SIREN : 394510929
LE CHEVAL NOIR is a French company founded 32 years ago, specialized in the sector Restauration traditionnelle. Based in PANTIN (93500), this company of category PME shows in 2020 a revenue of 305 k€. 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
| Indicator | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|
| Revenue | 304 821 € | 701 159 € | 759 231 € | 664 764 € | 554 080 € | 546 682 € | 580 396 € |
| Net income | -148 340 € | -40 920 € | 3 625 € | 2 939 € | 7 040 € | 17 454 € | 56 087 € |
| EBITDA | -144 229 € | -36 621 € | 13 429 € | -9 113 € | 20 253 € | 22 420 € | 67 558 € |
| Net margin | -48.7% | -5.8% | 0.5% | 0.4% | 1.3% | 3.2% | 9.7% |
In 2020, LE CHEVAL NOIR achieves revenue of 305 k€. Revenue is declining over the period 2014-2020 (CAGR: -10.2%). Significant drop of -57% vs 2019. After deducting consumption (44 k€), gross margin stands at 260 k€, i.e. a rate of 85%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -144 k€, representing -47.3% of revenue. Warning negative scissor effect: despite revenue change (-57%), EBITDA varies by -294%, reducing margin by 42.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -148 k€ (-48.7% of revenue), which will impact equity.
304 821 €
260 338 €
-144 229 €
-148 022 €
-148 340 €
-47.3%
The debt ratio (= Financial debt / Equity x 100) stands at 141%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory.
140.753%
21.924%
-47.283%
-1.11
17.1%
In 2020, the debt ratio of LE CHEVAL NOIR (140.75) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2020, the financial autonomy of LE CHEVAL NOIR (21.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2020, the repayment capacity of LE CHEVAL NOIR (-1.11) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 54.82. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
54.816
-0.22
In 2020, the liquidity ratio of LE CHEVAL NOIR (54.82) 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.
In 2020, the interest coverage of LE CHEVAL NOIR (-0.2x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 65 days. Excellent situation: suppliers finance 65 days of the operating cycle (retail model). Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-125 days): operations structurally generate cash. Over 2014-2020, WCR increased by +27%, requiring additional financing.
-105 633 €
0 j
65 j
3 j
-125 j
Based on 719 transactions of similar company sales in 2020, the value of LE CHEVAL NOIR is estimated at 189 965 € (range 121 519€ - 269 740€). The price/revenue ratio is 0.62x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 719 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare LE CHEVAL NOIR with other companies in the same sector:
Voir toutes les statistiques du secteur Restauration traditionnelle
The revenue of LE CHEVAL NOIR in 2020 is 305 k€.
LE CHEVAL NOIR recorded a net loss in 2020.
The headquarters of LE CHEVAL NOIR is located in PANTIN (93500), in the department Seine-Saint-Denis.
The tax return of LE CHEVAL NOIR 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).
LE CHEVAL NOIR operates in the sector Restauration traditionnelle (NAF code 56.10A). See the 'Sector positioning' section above to compare the company with its competitors.