SAS LA CLE DE NEPTUNE : revenue, balance sheet and financial ratios

SAS LA CLE DE NEPTUNE is a French company founded 15 years ago, specialized in the sector Commerce de détail d'autres équipements du foyer. Based in ARES (33740), this company of category PME shows in 2017 a revenue of 31 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

Financial history - SAS LA CLE DE NEPTUNE (SIREN 530812635)
Indicator 2017 2013
Revenue 30 842 € 7 499 €
Net income 8 700 € -764 €
EBITDA 10 972 € 1 555 €
Net margin 28.2% -10.2%

Revenue and income statement

In 2017, SAS LA CLE DE NEPTUNE achieves revenue of 31 k€. Vs 2013, growth of +311% (7 k€ -> 31 k€). After deducting consumption (7 k€), gross margin stands at 24 k€, i.e. a rate of 77%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 11 k€, representing 35.6% of revenue. Positive scissor effect: EBITDA margin improves by +14.8 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 9 k€, i.e. 28.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2017) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

30 842 €

Gross margin (2017) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

23 596 €

EBITDA (2017) ?
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

10 972 €

EBIT (2017) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

10 318 €

Net income (2017) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

8 700 €

EBITDA margin (2017) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

35.6%

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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 4%. 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 4%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 30.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2017) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

4.431%

Financial autonomy (2017) ?
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

3.577%

Cash flow / Revenue (2017) ?
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

30.326%

Repayment capacity (2017) ?
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

0.0

Solvency indicators evolution
SAS LA CLE DE NEPTUNE

Sector positioning

Debt ratio
4.43 2017
2013
2017
Q1: 0.64
Med: 28.59
Q3: 123.39
Good +26 pts over 2 years

In 2017, the debt ratio of SAS LA CLE DE NEPTUNE (4.43) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
3.58% 2017
2013
2017
Q1: 10.49%
Med: 32.14%
Q3: 56.75%
Average -50 pts over 2 years

In 2017, the financial autonomy of SAS LA CLE DE NEPTUNE (3.6%) 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
0.0 years 2017
2013
2017
Q1: 0.0 years
Med: 0.23 years
Q3: 2.54 years
Excellent -56 pts over 2 years

In 2017, the repayment capacity of SAS LA CLE DE NEPTUNE (0.00) 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 510.33. 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 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2017) ?
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

510.333

Interest coverage (2017) ?
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

0.756

Liquidity indicators evolution
SAS LA CLE DE NEPTUNE

Sector positioning

Liquidity ratio
510.33 2017
2013
2017
Q1: 109.98
Med: 170.29
Q3: 286.66
Excellent +34 pts over 2 years

In 2017, the liquidity ratio of SAS LA CLE DE NEPTUNE (510.33) 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
0.76x 2017
2013
2017
Q1: 0.0x
Med: 0.04x
Q3: 4.92x
Good -22 pts over 2 years

In 2017, the interest coverage of SAS LA CLE DE NEPTUNE (0.8x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 5 days. The gap of 49 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 88 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 129 days of revenue, i.e. 11 k€ to permanently finance.

Operating WCR (2017) ?
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

11 085 €

Customer credit (2017) ?
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

54 j

Supplier credit (2017) ?
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

5 j

Inventory turnover (2017) ?
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

88 j

WCR in days of revenue (2017) ?
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

129 j

WCR and payment terms evolution
SAS LA CLE DE NEPTUNE

Positioning of SAS LA CLE DE NEPTUNE in its sector

Comparison with sector Commerce de détail d'autres équipements du foyer

Valuation estimate

Based on 65 transactions of similar company sales in 2017, the value of SAS LA CLE DE NEPTUNE is estimated at 36 798 € (range 15 755€ - 60 868€). With an EBITDA of 10 972€, the sector multiple of 4.6x is applied. The price/revenue ratio is 0.20x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2017
65 tx
15k€ 36k€ 60k€
36 798 € Range: 15 755€ - 60 868€
NAF 5 année 2017

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
10 972 € × 4.6x
Estimation 50 856 €
20 875€ - 73 161€
Revenue Multiple 30%
30 842 € × 0.20x
Estimation 6 039 €
3 597€ - 12 857€
Net Income Multiple 20%
8 700 € × 5.5x
Estimation 47 795 €
21 194€ - 102 156€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 65 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 (Commerce de détail d'autres équipements du foyer)

Compare SAS LA CLE DE NEPTUNE with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail d'autres équipements du foyer

Frequently asked questions about SAS LA CLE DE NEPTUNE

What is the revenue of SAS LA CLE DE NEPTUNE ?

The revenue of SAS LA CLE DE NEPTUNE in 2017 is 31 k€.

Is SAS LA CLE DE NEPTUNE profitable?

Yes, SAS LA CLE DE NEPTUNE generated a net profit of 9 k€ in 2017.

Where is the headquarters of SAS LA CLE DE NEPTUNE ?

The headquarters of SAS LA CLE DE NEPTUNE is located in ARES (33740), in the department Gironde.

Where to find the tax return of SAS LA CLE DE NEPTUNE ?

The tax return of SAS LA CLE DE NEPTUNE 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 SAS LA CLE DE NEPTUNE operate?

SAS LA CLE DE NEPTUNE operates in the sector Commerce de détail d'autres équipements du foyer (NAF code 47.59B). See the 'Sector positioning' section above to compare the company with its competitors.