SARL GRAND HOTEL DES BAINS : revenue, balance sheet and financial ratios

SARL GRAND HOTEL DES BAINS is a French company founded 41 years ago, specialized in the sector Hôtels et hébergement similaire . Based in SANARY-SUR-MER (83110), this company of category PME shows in 2018 a revenue of 674 k€. 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 - SARL GRAND HOTEL DES BAINS (SIREN 333192326)
Indicator 2018 2017 2016
Revenue 674 355 € 663 939 € 827 902 €
Net income 19 839 € -56 093 € 6 083 €
EBITDA 43 591 € -31 028 € 11 929 €
Net margin 2.9% -8.4% 0.7%

Revenue and income statement

In 2018, SARL GRAND HOTEL DES BAINS achieves revenue of 674 k€. Revenue is declining over the period 2016-2018 (CAGR: -9.7%). Vs 2017: +2%. After deducting consumption (26 k€), gross margin stands at 648 k€, i.e. a rate of 96%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 44 k€, representing 6.5% of revenue. Positive scissor effect: EBITDA margin improves by +11.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 20 k€, i.e. 2.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2018) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

674 355 €

Gross margin (2018) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

648 243 €

EBITDA (2018) ?
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

43 591 €

EBIT (2018) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

29 535 €

Net income (2018) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

19 839 €

EBITDA margin (2018) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

6.5%

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Chart evolution

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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 109%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory.

Debt ratio (2018) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

109.127%

Financial autonomy (2018) ?
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

31.09%

Cash flow / Revenue (2018) ?
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

-1.577%

Repayment capacity (2018) ?
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

-24.679

Asset age ratio (2018) ?
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
SARL GRAND HOTEL DES BAINS

Sector positioning

Debt ratio
109.13 2018
2016
2017
2018
Q1: 0.0
Med: 30.86
Q3: 148.8
Average +8 pts over 3 years

In 2018, the debt ratio of SARL GRAND HOTEL DES BAINS (109.13) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
31.09% 2018
2016
2017
2018
Q1: 4.65%
Med: 32.18%
Q3: 61.5%
Average -6 pts over 3 years

In 2018, the financial autonomy of SARL GRAND HOTEL DES BAINS (31.1%) 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
-24.68 years 2018
2016
2017
2018
Q1: 0.0 years
Med: 0.76 years
Q3: 4.62 years
Excellent

In 2018, the repayment capacity of SARL GRAND HOTEL DES BAINS (-24.68) 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 39.16. 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 14.3x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2018) ?
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

39.155

Interest coverage (2018) ?
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

14.326

Liquidity indicators evolution
SARL GRAND HOTEL DES BAINS

Sector positioning

Liquidity ratio
39.16 2018
2016
2017
2018
Q1: 59.45
Med: 122.53
Q3: 258.07
Average

In 2018, the liquidity ratio of SARL GRAND HOTEL DES BAINS (39.16) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
14.33x 2018
2016
2017
2018
Q1: 0.0x
Med: 1.22x
Q3: 7.87x
Excellent

In 2018, the interest coverage of SARL GRAND HOTEL DES BAINS (14.3x) 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: 20 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 142 days. Excellent situation: suppliers finance 122 days of the operating cycle (retail model). WCR is negative (-19 days): operations structurally generate cash. Over 2016-2018, WCR increased by +67%, requiring additional financing.

Operating WCR (2018) ?
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

-36 085 €

Customer credit (2018) ?
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

20 j

Supplier credit (2018) ?
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

142 j

Inventory turnover (2018) ?
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

0 j

WCR in days of revenue (2018) ?
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

-19 j

WCR and payment terms evolution
SARL GRAND HOTEL DES BAINS

Positioning of SARL GRAND HOTEL DES BAINS in its sector

Comparison with sector Hôtels et hébergement similaire

Valuation estimate

Based on 156 transactions of similar company sales in 2018, the value of SARL GRAND HOTEL DES BAINS is estimated at 253 690 € (range 85 717€ - 496 983€). With an EBITDA of 43 591€, the sector multiple of 5.1x is applied. The price/revenue ratio is 0.63x (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.

Estimated enterprise value 2018
156 transactions
85k€ 253k€ 496k€
253 690 € Range: 85 717€ - 496 983€
NAF 5 année 2018

Valuation detail by method

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EBITDA Multiple 50%
43 591 € × 5.1x
Estimation 220 840 €
59 610€ - 477 992€
Revenue Multiple 30%
674 355 € × 0.63x
Estimation 425 635 €
170 152€ - 695 011€
Net Income Multiple 20%
19 839 € × 3.9x
Estimation 77 902 €
24 333€ - 247 422€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 156 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 (Hôtels et hébergement similaire )

Compare SARL GRAND HOTEL DES BAINS with other companies in the same sector:

Voir toutes les statistiques du secteur Hôtels et hébergement similaire

Frequently asked questions about SARL GRAND HOTEL DES BAINS

What is the revenue of SARL GRAND HOTEL DES BAINS ?

The revenue of SARL GRAND HOTEL DES BAINS in 2018 is 674 k€.

Is SARL GRAND HOTEL DES BAINS profitable?

Yes, SARL GRAND HOTEL DES BAINS generated a net profit of 20 k€ in 2018.

Where is the headquarters of SARL GRAND HOTEL DES BAINS ?

The headquarters of SARL GRAND HOTEL DES BAINS is located in SANARY-SUR-MER (83110), in the department Var.

Where to find the tax return of SARL GRAND HOTEL DES BAINS ?

The tax return of SARL GRAND HOTEL DES 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 GRAND HOTEL DES BAINS operate?

SARL GRAND HOTEL DES BAINS operates in the sector Hôtels et hébergement similaire (NAF code 55.10Z). See the 'Sector positioning' section above to compare the company with its competitors.