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

-0.006

Liquidity indicators evolution
GOLF DE SABLE -SOLESMES

Sector positioning

Liquidity ratio
23.8 2022
2020
2021
2022
Q1: 69.93
Med: 142.22
Q3: 272.11
Watch -15 pts over 3 years

In 2022, the liquidity ratio of GOLF DE SABLE -SOLESMES (23.80) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-0.01x 2022
2020
2021
2022
Q1: -0.92x
Med: 0.0x
Q3: 3.97x
Average

In 2022, the interest coverage of GOLF DE SABLE -SOLESMES (-0.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 10 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 371 days. Excellent situation: suppliers finance 361 days of the operating cycle (retail model). Inventory turnover is 45 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 14 days of revenue, i.e. 30 k€ to permanently finance. Over 2015-2022, WCR increased by +258%, 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

30 451 €

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

10 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

371 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

45 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

14 j

WCR and payment terms evolution
GOLF DE SABLE -SOLESMES

Positioning of GOLF DE SABLE -SOLESMES in its sector

Comparison with sector Gestion d'installations sportives

Valuation estimate

Based on 73 transactions of similar company sales (all years), the value of GOLF DE SABLE -SOLESMES is estimated at 439 950 € (range 138 818€ - 709 377€). The price/revenue ratio is 0.57x (in line with sector norms). 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 2022
73 tx
138k€ 439k€ 709k€
439 950 € Range: 138 818€ - 709 377€
NAF 5 all-time

Valuation method used

Revenue Multiple
769 942 € × 0.57x = 439 950 €
Range: 138 818€ - 709 378€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 73 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 (Gestion d'installations sportives)

Compare GOLF DE SABLE -SOLESMES with other companies in the same sector:

Voir toutes les statistiques du secteur Gestion d'installations sportives

Frequently asked questions about GOLF DE SABLE -SOLESMES

What is the revenue of GOLF DE SABLE -SOLESMES ?

The revenue of GOLF DE SABLE -SOLESMES in 2022 is 770 k€.

Is GOLF DE SABLE -SOLESMES profitable?

GOLF DE SABLE -SOLESMES recorded a net loss in 2022.

Where is the headquarters of GOLF DE SABLE -SOLESMES ?

The headquarters of GOLF DE SABLE -SOLESMES is located in SABLE-SUR-SARTHE (72300), in the department Sarthe.

Where to find the tax return of GOLF DE SABLE -SOLESMES ?

The tax return of GOLF DE SABLE -SOLESMES 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 GOLF DE SABLE -SOLESMES operate?

GOLF DE SABLE -SOLESMES operates in the sector Gestion d'installations sportives (NAF code 93.11Z). See the 'Sector positioning' section above to compare the company with its competitors.