MONTAGNES DU HAUT VAR : revenue, balance sheet and financial ratios

MONTAGNES DU HAUT VAR is a French company founded 23 years ago, specialized in the sector Autres commerces de détail spécialisés divers. Based in GUILLAUMES (06470), this company of category PME shows in 2024 a revenue of 153 k€. 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 - MONTAGNES DU HAUT VAR (SIREN 444950562)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 153 332 € 161 221 € 170 559 € 182 632 € 169 356 € 143 159 € 146 660 € 146 911 € 138 337 €
Net income 6 523 € 8 903 € 9 287 € 10 597 € 5 664 € -13 597 € -1 805 € -1 201 € -678 €
EBITDA 11 019 € 13 562 € 14 669 € 15 287 € 11 878 € -2 095 € 805 € 913 € 709 €
Net margin 4.3% 5.5% 5.4% 5.8% 3.3% -9.5% -1.2% -0.8% -0.5%

Revenue and income statement

In 2024, MONTAGNES DU HAUT VAR achieves revenue of 153 k€. Revenue is growing positively over 9 years (CAGR: +1.3%). Slight decline of -5% vs 2023. After deducting consumption (113 k€), gross margin stands at 41 k€, i.e. a rate of 27%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 11 k€, representing 7.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 7 k€, i.e. 4.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

153 332 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

40 674 €

EBITDA (2024) ?
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

11 019 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

8 578 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

6 523 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

7.2%

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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 46%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 23%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

46.091%

Financial autonomy (2024) ?
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

23.016%

Cash flow / Revenue (2024) ?
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

5.846%

Repayment capacity (2024) ?
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

2.006

Asset age ratio (2024) ?
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

21.7%

Solvency indicators evolution
MONTAGNES DU HAUT VAR

Sector positioning

Debt ratio
46.09 2024
2022
2023
2024
Q1: 0.03
Med: 14.44
Q3: 63.29
Average

In 2024, the debt ratio of MONTAGNES DU HAUT VAR (46.09) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
23.02% 2024
2022
2023
2024
Q1: 4.11%
Med: 30.16%
Q3: 59.21%
Average

In 2024, the financial autonomy of MONTAGNES DU HAUT VAR (23.0%) 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
2.01 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.8 years
Average +10 pts over 3 years

In 2024, the repayment capacity of MONTAGNES DU HAUT VAR (2.01) 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 295.67. 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 9.0x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

295.673

Interest coverage (2024) ?
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

8.966

Liquidity indicators evolution
MONTAGNES DU HAUT VAR

Sector positioning

Liquidity ratio
295.67 2024
2022
2023
2024
Q1: 128.25
Med: 221.87
Q3: 403.52
Good +11 pts over 3 years

In 2024, the liquidity ratio of MONTAGNES DU HAUT VAR (295.67) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
8.97x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.7x
Excellent

In 2024, the interest coverage of MONTAGNES DU HAUT VAR (9.0x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 61 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 45 days. The company must finance 16 days of gap between collections and payments. Inventory turnover is 64 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 83 days of revenue, i.e. 35 k€ to permanently finance. Over 2016-2024, WCR increased by +554%, requiring additional financing.

Operating WCR (2024) ?
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

35 322 €

Customer credit (2024) ?
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

61 j

Supplier credit (2024) ?
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

45 j

Inventory turnover (2024) ?
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

64 j

WCR in days of revenue (2024) ?
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

83 j

WCR and payment terms evolution
MONTAGNES DU HAUT VAR

Positioning of MONTAGNES DU HAUT VAR in its sector

Comparison with sector Autres commerces de détail spécialisés divers

Valuation estimate

Based on 117 transactions of similar company sales in 2024, the value of MONTAGNES DU HAUT VAR is estimated at 49 416 € (range 30 411€ - 87 332€). With an EBITDA of 11 019€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.53x (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.

Estimated enterprise value 2024
117 transactions
30k€ 49k€ 87k€
49 416 € Range: 30 411€ - 87 332€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
11 019 € × 4.0x
Estimation 43 767 €
30 198€ - 82 516€
Revenue Multiple 30%
153 332 € × 0.53x
Estimation 81 181 €
46 051€ - 120 714€
Net Income Multiple 20%
6 523 € × 2.4x
Estimation 15 894 €
7 487€ - 49 301€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 117 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 MONTAGNES DU HAUT VAR with other companies in the same sector:

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

Frequently asked questions about MONTAGNES DU HAUT VAR

What is the revenue of MONTAGNES DU HAUT VAR ?

The revenue of MONTAGNES DU HAUT VAR in 2024 is 153 k€.

Is MONTAGNES DU HAUT VAR profitable?

Yes, MONTAGNES DU HAUT VAR generated a net profit of 7 k€ in 2024.

Where is the headquarters of MONTAGNES DU HAUT VAR ?

The headquarters of MONTAGNES DU HAUT VAR is located in GUILLAUMES (06470), in the department Alpes-Maritimes.

Where to find the tax return of MONTAGNES DU HAUT VAR ?

The tax return of MONTAGNES DU HAUT VAR 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 MONTAGNES DU HAUT VAR operate?

MONTAGNES DU HAUT VAR 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.