L.C.N.M. : revenue, balance sheet and financial ratios

L.C.N.M. is a French company founded 31 years ago, specialized in the sector Gestion de fonds. Based in MONTANS (81600), this company of category PME shows in 2020 a revenue of 928 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-11

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

Financial history - L.C.N.M. (SIREN 399140151)
Indicator 2021 2020 2019 2018 2017 2016
Revenue N/C 927 968 € 924 168 € 861 558 € 652 808 € 209 120 €
Net income 19 385 804 € 586 848 € 623 856 € 300 406 € 276 494 € -4 425 €
EBITDA N/C 217 115 € 251 632 € 208 168 € 60 410 € -1 658 €
Net margin N/C 63.2% 67.5% 34.9% 42.4% -2.1%

Revenue and income statement

In 2021, L.C.N.M. generates positive net income of 19.4 M€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax.

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

19 385 804 €

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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 0%. 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 96%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

0.372%

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

95.668%

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

90.1%

Solvency indicators evolution
L.C.N.M.

Sector positioning

Debt ratio
0.37 2021
2019
2020
2021
Q1: 0.02
Med: 16.89
Q3: 133.03
Good -50 pts over 3 years

In 2021, the debt ratio of L.C.N.M. (0.37) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
95.67% 2021
2019
2020
2021
Q1: 13.27%
Med: 52.52%
Q3: 87.72%
Excellent +45 pts over 3 years

In 2021, the financial autonomy of L.C.N.M. (95.7%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
4.57 years 2020
2019
2020
Q1: -0.32 years
Med: 0.0 years
Q3: 3.81 years
Average

In 2020, the repayment capacity of L.C.N.M. (4.57) 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 2170.47. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

2170.473

Liquidity indicators evolution
L.C.N.M.

Sector positioning

Liquidity ratio
2170.47 2021
2019
2020
2021
Q1: 95.51
Med: 362.13
Q3: 2062.09
Excellent +43 pts over 3 years

In 2021, the liquidity ratio of L.C.N.M. (2170.47) 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.

Interest coverage
17.81x 2020
2019
2020
Q1: -45.81x
Med: 0.0x
Q3: 0.0x
Excellent

In 2020, the interest coverage of L.C.N.M. (17.8x) 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.

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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
L.C.N.M.

Positioning of L.C.N.M. in its sector

Comparison with sector Gestion de fonds

Valuation estimate

Based on 76 transactions of similar company sales in 2021, the value of L.C.N.M. is estimated at 211 956 059 € (range 50 479 185€ - 266 160 554€). 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 2021
76 tx
50479k€ 211956k€ 266160k€
211 956 059 € Range: 50 479 185€ - 266 160 554€
NAF 5 année 2021

Valuation method used

Net Income Multiple
19 385 804 € × 10.9x = 211 956 060 €
Range: 50 479 186€ - 266 160 555€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 76 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 (Gestion de fonds)

Compare L.C.N.M. with other companies in the same sector:

Voir toutes les statistiques du secteur Gestion de fonds

Frequently asked questions about L.C.N.M.

What is the revenue of L.C.N.M. ?

The revenue of L.C.N.M. in 2020 is 928 k€.

Is L.C.N.M. profitable?

Yes, L.C.N.M. generated a net profit of 19.4 M€ in 2021.

Where is the headquarters of L.C.N.M. ?

The headquarters of L.C.N.M. is located in MONTANS (81600), in the department Tarn.

Where to find the tax return of L.C.N.M. ?

The tax return of L.C.N.M. 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.C.N.M. operate?

L.C.N.M. operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.