NORTHROP AND JOHNSON FRANCE : revenue, balance sheet and financial ratios

NORTHROP AND JOHNSON FRANCE is a French company founded 14 years ago, specialized in the sector Location et location-bail d'articles de loisirs et de sport . Based in ANTIBES (06600), this company of category PME shows in 2023 a revenue of 2.3 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 - NORTHROP AND JOHNSON FRANCE (SIREN 751251455)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 289 224 € 2 527 222 € 3 074 261 € 1 017 541 € 1 503 727 € 1 849 238 € 2 065 556 € 2 684 293 €
Net income 75 864 € 30 775 € 53 574 € -257 € -11 356 € 102 651 € 18 994 € 97 330 €
EBITDA 138 155 € 119 772 € 85 589 € -5 899 € 31 320 € 137 210 € 71 822 € 299 779 €
Net margin 3.3% 1.2% 1.7% -0.0% -0.8% 5.6% 0.9% 3.6%

Revenue and income statement

In 2023, NORTHROP AND JOHNSON FRANCE achieves revenue of 2.3 M€. Activity remains stable over the period (CAGR: -2.2%). Slight decline of -9% vs 2022. After deducting consumption (0 €), gross margin stands at 2.3 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 138 k€, representing 6.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 76 k€, i.e. 3.3% 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

2 289 224 €

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

2 289 224 €

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

138 155 €

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

76 586 €

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

75 864 €

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

6.0%

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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 595%. 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 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 16.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 6.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

595.016%

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

8.745%

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

6.154%

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

16.223

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

74.0%

Solvency indicators evolution
NORTHROP AND JOHNSON FRANCE

Sector positioning

Debt ratio
595.02 2023
2021
2022
2023
Q1: 0.0
Med: 19.07
Q3: 111.06
Watch +50 pts over 3 years

In 2023, the debt ratio of NORTHROP AND JOHNSON FRANCE (595.02) 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
8.74% 2023
2021
2022
2023
Q1: 0.0%
Med: 25.82%
Q3: 58.21%
Average +6 pts over 3 years

In 2023, the financial autonomy of NORTHROP AND JOHNSON FRANCE (8.7%) 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
16.22 years 2023
2021
2022
2023
Q1: -0.02 years
Med: 0.0 years
Q3: 2.41 years
Watch +52 pts over 3 years

In 2023, the repayment capacity of NORTHROP AND JOHNSON FRANCE (16.22) 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 123.43. 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 6.8x. Operating income very largely covers interest expenses: high safety margin.

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

123.426

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

6.826

Liquidity indicators evolution
NORTHROP AND JOHNSON FRANCE

Sector positioning

Liquidity ratio
123.43 2023
2021
2022
2023
Q1: 89.67
Med: 199.74
Q3: 499.08
Average

In 2023, the liquidity ratio of NORTHROP AND JOHNSON FRANCE (123.43) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
6.83x 2023
2021
2022
2023
Q1: -0.13x
Med: 0.0x
Q3: 3.96x
Excellent

In 2023, the interest coverage of NORTHROP AND JOHNSON FRANCE (6.8x) 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: 162 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 246 days. Excellent situation: suppliers finance 84 days of the operating cycle (retail model). Overall, WCR represents 54 days of revenue, i.e. 344 k€ to permanently finance. Over 2016-2023, WCR increased by +96%, requiring additional financing.

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

344 025 €

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

162 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

246 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

0 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

54 j

WCR and payment terms evolution
NORTHROP AND JOHNSON FRANCE

Positioning of NORTHROP AND JOHNSON FRANCE in its sector

Comparison with sector Location et location-bail d'articles de loisirs et de sport

Valuation estimate

Based on 87 transactions of similar company sales (all years), the value of NORTHROP AND JOHNSON FRANCE is estimated at 588 408 € (range 244 149€ - 1 416 459€). With an EBITDA of 138 155€, the sector multiple of 2.3x is applied. The price/revenue ratio is 0.57x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2023
87 tx
244k€ 588k€ 1416k€
588 408 € Range: 244 149€ - 1 416 459€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
138 155 € × 2.3x
Estimation 316 856 €
42 444€ - 725 512€
Revenue Multiple 30%
2 289 224 € × 0.57x
Estimation 1 309 314 €
675 554€ - 3 161 901€
Net Income Multiple 20%
75 864 € × 2.5x
Estimation 185 930 €
101 308€ - 525 664€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 87 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 (Location et location-bail d'articles de loisirs et de sport )

Compare NORTHROP AND JOHNSON FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Location et location-bail d'articles de loisirs et de sport

Frequently asked questions about NORTHROP AND JOHNSON FRANCE

What is the revenue of NORTHROP AND JOHNSON FRANCE ?

The revenue of NORTHROP AND JOHNSON FRANCE in 2023 is 2.3 M€.

Is NORTHROP AND JOHNSON FRANCE profitable?

Yes, NORTHROP AND JOHNSON FRANCE generated a net profit of 76 k€ in 2023.

Where is the headquarters of NORTHROP AND JOHNSON FRANCE ?

The headquarters of NORTHROP AND JOHNSON FRANCE is located in ANTIBES (06600), in the department Alpes-Maritimes.

Where to find the tax return of NORTHROP AND JOHNSON FRANCE ?

The tax return of NORTHROP AND JOHNSON 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 NORTHROP AND JOHNSON FRANCE operate?

NORTHROP AND JOHNSON FRANCE operates in the sector Location et location-bail d'articles de loisirs et de sport (NAF code 77.21Z). See the 'Sector positioning' section above to compare the company with its competitors.