SARL DU GOLF DE FORGES LES BAINS : revenue, balance sheet and financial ratios

SARL DU GOLF DE FORGES LES BAINS is a French company founded 37 years ago, specialized in the sector Gestion d'installations sportives. Based in FORGES-LES-BAINS (91470), this company of category PME shows in 2024 a revenue of 819 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SARL DU GOLF DE FORGES LES BAINS (SIREN 349950964)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 819 289 € 838 601 € 849 669 € 858 732 € 735 377 € 866 934 € 851 243 € 875 130 € 869 041 €
Net income -109 595 € -98 883 € -76 908 € 94 379 € 58 805 € -4 781 € -36 891 € -20 317 € -43 566 €
EBITDA -136 889 € -127 546 € -109 601 € 33 367 € 60 118 € -22 275 € -57 430 € -96 818 € -122 837 €
Net margin -13.4% -11.8% -9.1% 11.0% 8.0% -0.6% -4.3% -2.3% -5.0%

Revenue and income statement

In 2024, SARL DU GOLF DE FORGES LES BAINS achieves revenue of 819 k€. Activity remains stable over the period (CAGR: -0.7%). Slight decline of -2% vs 2023. After deducting consumption (55 k€), gross margin stands at 764 k€, i.e. a rate of 93%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -137 k€, representing -16.7% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -110 k€ (-13.4% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

819 289 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

764 347 €

EBITDA (2024) ?
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

-136 889 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-107 970 €

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

-109 595 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-16.7%

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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 -22%. 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 -132%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-21.873%

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

-132.003%

Cash flow / Revenue (2024) ?
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

-17.658%

Repayment capacity (2024) ?
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

-0.57

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

17.9%

Solvency indicators evolution
SARL DU GOLF DE FORGES LES BAINS

Sector positioning

Debt ratio
-21.87 2024
2022
2023
2024
Q1: -17.37
Med: 5.02
Q3: 92.31
Excellent

In 2024, the debt ratio of SARL DU GOLF DE FORGES LE... (-21.87) 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
-132.0% 2024
2022
2023
2024
Q1: -7.03%
Med: 15.52%
Q3: 43.64%
Average

In 2024, the financial autonomy of SARL DU GOLF DE FORGES LE... (-132.0%) 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
-0.57 years 2024
2022
2023
2024
Q1: -0.23 years
Med: 0.01 years
Q3: 2.12 years
Excellent

In 2024, the repayment capacity of SARL DU GOLF DE FORGES LE... (-0.57) 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 31.85. 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

31.852

Interest coverage (2024) ?
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

-1.187

Liquidity indicators evolution
SARL DU GOLF DE FORGES LES BAINS

Sector positioning

Liquidity ratio
31.85 2024
2022
2023
2024
Q1: 63.69
Med: 125.15
Q3: 265.63
Watch

In 2024, the liquidity ratio of SARL DU GOLF DE FORGES LE... (31.85) 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
-1.19x 2024
2022
2023
2024
Q1: -0.43x
Med: 0.07x
Q3: 7.49x
Average -11 pts over 3 years

In 2024, the interest coverage of SARL DU GOLF DE FORGES LE... (-1.2x) 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. Average customer payment term: 38 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 38 days. Inventory turnover is 19 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-159 days): operations structurally generate cash. Notable WCR improvement over the period (-59%), freeing up cash.

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

-361 184 €

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

38 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

38 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

19 j

WCR in days of revenue (2024) ?
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

-159 j

WCR and payment terms evolution
SARL DU GOLF DE FORGES LES BAINS

Positioning of SARL DU GOLF DE FORGES LES BAINS in its sector

Comparison with sector Gestion d'installations sportives

Valuation estimate

Based on 73 transactions of similar company sales (all years), the value of SARL DU GOLF DE FORGES LES BAINS is estimated at 468 147 € (range 147 715€ - 754 843€). The price/revenue ratio is 0.57x (in line with sector norms). 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
73 tx
147k€ 468k€ 754k€
468 147 € Range: 147 715€ - 754 843€
NAF 5 all-time

Valuation method used

Revenue Multiple
819 289 € × 0.57x = 468 148 €
Range: 147 715€ - 754 843€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 73 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 (Gestion d'installations sportives)

Compare SARL DU GOLF DE FORGES LES BAINS with other companies in the same sector:

Voir toutes les statistiques du secteur Gestion d'installations sportives

Frequently asked questions about SARL DU GOLF DE FORGES LES BAINS

What is the revenue of SARL DU GOLF DE FORGES LES BAINS ?

The revenue of SARL DU GOLF DE FORGES LES BAINS in 2024 is 819 k€.

Is SARL DU GOLF DE FORGES LES BAINS profitable?

SARL DU GOLF DE FORGES LES BAINS recorded a net loss in 2024.

Where is the headquarters of SARL DU GOLF DE FORGES LES BAINS ?

The headquarters of SARL DU GOLF DE FORGES LES BAINS is located in FORGES-LES-BAINS (91470), in the department Essonne.

Where to find the tax return of SARL DU GOLF DE FORGES LES BAINS ?

The tax return of SARL DU GOLF DE FORGES LES BAINS 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 SARL DU GOLF DE FORGES LES BAINS operate?

SARL DU GOLF DE FORGES LES BAINS operates in the sector Gestion d'installations sportives (NAF code 93.11Z). See the 'Sector positioning' section above to compare the company with its competitors.