LAUNAY INVESTISSEMENT : revenue, balance sheet and financial ratios

LAUNAY INVESTISSEMENT is a French company founded 33 years ago, specialized in the sector Conseil pour les affaires et autres conseils de gestion. Based in BAGNOLES-DE-L'ORNE-NORMANDIE (61140), this company of category PME shows in 2020 a revenue of 254 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - LAUNAY INVESTISSEMENT (SIREN 389331208)
Indicator 2020 2020 2019 2018 2017
Revenue 253 507 € 244 540 € 247 533 € 248 018 € 251 174 €
Net income 34 467 € -4 840 € -4 375 € 6 612 € 21 716 €
EBITDA 42 602 € -2 055 € -110 € 14 663 € 30 231 €
Net margin 13.6% -2.0% -1.8% 2.7% 8.6%

Revenue and income statement

In 2020, LAUNAY INVESTISSEMENT achieves revenue of 254 k€. Revenue is growing positively over 5 years (CAGR: +0.3%). Vs 2020: +4%. After deducting consumption (0 €), gross margin stands at 254 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 43 k€, representing 16.8% of revenue. Positive scissor effect: EBITDA margin improves by +17.6 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 34 k€, i.e. 13.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

253 507 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

253 507 €

EBITDA (2020) ?
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

42 602 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

42 021 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

34 467 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

16.8%

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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 49%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 58%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.4 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 13.9% 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 (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

49.421%

Financial autonomy (2020) ?
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

57.779%

Cash flow / Revenue (2020) ?
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

13.867%

Repayment capacity (2020) ?
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

3.397

Asset age ratio (2020) ?
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

12.7%

Solvency indicators evolution
LAUNAY INVESTISSEMENT

Sector positioning

Debt ratio
49.42 2020
2019
2020
2020
Q1: 0.0
Med: 5.56
Q3: 57.97
Average

In 2020, the debt ratio of LAUNAY INVESTISSEMENT (49.42) 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
57.78% 2020
2019
2020
2020
Q1: 5.51%
Med: 38.11%
Q3: 73.12%
Good

In 2020, the financial autonomy of LAUNAY INVESTISSEMENT (57.8%) 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.

Repayment capacity
3.4 years 2020
2019
2020
2020
Q1: 0.0 years
Med: 0.0 years
Q3: 0.94 years
Average +50 pts over 3 years

In 2020, the repayment capacity of LAUNAY INVESTISSEMENT (3.40) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 298.56. 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 0.9x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2020) ?
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

298.556

Interest coverage (2020) ?
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

0.932

Liquidity indicators evolution
LAUNAY INVESTISSEMENT

Sector positioning

Liquidity ratio
298.56 2020
2019
2020
2020
Q1: 139.95
Med: 286.59
Q3: 705.54
Good +11 pts over 3 years

In 2020, the liquidity ratio of LAUNAY INVESTISSEMENT (298.56) 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.

Interest coverage
0.93x 2020
2019
2020
2020
Q1: 0.0x
Med: 0.0x
Q3: 0.11x
Excellent +50 pts over 3 years

In 2020, the interest coverage of LAUNAY INVESTISSEMENT (0.9x) 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: 33 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 442 days. Excellent situation: suppliers finance 409 days of the operating cycle (retail model). Overall, WCR represents 154 days of revenue, i.e. 108 k€ to permanently finance. Over 2017-2020, WCR increased by +27%, requiring additional financing.

Operating WCR (2020) ?
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

108 392 €

Customer credit (2020) ?
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

33 j

Supplier credit (2020) ?
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

442 j

Inventory turnover (2020) ?
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

0 j

WCR in days of revenue (2020) ?
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

154 j

WCR and payment terms evolution
LAUNAY INVESTISSEMENT

Positioning of LAUNAY INVESTISSEMENT in its sector

Comparison with sector Conseil pour les affaires et autres conseils de gestion

Valuation estimate

Based on 53 transactions of similar company sales in 2020, the value of LAUNAY INVESTISSEMENT is estimated at 161 381 € (range 84 673€ - 282 104€). With an EBITDA of 42 602€, the sector multiple of 4.6x is applied. The price/revenue ratio is 0.45x (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 2020
53 tx
84k€ 161k€ 282k€
161 381 € Range: 84 673€ - 282 104€
NAF 5 année 2020

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
42 602 € × 4.6x
Estimation 194 240 €
118 571€ - 313 627€
Revenue Multiple 30%
253 507 € × 0.45x
Estimation 114 993 €
50 895€ - 137 354€
Net Income Multiple 20%
34 467 € × 4.3x
Estimation 148 818 €
50 598€ - 420 423€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 53 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 (Conseil pour les affaires et autres conseils de gestion)

Compare LAUNAY INVESTISSEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Conseil pour les affaires et autres conseils de gestion

Frequently asked questions about LAUNAY INVESTISSEMENT

What is the revenue of LAUNAY INVESTISSEMENT ?

The revenue of LAUNAY INVESTISSEMENT in 2020 is 254 k€.

Is LAUNAY INVESTISSEMENT profitable?

Yes, LAUNAY INVESTISSEMENT generated a net profit of 34 k€ in 2020.

Where is the headquarters of LAUNAY INVESTISSEMENT ?

The headquarters of LAUNAY INVESTISSEMENT is located in BAGNOLES-DE-L'ORNE-NORMANDIE (61140), in the department Orne.

Where to find the tax return of LAUNAY INVESTISSEMENT ?

The tax return of LAUNAY INVESTISSEMENT 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 LAUNAY INVESTISSEMENT operate?

LAUNAY INVESTISSEMENT operates in the sector Conseil pour les affaires et autres conseils de gestion (NAF code 70.22Z). See the 'Sector positioning' section above to compare the company with its competitors.