LE MARMARIS CHEZ RAUF EURL : revenue, balance sheet and financial ratios

In 2023, LE MARMARIS CHEZ RAUF EURL achieves revenue of 107 k€. Revenue is growing positively over 9 years (CAGR: +1.2%). Slight decline of -10% vs 2022. After deducting consumption (50 k€), gross margin stands at 57 k€, i.e. a rate of 53%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4 k€, representing 3.4% of revenue. Warning negative scissor effect: despite revenue change (-10%), EBITDA varies by -70%, reducing margin by 6.7 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -9 k€ (-8.4% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at -188%. 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 52%. 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 3.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 46.74. 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 1.9x. Coverage is limited: any activity downturn would jeopardize interest payments.

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: 40 days. Excellent situation: suppliers finance 40 days of the operating cycle (retail model). Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-41 days): operations structurally generate cash. Notable WCR improvement over the period (-104%), freeing up cash.

Based on 689 transactions of similar company sales in 2023, the value of LE MARMARIS CHEZ RAUF EURL is estimated at 40 830 € (range 23 300€ - 67 529€). With an EBITDA of 3 663€, the sector multiple of 6.3x is applied. The price/revenue ratio is 0.66x (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.