SIREN : 507884401
PALMITA II is a French company founded 17 years ago, specialized in the sector Commerce d'alimentation générale. Based in CAMPHIN-EN-PEVELE (59780), this company of category PME shows in 2024 a revenue of 21.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21 457 100 € | 21 472 136 € | 22 876 537 € | 18 482 035 € | N/C | 1 343 € | 1 343 € | 1 374 € |
| Net income | 1 285 865 € | 1 273 394 € | 1 027 382 € | 719 965 € | 1 219 289 € | 1 164 € | 1 164 € | 1 489 € |
| EBITDA | 1 442 656 € | 1 735 479 € | 1 403 812 € | 1 137 123 € | N/C | -1 128 € | -1 128 € | -1 102 € |
| Net margin | 6.0% | 5.9% | 4.5% | 3.9% | N/C | 86.7% | 86.7% | 108.4% |
In 2024, PALMITA II achieves revenue of 21.5 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +234.3%. Slight decline of -0% vs 2023. After deducting consumption (16.2 M€), gross margin stands at 5.2 M€, i.e. a rate of 24%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.4 M€, representing 6.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.3 M€, i.e. 6.0% of revenue. This profit can be retained or distributed to shareholders.
21 457 100 €
5 207 647 €
1 442 656 €
1 451 887 €
1 285 865 €
6.7%
The debt ratio (= Financial debt / Equity x 100) stands at 93%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 30%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. 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.
92.515%
29.885%
6.247%
0.931
37.2%
In 2024, the debt ratio of PALMITA II (92.52) 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 2024, the financial autonomy of PALMITA II (29.9%) 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.
In 2024, the repayment capacity of PALMITA II (0.93) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 179.31. 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 5.0x. Financial charges are adequately covered by operations.
179.315
4.991
In 2024, the liquidity ratio of PALMITA II (179.31) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of PALMITA II (5.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 32 days. Excellent situation: suppliers finance 31 days of the operating cycle (retail model). Inventory turnover is 18 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 22 days of revenue, i.e. 1.3 M€ to permanently finance. Over 2016-2024, WCR increased by +1864695%, requiring additional financing.
1 323 903 €
1 j
32 j
18 j
22 j
Based on 551 transactions of similar company sales in 2024, the value of PALMITA II is estimated at 6 388 604 € (range 2 669 111€ - 13 365 648€). With an EBITDA of 1 442 656€, the sector multiple of 4.7x is applied. The price/revenue ratio is 0.23x (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 551 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 PALMITA II with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce d'alimentation générale
The revenue of PALMITA II in 2024 is 21.5 M€.
Yes, PALMITA II generated a net profit of 1.3 M€ in 2024.
The headquarters of PALMITA II is located in CAMPHIN-EN-PEVELE (59780), in the department Nord.
The tax return of PALMITA II 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).
PALMITA II operates in the sector Commerce d'alimentation générale (NAF code 47.11B). See the 'Sector positioning' section above to compare the company with its competitors.