GROUPE ELITE RESTAURATION : revenue, balance sheet and financial ratios

GROUPE ELITE RESTAURATION is a French company founded 41 years ago, specialized in the sector Autres services de restauration n.c.a.. Based in JOIGNY (89300), this company of category ETI shows in 2024 a revenue of 24.4 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 - GROUPE ELITE RESTAURATION (SIREN 331108753)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 24 359 471 € 23 348 084 € 19 237 998 € 16 076 129 € 14 075 862 € 16 524 590 € 16 550 712 € 17 939 886 € 20 555 470 €
Net income 159 698 € 286 072 € 100 898 € 65 075 € 57 437 € 253 514 € 291 968 € 424 226 € 624 894 €
EBITDA 689 410 € 589 795 € 270 312 € 484 939 € 87 742 € 620 237 € 402 540 € 452 225 € 641 697 €
Net margin 0.7% 1.2% 0.5% 0.4% 0.4% 1.5% 1.8% 2.4% 3.0%

Revenue and income statement

In 2024, GROUPE ELITE RESTAURATION achieves revenue of 24.4 M€. Revenue is growing positively over 9 years (CAGR: +2.1%). Vs 2023: +4%. After deducting consumption (10.9 M€), gross margin stands at 13.4 M€, i.e. a rate of 55%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 689 k€, representing 2.8% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 160 k€, i.e. 0.7% 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

24 359 471 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

13 445 696 €

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

689 410 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

756 438 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

159 698 €

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

2.8%

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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 74%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 29%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 34.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

73.752%

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

28.627%

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

0.396%

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

34.708

Asset age ratio (2024) ?
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

28.5%

Solvency indicators evolution
GROUPE ELITE RESTAURATION

Sector positioning

Debt ratio
73.75 2024
2022
2023
2024
Q1: 0.0
Med: 3.69
Q3: 55.29
Watch

In 2024, the debt ratio of GROUPE ELITE RESTAURATION (73.75) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
28.63% 2024
2022
2023
2024
Q1: 0.47%
Med: 24.34%
Q3: 49.01%
Good

In 2024, the financial autonomy of GROUPE ELITE RESTAURATION (28.6%) 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
34.71 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.01 years
Q3: 2.14 years
Watch +11 pts over 3 years

In 2024, the repayment capacity of GROUPE ELITE RESTAURATION (34.71) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 126.88. 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 22.1x. Operating income very largely covers interest expenses: high safety margin.

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

126.878

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

22.069

Liquidity indicators evolution
GROUPE ELITE RESTAURATION

Sector positioning

Liquidity ratio
126.88 2024
2022
2023
2024
Q1: 113.26
Med: 146.32
Q3: 231.51
Average -15 pts over 3 years

In 2024, the liquidity ratio of GROUPE ELITE RESTAURATION (126.88) 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
22.07x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.01x
Q3: 2.74x
Excellent

In 2024, the interest coverage of GROUPE ELITE RESTAURATION (22.1x) 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: 83 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 103 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Inventory turnover is 7 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 96 days of revenue, i.e. 6.5 M€ to permanently finance. Over 2016-2024, WCR increased by +60%, requiring additional financing.

Operating WCR (2024) ?
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

6 484 248 €

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

83 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

103 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

7 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

96 j

WCR and payment terms evolution
GROUPE ELITE RESTAURATION

Positioning of GROUPE ELITE RESTAURATION in its sector

Comparison with sector Autres services de restauration n.c.a.

Valuation estimate

Based on 204 transactions of similar company sales (all years), the value of GROUPE ELITE RESTAURATION is estimated at 6 809 426 € (range 3 821 242€ - 10 315 346€). With an EBITDA of 689 410€, the sector multiple of 5.5x is applied. The price/revenue ratio is 0.64x (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 value 2024
204 transactions
3821k€ 6809k€ 10315k€
6 809 426 € Range: 3 821 242€ - 10 315 346€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
689 410 € × 5.5x
Estimation 3 822 625 €
1 884 223€ - 6 743 108€
Revenue Multiple 30%
24 359 471 € × 0.64x
Estimation 15 489 794 €
9 201 085€ - 21 539 717€
Net Income Multiple 20%
159 698 € × 7.9x
Estimation 1 255 881 €
594 029€ - 2 409 386€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 204 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 (Autres services de restauration n.c.a.)

Compare GROUPE ELITE RESTAURATION with other companies in the same sector:

Voir toutes les statistiques du secteur Autres services de restauration n.c.a.

Frequently asked questions about GROUPE ELITE RESTAURATION

What is the revenue of GROUPE ELITE RESTAURATION ?

The revenue of GROUPE ELITE RESTAURATION in 2024 is 24.4 M€.

Is GROUPE ELITE RESTAURATION profitable?

Yes, GROUPE ELITE RESTAURATION generated a net profit of 160 k€ in 2024.

Where is the headquarters of GROUPE ELITE RESTAURATION ?

The headquarters of GROUPE ELITE RESTAURATION is located in JOIGNY (89300), in the department Yonne.

Where to find the tax return of GROUPE ELITE RESTAURATION ?

The tax return of GROUPE ELITE RESTAURATION 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 GROUPE ELITE RESTAURATION operate?

GROUPE ELITE RESTAURATION operates in the sector Autres services de restauration n.c.a. (NAF code 56.29B). See the 'Sector positioning' section above to compare the company with its competitors.