SIREN : 390681260
L R S FORMULA is a French company founded 33 years ago, specialized in the sector Autres activités liées au sport. Based in MAGNY-COURS (58470), this company of category PME shows in 2024 a revenue of 2.9 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 895 162 € | 3 123 143 € | 2 422 242 € | 2 172 190 € | 895 692 € | 2 100 587 € | 1 569 547 € | 2 831 624 € |
| Net income | 16 590 € | 164 249 € | 134 240 € | 84 490 € | -589 418 € | 741 € | 243 222 € | 112 773 € |
| EBITDA | 204 912 € | 234 725 € | 506 742 € | 444 924 € | -299 626 € | 111 195 € | -110 655 € | 423 256 € |
| Net margin | 0.6% | 5.3% | 5.5% | 3.9% | -65.8% | 0.0% | 15.5% | 4.0% |
In 2024, L R S FORMULA achieves revenue of 2.9 M€. Revenue is growing positively over 8 years (CAGR: +0.3%). Slight decline of -7% vs 2023. After deducting consumption (962 k€), gross margin stands at 1.9 M€, i.e. a rate of 67%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 205 k€, representing 7.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 17 k€, i.e. 0.6% of revenue. This profit can be retained or distributed to shareholders.
2 895 162 €
1 933 544 €
204 912 €
75 253 €
16 590 €
7.1%
The debt ratio (= Financial debt / Equity x 100) stands at 1008%. 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 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 144.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
1007.797%
6.112%
1.371%
144.253
43.2%
In 2024, the debt ratio of L R S FORMULA (1007.80) 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 2024, the financial autonomy of L R S FORMULA (6.1%) 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 2024, the repayment capacity of L R S FORMULA (144.25) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 301.72. 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 79.1x. Operating income very largely covers interest expenses: high safety margin.
301.716
79.077
In 2024, the liquidity ratio of L R S FORMULA (301.72) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of L R S FORMULA (79.1x) 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: 164 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 212 days. Excellent situation: suppliers finance 48 days of the operating cycle (retail model). Inventory turnover is 728 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 764 days of revenue, i.e. 6.1 M€ to permanently finance. Over 2017-2024, WCR increased by +46%, requiring additional financing.
6 143 563 €
164 j
212 j
728 j
764 j
Based on 161 transactions of similar company sales (all years), the value of L R S FORMULA is estimated at 1 036 702 € (range 542 902€ - 1 606 741€). With an EBITDA of 204 912€, the sector multiple of 4.7x is applied. The price/revenue ratio is 0.62x (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 161 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 L R S FORMULA with other companies in the same sector:
Voir toutes les statistiques du secteur Autres activités liées au sport
The revenue of L R S FORMULA in 2024 is 2.9 M€.
Yes, L R S FORMULA generated a net profit of 17 k€ in 2024.
The headquarters of L R S FORMULA is located in MAGNY-COURS (58470), in the department Nievre.
The tax return of L R S FORMULA 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).
L R S FORMULA operates in the sector Autres activités liées au sport (NAF code 93.19Z). See the 'Sector positioning' section above to compare the company with its competitors.