LES PISCINES DU GARLABAN : revenue, balance sheet and financial ratios

LES PISCINES DU GARLABAN is a French company founded 16 years ago, specialized in the sector Autres commerces de détail spécialisés divers. Based in AUBAGNE (13400), this company of category PME shows in 2023 a revenue of 2.2 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

Financial history - LES PISCINES DU GARLABAN (SIREN 519903215)
Indicator 2023 2022 2018 2017 2016 2015
Revenue 2 194 774 € 2 129 222 € 1 413 754 € 1 452 528 € 1 489 573 € 1 235 520 €
Net income 70 135 € 89 193 € 19 162 € 4 805 € 17 712 € 4 941 €
EBITDA 71 390 € 90 731 € 45 894 € 32 238 € 46 325 € 30 357 €
Net margin 3.2% 4.2% 1.4% 0.3% 1.2% 0.4%

Revenue and income statement

In 2023, LES PISCINES DU GARLABAN achieves revenue of 2.2 M€. Over the period 2015-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +7.4%. Vs 2022: +3%. After deducting consumption (1.2 M€), gross margin stands at 1.0 M€, i.e. a rate of 47%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 71 k€, representing 3.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 70 k€, i.e. 3.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 194 774 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 028 261 €

EBITDA (2023) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

71 390 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

87 585 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

70 135 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.3%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at -123%. 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 -11%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-123.041%

Financial autonomy (2023) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

-10.688%

Cash flow / Revenue (2023) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

2.823%

Repayment capacity (2023) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

1.479

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

33.7%

Solvency indicators evolution
LES PISCINES DU GARLABAN

Sector positioning

Debt ratio
-123.04 2023
2018
2022
2023
Q1: 0.03
Med: 18.67
Q3: 75.45
Excellent -50 pts over 3 years

In 2023, the debt ratio of LES PISCINES DU GARLABAN (-123.04) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-10.69% 2023
2018
2022
2023
Q1: 4.17%
Med: 30.41%
Q3: 56.54%
Average

In 2023, the financial autonomy of LES PISCINES DU GARLABAN (-10.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
1.48 years 2023
2018
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.93 years
Average -6 pts over 3 years

In 2023, the repayment capacity of LES PISCINES DU GARLABAN (1.48) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 96.42. 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.

Liquidity ratio (2023) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

96.421

Interest coverage (2023) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.422

Liquidity indicators evolution
LES PISCINES DU GARLABAN

Sector positioning

Liquidity ratio
96.42 2023
2018
2022
2023
Q1: 132.02
Med: 227.72
Q3: 418.09
Watch -12 pts over 3 years

In 2023, the liquidity ratio of LES PISCINES DU GARLABAN (96.42) 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.

Interest coverage
0.42x 2023
2018
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 2.31x
Good -21 pts over 3 years

In 2023, the interest coverage of LES PISCINES DU GARLABAN (0.4x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 58 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 22 days. The gap of 36 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 24 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 12 days of revenue, i.e. 72 k€ to permanently finance. Notable WCR improvement over the period (-41%), freeing up cash.

Operating WCR (2023) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

72 274 €

Customer credit (2023) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

58 j

Supplier credit (2023) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

22 j

Inventory turnover (2023) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

24 j

WCR in days of revenue (2023) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

12 j

WCR and payment terms evolution
LES PISCINES DU GARLABAN

Positioning of LES PISCINES DU GARLABAN in its sector

Comparison with sector Autres commerces de détail spécialisés divers

Valuation estimate

Based on 100 transactions of similar company sales in 2023, the value of LES PISCINES DU GARLABAN is estimated at 470 739 € (range 250 236€ - 953 907€). With an EBITDA of 71 390€, the sector multiple of 3.9x is applied. The price/revenue ratio is 0.42x (conservative valuation). 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.

Estimated enterprise value 2023
100 transactions
250k€ 470k€ 953k€
470 739 € Range: 250 236€ - 953 907€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
71 390 € × 3.9x
Estimation 275 053 €
126 301€ - 592 800€
Revenue Multiple 30%
2 194 774 € × 0.42x
Estimation 915 518 €
529 837€ - 1 748 079€
Net Income Multiple 20%
70 135 € × 4.2x
Estimation 292 785 €
140 675€ - 665 417€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 100 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Autres commerces de détail spécialisés divers)

Compare LES PISCINES DU GARLABAN with other companies in the same sector:

Voir toutes les statistiques du secteur Autres commerces de détail spécialisés divers

Frequently asked questions about LES PISCINES DU GARLABAN

What is the revenue of LES PISCINES DU GARLABAN ?

The revenue of LES PISCINES DU GARLABAN in 2023 is 2.2 M€.

Is LES PISCINES DU GARLABAN profitable?

Yes, LES PISCINES DU GARLABAN generated a net profit of 70 k€ in 2023.

Where is the headquarters of LES PISCINES DU GARLABAN ?

The headquarters of LES PISCINES DU GARLABAN is located in AUBAGNE (13400), in the department Bouches-du-Rhone.

Where to find the tax return of LES PISCINES DU GARLABAN ?

The tax return of LES PISCINES DU GARLABAN 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).

In which sector does LES PISCINES DU GARLABAN operate?

LES PISCINES DU GARLABAN operates in the sector Autres commerces de détail spécialisés divers (NAF code 47.78C). See the 'Sector positioning' section above to compare the company with its competitors.