HAUTE MAURIENNE VANOISE TOURISME : revenue, balance sheet and financial ratios

HAUTE MAURIENNE VANOISE TOURISME is a French company founded 8 years ago, specialized in the sector Autres services de réservation et activités connexes. Based in VAL-CENIS (73480), this company of category PME shows in 2025 a revenue of 492 k€. 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 - HAUTE MAURIENNE VANOISE TOURISME (SIREN 829900042)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018
Revenue 491 643 € 470 034 € 399 217 € 426 896 € 169 993 € 327 461 € 475 917 € 462 274 €
Net income -333 511 € 13 648 € -6 823 € -445 € -14 767 € 27 024 € 95 190 € -51 379 €
EBITDA 317 731 € -151 118 € -43 407 € 219 957 € 57 556 € 35 539 € 150 734 € 11 260 €
Net margin -67.8% 2.9% -1.7% -0.1% -8.7% 8.3% 20.0% -11.1%

Revenue and income statement

In 2025, HAUTE MAURIENNE VANOISE TOURISME achieves revenue of 492 k€. Revenue is growing positively over 8 years (CAGR: +0.9%). Vs 2024: +5%. After deducting consumption (28 k€), gross margin stands at 464 k€, i.e. a rate of 94%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 318 k€, representing 64.6% of revenue. Positive scissor effect: EBITDA margin improves by +96.8 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -334 k€ (-67.8% of revenue), which will impact equity.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

491 643 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

463 564 €

EBITDA (2025) ?
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

317 731 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

100 303 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-333 511 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

5.4%

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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 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 -19%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2025) ?
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 (2025) ?
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

-19.243%

Cash flow / Revenue (2025) ?
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

-4.282%

Repayment capacity (2025) ?
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 (2025) ?
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

24.9%

Solvency indicators evolution
HAUTE MAURIENNE VANOISE TOURISME

Sector positioning

Debt ratio
0.0 2025
2023
2024
2025
Q1: 0.0
Med: 8.32
Q3: 38.81
Excellent

In 2025, the debt ratio of HAUTE MAURIENNE VANOISE T... (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
-19.24% 2025
2023
2024
2025
Q1: 1.45%
Med: 18.92%
Q3: 38.43%
Watch -6 pts over 3 years

In 2025, the financial autonomy of HAUTE MAURIENNE VANOISE T... (-19.2%) 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
0.0 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.0 years
Q3: 0.19 years
Excellent

In 2025, the repayment capacity of HAUTE MAURIENNE VANOISE T... (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 69.26. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
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

69.256

Interest coverage (2025) ?
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

0.0

Liquidity indicators evolution
HAUTE MAURIENNE VANOISE TOURISME

Sector positioning

Liquidity ratio
69.26 2025
2023
2024
2025
Q1: 123.56
Med: 168.64
Q3: 386.2
Watch -6 pts over 3 years

In 2025, the liquidity ratio of HAUTE MAURIENNE VANOISE T... (69.26) 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
0.0x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.0x
Q3: 0.09x
Average

In 2025, the interest coverage of HAUTE MAURIENNE VANOISE T... (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: 40 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 51 days. Favorable situation: supplier credit is longer than customer credit by 11 days. Inventory turnover is 18 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 2 days of revenue, i.e. 2 k€ to permanently finance. Over 2018-2025, WCR increased by +160%, requiring additional financing.

Operating WCR (2025) ?
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

2 335 €

Customer credit (2025) ?
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

40 j

Supplier credit (2025) ?
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

51 j

Inventory turnover (2025) ?
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

18 j

WCR in days of revenue (2025) ?
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

2 j

WCR and payment terms evolution
HAUTE MAURIENNE VANOISE TOURISME

Positioning of HAUTE MAURIENNE VANOISE TOURISME in its sector

Comparison with sector Autres services de réservation et activités connexes

Valuation estimate

Based on 163 transactions of similar company sales (all years), the value of HAUTE MAURIENNE VANOISE TOURISME is estimated at 539 161 € (range 184 753€ - 1 050 224€). With an EBITDA of 317 731€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.38x (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 2025
163 transactions
184k€ 539k€ 1050k€
539 161 € Range: 184 753€ - 1 050 224€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
317 731 € × 2.4x
Estimation 750 265 €
236 786€ - 1 515 041€
Revenue Multiple 30%
491 643 € × 0.38x
Estimation 187 322 €
98 031€ - 275 529€
How is this estimate calculated?

This estimate is based on the analysis of 163 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 réservation et activités connexes)

Compare HAUTE MAURIENNE VANOISE TOURISME with other companies in the same sector:

Voir toutes les statistiques du secteur Autres services de réservation et activités connexes

Frequently asked questions about HAUTE MAURIENNE VANOISE TOURISME

What is the revenue of HAUTE MAURIENNE VANOISE TOURISME ?

The revenue of HAUTE MAURIENNE VANOISE TOURISME in 2025 is 492 k€.

Is HAUTE MAURIENNE VANOISE TOURISME profitable?

HAUTE MAURIENNE VANOISE TOURISME recorded a net loss in 2025.

Where is the headquarters of HAUTE MAURIENNE VANOISE TOURISME ?

The headquarters of HAUTE MAURIENNE VANOISE TOURISME is located in VAL-CENIS (73480), in the department Savoie.

Where to find the tax return of HAUTE MAURIENNE VANOISE TOURISME ?

The tax return of HAUTE MAURIENNE VANOISE TOURISME 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 HAUTE MAURIENNE VANOISE TOURISME operate?

HAUTE MAURIENNE VANOISE TOURISME operates in the sector Autres services de réservation et activités connexes (NAF code 79.90Z). See the 'Sector positioning' section above to compare the company with its competitors.