LE PARC DE MONTVERT - CASTELGOLF - MINI-GOLF DE CASTELMAUROU : revenue, balance sheet and financial ratios

In 2024, LE PARC DE MONTVERT - CASTELGOLF - MINI-GOLF DE CASTELMAUROU achieves revenue of 70 k€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.3%. Vs 2021, growth of +47% (48 k€ -> 70 k€). After deducting consumption (8 k€), gross margin stands at 62 k€, i.e. a rate of 88%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 18 k€, representing 25.0% of revenue. Warning negative scissor effect: despite revenue change (+47%), EBITDA varies by -6%, reducing margin by 14.1 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 11 k€, i.e. 15.8% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 42%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 24.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 104.55. 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 0.4x. Danger: operating income does not cover interest charges, unsustainable situation.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 8 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 13 days. Favorable situation: supplier credit is longer than customer credit by 5 days. Inventory turnover is 7 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-34 days): operations structurally generate cash. Over 2018-2024, WCR increased by +88%, requiring additional financing.

Based on 114 transactions of similar company sales (all years), the value of LE PARC DE MONTVERT - CASTELGOLF - MINI-GOLF DE CASTELMAUROU is estimated at 77 335 € (range 43 042€ - 132 194€). With an EBITDA of 17 622€, the sector multiple of 5.1x is applied. The price/revenue ratio is 0.72x (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.