SIREN : 403149743
LE GRAND HOTEL DES BAINS is a French company founded 30 years ago, specialized in the sector Hôtels et hébergement similaire . Based in LOCQUIREC (29241), this company of category PME shows in 2024 a revenue of 3.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2023 | 2021 | 2020 | 2018 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 3 323 629 € | N/C | 3 701 229 € | N/C | 2 745 078 € | N/C | 2 237 221 € |
| Net income | -43 442 € | 451 530 € | 196 781 € | 197 029 € | 197 091 € | 128 517 € | 194 139 € |
| EBITDA | 183 292 € | N/C | 485 861 € | N/C | 442 315 € | N/C | 415 318 € |
| Net margin | -1.3% | N/C | 5.3% | N/C | 7.2% | N/C | 8.7% |
In 2024, LE GRAND HOTEL DES BAINS achieves revenue of 3.3 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.1%. After deducting consumption (469 k€), gross margin stands at 2.9 M€, i.e. a rate of 86%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 183 k€, representing 5.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -43 k€ (-1.3% of revenue), which will impact equity.
3 323 629 €
2 855 080 €
183 292 €
86 781 €
-43 442 €
5.5%
The debt ratio (= Financial debt / Equity x 100) stands at 86%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 44%. 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 9.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 4.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
86.231%
43.707%
4.869%
9.078
40.2%
In 2024, the debt ratio of LE GRAND HOTEL DES BAINS (86.23) 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 2024, the financial autonomy of LE GRAND HOTEL DES BAINS (43.7%) 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.
In 2024, the repayment capacity of LE GRAND HOTEL DES BAINS (9.08) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 112.34. 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 16.5x. Operating income very largely covers interest expenses: high safety margin.
112.336
16.469
In 2024, the liquidity ratio of LE GRAND HOTEL DES BAINS (112.34) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of LE GRAND HOTEL DES BAINS (16.5x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 14 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 100 days. Excellent situation: suppliers finance 86 days of the operating cycle (retail model). Inventory turnover is 5 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 16 days of revenue, i.e. 148 k€ to permanently finance. Over 2016-2024, WCR increased by +282%, requiring additional financing.
148 500 €
14 j
100 j
5 j
16 j
Based on 99 transactions of similar company sales
in 2024,
the value of LE GRAND HOTEL DES BAINS is estimated at
1 224 103 €
(range 464 559€ - 2 493 914€).
With an EBITDA of 183 292€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.54x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 99 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 GRAND HOTEL DES BAINS with other companies in the same sector:
Voir toutes les statistiques du secteur Hôtels et hébergement similaire
The revenue of LE GRAND HOTEL DES BAINS in 2024 is 3.3 M€.
LE GRAND HOTEL DES BAINS recorded a net loss in 2024.
The headquarters of LE GRAND HOTEL DES BAINS is located in LOCQUIREC (29241), in the department Finistere.
The tax return of LE GRAND HOTEL DES BAINS 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 GRAND HOTEL DES BAINS operates in the sector Hôtels et hébergement similaire (NAF code 55.10Z). See the 'Sector positioning' section above to compare the company with its competitors.