HAPPY CASH NANTES CENTRE : revenue, balance sheet and financial ratios

HAPPY CASH NANTES CENTRE is a French company founded 18 years ago, specialized in the sector Autres commerces de détail spécialisés divers. Based in SAINTE-HERMINE (85210), this company of category PME shows in 2023 a revenue of 1.3 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 - HAPPY CASH NANTES CENTRE (SIREN 500380282)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 326 459 € 1 901 023 € 1 686 288 € N/C N/C N/C 2 012 127 € 2 089 915 €
Net income -137 988 € 20 588 € 50 552 € 56 280 € -13 609 € 43 321 € 54 513 € 20 310 €
EBITDA 53 421 € 69 056 € 70 996 € N/C N/C N/C 54 514 € 67 585 €
Net margin -10.4% 1.1% 3.0% N/C N/C N/C 2.7% 1.0%

Revenue and income statement

In 2023, HAPPY CASH NANTES CENTRE achieves revenue of 1.3 M€. Revenue is declining over the period 2016-2023 (CAGR: -6.3%). Significant drop of -30% vs 2022. After deducting consumption (868 k€), gross margin stands at 458 k€, i.e. a rate of 35%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 53 k€, representing 4.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -138 k€ (-10.4% of revenue), which will impact equity.

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

1 326 459 €

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

458 192 €

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

53 421 €

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

55 897 €

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

-137 988 €

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

4.0%

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Chart evolution

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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 37%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 53%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

36.727%

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

53.045%

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

2.401%

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

2.146

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

25.5%

Solvency indicators evolution
HAPPY CASH NANTES CENTRE

Sector positioning

Debt ratio
36.73 2023
2021
2022
2023
Q1: 0.03
Med: 18.67
Q3: 75.45
Average

In 2023, the debt ratio of HAPPY CASH NANTES CENTRE (36.73) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
53.05% 2023
2021
2022
2023
Q1: 4.17%
Med: 30.41%
Q3: 56.54%
Good

In 2023, the financial autonomy of HAPPY CASH NANTES CENTRE (53.0%) 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
2.15 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.93 years
Average

In 2023, the repayment capacity of HAPPY CASH NANTES CENTRE (2.15) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 195.61. 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 2.4x. Financial charges are adequately covered by operations.

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

195.61

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

2.441

Liquidity indicators evolution
HAPPY CASH NANTES CENTRE

Sector positioning

Liquidity ratio
195.61 2023
2021
2022
2023
Q1: 132.02
Med: 227.72
Q3: 418.09
Average -15 pts over 3 years

In 2023, the liquidity ratio of HAPPY CASH NANTES CENTRE (195.61) 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
2.44x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 2.31x
Excellent

In 2023, the interest coverage of HAPPY CASH NANTES CENTRE (2.4x) 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: 2 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 12 days. Favorable situation: supplier credit is longer than customer credit by 10 days. Inventory turnover is 31 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 18 days of revenue, i.e. 66 k€ to permanently finance. Notable WCR improvement over the period (-50%), freeing up cash.

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

66 403 €

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

2 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

12 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

31 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

18 j

WCR and payment terms evolution
HAPPY CASH NANTES CENTRE

Positioning of HAPPY CASH NANTES CENTRE in its sector

Comparison with sector Autres commerces de détail spécialisés divers

Valuation estimate

Based on 100 transactions of similar company sales in 2023, the value of HAPPY CASH NANTES CENTRE is estimated at 336 130 € (range 179 151€ - 673 427€). With an EBITDA of 53 421€, the sector multiple of 3.9x is applied. The price/revenue ratio is 0.42x (conservative valuation). 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 2023
100 transactions
179k€ 336k€ 673k€
336 130 € Range: 179 151€ - 673 427€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
53 421 € × 3.9x
Estimation 205 822 €
94 511€ - 443 591€
Revenue Multiple 30%
1 326 459 € × 0.42x
Estimation 553 313 €
320 219€ - 1 056 489€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 100 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 commerces de détail spécialisés divers)

Compare HAPPY CASH NANTES CENTRE with other companies in the same sector:

Voir toutes les statistiques du secteur Autres commerces de détail spécialisés divers

Frequently asked questions about HAPPY CASH NANTES CENTRE

What is the revenue of HAPPY CASH NANTES CENTRE ?

The revenue of HAPPY CASH NANTES CENTRE in 2023 is 1.3 M€.

Is HAPPY CASH NANTES CENTRE profitable?

HAPPY CASH NANTES CENTRE recorded a net loss in 2023.

Where is the headquarters of HAPPY CASH NANTES CENTRE ?

The headquarters of HAPPY CASH NANTES CENTRE is located in SAINTE-HERMINE (85210), in the department Vendee.

Where to find the tax return of HAPPY CASH NANTES CENTRE ?

The tax return of HAPPY CASH NANTES CENTRE 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 HAPPY CASH NANTES CENTRE operate?

HAPPY CASH NANTES CENTRE operates in the sector Autres commerces de détail spécialisés divers (NAF code 47.78C). See the 'Sector positioning' section above to compare the company with its competitors.