Le dernier exercice comptable publié pour cette entreprise remonte à 2021. Les données ci-dessous peuvent ne plus refléter sa situation actuelle.

L'ARTEMIS : revenue, balance sheet and financial ratios

L'ARTEMIS is a French company founded 15 years ago, specialized in the sector Élevage de chevaux et d'autres équidés. Based in SAINT-EMILION (33330), this company of category PME shows in 2021 a revenue of 103 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-07-11

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

Synthèse

Santé financière : Fragile

Signal structurel : exploitation déficitaire (EBE négatif).

In summary, L'ARTEMIS is currently loss-making, which weighs on its accounts. Its financial structure is broadly in line with its sector.

Financial history - L'ARTEMIS (SIREN 531521987)
Indicator 2021 2020 2019 2018 2017 2016 2015
Revenue 103 357 € 68 600 € 55 212 € 49 948 € 108 237 € 30 833 € 20 000 €
Net income -117 908 € 162 001 € -55 767 € -207 976 € 1 225 589 € 13 194 € -117 755 €
EBITDA -266 989 € -169 682 € -204 046 € -176 090 € -167 488 € -162 581 € -157 526 €
Net margin -114.1% 236.2% -101.0% -416.4% 1132.3% 42.8% -588.8%

Revenue and income statement

In 2021, L'ARTEMIS achieves revenue of 103 k€. Activity remains stable over the period (CAGR: -1.1%). Vs 2020, growth of +51% (69 k€ -> 103 k€). After deducting consumption (73 k€), gross margin stands at 30 k€, i.e. a rate of 29%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -267 k€, representing -258.3% of revenue. Warning negative scissor effect: despite revenue change (+51%), EBITDA varies by -57%, reducing margin by 11.0 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -118 k€ (-114.1% of revenue), which will impact equity.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

103 357 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

30 180 €

EBITDA (2021) ?
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

-266 989 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-265 231 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-117 908 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-258.3%

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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 42%. This ratio is slightly less favorable than the sector median (40.2%). Financial autonomy (= Equity / Total assets x 100) reaches 69%. This ratio is more favorable than the sector median (49.5%).

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

41.73%

Financial autonomy (2021) ?
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

68.53%

Cash flow / Revenue (2021) ?
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

-246.95%

Repayment capacity (2021) ?
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

-31.85

Asset age ratio (2021) ?
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

98.9%

Solvency indicators evolution
L'ARTEMIS

Sector positioning

Debt ratio
41.73% 2021
Q1: 0.0%
Med: 40.18%
Q3: 116.12%
Average +11 pts over 3 years

In 2021, the debt ratio of L'ARTEMIS (41.7%) 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
68.53% 2021
Q1: 16.45%
Med: 49.53%
Q3: 82.81%
Good -6 pts over 3 years

In 2021, the financial autonomy of L'ARTEMIS (68.5%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 27.58. Compared with its sector, this ratio places the company among the best positioned (sector median: 1.1).

Liquidity ratio (2021) ?
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

27.58

Interest coverage (2021) ?
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

-24.84

Liquidity indicators evolution
L'ARTEMIS

Sector positioning

Liquidity ratio
27.58 2021
Q1: 0.24
Med: 1.11
Q3: 4.33
Excellent

In 2021, the liquidity ratio of L'ARTEMIS (27.58) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

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: 521 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 19 days. The gap of 502 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 808 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 35337 days of revenue, i.e. 10.1 M€ to permanently finance. Between 2018 and 2021, WCR improved by 43937 days of revenue, freeing up cash.

Operating WCR (2021) ?
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

10 145 417 €

Customer credit (2021) ?
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

521 j

Supplier credit (2021) ?
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

19 j

Inventory turnover (2021) ?
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

808 j

WCR in days of revenue (2021) ?
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

35337 j

WCR and payment terms evolution
L'ARTEMIS

Positioning of L'ARTEMIS in its sector

Comparison with sector Élevage de chevaux et d'autres équidés

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (32 transactions). This range of 29 607€ to 178 081€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
29k€ 85k€ 178k€
85 529 € Range: 29 607€ - 178 081€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 32 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 (Élevage de chevaux et d'autres équidés)

Compare L'ARTEMIS with other companies in the same sector:

Top companies in Élevage de chevaux et d'autres équidés

Largest companies by revenue in the sector Élevage de chevaux et d'autres équidés:

Top companies in Gironde

Largest companies by revenue in the department Gironde:

Frequently asked questions about L'ARTEMIS

What is the revenue of L'ARTEMIS ?

The revenue of L'ARTEMIS in 2021 is 103 k€.

Is L'ARTEMIS profitable?

L'ARTEMIS recorded a net loss in 2021.

Where is the headquarters of L'ARTEMIS ?

The headquarters of L'ARTEMIS is located in SAINT-EMILION (33330), in the department Gironde.

Where to find the tax return of L'ARTEMIS ?

The tax return of L'ARTEMIS 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'ARTEMIS operate?

L'ARTEMIS operates in the sector Élevage de chevaux et d'autres équidés (NAF code 01.43Z). See the 'Sector positioning' section above to compare the company with its competitors.