KAPPA FRANCE RETAIL : revenue, balance sheet and financial ratios

KAPPA FRANCE RETAIL is a French company founded 16 years ago, specialized in the sector Commerce de détail d'articles de sport en magasin spécialisé. Based in SAINT-HERBLAIN (44800), this company of category ETI shows in 2023 a revenue of 248 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 - KAPPA FRANCE RETAIL (SIREN 518390083)
Indicator 2023 2019 2018 2017 2016
Revenue 247 518 € 373 227 € N/C 1 721 001 € 1 367 175 €
Net income -299 177 € -350 426 € -46 368 € 127 709 € -639 €
EBITDA -171 528 € -347 222 € N/C 272 431 € 105 249 €
Net margin -120.9% -93.9% N/C 7.4% -0.0%

Revenue and income statement

In 2023, KAPPA FRANCE RETAIL achieves revenue of 248 k€. Revenue is declining over the period 2016-2023 (CAGR: -21.7%). Significant drop of -34% vs 2019. After deducting consumption (151 k€), gross margin stands at 96 k€, i.e. a rate of 39%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -172 k€, representing -69.3% of revenue. Positive scissor effect: EBITDA margin improves by +23.7 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -299 k€ (-120.9% 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

247 518 €

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

96 470 €

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

-171 528 €

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

-211 234 €

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

-299 177 €

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

-68.2%

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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 -137%. 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 -137%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-136.736%

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

-136.744%

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

-83.353%

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

-2.889

Solvency indicators evolution
KAPPA FRANCE RETAIL

Sector positioning

Debt ratio
-136.74 2023
2018
2019
2023
Q1: 9.97
Med: 41.27
Q3: 119.84
Excellent

In 2023, the debt ratio of KAPPA FRANCE RETAIL (-136.74) 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
-136.74% 2023
2018
2019
2023
Q1: 16.35%
Med: 38.52%
Q3: 59.21%
Watch

In 2023, the financial autonomy of KAPPA FRANCE RETAIL (-136.7%) 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
-2.89 years 2023
2019
2023
Q1: 0.0 years
Med: 1.11 years
Q3: 3.35 years
Excellent

In 2023, the repayment capacity of KAPPA FRANCE RETAIL (-2.89) 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 200.94. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

200.94

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

-50.855

Liquidity indicators evolution
KAPPA FRANCE RETAIL

Sector positioning

Liquidity ratio
200.94 2023
2018
2019
2023
Q1: 164.92
Med: 254.92
Q3: 405.65
Average +15 pts over 3 years

In 2023, the liquidity ratio of KAPPA FRANCE RETAIL (200.94) 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
-50.85x 2023
2019
2023
Q1: 0.0x
Med: 1.33x
Q3: 6.47x
Watch

In 2023, the interest coverage of KAPPA FRANCE RETAIL (-50.9x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 99 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 234 days. Excellent situation: suppliers finance 135 days of the operating cycle (retail model). Overall, WCR represents 403 days of revenue, i.e. 277 k€ to permanently finance. Notable WCR improvement over the period (-55%), 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

276 965 €

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

99 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

234 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

0 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

403 j

WCR and payment terms evolution
KAPPA FRANCE RETAIL

Positioning of KAPPA FRANCE RETAIL in its sector

Comparison with sector Commerce de détail d'articles de sport en magasin spécialisé

Valuation estimate

Based on 239 transactions of similar company sales (all years), the value of KAPPA FRANCE RETAIL is estimated at 69 996 € (range 39 874€ - 121 304€). The price/revenue ratio is 0.28x (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
239 transactions
39k€ 69k€ 121k€
69 996 € Range: 39 874€ - 121 304€
NAF 5 all-time

Valuation method used

Revenue Multiple
247 518 € × 0.28x = 69 996 €
Range: 39 874€ - 121 305€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 239 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 (Commerce de détail d'articles de sport en magasin spécialisé)

Compare KAPPA FRANCE RETAIL with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail d'articles de sport en magasin spécialisé

Frequently asked questions about KAPPA FRANCE RETAIL

What is the revenue of KAPPA FRANCE RETAIL ?

The revenue of KAPPA FRANCE RETAIL in 2023 is 248 k€.

Is KAPPA FRANCE RETAIL profitable?

KAPPA FRANCE RETAIL recorded a net loss in 2023.

Where is the headquarters of KAPPA FRANCE RETAIL ?

The headquarters of KAPPA FRANCE RETAIL is located in SAINT-HERBLAIN (44800), in the department Loire-Atlantique.

Where to find the tax return of KAPPA FRANCE RETAIL ?

The tax return of KAPPA FRANCE RETAIL 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 KAPPA FRANCE RETAIL operate?

KAPPA FRANCE RETAIL operates in the sector Commerce de détail d'articles de sport en magasin spécialisé (NAF code 47.64Z). See the 'Sector positioning' section above to compare the company with its competitors.