SIREN : 433197332
KOTE MER is a French company founded 25 years ago, specialized in the sector Restauration traditionnelle. Based in SAINTE-ANNE (97180), this company of category PME shows in 2021 a revenue of 275 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 | 2021 | 2020 | 2019 |
|---|---|---|---|
| Revenue | 275 035 € | 433 474 € | 709 919 € |
| Net income | 105 919 € | -25 536 € | -10 205 € |
| EBITDA | 81 653 € | 7 437 € | 9 462 € |
| Net margin | 38.5% | -5.9% | -1.4% |
In 2021, KOTE MER achieves revenue of 275 k€. Revenue is declining over the period 2019-2021 (CAGR: -37.8%). Significant drop of -37% vs 2020. After deducting consumption (113 k€), gross margin stands at 162 k€, i.e. a rate of 59%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 82 k€, representing 29.7% of revenue. Positive scissor effect: EBITDA margin improves by +28.0 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 106 k€, i.e. 38.5% of revenue. This profit can be retained or distributed to shareholders.
275 035 €
161 824 €
81 653 €
76 167 €
105 919 €
20.2%
The debt ratio (= Financial debt / Equity x 100) stands at 193%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 43.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
192.875%
23.966%
43.198%
0.228
18.4%
In 2021, the debt ratio of KOTE MER (192.88) 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 KOTE MER (24.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2021, the repayment capacity of KOTE MER (0.23) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 91.72. 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 1.3x. Coverage is limited: any activity downturn would jeopardize interest payments.
91.718
1.281
In 2021, the liquidity ratio of KOTE MER (91.72) 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.
In 2021, the interest coverage of KOTE MER (1.3x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. Excellent situation: suppliers finance 49 days of the operating cycle (retail model). Inventory turnover is 5 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-68 days): operations structurally generate cash. Over 2019-2021, WCR increased by +49%, requiring additional financing.
-51 630 €
0 j
49 j
5 j
-68 j
Based on 663 transactions of similar company sales in 2021, the value of KOTE MER is estimated at 454 493 € (range 253 046€ - 838 103€). With an EBITDA of 81 653€, the sector multiple of 5.7x is applied. The price/revenue ratio is 0.87x (in line with sector norms). 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.
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This estimate is based on the analysis of 663 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 KOTE MER with other companies in the same sector:
Voir toutes les statistiques du secteur Restauration traditionnelle
The revenue of KOTE MER in 2021 is 275 k€.
Yes, KOTE MER generated a net profit of 106 k€ in 2021.
The headquarters of KOTE MER is located in SAINTE-ANNE (97180), in the department Guadeloupe.
The tax return of KOTE MER 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).
KOTE MER operates in the sector Restauration traditionnelle (NAF code 56.10A). See the 'Sector positioning' section above to compare the company with its competitors.