GOLF SAINT APOLLINAIRE : revenue, balance sheet and financial ratios

GOLF SAINT APOLLINAIRE is a French company founded 8 years ago, specialized in the sector Gestion d'installations sportives. Based in MICHELBACH-LE-HAUT (68220), this company of category PME shows in 2023 a revenue of 1.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - GOLF SAINT APOLLINAIRE (SIREN 832704910)
Indicator 2023 2022 2021 2020 2019 2018
Revenue 1 835 754 € 2 062 934 € 2 043 454 € 1 508 155 € 1 077 779 € 158 875 €
Net income 733 € 200 € 5 193 € 9 074 € 1 420 € 323 €
EBITDA -235 850 € -171 557 € 7 452 € 7 594 € -440 € -394 596 €
Net margin 0.0% 0.0% 0.3% 0.6% 0.1% 0.2%

Revenue and income statement

In 2023, GOLF SAINT APOLLINAIRE achieves revenue of 1.8 M€. Over the period 2018-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +63.1%. Significant drop of -11% vs 2022. After deducting consumption (286 k€), gross margin stands at 1.5 M€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -236 k€, representing -12.8% of revenue. Warning negative scissor effect: despite revenue change (-11%), EBITDA varies by -37%, reducing margin by 4.5 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 733 €, i.e. 0.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 835 754 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 549 509 €

EBITDA (2023) ?
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

-235 850 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-256 382 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

733 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-12.8%

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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 0%. 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 0%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2023) ?
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

0.463%

Cash flow / Revenue (2023) ?
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

-12.314%

Repayment capacity (2023) ?
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

0.0

Asset age ratio (2023) ?
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

60.3%

Solvency indicators evolution
GOLF SAINT APOLLINAIRE

Sector positioning

Debt ratio
0.0 2023
2021
2022
2023
Q1: -34.96
Med: 4.17
Q3: 90.23
Good +22 pts over 3 years

In 2023, the debt ratio of GOLF SAINT APOLLINAIRE (0.00) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
0.46% 2023
2021
2022
2023
Q1: -11.16%
Med: 12.32%
Q3: 44.68%
Average +12 pts over 3 years

In 2023, the financial autonomy of GOLF SAINT APOLLINAIRE (0.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.0 years 2023
2021
2022
2023
Q1: -0.39 years
Med: 0.0 years
Q3: 2.26 years
Good +10 pts over 3 years

In 2023, the repayment capacity of GOLF SAINT APOLLINAIRE (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 98.67. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

98.669

Interest coverage (2023) ?
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

-36.611

Liquidity indicators evolution
GOLF SAINT APOLLINAIRE

Sector positioning

Liquidity ratio
98.67 2023
2021
2022
2023
Q1: 76.37
Med: 131.22
Q3: 260.77
Average +5 pts over 3 years

In 2023, the liquidity ratio of GOLF SAINT APOLLINAIRE (98.67) 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.

Interest coverage
-36.61x 2023
2021
2022
2023
Q1: -0.71x
Med: 0.0x
Q3: 5.3x
Watch -52 pts over 3 years

In 2023, the interest coverage of GOLF SAINT APOLLINAIRE (-36.6x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 14 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 167 days. Excellent situation: suppliers finance 153 days of the operating cycle (retail model). Inventory turnover is 25 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 130 days of revenue, i.e. 665 k€ to permanently finance. Over 2018-2023, WCR increased by +2433%, requiring additional financing.

Operating WCR (2023) ?
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

665 185 €

Customer credit (2023) ?
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

14 j

Supplier credit (2023) ?
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

167 j

Inventory turnover (2023) ?
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

25 j

WCR in days of revenue (2023) ?
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

130 j

WCR and payment terms evolution
GOLF SAINT APOLLINAIRE

Positioning of GOLF SAINT APOLLINAIRE 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 SAINT APOLLINAIRE is estimated at 630 935 € (range 199 175€ - 1 017 503€). 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 2023
73 tx
199k€ 630k€ 1017k€
630 935 € Range: 199 175€ - 1 017 503€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
1 835 754 € × 0.57x
Estimation 1 048 963 €
330 981€ - 1 691 352€
Net Income Multiple 20%
733 € × 5.3x
Estimation 3 893 €
1 467€ - 6 729€
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 SAINT APOLLINAIRE with other companies in the same sector:

Voir toutes les statistiques du secteur Gestion d'installations sportives

Frequently asked questions about GOLF SAINT APOLLINAIRE

What is the revenue of GOLF SAINT APOLLINAIRE ?

The revenue of GOLF SAINT APOLLINAIRE in 2023 is 1.8 M€.

Is GOLF SAINT APOLLINAIRE profitable?

Yes, GOLF SAINT APOLLINAIRE generated a net profit of 733€ in 2023.

Where is the headquarters of GOLF SAINT APOLLINAIRE ?

The headquarters of GOLF SAINT APOLLINAIRE is located in MICHELBACH-LE-HAUT (68220), in the department Haut-Rhin.

Where to find the tax return of GOLF SAINT APOLLINAIRE ?

The tax return of GOLF SAINT APOLLINAIRE 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 SAINT APOLLINAIRE operate?

GOLF SAINT APOLLINAIRE 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.