SIREN : 815353735
ICE ESPACES VERTS is a French company founded 10 years ago, specialized in the sector Services d'aménagement paysager . Based in LE BROC (06510), this company of category PME shows in 2023 a revenue of 475 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenue | 475 256 € | 345 557 € | 379 345 € |
| Net income | 11 554 € | 20 584 € | 28 337 € |
| EBITDA | 33 076 € | 46 065 € | 44 243 € |
| Net margin | 2.4% | 6.0% | 7.5% |
In 2023, ICE ESPACES VERTS achieves revenue of 475 k€. Over the period 2021-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +11.9%. Vs 2022, growth of +38% (346 k€ -> 475 k€). After deducting consumption (174 k€), gross margin stands at 301 k€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 33 k€, representing 7.0% of revenue. Warning negative scissor effect: despite revenue change (+38%), EBITDA varies by -28%, reducing margin by 6.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 12 k€, i.e. 2.4% of revenue. This profit can be retained or distributed to shareholders.
475 256 €
301 337 €
33 076 €
7 050 €
11 554 €
7.0%
The debt ratio (= Financial debt / Equity x 100) stands at 39%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
39.153%
36.009%
6.601%
1.172
44.1%
In 2023, the debt ratio of ICE ESPACES VERTS (39.15) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of ICE ESPACES VERTS (36.0%) 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.
In 2023, the repayment capacity of ICE ESPACES VERTS (1.17) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 111.54. 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 2.8x. Financial charges are adequately covered by operations.
111.544
2.781
In 2023, the liquidity ratio of ICE ESPACES VERTS (111.54) 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.
In 2023, the interest coverage of ICE ESPACES VERTS (2.8x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 71 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 38 days. The gap of 33 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 8 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 42 days of revenue, i.e. 56 k€ to permanently finance. Over 2021-2023, WCR increased by +120%, requiring additional financing.
56 071 €
71 j
38 j
8 j
42 j
Based on 125 transactions of similar company sales (all years), the value of ICE ESPACES VERTS is estimated at 103 565 € (range 42 893€ - 171 916€). With an EBITDA of 33 076€, the sector multiple of 2.8x is applied. The price/revenue ratio is 0.35x (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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 125 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare ICE ESPACES VERTS with other companies in the same sector:
Voir toutes les statistiques du secteur Services d'aménagement paysager
The revenue of ICE ESPACES VERTS in 2023 is 475 k€.
Yes, ICE ESPACES VERTS generated a net profit of 12 k€ in 2023.
The headquarters of ICE ESPACES VERTS is located in LE BROC (06510), in the department Alpes-Maritimes.
The tax return of ICE ESPACES VERTS 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).
ICE ESPACES VERTS operates in the sector Services d'aménagement paysager (NAF code 81.30Z). See the 'Sector positioning' section above to compare the company with its competitors.