LA BOULANGERIE D'ARMOR : revenue, balance sheet and financial ratios

LA BOULANGERIE D'ARMOR is a French company founded 31 years ago, specialized in the sector Fabrication industrielle de pain et de pâtisserie fraîche. Based in NOYAL-CHATILLON-SUR-SEICHE (35230), this company of category PME shows in 2021 a revenue of 1.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - LA BOULANGERIE D'ARMOR (SIREN 398421131)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue N/C N/C 1 022 191 € 1 015 507 € N/C N/C N/C N/C N/C 1 272 339 € 1 200 008 €
Net income 186 849 € 80 621 € -12 333 € -66 854 € 11 002 € 12 663 € -7 278 € 658 € 29 613 € 23 333 € 2 788 €
EBITDA N/C N/C -2 914 € -50 113 € N/C N/C N/C N/C N/C 67 918 € 53 334 €
Net margin N/C N/C -1.2% -6.6% N/C N/C N/C N/C N/C 1.8% 0.2%

Revenue and income statement

In 2024, LA BOULANGERIE D'ARMOR generates positive net income of 187 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2013-2024: 3 k€ -> 187 k€.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

186 849 €

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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 18%. 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 44%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

17.59%

Financial autonomy (2024) ?
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

43.562%

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

8.3%

Solvency indicators evolution
LA BOULANGERIE D'ARMOR

Sector positioning

Debt ratio
17.59 2024
2021
2023
2024
Q1: 0.01
Med: 31.43
Q3: 103.18
Good

In 2024, the debt ratio of LA BOULANGERIE D'ARMOR (17.59) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
43.56% 2024
2021
2023
2024
Q1: 10.05%
Med: 32.57%
Q3: 56.13%
Good +18 pts over 3 years

In 2024, the financial autonomy of LA BOULANGERIE D'ARMOR (43.6%) 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.

Repayment capacity
-0.78 years 2021
2021
Q1: -0.0 years
Med: 0.34 years
Q3: 3.29 years
Excellent

In 2021, the repayment capacity of LA BOULANGERIE D'ARMOR (-0.78) 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 198.50. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

198.501

Liquidity indicators evolution
LA BOULANGERIE D'ARMOR

Sector positioning

Liquidity ratio
198.5 2024
2021
2023
2024
Q1: 103.03
Med: 152.34
Q3: 235.38
Good +28 pts over 3 years

In 2024, the liquidity ratio of LA BOULANGERIE D'ARMOR (198.50) 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.

Interest coverage
-26.7x 2021
2021
Q1: -0.01x
Med: 0.82x
Q3: 4.16x
Watch

In 2021, the interest coverage of LA BOULANGERIE D'ARMOR (-26.7x) 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.

Operating WCR (2024) ?
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

0 €

Customer credit (2024) ?
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

0 j

Supplier credit (2024) ?
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

0 j

Inventory turnover (2024) ?
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 and payment terms evolution
LA BOULANGERIE D'ARMOR

Positioning of LA BOULANGERIE D'ARMOR in its sector

Comparison with sector Fabrication industrielle de pain et de pâtisserie fraîche

Valuation estimate

Based on 203 transactions of similar company sales in 2024, the value of LA BOULANGERIE D'ARMOR is estimated at 1 646 536 € (range 852 934€ - 3 088 276€). 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 2024
203 transactions
852k€ 1646k€ 3088k€
1 646 536 € Range: 852 934€ - 3 088 276€
NAF 5 année 2024

Valuation method used

Net Income Multiple
186 849 € × 8.8x = 1 646 537 €
Range: 852 934€ - 3 088 277€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 203 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 (Fabrication industrielle de pain et de pâtisserie fraîche)

Compare LA BOULANGERIE D'ARMOR with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication industrielle de pain et de pâtisserie fraîche

Frequently asked questions about LA BOULANGERIE D'ARMOR

What is the revenue of LA BOULANGERIE D'ARMOR ?

The revenue of LA BOULANGERIE D'ARMOR in 2021 is 1.0 M€.

Is LA BOULANGERIE D'ARMOR profitable?

Yes, LA BOULANGERIE D'ARMOR generated a net profit of 187 k€ in 2024.

Where is the headquarters of LA BOULANGERIE D'ARMOR ?

The headquarters of LA BOULANGERIE D'ARMOR is located in NOYAL-CHATILLON-SUR-SEICHE (35230), in the department Ille-et-Vilaine.

Where to find the tax return of LA BOULANGERIE D'ARMOR ?

The tax return of LA BOULANGERIE D'ARMOR 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 LA BOULANGERIE D'ARMOR operate?

LA BOULANGERIE D'ARMOR operates in the sector Fabrication industrielle de pain et de pâtisserie fraîche (NAF code 10.71A). See the 'Sector positioning' section above to compare the company with its competitors.