LAGARRIGUE BRETAGNE : revenue, balance sheet and financial ratios

LAGARRIGUE BRETAGNE is a French company founded 51 years ago, specialized in the sector Fabrication de matériel médico-chirurgical et dentaire. Based in CAUDAN (56850), this company of category ETI shows in 2023 a revenue of 2.8 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

Financial history - LAGARRIGUE BRETAGNE (SIREN 301571881)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 779 424 € 2 195 315 € 2 613 582 € 2 238 462 € 2 471 142 € 2 535 405 € 1 914 453 € 2 511 278 €
Net income 126 € -102 819 € -19 906 € -139 878 € -123 773 € -55 569 € -221 144 € 6 304 €
EBITDA -25 837 € -64 882 € -4 971 € -179 956 € -32 263 € -6 207 € -194 809 € -8 584 €
Net margin 0.0% -4.7% -0.8% -6.2% -5.0% -2.2% -11.6% 0.3%

Revenue and income statement

In 2023, LAGARRIGUE BRETAGNE achieves revenue of 2.8 M€. Revenue is growing positively over 8 years (CAGR: +1.5%). Vs 2022, growth of +27% (2.2 M€ -> 2.8 M€). After deducting consumption (693 k€), gross margin stands at 2.1 M€, i.e. a rate of 75%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -26 k€, representing -0.9% of revenue. Positive scissor effect: EBITDA margin improves by +2.0 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 126 €, i.e. 0.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 779 424 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 086 890 €

EBITDA (2023) ?
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

-25 837 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-15 437 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

126 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-0.9%

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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 54%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 38%. The balance between equity and debt is satisfactory.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

53.738%

Financial autonomy (2023) ?
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

37.616%

Cash flow / Revenue (2023) ?
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

-1.117%

Repayment capacity (2023) ?
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

-9.98

Asset age ratio (2023) ?
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

9.7%

Solvency indicators evolution
LAGARRIGUE BRETAGNE

Sector positioning

Debt ratio
53.74 2023
2021
2022
2023
Q1: 4.18
Med: 24.48
Q3: 67.8
Average -8 pts over 3 years

In 2023, the debt ratio of LAGARRIGUE BRETAGNE (53.74) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
37.62% 2023
2021
2022
2023
Q1: 23.55%
Med: 47.34%
Q3: 66.07%
Average +7 pts over 3 years

In 2023, the financial autonomy of LAGARRIGUE BRETAGNE (37.6%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-9.98 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.51 years
Q3: 2.03 years
Excellent

In 2023, the repayment capacity of LAGARRIGUE BRETAGNE (-9.98) 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 150.05. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

150.05

Interest coverage (2023) ?
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

-53.756

Liquidity indicators evolution
LAGARRIGUE BRETAGNE

Sector positioning

Liquidity ratio
150.05 2023
2021
2022
2023
Q1: 162.69
Med: 252.34
Q3: 416.29
Watch

In 2023, the liquidity ratio of LAGARRIGUE BRETAGNE (150.05) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-53.76x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.81x
Q3: 4.71x
Watch +8 pts over 3 years

In 2023, the interest coverage of LAGARRIGUE BRETAGNE (-53.8x) 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. Average customer payment term: 41 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 90 days. Excellent situation: suppliers finance 49 days of the operating cycle (retail model). Inventory turnover is 35 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 95 days of revenue, i.e. 736 k€ to permanently finance. Notable WCR improvement over the period (-36%), freeing up cash.

Operating WCR (2023) ?
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

735 714 €

Customer credit (2023) ?
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

41 j

Supplier credit (2023) ?
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

90 j

Inventory turnover (2023) ?
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

35 j

WCR in days of revenue (2023) ?
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

95 j

WCR and payment terms evolution
LAGARRIGUE BRETAGNE

Positioning of LAGARRIGUE BRETAGNE in its sector

Comparison with sector Fabrication de matériel médico-chirurgical et dentaire

Valuation estimate

Based on 57 transactions of similar company sales (all years), the value of LAGARRIGUE BRETAGNE is estimated at 378 378 € (range 175 815€ - 791 673€). The price/revenue ratio is 0.23x (conservative 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.

Estimated enterprise value 2023
57 tx
175k€ 378k€ 791k€
378 378 € Range: 175 815€ - 791 673€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
2 779 424 € × 0.23x
Estimation 630 374 €
292 967€ - 1 318 952€
Net Income Multiple 20%
126 € × 3.0x
Estimation 384 €
89€ - 757€
How is this estimate calculated?

This estimate is based on the analysis of 57 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 de matériel médico-chirurgical et dentaire)

Compare LAGARRIGUE BRETAGNE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de matériel médico-chirurgical et dentaire

Frequently asked questions about LAGARRIGUE BRETAGNE

What is the revenue of LAGARRIGUE BRETAGNE ?

The revenue of LAGARRIGUE BRETAGNE in 2023 is 2.8 M€.

Is LAGARRIGUE BRETAGNE profitable?

Yes, LAGARRIGUE BRETAGNE generated a net profit of 126€ in 2023.

Where is the headquarters of LAGARRIGUE BRETAGNE ?

The headquarters of LAGARRIGUE BRETAGNE is located in CAUDAN (56850), in the department Morbihan.

Where to find the tax return of LAGARRIGUE BRETAGNE ?

The tax return of LAGARRIGUE BRETAGNE 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 LAGARRIGUE BRETAGNE operate?

LAGARRIGUE BRETAGNE operates in the sector Fabrication de matériel médico-chirurgical et dentaire (NAF code 32.50A). See the 'Sector positioning' section above to compare the company with its competitors.