SIREN : 341412674
KERDONIS HOTELS is a French company founded 39 years ago, specialized in the sector Hôtels et hébergement similaire . Based in VANNES (56000), this company of category PME shows in 2021 a revenue of 2.0 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
| Indicator | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|
| Revenue | 2 025 022 € | 2 366 893 € | 2 340 740 € | 2 233 988 € | 2 066 595 € | 2 108 261 € |
| Net income | 1 391 303 € | 1 658 389 € | 260 155 € | 876 230 € | 1 586 677 € | 289 685 € |
| EBITDA | 402 652 € | 423 523 € | 524 071 € | 362 342 € | 289 573 € | 223 889 € |
| Net margin | 68.7% | 70.1% | 11.1% | 39.2% | 76.8% | 13.7% |
In 2021, KERDONIS HOTELS achieves revenue of 2.0 M€. Activity remains stable over the period (CAGR: -0.7%). Significant drop of -14% vs 2019. After deducting consumption (151 k€), gross margin stands at 1.9 M€, i.e. a rate of 93%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 403 k€, representing 19.9% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.4 M€, i.e. 68.7% of revenue. This profit can be retained or distributed to shareholders.
2 025 022 €
1 873 601 €
402 652 €
249 606 €
1 391 303 €
18.8%
The debt ratio (= Financial debt / Equity x 100) stands at 127%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 43%. 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 10.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 85.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
127.143%
43.14%
85.894%
10.502
20.9%
In 2021, the debt ratio of KERDONIS HOTELS (127.14) 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 2021, the financial autonomy of KERDONIS HOTELS (43.1%) 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 2021, the repayment capacity of KERDONIS HOTELS (10.50) 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 740.39. 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 84.9x. Operating income very largely covers interest expenses: high safety margin.
740.393
84.899
In 2021, the liquidity ratio of KERDONIS HOTELS (740.39) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2021, the interest coverage of KERDONIS HOTELS (84.9x) 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: 30 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 83 days. Excellent situation: suppliers finance 53 days of the operating cycle (retail model). Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 577 days of revenue, i.e. 3.2 M€ to permanently finance. Over 2015-2021, WCR increased by +961%, requiring additional financing.
3 246 070 €
30 j
83 j
3 j
577 j
Based on 98 transactions of similar company sales
in 2021,
the value of KERDONIS HOTELS is estimated at
4 715 914 €
(range 2 678 719€ - 7 176 473€).
With an EBITDA of 402 652€, the sector multiple of 8.4x is applied.
The price/revenue ratio is 1.20x
(premium 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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 98 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 KERDONIS HOTELS with other companies in the same sector:
Voir toutes les statistiques du secteur Hôtels et hébergement similaire
The revenue of KERDONIS HOTELS in 2021 is 2.0 M€.
Yes, KERDONIS HOTELS generated a net profit of 1.4 M€ in 2021.
The headquarters of KERDONIS HOTELS is located in VANNES (56000), in the department Morbihan.
The tax return of KERDONIS HOTELS 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).
KERDONIS HOTELS operates in the sector Hôtels et hébergement similaire (NAF code 55.10Z). See the 'Sector positioning' section above to compare the company with its competitors.