REPAIR AND OVERHAUL LE BOURGET : revenue, balance sheet and financial ratios

REPAIR AND OVERHAUL LE BOURGET is a French company founded 7 years ago, specialized in the sector Services auxiliaires des transports aériens. Based in MAUGES-SUR-LOIRE (49410), this company of category ETI shows in 2023 a revenue of 10.6 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 - REPAIR AND OVERHAUL LE BOURGET (SIREN 841447915)
Indicator 2023 2022 2021 2020 2019
Revenue 10 602 375 € 12 736 529 € 7 557 288 € 6 559 894 € 7 382 809 €
Net income -268 249 € 37 883 € -385 055 € -3 047 € 49 061 €
EBITDA -67 643 € 312 570 € -284 626 € 26 257 € 436 948 €
Net margin -2.5% 0.3% -5.1% -0.0% 0.7%

Revenue and income statement

In 2023, REPAIR AND OVERHAUL LE BOURGET achieves revenue of 10.6 M€. Over the period 2019-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +9.5%. Significant drop of -17% vs 2022. After deducting consumption (3.3 M€), gross margin stands at 7.3 M€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -68 k€, representing -0.6% of revenue. Warning negative scissor effect: despite revenue change (-17%), EBITDA varies by -122%, reducing margin by 3.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -268 k€ (-2.5% 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

10 602 375 €

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

7 271 350 €

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

-67 643 €

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

-225 247 €

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

-268 249 €

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

-0.6%

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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 463%. 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 14%. 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

463.274%

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

13.708%

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

-1.328%

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

-38.87

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

68.0%

Solvency indicators evolution
REPAIR AND OVERHAUL LE BOURGET

Sector positioning

Debt ratio
463.27 2023
2021
2022
2023
Q1: 0.0
Med: 1.9
Q3: 66.33
Watch +54 pts over 3 years

In 2023, the debt ratio of REPAIR AND OVERHAUL LE BO... (463.27) 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
13.71% 2023
2021
2022
2023
Q1: 2.6%
Med: 21.0%
Q3: 38.57%
Average +15 pts over 3 years

In 2023, the financial autonomy of REPAIR AND OVERHAUL LE BO... (13.7%) 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
-38.87 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.01 years
Q3: 1.56 years
Excellent

In 2023, the repayment capacity of REPAIR AND OVERHAUL LE BO... (-38.87) 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 474.11. 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

474.114

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

-82.538

Liquidity indicators evolution
REPAIR AND OVERHAUL LE BOURGET

Sector positioning

Liquidity ratio
474.11 2023
2021
2022
2023
Q1: 102.78
Med: 131.13
Q3: 195.26
Excellent +30 pts over 3 years

In 2023, the liquidity ratio of REPAIR AND OVERHAUL LE BO... (474.11) 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
-82.54x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.08x
Q3: 5.93x
Watch

In 2023, the interest coverage of REPAIR AND OVERHAUL LE BO... (-82.5x) 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: 110 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 32 days. The gap of 78 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 133 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 246 days of revenue, i.e. 7.2 M€ to permanently finance. Over 2019-2023, WCR increased by +222%, 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

7 245 239 €

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

110 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

32 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

133 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

246 j

WCR and payment terms evolution
REPAIR AND OVERHAUL LE BOURGET

Positioning of REPAIR AND OVERHAUL LE BOURGET in its sector

Comparison with sector Services auxiliaires des transports aériens

Valuation estimate

Based on 205 transactions of similar company sales (all years), the value of REPAIR AND OVERHAUL LE BOURGET is estimated at 1 587 497 € (range 1 018 645€ - 4 947 825€). The price/revenue ratio is 0.15x (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.

Estimated enterprise value 2023
205 transactions
1018k€ 1587k€ 4947k€
1 587 497 € Range: 1 018 645€ - 4 947 825€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
10 602 375 € × 0.15x = 1 587 497 €
Range: 1 018 645€ - 4 947 825€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 205 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 (Services auxiliaires des transports aériens)

Compare REPAIR AND OVERHAUL LE BOURGET with other companies in the same sector:

Voir toutes les statistiques du secteur Services auxiliaires des transports aériens

Frequently asked questions about REPAIR AND OVERHAUL LE BOURGET

What is the revenue of REPAIR AND OVERHAUL LE BOURGET ?

The revenue of REPAIR AND OVERHAUL LE BOURGET in 2023 is 10.6 M€.

Is REPAIR AND OVERHAUL LE BOURGET profitable?

REPAIR AND OVERHAUL LE BOURGET recorded a net loss in 2023.

Where is the headquarters of REPAIR AND OVERHAUL LE BOURGET ?

The headquarters of REPAIR AND OVERHAUL LE BOURGET is located in MAUGES-SUR-LOIRE (49410), in the department Maine-et-Loire.

Where to find the tax return of REPAIR AND OVERHAUL LE BOURGET ?

The tax return of REPAIR AND OVERHAUL LE BOURGET 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 REPAIR AND OVERHAUL LE BOURGET operate?

REPAIR AND OVERHAUL LE BOURGET operates in the sector Services auxiliaires des transports aériens (NAF code 52.23Z). See the 'Sector positioning' section above to compare the company with its competitors.