NINE UNITED PROPERTIES FRANCE : revenue, balance sheet and financial ratios

NINE UNITED PROPERTIES FRANCE is a French company founded 18 years ago, specialized in the sector Intermédiaires du commerce en meubles, articles de ménage et quincaillerie. Based in PARIS (75016), this company of category ETI shows in 2024 a revenue of 164 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 - NINE UNITED PROPERTIES FRANCE (SIREN 504298282)
Indicator 2024 2023 2022 2021 2020 2019 2019 2018 2017 2016
Revenue 163 508 € 164 198 € 579 398 € 716 573 € 366 509 € N/C 108 858 € N/C N/C N/C
Net income -115 414 € -133 225 € 653 188 € -213 406 € -290 966 € -177 729 € 6 838 € 1 073 572 € 766 069 € 525 455 €
EBITDA 135 393 € 136 961 € 172 789 € 164 703 € 25 908 € -40 776 € 66 182 € -76 609 € -64 190 € -82 033 €
Net margin -70.6% -81.1% 112.7% -29.8% -79.4% N/C 6.3% N/C N/C N/C

Revenue and income statement

In 2024, NINE UNITED PROPERTIES FRANCE achieves revenue of 164 k€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.5%. Slight decline of -0% vs 2023. After deducting consumption (0 €), gross margin stands at 164 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 135 k€, representing 82.8% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -115 k€ (-70.6% of revenue), which will impact equity.

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

163 508 €

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

163 508 €

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

135 393 €

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

-19 731 €

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

-115 414 €

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

82.8%

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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 438%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 19%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 82.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 24.3% 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 (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

437.618%

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

18.574%

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

24.287%

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

82.505

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

82.2%

Solvency indicators evolution
NINE UNITED PROPERTIES FRANCE

Sector positioning

Debt ratio
437.62 2024
2022
2023
2024
Q1: 0.0
Med: 4.84
Q3: 37.52
Watch

In 2024, the debt ratio of NINE UNITED PROPERTIES FR... (437.62) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
18.57% 2024
2022
2023
2024
Q1: 11.14%
Med: 37.11%
Q3: 67.5%
Average

In 2024, the financial autonomy of NINE UNITED PROPERTIES FR... (18.6%) 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
82.5 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.01 years
Q3: 1.01 years
Watch +23 pts over 3 years

In 2024, the repayment capacity of NINE UNITED PROPERTIES FR... (82.50) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 6676.78. 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 70.7x. 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

6676.78

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

70.671

Liquidity indicators evolution
NINE UNITED PROPERTIES FRANCE

Sector positioning

Liquidity ratio
6676.78 2024
2022
2023
2024
Q1: 149.15
Med: 246.84
Q3: 425.07
Excellent +17 pts over 3 years

In 2024, the liquidity ratio of NINE UNITED PROPERTIES FR... (6676.78) 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
70.67x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 8.13x
Excellent -21 pts over 3 years

In 2024, the interest coverage of NINE UNITED PROPERTIES FR... (70.7x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 25 days. Favorable situation: supplier credit is longer than customer credit by 25 days. WCR is negative (-7 days): operations structurally generate cash.

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

-2 964 €

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

0 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

25 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

0 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

-7 j

WCR and payment terms evolution
NINE UNITED PROPERTIES FRANCE

Positioning of NINE UNITED PROPERTIES FRANCE in its sector

Comparison with sector Intermédiaires du commerce en meubles, articles de ménage et quincaillerie

Valuation estimate

Based on 229 transactions of similar company sales (all years), the value of NINE UNITED PROPERTIES FRANCE is estimated at 157 347 € (range 54 185€ - 505 009€). With an EBITDA of 135 393€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.32x (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 2024
229 transactions
54k€ 157k€ 505k€
157 347 € Range: 54 185€ - 505 009€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

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EBITDA Multiple 50%
135 393 € × 1.6x
Estimation 219 941 €
71 779€ - 730 180€
Revenue Multiple 30%
163 508 € × 0.32x
Estimation 53 023 €
24 862€ - 129 726€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 229 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 (Intermédiaires du commerce en meubles, articles de ménage et quincaillerie)

Compare NINE UNITED PROPERTIES FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Intermédiaires du commerce en meubles, articles de ménage et quincaillerie

Frequently asked questions about NINE UNITED PROPERTIES FRANCE

What is the revenue of NINE UNITED PROPERTIES FRANCE ?

The revenue of NINE UNITED PROPERTIES FRANCE in 2024 is 164 k€.

Is NINE UNITED PROPERTIES FRANCE profitable?

NINE UNITED PROPERTIES FRANCE recorded a net loss in 2024.

Where is the headquarters of NINE UNITED PROPERTIES FRANCE ?

The headquarters of NINE UNITED PROPERTIES FRANCE is located in PARIS (75016), in the department Paris.

Where to find the tax return of NINE UNITED PROPERTIES FRANCE ?

The tax return of NINE UNITED PROPERTIES FRANCE 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 NINE UNITED PROPERTIES FRANCE operate?

NINE UNITED PROPERTIES FRANCE operates in the sector Intermédiaires du commerce en meubles, articles de ménage et quincaillerie (NAF code 46.15Z). See the 'Sector positioning' section above to compare the company with its competitors.