OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE : revenue, balance sheet and financial ratios

OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE is a French company founded 14 years ago, specialized in the sector Transformation et conservation de la viande de boucherie. Based in SAINT-PIERRE (97432), this company of category PME shows in 2023 a revenue of 845 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 - OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE (SIREN 751416454)
Indicator 2023 2021 2020 2019 2018 2017 2016
Revenue 845 077 € 764 886 € 876 321 € 951 709 € 884 981 € 905 167 € 825 313 €
Net income 2 185 € 6 915 € 29 913 € 25 504 € 30 738 € 38 749 € 68 768 €
EBITDA -69 062 € -142 754 € -104 999 € -144 210 € 34 389 € 18 284 € 53 237 €
Net margin 0.3% 0.9% 3.4% 2.7% 3.5% 4.3% 8.3%

Revenue and income statement

In 2023, OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE achieves revenue of 845 k€. Revenue is growing positively over 7 years (CAGR: +0.3%). Vs 2021, growth of +10% (765 k€ -> 845 k€). After deducting consumption (537 k€), gross margin stands at 308 k€, i.e. a rate of 36%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -69 k€, representing -8.2% of revenue. Positive scissor effect: EBITDA margin improves by +10.5 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2 k€, i.e. 0.3% 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

845 077 €

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

307 905 €

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

-69 062 €

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

2 185 €

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

-6.4%

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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 20%. 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 38%. The balance between equity and debt is satisfactory.

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

19.793%

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

38.222%

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

-6.505%

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

-0.673

Solvency indicators evolution
OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE

Sector positioning

Debt ratio
19.79 2023
2020
2021
2023
Q1: 0.76
Med: 34.57
Q3: 112.17
Good -28 pts over 3 years

In 2023, the debt ratio of OVICAP SOCIETE CIVILE COO... (19.79) 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
38.22% 2023
2020
2021
2023
Q1: 13.61%
Med: 34.8%
Q3: 54.26%
Good

In 2023, the financial autonomy of OVICAP SOCIETE CIVILE COO... (38.2%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
-0.67 years 2023
2020
2021
2023
Q1: -0.04 years
Med: 0.37 years
Q3: 3.02 years
Excellent

In 2023, the repayment capacity of OVICAP SOCIETE CIVILE COO... (-0.67) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

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: 7 days. Favorable situation: supplier credit is longer than customer credit by 7 days. WCR is negative (-137 days): operations structurally generate cash. Notable WCR improvement over the period (-242%), freeing up cash.

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

-320 867 €

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

0 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

7 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

-137 j

WCR and payment terms evolution
OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE

Positioning of OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE in its sector

Comparison with sector Transformation et conservation de la viande de boucherie

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (45 transactions). This range of 38 345€ to 246 027€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
38k€ 109k€ 246k€
109 416 € Range: 38 345€ - 246 027€
NAF 5 all-time

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 45 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 (Transformation et conservation de la viande de boucherie)

Compare OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE with other companies in the same sector:

Voir toutes les statistiques du secteur Transformation et conservation de la viande de boucherie

Frequently asked questions about OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE

What is the revenue of OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE ?

The revenue of OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE in 2023 is 845 k€.

Is OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE profitable?

Yes, OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE generated a net profit of 2 k€ in 2023.

Where is the headquarters of OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE ?

The headquarters of OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE is located in SAINT-PIERRE (97432), in the department La Reunion.

Where to find the tax return of OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE ?

The tax return of OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE 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 OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE operate?

OVICAP SOCIETE CIVILE COOPERATIVE D'INTERET COLLECTIF AGRICOLE A CAPITAL VARIABLE operates in the sector Transformation et conservation de la viande de boucherie (NAF code 10.11Z). See the 'Sector positioning' section above to compare the company with its competitors.