SIREN : 300576774
PANINI FRANCE is a French company founded 126 years ago, specialized in the sector Édition de livres. Based in NICE (06200), this company of category PME shows in 2024 a revenue of 47.9 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 47 881 936 € | 56 804 924 € | 104 102 902 € | 84 630 299 € | 58 159 154 € | 69 948 345 € | 80 874 888 € | 57 092 167 € | 73 395 270 € |
| Net income | -1 875 747 € | -1 057 857 € | 10 530 052 € | 7 638 056 € | 997 653 € | 1 257 661 € | 3 639 692 € | -1 127 467 € | 2 585 955 € |
| EBITDA | 3 309 153 € | 7 820 799 € | 34 875 314 € | 27 377 228 € | 7 346 429 € | 12 138 678 € | 13 917 150 € | 3 929 513 € | 12 725 400 € |
| Net margin | -3.9% | -1.9% | 10.1% | 9.0% | 1.7% | 1.8% | 4.5% | -2.0% | 3.5% |
In 2024, PANINI FRANCE achieves revenue of 47.9 M€. Revenue is declining over the period 2016-2024 (CAGR: -5.2%). Significant drop of -16% vs 2023. After deducting consumption (21.5 M€), gross margin stands at 26.3 M€, i.e. a rate of 55%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.3 M€, representing 6.9% of revenue. Warning negative scissor effect: despite revenue change (-16%), EBITDA varies by -58%, reducing margin by 6.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -1.9 M€ (-3.9% of revenue), which will impact equity.
47 881 936 €
26 343 241 €
3 309 153 €
-2 299 204 €
-1 875 747 €
6.9%
The debt ratio (= Financial debt / Equity x 100) stands at 288%. 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 4%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
287.578%
3.579%
-13.786%
-0.437
18.8%
In 2024, the debt ratio of PANINI FRANCE (287.58) 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.
In 2024, the financial autonomy of PANINI FRANCE (3.6%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of PANINI FRANCE (-0.44) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 149.51. 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 4.0x. Financial charges are adequately covered by operations.
149.51
3.997
In 2024, the liquidity ratio of PANINI FRANCE (149.51) 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 2024, the interest coverage of PANINI FRANCE (4.0x) 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: 112 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 134 days. Favorable situation: supplier credit is longer than customer credit by 22 days. Inventory turnover is 85 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 197 days of revenue, i.e. 26.2 M€ to permanently finance.
26 242 174 €
112 j
134 j
85 j
197 j
Based on 104 transactions of similar company sales (all years), the value of PANINI FRANCE is estimated at 6 758 081 € (range 3 387 482€ - 17 980 433€). With an EBITDA of 3 309 153€, the sector multiple of 1.1x is applied. The price/revenue ratio is 0.24x (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 104 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 PANINI FRANCE with other companies in the same sector:
The revenue of PANINI FRANCE in 2024 is 47.9 M€.
PANINI FRANCE recorded a net loss in 2024.
The headquarters of PANINI FRANCE is located in NICE (06200), in the department Alpes-Maritimes.
The tax return of PANINI 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).
PANINI FRANCE operates in the sector Édition de livres (NAF code 58.11Z). See the 'Sector positioning' section above to compare the company with its competitors.