LE SAVOIR DU BOIS : revenue, balance sheet and financial ratios

In 2023, LE SAVOIR DU BOIS achieves revenue of 371 k€. Revenue is growing positively over 6 years (CAGR: +4.3%). Slight decline of -5% vs 2022. After deducting consumption (0 €), gross margin stands at 371 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 127 k€, representing 34.2% of revenue. Warning negative scissor effect: despite revenue change (-5%), EBITDA varies by -11%, reducing margin by 2.4 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 322 k€, i.e. 86.7% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 9%. 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 87%. 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 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 88.4% 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 898.47. 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 2.6x. Financial charges are adequately covered by operations.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 297 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. The gap of 249 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 750 days of revenue, i.e. 774 k€ to permanently finance. Over 2016-2023, WCR increased by +1059%, requiring additional financing.

Based on 66 transactions of similar company sales in 2023, the value of LE SAVOIR DU BOIS is estimated at 768 434 € (range 297 704€ - 1 632 108€). With an EBITDA of 127 014€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.63x (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.