Employees: 00 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 1994-05-15 (32 years)Status: ActiveBusiness sector: Commerce de gros (commerce interentreprises) d'habillement et de chaussuresLocation: BIARRITZ (64200), Pyrenees-Atlantiques
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
Le dernier exercice comptable publié pour cette entreprise remonte à 2016. Les données ci-dessous peuvent ne plus refléter sa situation actuelle.
LAGOON SURF DISTRIBUTION : revenue, balance sheet and financial ratios
LAGOON SURF DISTRIBUTION is a French company
founded 32 years ago,
specialized in the sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures.
Based in BIARRITZ (64200),
this company of category PME
shows in 2016 a revenue of 404 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In summary, LAGOON SURF DISTRIBUTION posts positive profitability over the latest financial year. Its financial structure is severely weakened: equity is negative.
Financial history - LAGOON SURF DISTRIBUTION (SIREN 394840631)
Indicator
2016
Revenue
403 507 €
Net income
32 465 €
EBITDA
35 710 €
Net margin
8.0%
Revenue and income statement
In 2016, LAGOON SURF DISTRIBUTION achieves revenue of 404 k€. After deducting consumption (258 k€), gross margin stands at 146 k€, i.e. a rate of 36%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 36 k€, representing 8.8% of revenue. Compared with its sector, this ratio places the company among the best positioned (sector median: 2.3%). Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 32 k€, i.e. 8.0% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2016)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
403 507 €
Gross margin (2016)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
145 946 €
EBITDA (2016)
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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
35 710 €
EBIT (2016)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
36 135 €
Net income (2016)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
32 465 €
EBITDA margin (2016)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
8.8%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
Warning: the company shows negative equity (accumulated losses exceed its capital). This is a major financial weakness which makes debt and autonomy ratios non-meaningful. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.7 years of cash flow to repay all financial debt. Cash flow represents 3.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This ratio is more favorable than the sector median (2.0%).
Debt ratio (2016)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
Non significatif
Financial autonomy (2016)
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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
Non significatif
Cash flow / Revenue (2016)
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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
3.24%
Repayment capacity (2016)
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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
7.7
Solvency indicators evolution LAGOON SURF DISTRIBUTION
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
Debt ratio
-1127.107
Financial autonomy
-4.71
Repayment capacity
7.698
Cash flow / Revenue
3.242%
Sector positioning
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 1.88. This ratio is more favorable than the sector median (1.5). The interest coverage ratio (= EBIT / Interest expenses) is 17.4x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2016)
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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
1.88
Interest coverage (2016)
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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
17.35
Liquidity indicators evolution LAGOON SURF DISTRIBUTION
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
Liquidity ratio
1.87563
Interest coverage
17.348
Sector positioning
Liquidity ratio
1.882016
Q1: 1.01
Med: 1.48
Q3: 2.79
Good
In 2016, the liquidity ratio of LAGOON SURF DISTRIBUTION (1.88) 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.
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: 69 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. The gap of 33 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 40 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 91 days of revenue, i.e. 102 k€ to permanently finance.
Operating WCR (2016)
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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
102 059 €
Customer credit (2016)
?
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
69 j
Supplier credit (2016)
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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
36 j
Inventory turnover (2016)
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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
40 j
WCR in days of revenue (2016)
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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
91 j
WCR and payment terms evolution LAGOON SURF DISTRIBUTION
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
Operating WCR
102 059 €
Inventory turnover (days)
40
Customer payment term (days)
69
Supplier payment term (days)
36
Positioning of LAGOON SURF DISTRIBUTION in its sector
Comparison with sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures
Valuation estimate
Based on 124 transactions of similar company sales
(all years),
the value of LAGOON SURF DISTRIBUTION is estimated at
79 175 €
(range 32 571€ - 176 510€).
With an EBITDA of 35 710€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.17x
(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.
Estimated enterprise value2016
124 transactions
32k€79k€176k€
79 175 €Range: 32 571€ - 176 510€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
35 710 €×2.4x
Estimation86 481 €
35 565€ - 178 937€
Revenue Multiple30%
403 507 €×0.17x
Estimation70 228 €
36 130€ - 202 231€
Net Income Multiple20%
32 465 €×2.3x
Estimation74 335 €
19 751€ - 131 864€
How is this estimate calculated?
This estimate is based on the analysis of 124 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 (Commerce de gros (commerce interentreprises) d'habillement et de chaussures)
Compare LAGOON SURF DISTRIBUTION with other companies in the same sector:
Frequently asked questions about LAGOON SURF DISTRIBUTION
What is the revenue of LAGOON SURF DISTRIBUTION ?
The revenue of LAGOON SURF DISTRIBUTION in 2016 is 404 k€.
Is LAGOON SURF DISTRIBUTION profitable?
Yes, LAGOON SURF DISTRIBUTION generated a net profit of 32 k€ in 2016.
Where is the headquarters of LAGOON SURF DISTRIBUTION ?
The headquarters of LAGOON SURF DISTRIBUTION is located in BIARRITZ (64200), in the department Pyrenees-Atlantiques.
Where to find the tax return of LAGOON SURF DISTRIBUTION ?
The tax return of LAGOON SURF DISTRIBUTION 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 LAGOON SURF DISTRIBUTION operate?
LAGOON SURF DISTRIBUTION operates in the sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures (NAF code 46.42Z). See the 'Sector positioning' section above to compare the company with its competitors.