L'ALSACIENNE DE RESTAURATION : revenue, balance sheet and financial ratios

L'ALSACIENNE DE RESTAURATION is a French company founded 49 years ago, specialized in the sector Autres services de restauration n.c.a.. Based in SCHILTIGHEIM (67300), this company of category GE shows in 2022 a revenue of 59.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

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

Financial history - L'ALSACIENNE DE RESTAURATION (SIREN 312478266)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 59 684 744 € 46 735 436 € 42 222 176 € 51 249 360 € 51 301 491 € 50 470 764 € 50 166 821 €
Net income -1 811 357 € -78 122 € -6 058 346 € 319 333 € 1 094 207 € 418 129 € 698 098 €
EBITDA 317 504 € -492 606 € -2 116 897 € 1 507 499 € 1 580 960 € 669 235 € 1 111 385 €
Net margin -3.0% -0.2% -14.3% 0.6% 2.1% 0.8% 1.4%

Revenue and income statement

In 2022, L'ALSACIENNE DE RESTAURATION achieves revenue of 59.7 M€. Revenue is growing positively over 7 years (CAGR: +2.9%). Vs 2021, growth of +28% (46.7 M€ -> 59.7 M€). After deducting consumption (22.0 M€), gross margin stands at 37.7 M€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 318 k€, representing 0.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -1.8 M€ (-3.0% of revenue), which will impact equity.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

59 684 744 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

37 657 308 €

EBITDA (2022) ?
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

317 504 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-1 620 179 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-1 811 357 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.5%

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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 -3%. 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 -40%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-2.702%

Financial autonomy (2022) ?
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

-39.514%

Cash flow / Revenue (2022) ?
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

-1.897%

Repayment capacity (2022) ?
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

-0.099

Asset age ratio (2022) ?
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

20.7%

Solvency indicators evolution
L'ALSACIENNE DE RESTAURATION

Sector positioning

Debt ratio
-2.7 2022
2020
2021
2022
Q1: 0.0
Med: 10.18
Q3: 88.62
Excellent

In 2022, the debt ratio of L'ALSACIENNE DE RESTAURATION (-2.70) 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
-39.51% 2022
2020
2021
2022
Q1: -1.7%
Med: 24.05%
Q3: 48.48%
Average

In 2022, the financial autonomy of L'ALSACIENNE DE RESTAURATION (-39.5%) 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
-0.1 years 2022
2020
2021
2022
Q1: -0.23 years
Med: 0.0 years
Q3: 1.78 years
Good -11 pts over 3 years

In 2022, the repayment capacity of L'ALSACIENNE DE RESTAURATION (-0.10) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 45.22. 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 57.1x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2022) ?
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

45.215

Interest coverage (2022) ?
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

57.091

Liquidity indicators evolution
L'ALSACIENNE DE RESTAURATION

Sector positioning

Liquidity ratio
45.22 2022
2020
2021
2022
Q1: 91.95
Med: 140.01
Q3: 236.56
Watch -6 pts over 3 years

In 2022, the liquidity ratio of L'ALSACIENNE DE RESTAURATION (45.22) 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
57.09x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.0x
Q3: 4.26x
Excellent +53 pts over 3 years

In 2022, the interest coverage of L'ALSACIENNE DE RESTAURATION (57.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 18 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. Excellent situation: suppliers finance 45 days of the operating cycle (retail model). Inventory turnover is 7 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-14 days): operations structurally generate cash. Notable WCR improvement over the period (-189%), freeing up cash.

Operating WCR (2022) ?
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

-2 325 914 €

Customer credit (2022) ?
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

18 j

Supplier credit (2022) ?
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

63 j

Inventory turnover (2022) ?
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

7 j

WCR in days of revenue (2022) ?
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

-14 j

WCR and payment terms evolution
L'ALSACIENNE DE RESTAURATION

Positioning of L'ALSACIENNE DE RESTAURATION in its sector

Comparison with sector Autres services de restauration n.c.a.

Valuation estimate

Based on 204 transactions of similar company sales (all years), the value of L'ALSACIENNE DE RESTAURATION is estimated at 15 332 516 € (range 8 996 424€ - 21 731 893€). With an EBITDA of 317 504€, the sector multiple of 5.5x is applied. The price/revenue ratio is 0.64x (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.

Estimated enterprise value 2022
204 transactions
8996k€ 15332k€ 21731k€
15 332 516 € Range: 8 996 424€ - 21 731 893€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
317 504 € × 5.5x
Estimation 1 760 489 €
867 769€ - 3 105 501€
Revenue Multiple 30%
59 684 744 € × 0.64x
Estimation 37 952 564 €
22 544 184€ - 52 775 879€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 204 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 (Autres services de restauration n.c.a.)

Compare L'ALSACIENNE DE RESTAURATION with other companies in the same sector:

Voir toutes les statistiques du secteur Autres services de restauration n.c.a.

Frequently asked questions about L'ALSACIENNE DE RESTAURATION

What is the revenue of L'ALSACIENNE DE RESTAURATION ?

The revenue of L'ALSACIENNE DE RESTAURATION in 2022 is 59.7 M€.

Is L'ALSACIENNE DE RESTAURATION profitable?

L'ALSACIENNE DE RESTAURATION recorded a net loss in 2022.

Where is the headquarters of L'ALSACIENNE DE RESTAURATION ?

The headquarters of L'ALSACIENNE DE RESTAURATION is located in SCHILTIGHEIM (67300), in the department Bas-Rhin.

Where to find the tax return of L'ALSACIENNE DE RESTAURATION ?

The tax return of L'ALSACIENNE DE RESTAURATION 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 L'ALSACIENNE DE RESTAURATION operate?

L'ALSACIENNE DE RESTAURATION operates in the sector Autres services de restauration n.c.a. (NAF code 56.29B). See the 'Sector positioning' section above to compare the company with its competitors.