GRANDVISION FRANCE : revenue, balance sheet and financial ratios
GRANDVISION FRANCE is a French company
founded 19 years ago,
specialized in the sector Commerces de détail d'optique.
Based in MONTIGNY-LE-BRETONNEUX (78180),
this company of category GE
shows in 2024 a revenue of 667.9 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - GRANDVISION FRANCE (SIREN 492787957)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
667 882 000 €
658 001 000 €
644 553 000 €
578 016 118 €
538 544 871 €
635 692 388 €
609 550 649 €
597 531 209 €
588 017 514 €
Net income
50 463 000 €
59 562 000 €
76 172 000 €
47 116 936 €
29 093 230 €
61 769 138 €
66 444 719 €
62 169 803 €
45 785 906 €
EBITDA
96 167 000 €
100 226 000 €
123 817 000 €
113 145 065 €
88 900 030 €
137 197 200 €
132 113 307 €
121 790 119 €
129 209 176 €
Net margin
7.6%
9.1%
11.8%
8.2%
5.4%
9.7%
10.9%
10.4%
7.8%
Revenue and income statement
In 2024, GRANDVISION FRANCE achieves revenue of 667.9 M€. Revenue is growing positively over 9 years (CAGR: +1.6%). Vs 2023: +2%. After deducting consumption (201.8 M€), gross margin stands at 466.1 M€, i.e. a rate of 70%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 96.2 M€, representing 14.4% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 50.5 M€, i.e. 7.6% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
667 882 000 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
466 087 000 €
EBITDA (2024)
?
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
96 167 000 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
75 509 000 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
50 463 000 €
EBITDA margin (2024)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
14.4%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
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 80%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 12.8% 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 (2024)
?
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 (2024)
?
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
79.538%
Cash flow / Revenue (2024)
?
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
12.847%
Repayment capacity (2024)
?
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 (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
69.154
67.577
62.058
48.359
43.774
37.953
0.0
0.0
0.0
Financial autonomy
41.156
41.679
45.637
50.663
53.519
56.178
76.855
77.851
79.538
Repayment capacity
1.689
1.802
1.444
1.594
2.231
1.91
0.0
0.0
0.0
Cash flow / Revenue
13.802%
12.157%
14.822%
13.222%
11.237%
11.781%
16.422%
16.891%
12.847%
Sector positioning
Debt ratio
0.02024
2022
2023
2024
Q1: 6.25
Med: 24.6
Q3: 67.83
Excellent
In 2024, the debt ratio of GRANDVISION FRANCE (0.00) 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
79.54%2024
2022
2023
2024
Q1: 27.06%
Med: 52.86%
Q3: 69.46%
Excellent+8 pts over 3 years
In 2024, the financial autonomy of GRANDVISION FRANCE (79.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
Repayment capacity
0.0 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.84 years
Q3: 2.71 years
Excellent
In 2024, the repayment capacity of GRANDVISION FRANCE (0.00) 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 93.95. 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 0.7x. Danger: operating income does not cover interest charges, unsustainable situation.
Liquidity ratio (2024)
?
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
93.947
Interest coverage (2024)
?
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
0.693
Liquidity indicators evolution GRANDVISION FRANCE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
96.178
129.765
147.343
191.869
228.851
239.847
213.109
184.465
93.947
Interest coverage
19.803
6.301
7.841
5.56
13.634
19.478
3.371
1.534
0.693
Sector positioning
Liquidity ratio
93.952024
2022
2023
2024
Q1: 162.44
Med: 249.24
Q3: 376.94
Watch-22 pts over 3 years
In 2024, the liquidity ratio of GRANDVISION FRANCE (93.95) 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
0.69x2024
2022
2023
2024
Q1: 0.0x
Med: 1.37x
Q3: 5.78x
Average-33 pts over 3 years
In 2024, the interest coverage of GRANDVISION FRANCE (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) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 12 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. Excellent situation: suppliers finance 36 days of the operating cycle (retail model). Inventory turnover is 28 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 27 days of revenue, i.e. 49.9 M€ to permanently finance. Over 2016-2024, WCR increased by +82%, requiring additional financing.
Operating WCR (2024)
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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
49 877 428 €
Customer credit (2024)
?
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
12 j
Supplier credit (2024)
?
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
48 j
Inventory turnover (2024)
?
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
28 j
WCR in days of revenue (2024)
?
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
27 j
WCR and payment terms evolution GRANDVISION FRANCE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
27 466 298 €
109 007 618 €
101 941 251 €
154 994 518 €
196 698 129 €
258 396 325 €
192 469 971 €
164 447 610 €
49 877 428 €
Inventory turnover (days)
23
28
29
25
29
27
26
27
28
Customer payment term (days)
21
26
18
16
21
20
17
15
12
Supplier payment term (days)
54
64
39
41
51
61
49
46
48
Positioning of GRANDVISION FRANCE in its sector
Comparison with sector Commerces de détail d'optique
Valuation estimate
Based on 117 transactions of similar company sales
in 2024,
the value of GRANDVISION FRANCE is estimated at
321 658 153 €
(range 203 536 915€ - 594 097 153€).
With an EBITDA of 96 167 000€, the sector multiple of 4.0x is applied.
The price/revenue ratio is 0.53x
(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.
Estimated enterprise value2024
117 transactions
203536k€321658k€594097k€
321 658 153 €Range: 203 536 915€ - 594 097 153€
NAF 5 année 2024
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
96 167 000 €×4.0x
Estimation381 969 766 €
263 551 611€ - 720 151 244€
Revenue Multiple30%
667 882 000 €×0.53x
Estimation353 607 469 €
200 587 829€ - 525 802 724€
Net Income Multiple20%
50 463 000 €×2.4x
Estimation122 955 153 €
57 923 808€ - 381 403 570€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 117 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 (Commerces de détail d'optique)
Compare GRANDVISION FRANCE with other companies in the same sector:
Frequently asked questions about GRANDVISION FRANCE
What is the revenue of GRANDVISION FRANCE ?
The revenue of GRANDVISION FRANCE in 2024 is 667.9 M€.
Is GRANDVISION FRANCE profitable?
Yes, GRANDVISION FRANCE generated a net profit of 50.5 M€ in 2024.
Where is the headquarters of GRANDVISION FRANCE ?
The headquarters of GRANDVISION FRANCE is located in MONTIGNY-LE-BRETONNEUX (78180), in the department Yvelines.
Where to find the tax return of GRANDVISION FRANCE ?
The tax return of GRANDVISION FRANCE 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 GRANDVISION FRANCE operate?
GRANDVISION FRANCE operates in the sector Commerces de détail d'optique (NAF code 47.78A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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