LM CONDUITE 34 : revenue, balance sheet and financial ratios
Revenue 2021198 k€+68 % vs 2020
EBITDA 202116 k€-54 % vs 2020
Net income 202112 k€-38 % vs 2020
LM CONDUITE 34 is a French company
founded 9 years ago,
specialized in the sector Enseignement de la conduite.
Based in FRONTIGNAN (34110),
this company of category PME
shows in 2021 a revenue of 198 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
At a glance (2021) :
revenue 198 k€, EBITDA 16 k€ (8.2 % of revenue), net income 12 k€.
Le dernier exercice comptable publié pour cette entreprise remonte à 2021. Les données ci-dessous peuvent ne plus refléter sa situation actuelle.
Synthèse
Santé financière :
Sous tension
Point(s) de vigilance : liquidité à court terme tendue.
In summary, LM CONDUITE 34 combines a growing business with positive profitability. Its financial structure is solid, with debt well contained relative to its sector. Point of attention: short-term liquidity is tight.
Financial history · amounts in €k
Financial history - LM CONDUITE 34 (SIREN 823960513) · amounts in thousands of euros (€k)
In 2021, LM CONDUITE 34 achieves revenue of 198 k€. Over the period 2018-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +55.6%. Vs 2020, growth of +68% (118 k€ -> 198 k€). After deducting consumption (3 k€), gross margin stands at 194 k€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 16 k€, representing 8.2% of revenue. Warning negative scissor effect: despite revenue change (+68%), EBITDA varies by -54%, reducing margin by 21.5 pts. This reflects costs rising faster than revenue. This ratio is more favorable than the sector median (6.8%). Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 12 k€, i.e. 6.2% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2021)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
197 615 €
Gross margin (2021)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
194 202 €
EBITDA (2021)
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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
16 130 €
EBIT (2021)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
10 176 €
Net income (2021)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
12 348 €
EBITDA margin (2021)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
8,2 %
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 29%. This ratio is more favorable than the sector median (45.5%). Financial autonomy (= Equity / Total assets x 100) reaches 12%. This ratio is slightly less favorable than the sector median (31.5%). Cash flow represents 11.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This ratio is more favorable than the sector median (6.7%).
Debt ratio (2021)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
28,8 %
Financial autonomy (2021)
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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
12,2 %
Cash flow / Revenue (2021)
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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
11,2 %
Asset age ratio (2021)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2018
2019
2020
2021
Debt ratio
435,1 %
212,4 %
56,2 %
28,8 %
Financial autonomy
52,2 %
33,4 %
19,4 %
12,2 %
Repayment capacity
—
—
—
—
Cash flow / Revenue
5,7 %
6,2 %
23,2 %
11,2 %
Sector positioning
Debt ratio
28,8%2021
Q1: 2,1%
Med: 45,5%
Q3: 133,5%
Good212,4 % → 28,8 % depuis 2019
In 2021, the debt ratio of LM CONDUITE 34 (28,8%) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
Financial autonomy
12,2%2021
Q1: 11,6%
Med: 31,5%
Q3: 49,7%
Average33,4 % → 12,2 % depuis 2019
In 2021, the financial autonomy of LM CONDUITE 34 (12,2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 0.55. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement.
Liquidity ratio (2021)
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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
0,55
Liquidity indicators evolution LM CONDUITE 34
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2018
2019
2020
2021
Liquidity ratio
0,40
0,46
0,78
0,55
Sector positioning
Liquidity ratio
0,552021
Q1: 0,93
Med: 1,62
Q3: 2,67
Watch0,5 → 0,6 depuis 2019
In 2021, the liquidity ratio of LM CONDUITE 34 (0,55) 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.
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: 6 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 60 days. Excellent situation: suppliers finance 54 days of the operating cycle (retail model). WCR is negative (-79 days): operations structurally generate cash. Between 2018 and 2021, WCR worsened by 14 days of revenue, signaling an increased financing need.
Operating WCR (2021)
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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
-43 618 €
Customer credit (2021)
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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
6 j
Supplier credit (2021)
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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
60 j
Inventory turnover (2021)
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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
0 j
WCR in days of revenue (2021)
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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
-79 j
WCR and payment terms evolution LM CONDUITE 34
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2018
2019
2020
2021
Operating WCR
-13 678 €
-11 856 €
-40 750 €
-43 618 €
Inventory turnover (days)
0 j
0 j
0 j
0 j
Customer payment term (days)
36 j
27 j
0 j
6 j
Supplier payment term (days)
13 j
4 j
8 j
60 j
Positioning of LM CONDUITE 34 in its sector
Comparison with sector Enseignement de la conduite
Valuation estimate
Based on 208 transactions of similar company sales
(all years),
the value of LM CONDUITE 34 is estimated at
53 344 €
(range 22 265€ - 120 357€).
With an EBITDA of 16 130€, the sector multiple of 3.6x is applied.
The price/revenue ratio is 0.25x
(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 value2021
208 transactions
22k€53k€120k€
53 344 €Range: 22 265€ - 120 357€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
16 130 €×3.6x
Estimation57 567 €
20 094€ - 146 931€
Revenue Multiple30%
197 615 €×0.25x
Estimation50 310 €
27 524€ - 75 068€
Net Income Multiple20%
12 348 €×3.8x
Estimation47 343 €
19 806€ - 121 858€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 208 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 (Enseignement de la conduite)
Compare LM CONDUITE 34 with other companies in the same sector:
Yes, LM CONDUITE 34 generated a net profit of 12 k€ in 2021.
Where is the headquarters of LM CONDUITE 34 ?
The headquarters of LM CONDUITE 34 is located in FRONTIGNAN (34110), in the department Herault.
Where to find the tax return of LM CONDUITE 34 ?
The tax return of LM CONDUITE 34 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 LM CONDUITE 34 operate?
LM CONDUITE 34 operates in the sector Enseignement de la conduite (NAF code 85.53Z). See the 'Sector positioning' section above to compare the company with its competitors.