RCN LA FERME DU LATOIS : revenue, balance sheet and financial ratios

RCN LA FERME DU LATOIS is a French company founded 23 years ago, specialized in the sector Terrains de camping et parcs pour caravanes ou véhicules de loisirs. Based in COEX (85220), this company of category PME shows in 2023 a revenue of 1.3 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 - RCN LA FERME DU LATOIS (SIREN 443082920)
Indicator 2023 2022 2021 2019 2018 2017 2016
Revenue 1 322 438 € 1 082 013 € 890 924 € 907 651 € 840 811 € 851 493 € 778 012 €
Net income -312 168 € -204 602 € -69 384 € 57 641 € 34 807 € 1 574 € 9 195 €
EBITDA 71 736 € 39 408 € 169 338 € 217 981 € 211 572 € 153 722 € 145 816 €
Net margin -23.6% -18.9% -7.8% 6.4% 4.1% 0.2% 1.2%

Revenue and income statement

In 2023, RCN LA FERME DU LATOIS achieves revenue of 1.3 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +7.9%. Vs 2022, growth of +22% (1.1 M€ -> 1.3 M€). After deducting consumption (145 k€), gross margin stands at 1.2 M€, i.e. a rate of 89%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 72 k€, representing 5.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -312 k€ (-23.6% 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

1 322 438 €

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

1 176 946 €

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

71 736 €

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

-207 295 €

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

-312 168 €

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

5.4%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at -329%. 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%. 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

-329.464%

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

-38.141%

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

-1.905%

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

-87.623

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

30.4%

Solvency indicators evolution
RCN LA FERME DU LATOIS

Sector positioning

Debt ratio
-329.46 2023
2021
2022
2023
Q1: 13.51
Med: 60.75
Q3: 186.32
Excellent

In 2023, the debt ratio of RCN LA FERME DU LATOIS (-329.46) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-38.14% 2023
2021
2022
2023
Q1: 13.79%
Med: 37.26%
Q3: 60.0%
Watch

In 2023, the financial autonomy of RCN LA FERME DU LATOIS (-38.1%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-87.62 years 2023
2021
2022
2023
Q1: 0.18 years
Med: 2.08 years
Q3: 5.38 years
Excellent -50 pts over 3 years

In 2023, the repayment capacity of RCN LA FERME DU LATOIS (-87.62) 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 81.99. 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 136.3x. Operating income very largely covers interest expenses: high safety margin.

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

81.99

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

136.277

Liquidity indicators evolution
RCN LA FERME DU LATOIS

Sector positioning

Liquidity ratio
81.99 2023
2021
2022
2023
Q1: 89.89
Med: 206.71
Q3: 408.12
Watch -18 pts over 3 years

In 2023, the liquidity ratio of RCN LA FERME DU LATOIS (81.99) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
136.28x 2023
2021
2022
2023
Q1: 0.25x
Med: 3.21x
Q3: 10.36x
Excellent

In 2023, the interest coverage of RCN LA FERME DU LATOIS (136.3x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 23 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 25 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 6 days of revenue, i.e. 22 k€ to permanently finance. Over 2016-2023, WCR increased by +109%, 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

21 543 €

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

23 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

25 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

6 j

WCR and payment terms evolution
RCN LA FERME DU LATOIS

Positioning of RCN LA FERME DU LATOIS in its sector

Comparison with sector Terrains de camping et parcs pour caravanes ou véhicules de loisirs

Valuation estimate

Based on 153 transactions of similar company sales (all years), the value of RCN LA FERME DU LATOIS is estimated at 1 120 782 € (range 680 493€ - 1 557 021€). With an EBITDA of 71 736€, the sector multiple of 7.1x is applied. The price/revenue ratio is 1.61x (premium 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.

Estimated enterprise value 2023
153 transactions
680k€ 1120k€ 1557k€
1 120 782 € Range: 680 493€ - 1 557 021€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
71 736 € × 7.1x
Estimation 512 604 €
264 305€ - 758 497€
Revenue Multiple 30%
1 322 438 € × 1.61x
Estimation 2 134 414 €
1 374 140€ - 2 887 896€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 153 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 (Terrains de camping et parcs pour caravanes ou véhicules de loisirs)

Compare RCN LA FERME DU LATOIS with other companies in the same sector:

Voir toutes les statistiques du secteur Terrains de camping et parcs pour caravanes ou véhicules de loisirs

Frequently asked questions about RCN LA FERME DU LATOIS

What is the revenue of RCN LA FERME DU LATOIS ?

The revenue of RCN LA FERME DU LATOIS in 2023 is 1.3 M€.

Is RCN LA FERME DU LATOIS profitable?

RCN LA FERME DU LATOIS recorded a net loss in 2023.

Where is the headquarters of RCN LA FERME DU LATOIS ?

The headquarters of RCN LA FERME DU LATOIS is located in COEX (85220), in the department Vendee.

Where to find the tax return of RCN LA FERME DU LATOIS ?

The tax return of RCN LA FERME DU LATOIS 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 RCN LA FERME DU LATOIS operate?

RCN LA FERME DU LATOIS operates in the sector Terrains de camping et parcs pour caravanes ou véhicules de loisirs (NAF code 55.30Z). See the 'Sector positioning' section above to compare the company with its competitors.