SIREN : 338484793
OPTIQUE DES CEDRES is a French company founded 39 years ago, specialized in the sector Commerces de détail d'optique. Based in ILLKIRCH-GRAFFENSTADEN (67400), this company of category PME shows in 2022 a revenue of 783 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
| Indicator | 2022 | 2021 | 2020 | 2019 | 2017 |
|---|---|---|---|---|---|
| Revenue | 783 144 € | 969 218 € | 734 295 € | 854 548 € | N/C |
| Net income | 19 359 € | 122 951 € | 62 791 € | 69 782 € | 8 246 € |
| EBITDA | 61 745 € | 212 565 € | 90 681 € | 96 519 € | N/C |
| Net margin | 2.5% | 12.7% | 8.6% | 8.2% | N/C |
In 2022, OPTIQUE DES CEDRES achieves revenue of 783 k€. Activity remains stable over the period (CAGR: -2.9%). Significant drop of -19% vs 2021. After deducting consumption (272 k€), gross margin stands at 511 k€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 62 k€, representing 7.9% of revenue. Warning negative scissor effect: despite revenue change (-19%), EBITDA varies by -71%, reducing margin by 14.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 19 k€, i.e. 2.5% of revenue. This profit can be retained or distributed to shareholders.
783 144 €
511 228 €
61 745 €
20 360 €
19 359 €
7.8%
The debt ratio (= Financial debt / Equity x 100) stands at 176%. 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 26%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.0 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 5.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
176.365%
26.086%
5.081%
5.025
45.2%
In 2022, the debt ratio of OPTIQUE DES CEDRES (176.37) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2022, the financial autonomy of OPTIQUE DES CEDRES (26.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2022, the repayment capacity of OPTIQUE DES CEDRES (5.03) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 188.16. 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 1.9x. Coverage is limited: any activity downturn would jeopardize interest payments.
188.162
1.947
In 2022, the liquidity ratio of OPTIQUE DES CEDRES (188.16) 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.
In 2022, the interest coverage of OPTIQUE DES CEDRES (1.9x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
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: 37 days. Excellent situation: suppliers finance 37 days of the operating cycle (retail model). Inventory turnover is 36 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 37 days of revenue, i.e. 80 k€ to permanently finance.
80 053 €
0 j
37 j
36 j
37 j
Based on 109 transactions of similar company sales in 2022, the value of OPTIQUE DES CEDRES is estimated at 180 857 € (range 112 333€ - 330 450€). With an EBITDA of 61 745€, the sector multiple of 1.8x is applied. The price/revenue ratio is 0.48x (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.
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This estimate is based on the analysis of 109 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare OPTIQUE DES CEDRES with other companies in the same sector:
Voir toutes les statistiques du secteur Commerces de détail d'optique
The revenue of OPTIQUE DES CEDRES in 2022 is 783 k€.
Yes, OPTIQUE DES CEDRES generated a net profit of 19 k€ in 2022.
The headquarters of OPTIQUE DES CEDRES is located in ILLKIRCH-GRAFFENSTADEN (67400), in the department Bas-Rhin.
The tax return of OPTIQUE DES CEDRES 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).
OPTIQUE DES CEDRES operates in the sector Commerces de détail d'optique (NAF code 47.78A). See the 'Sector positioning' section above to compare the company with its competitors.