SIREN : 400918041
SAS DES GLENAN is a French company founded 31 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in VANNES (56000), this company of category PME shows in 2024 a revenue of 20 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 20 281 € | 19 578 € | 4 653 € |
| Net income | 222 984 € | -12 194 € | 52 223 € |
| EBITDA | 4 234 € | 8 489 € | -16 258 € |
| Net margin | 1099.5% | -62.3% | 1122.4% |
In 2024, SAS DES GLENAN achieves revenue of 20 k€. Over the period 2022-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +108.8%. Vs 2023: +4%. After deducting consumption (0 €), gross margin stands at 20 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4 k€, representing 20.9% of revenue. Warning negative scissor effect: despite revenue change (+4%), EBITDA varies by -50%, reducing margin by 22.5 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 223 k€, i.e. 1099.5% of revenue. This profit can be retained or distributed to shareholders.
20 281 €
20 281 €
4 234 €
-2 126 €
222 984 €
20.9%
The debt ratio (= Financial debt / Equity x 100) stands at 108%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 48%. 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 4.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1130.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
108.382%
47.676%
1130.832%
4.346
88.7%
In 2024, the debt ratio of SAS DES GLENAN (108.38) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of SAS DES GLENAN (47.7%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of SAS DES GLENAN (4.35) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 1124.52. 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 301.2x. Operating income very largely covers interest expenses: high safety margin.
1124.521
301.205
In 2024, the liquidity ratio of SAS DES GLENAN (1124.52) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of SAS DES GLENAN (301.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 208 days. Excellent situation: suppliers finance 208 days of the operating cycle (retail model). Overall, WCR represents 942 days of revenue, i.e. 53 k€ to permanently finance.
53 058 €
0 j
208 j
0 j
942 j
Based on 169 transactions of similar company sales in 2024, the value of SAS DES GLENAN is estimated at 320 659 € (range 96 385€ - 581 680€). With an EBITDA of 4 234€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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.
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This estimate is based on the analysis of 169 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare SAS DES GLENAN with other companies in the same sector:
Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers
The revenue of SAS DES GLENAN in 2024 is 20 k€.
Yes, SAS DES GLENAN generated a net profit of 223 k€ in 2024.
The headquarters of SAS DES GLENAN is located in VANNES (56000), in the department Morbihan.
The tax return of SAS DES GLENAN 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).
SAS DES GLENAN operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.