(R) EVOLUTION VOYAGES CMJ LABEL TRAVEL : revenue, balance sheet and financial ratios

(R) EVOLUTION VOYAGES CMJ LABEL TRAVEL is a French company founded 19 years ago, specialized in the sector Activités des agences de voyage. Based in LYON (69006), this company of category PME shows in 2023 a revenue of 3.1 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

Financial history - (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL (SIREN 492597281)
Indicator 2023 2022 2021 2019 2018 2017 2016
Revenue 3 128 970 € N/C 4 114 998 € 7 707 014 € 4 255 645 € 6 385 786 € 7 183 698 €
Net income -226 272 € 139 255 € 135 935 € 4 545 € -1 793 € 20 869 € 72 325 €
EBITDA -223 619 € N/C 217 096 € -162 961 € 24 887 € 80 919 € 148 739 €
Net margin -7.2% N/C 3.3% 0.1% -0.0% 0.3% 1.0%

Revenue and income statement

In 2023, (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL achieves revenue of 3.1 M€. Revenue is declining over the period 2016-2023 (CAGR: -11.2%). After deducting consumption (73 k€), gross margin stands at 3.1 M€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -224 k€, representing -7.1% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -226 k€ (-7.2% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 128 970 €

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

3 055 649 €

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

-223 619 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-239 030 €

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

-226 272 €

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

-7.1%

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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 619%. 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).

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

618.884%

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

4.196%

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

-6.671%

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

-3.279

Asset age ratio (2023) ?
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

30.3%

Solvency indicators evolution
(R) EVOLUTION VOYAGES CMJ LABEL TRAVEL

Sector positioning

Debt ratio
618.88 2023
2021
2022
2023
Q1: 0.15
Med: 18.96
Q3: 60.13
Watch

In 2023, the debt ratio of (R) EVOLUTION VOYAGES CMJ... (618.88) 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.

Financial autonomy
4.2% 2023
2021
2022
2023
Q1: 9.82%
Med: 25.11%
Q3: 42.61%
Average

In 2023, the financial autonomy of (R) EVOLUTION VOYAGES CMJ... (4.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-3.28 years 2023
2021
2023
Q1: 0.0 years
Med: 0.16 years
Q3: 1.67 years
Excellent

In 2023, the repayment capacity of (R) EVOLUTION VOYAGES CMJ... (-3.28) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 425.39. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

425.393

Interest coverage (2023) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

-14.376

Liquidity indicators evolution
(R) EVOLUTION VOYAGES CMJ LABEL TRAVEL

Sector positioning

Liquidity ratio
425.39 2023
2021
2022
2023
Q1: 116.15
Med: 158.12
Q3: 267.98
Excellent +35 pts over 3 years

In 2023, the liquidity ratio of (R) EVOLUTION VOYAGES CMJ... (425.39) 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
-14.38x 2023
2021
2023
Q1: 0.0x
Med: 0.17x
Q3: 3.04x
Watch -50 pts over 2 years

In 2023, the interest coverage of (R) EVOLUTION VOYAGES CMJ... (-14.4x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 84 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 47 days. The gap of 37 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-36 days): operations structurally generate cash. Over 2016-2023, WCR increased by +38%, requiring additional financing.

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

-316 527 €

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

84 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

47 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

1 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

-36 j

WCR and payment terms evolution
(R) EVOLUTION VOYAGES CMJ LABEL TRAVEL

Positioning of (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL in its sector

Comparison with sector Activités des agences de voyage

Valuation estimate

Based on 80 transactions of similar company sales (all years), the value of (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL is estimated at 1 192 175 € (range 757 615€ - 1 762 785€). The price/revenue ratio is 0.38x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2023
80 tx
757k€ 1192k€ 1762k€
1 192 175 € Range: 757 615€ - 1 762 785€
NAF 5 all-time

Valuation method used

Revenue Multiple
3 128 970 € × 0.38x = 1 192 175 €
Range: 757 615€ - 1 762 785€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 80 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 (Activités des agences de voyage)

Compare (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agences de voyage

Frequently asked questions about (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL

What is the revenue of (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL ?

The revenue of (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL in 2023 is 3.1 M€.

Is (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL profitable?

(R) EVOLUTION VOYAGES CMJ LABEL TRAVEL recorded a net loss in 2023.

Where is the headquarters of (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL ?

The headquarters of (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL is located in LYON (69006), in the department Rhone.

Where to find the tax return of (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL ?

The tax return of (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL 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 (R) EVOLUTION VOYAGES CMJ LABEL TRAVEL operate?

(R) EVOLUTION VOYAGES CMJ LABEL TRAVEL operates in the sector Activités des agences de voyage (NAF code 79.11Z). See the 'Sector positioning' section above to compare the company with its competitors.