SARL DE LA DETENTE ET DU LOISIR : revenue, balance sheet and financial ratios

In 2024, SARL DE LA DETENTE ET DU LOISIR achieves revenue of 896 k€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.3%. Slight decline of -6% vs 2023. After deducting consumption (-16 k€), gross margin stands at 912 k€, i.e. a rate of 102%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 315 k€, representing 35.1% of revenue. Warning negative scissor effect: despite revenue change (-6%), EBITDA varies by -40%, reducing margin by 19.4 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 19 k€, i.e. 2.1% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 106%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 42%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.6 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 25.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 483.31. 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 15.8x. Operating income very largely covers interest expenses: high safety margin.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 50 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 65 days. Favorable situation: supplier credit is longer than customer credit by 15 days. Inventory turnover is 293 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 609 days of revenue, i.e. 1.5 M€ to permanently finance. Over 2017-2024, WCR increased by +1672%, requiring additional financing.

Based on 153 transactions of similar company sales (all years), the value of SARL DE LA DETENTE ET DU LOISIR is estimated at 1 585 202 € (range 867 007€ - 2 315 359€). With an EBITDA of 314 580€, 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.