NICE WEST IMMOBILIER : revenue, balance sheet and financial ratios

NICE WEST IMMOBILIER is a French company founded 22 years ago, specialized in the sector Agences immobilières. Based in NICE (06200), this company of category PME shows in 2022 a revenue of 948 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - NICE WEST IMMOBILIER (SIREN 449042274)
Indicator 2022 2021 2017 2016
Revenue 947 505 € N/C 449 413 € 515 590 €
Net income 71 966 € 104 126 € -3 342 € 110 817 €
EBITDA 173 747 € N/C 34 473 € 35 249 €
Net margin 7.6% N/C -0.7% 21.5%

Revenue and income statement

In 2022, NICE WEST IMMOBILIER achieves revenue of 948 k€. Over the period 2016-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +10.7%. After deducting consumption (0 €), gross margin stands at 948 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 174 k€, representing 18.3% of 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 72 k€, i.e. 7.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

947 505 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

947 505 €

EBITDA (2022) ?
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

173 747 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

92 032 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

71 966 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

18.3%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 15%. 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 77%. 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 1.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 10.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

15.306%

Financial autonomy (2022) ?
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

77.187%

Cash flow / Revenue (2022) ?
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

10.163%

Repayment capacity (2022) ?
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

1.052

Asset age ratio (2022) ?
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

43.5%

Solvency indicators evolution
NICE WEST IMMOBILIER

Sector positioning

Debt ratio
15.31 2022
2017
2021
2022
Q1: 0.02
Med: 16.09
Q3: 77.93
Good

In 2022, the debt ratio of NICE WEST IMMOBILIER (15.31) 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
77.19% 2022
2017
2021
2022
Q1: 7.61%
Med: 32.85%
Q3: 61.83%
Excellent

In 2022, the financial autonomy of NICE WEST IMMOBILIER (77.2%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
1.05 years 2022
2017
2022
Q1: 0.0 years
Med: 0.01 years
Q3: 1.65 years
Average -9 pts over 2 years

In 2022, the repayment capacity of NICE WEST IMMOBILIER (1.05) 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 888.28. 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 1.3x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2022) ?
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

888.282

Interest coverage (2022) ?
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

1.332

Liquidity indicators evolution
NICE WEST IMMOBILIER

Sector positioning

Liquidity ratio
888.28 2022
2017
2021
2022
Q1: 112.52
Med: 194.98
Q3: 419.05
Excellent

In 2022, the liquidity ratio of NICE WEST IMMOBILIER (888.28) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
1.33x 2022
2017
2022
Q1: 0.0x
Med: 0.0x
Q3: 1.33x
Excellent

In 2022, the interest coverage of NICE WEST IMMOBILIER (1.3x) 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: 6 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 13 days. Favorable situation: supplier credit is longer than customer credit by 7 days. WCR is negative (-13 days): operations structurally generate cash. Notable WCR improvement over the period (-453%), freeing up cash.

Operating WCR (2022) ?
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

-35 370 €

Customer credit (2022) ?
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 (2022) ?
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

13 j

Inventory turnover (2022) ?
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 (2022) ?
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

-13 j

WCR and payment terms evolution
NICE WEST IMMOBILIER

Positioning of NICE WEST IMMOBILIER in its sector

Comparison with sector Agences immobilières

Valuation estimate

Based on 98 transactions of similar company sales in 2022, the value of NICE WEST IMMOBILIER is estimated at 187 286 € (range 114 811€ - 459 327€). With an EBITDA of 173 747€, the sector multiple of 0.8x is applied. The price/revenue ratio is 0.30x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2022
98 tx
114k€ 187k€ 459k€
187 286 € Range: 114 811€ - 459 327€
NAF 5 année 2022

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
173 747 € × 0.8x
Estimation 144 893 €
103 255€ - 465 939€
Revenue Multiple 30%
947 505 € × 0.30x
Estimation 284 521 €
160 531€ - 517 296€
Net Income Multiple 20%
71 966 € × 2.0x
Estimation 147 420 €
75 122€ - 355 845€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Agences immobilières)

Compare NICE WEST IMMOBILIER with other companies in the same sector:

Frequently asked questions about NICE WEST IMMOBILIER

What is the revenue of NICE WEST IMMOBILIER ?

The revenue of NICE WEST IMMOBILIER in 2022 is 948 k€.

Is NICE WEST IMMOBILIER profitable?

Yes, NICE WEST IMMOBILIER generated a net profit of 72 k€ in 2022.

Where is the headquarters of NICE WEST IMMOBILIER ?

The headquarters of NICE WEST IMMOBILIER is located in NICE (06200), in the department Alpes-Maritimes.

Where to find the tax return of NICE WEST IMMOBILIER ?

The tax return of NICE WEST IMMOBILIER 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 NICE WEST IMMOBILIER operate?

NICE WEST IMMOBILIER operates in the sector Agences immobilières (NAF code 68.31Z). See the 'Sector positioning' section above to compare the company with its competitors.