PARTNERSHIP : revenue, balance sheet and financial ratios

PARTNERSHIP is a French company founded 32 years ago, specialized in the sector Location et location-bail d'autres biens personnels et domestiques. Based in NICE (06300), this company of category PME shows in 2019 a revenue of 326 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 - PARTNERSHIP (SIREN 391816261)
Indicator 2024 2019 2018 2017 2016
Revenue N/C 325 734 € 345 019 € 339 209 € 324 962 €
Net income 216 626 € 1 101 € 32 266 € 161 972 € 83 953 €
EBITDA N/C 62 428 € 71 055 € 27 697 € 71 771 €
Net margin N/C 0.3% 9.4% 47.7% 25.8%

Revenue and income statement

In 2024, PARTNERSHIP generates positive net income of 217 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 84 k€ -> 217 k€.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

216 626 €

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Chart evolution

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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 76%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 46%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

75.811%

Financial autonomy (2024) ?
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

46.449%

Asset age ratio (2024) ?
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

76.2%

Solvency indicators evolution
PARTNERSHIP

Sector positioning

Debt ratio
75.81 2024
2018
2019
2024
Q1: 0.0
Med: 9.81
Q3: 79.47
Average +36 pts over 3 years

In 2024, the debt ratio of PARTNERSHIP (75.81) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
46.45% 2024
2018
2019
2024
Q1: 5.79%
Med: 33.76%
Q3: 60.35%
Good -10 pts over 3 years

In 2024, the financial autonomy of PARTNERSHIP (46.5%) 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
2.2 years 2019
2018
2019
Q1: 0.0 years
Med: 0.0 years
Q3: 1.18 years
Watch +24 pts over 2 years

In 2019, the repayment capacity of PARTNERSHIP (2.20) 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 315.96. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

315.956

Liquidity indicators evolution
PARTNERSHIP

Sector positioning

Liquidity ratio
315.96 2024
2018
2019
2024
Q1: 106.8
Med: 176.44
Q3: 303.96
Excellent +13 pts over 3 years

In 2024, the liquidity ratio of PARTNERSHIP (315.96) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.0x 2019
2018
2019
Q1: 0.0x
Med: 0.0x
Q3: 1.07x
Average

In 2019, the interest coverage of PARTNERSHIP (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2024) ?
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

0 €

Customer credit (2024) ?
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 (2024) ?
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

0 j

Inventory turnover (2024) ?
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 and payment terms evolution
PARTNERSHIP

Positioning of PARTNERSHIP in its sector

Comparison with sector Location et location-bail d'autres biens personnels et domestiques

Valuation estimate

Based on 69 transactions of similar company sales (all years), the value of PARTNERSHIP is estimated at 870 703 € (range 340 709€ - 2 649 387€). 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 2024
69 tx
340k€ 870k€ 2649k€
870 703 € Range: 340 709€ - 2 649 387€
NAF 5 all-time

Valuation method used

Net Income Multiple
216 626 € × 4.0x = 870 704 €
Range: 340 709€ - 2 649 388€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 69 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'autres biens personnels et domestiques)

Compare PARTNERSHIP with other companies in the same sector:

Frequently asked questions about PARTNERSHIP

What is the revenue of PARTNERSHIP ?

The revenue of PARTNERSHIP in 2019 is 326 k€.

Is PARTNERSHIP profitable?

Yes, PARTNERSHIP generated a net profit of 217 k€ in 2024.

Where is the headquarters of PARTNERSHIP ?

The headquarters of PARTNERSHIP is located in NICE (06300), in the department Alpes-Maritimes.

Where to find the tax return of PARTNERSHIP ?

The tax return of PARTNERSHIP 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 PARTNERSHIP operate?

PARTNERSHIP operates in the sector Location et location-bail d'autres biens personnels et domestiques (NAF code 77.29Z). See the 'Sector positioning' section above to compare the company with its competitors.