LA FORGE DE SAINTE MARIE : revenue, balance sheet and financial ratios

LA FORGE DE SAINTE MARIE is a French company founded 24 years ago, specialized in the sector Terrains de camping et parcs pour caravanes ou véhicules de loisirs. Based in THONNANCE-LES-MOULINS (52230), this company of category ETI shows in 2024 a revenue of 404 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 - LA FORGE DE SAINTE MARIE (SIREN 441869880)
Indicator 2024 2023 2022 2021 2019 2018 2017 2016
Revenue 404 023 € 521 299 € 547 343 € 393 432 € N/C N/C N/C N/C
Net income -259 922 € -325 355 € -219 301 € -141 357 € 57 854 € -49 060 € 31 320 € 44 081 €
EBITDA -290 932 € -85 379 € -6 062 € -63 240 € N/C N/C N/C N/C
Net margin -64.3% -62.4% -40.1% -35.9% N/C N/C N/C N/C

Revenue and income statement

In 2024, LA FORGE DE SAINTE MARIE achieves revenue of 404 k€. Revenue is growing positively over 8 years (CAGR: +0.9%). Significant drop of -22% vs 2023. After deducting consumption (-1 k€), gross margin stands at 405 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -291 k€, representing -72.0% of revenue. Warning negative scissor effect: despite revenue change (-22%), EBITDA varies by -241%, reducing margin by 55.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -260 k€ (-64.3% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

404 023 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

405 418 €

EBITDA (2024) ?
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

-290 932 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-566 124 €

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

-259 922 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-72.0%

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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 -660%. 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 -15%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 14.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 72.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

-659.53%

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

-15.468%

Cash flow / Revenue (2024) ?
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

72.903%

Repayment capacity (2024) ?
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

14.527

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

78.7%

Solvency indicators evolution
LA FORGE DE SAINTE MARIE

Sector positioning

Debt ratio
-659.53 2024
2022
2023
2024
Q1: 15.45
Med: 60.13
Q3: 175.38
Excellent

In 2024, the debt ratio of LA FORGE DE SAINTE MARIE (-659.53) 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
-15.47% 2024
2022
2023
2024
Q1: 14.23%
Med: 38.21%
Q3: 60.38%
Watch

In 2024, the financial autonomy of LA FORGE DE SAINTE MARIE (-15.5%) 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
14.53 years 2024
2022
2023
2024
Q1: 0.53 years
Med: 2.04 years
Q3: 5.33 years
Watch +50 pts over 3 years

In 2024, the repayment capacity of LA FORGE DE SAINTE MARIE (14.53) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 173.75. 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

173.75

Interest coverage (2024) ?
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

-20.921

Liquidity indicators evolution
LA FORGE DE SAINTE MARIE

Sector positioning

Liquidity ratio
173.75 2024
2022
2023
2024
Q1: 86.48
Med: 192.21
Q3: 416.04
Average

In 2024, the liquidity ratio of LA FORGE DE SAINTE MARIE (173.75) 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
-20.92x 2024
2022
2023
2024
Q1: 0.43x
Med: 3.76x
Q3: 11.68x
Average +20 pts over 3 years

In 2024, the interest coverage of LA FORGE DE SAINTE MARIE (-20.9x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 8 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 355 days. Excellent situation: suppliers finance 347 days of the operating cycle (retail model). Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 848 days of revenue, i.e. 952 k€ to permanently finance.

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

952 205 €

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

8 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

355 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

2 j

WCR in days of revenue (2024) ?
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

848 j

WCR and payment terms evolution
LA FORGE DE SAINTE MARIE

Positioning of LA FORGE DE SAINTE MARIE in its sector

Comparison with sector Terrains de camping et parcs pour caravanes ou véhicules de loisirs

Valuation estimate

Based on 153 transactions of similar company sales (all years), the value of LA FORGE DE SAINTE MARIE is estimated at 652 092 € (range 419 818€ - 882 291€). The price/revenue ratio is 1.61x (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.

Estimated enterprise value 2024
153 transactions
419k€ 652k€ 882k€
652 092 € Range: 419 818€ - 882 291€
NAF 5 all-time

Valuation method used

Revenue Multiple
404 023 € × 1.61x = 652 093 €
Range: 419 819€ - 882 292€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 153 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 (Terrains de camping et parcs pour caravanes ou véhicules de loisirs)

Compare LA FORGE DE SAINTE MARIE with other companies in the same sector:

Voir toutes les statistiques du secteur Terrains de camping et parcs pour caravanes ou véhicules de loisirs

Frequently asked questions about LA FORGE DE SAINTE MARIE

What is the revenue of LA FORGE DE SAINTE MARIE ?

The revenue of LA FORGE DE SAINTE MARIE in 2024 is 404 k€.

Is LA FORGE DE SAINTE MARIE profitable?

LA FORGE DE SAINTE MARIE recorded a net loss in 2024.

Where is the headquarters of LA FORGE DE SAINTE MARIE ?

The headquarters of LA FORGE DE SAINTE MARIE is located in THONNANCE-LES-MOULINS (52230), in the department Haute-Marne.

Where to find the tax return of LA FORGE DE SAINTE MARIE ?

The tax return of LA FORGE DE SAINTE MARIE 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 FORGE DE SAINTE MARIE operate?

LA FORGE DE SAINTE MARIE operates in the sector Terrains de camping et parcs pour caravanes ou véhicules de loisirs (NAF code 55.30Z). See the 'Sector positioning' section above to compare the company with its competitors.