SERGE HAVE SPORT : revenue, balance sheet and financial ratios

SERGE HAVE SPORT is a French company founded 31 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in VIRE NORMANDIE (14500), this company of category PME shows in 2025 a revenue of 5.8 M€. 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 - SERGE HAVE SPORT (SIREN 399928688)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018
Revenue 5 841 816 € 7 126 585 € 6 157 187 € 4 740 719 € N/C N/C N/C N/C
Net income 173 372 € 168 209 € 84 067 € 43 594 € 105 104 € 35 610 € 47 324 € 31 034 €
EBITDA 257 189 € 238 868 € 145 457 € 97 700 € N/C N/C N/C N/C
Net margin 3.0% 2.4% 1.4% 0.9% N/C N/C N/C N/C

Revenue and income statement

In 2025, SERGE HAVE SPORT achieves revenue of 5.8 M€. Over the period 2022-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +7.2%. Significant drop of -18% vs 2024. After deducting consumption (5.1 M€), gross margin stands at 779 k€, i.e. a rate of 13%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 257 k€, representing 4.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 173 k€, i.e. 3.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

5 841 816 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

778 804 €

EBITDA (2025) ?
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

257 189 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

244 588 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

173 372 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

4.4%

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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 45%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 53%. 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 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

45.184%

Financial autonomy (2025) ?
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

53.422%

Cash flow / Revenue (2025) ?
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

3.177%

Repayment capacity (2025) ?
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

1.629

Asset age ratio (2025) ?
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

15.7%

Solvency indicators evolution
SERGE HAVE SPORT

Sector positioning

Debt ratio
45.18 2025
2023
2024
2025
Q1: 4.82
Med: 28.34
Q3: 97.59
Average

In 2025, the debt ratio of SERGE HAVE SPORT (45.18) 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
53.42% 2025
2023
2024
2025
Q1: 21.4%
Med: 46.13%
Q3: 67.72%
Good -15 pts over 3 years

In 2025, the financial autonomy of SERGE HAVE SPORT (53.4%) 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.

Repayment capacity
1.63 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.77 years
Q3: 4.23 years
Average

In 2025, the repayment capacity of SERGE HAVE SPORT (1.63) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 480.77. 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 7.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2025) ?
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

480.774

Interest coverage (2025) ?
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

7.17

Liquidity indicators evolution
SERGE HAVE SPORT

Sector positioning

Liquidity ratio
480.77 2025
2023
2024
2025
Q1: 178.81
Med: 298.19
Q3: 555.86
Good -7 pts over 3 years

In 2025, the liquidity ratio of SERGE HAVE SPORT (480.77) 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.

Interest coverage
7.17x 2025
2023
2024
2025
Q1: 0.0x
Med: 2.08x
Q3: 16.38x
Good

In 2025, the interest coverage of SERGE HAVE SPORT (7.2x) 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: 2 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 13 days. Favorable situation: supplier credit is longer than customer credit by 11 days. Inventory turnover is 69 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 69 days of revenue, i.e. 1.1 M€ to permanently finance.

Operating WCR (2025) ?
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

1 118 357 €

Customer credit (2025) ?
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

2 j

Supplier credit (2025) ?
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

13 j

Inventory turnover (2025) ?
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

69 j

WCR in days of revenue (2025) ?
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

69 j

WCR and payment terms evolution
SERGE HAVE SPORT

Positioning of SERGE HAVE SPORT in its sector

Comparison with sector Commerce de voitures et de véhicules automobiles légers

Valuation estimate

Based on 113 transactions of similar company sales in 2025, the value of SERGE HAVE SPORT is estimated at 606 361 € (range 285 505€ - 1 125 569€). With an EBITDA of 257 189€, the sector multiple of 0.7x is applied. The price/revenue ratio is 0.21x (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.

Estimated enterprise value 2025
113 transactions
285k€ 606k€ 1125k€
606 361 € Range: 285 505€ - 1 125 569€
NAF 5 année 2025

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
257 189 € × 0.7x
Estimation 185 908 €
76 413€ - 680 792€
Revenue Multiple 30%
5 841 816 € × 0.21x
Estimation 1 218 365 €
667 059€ - 1 808 393€
Net Income Multiple 20%
173 372 € × 4.3x
Estimation 739 490 €
235 906€ - 1 213 277€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 113 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 voitures et de véhicules automobiles légers)

Compare SERGE HAVE SPORT with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers

Frequently asked questions about SERGE HAVE SPORT

What is the revenue of SERGE HAVE SPORT ?

The revenue of SERGE HAVE SPORT in 2025 is 5.8 M€.

Is SERGE HAVE SPORT profitable?

Yes, SERGE HAVE SPORT generated a net profit of 173 k€ in 2025.

Where is the headquarters of SERGE HAVE SPORT ?

The headquarters of SERGE HAVE SPORT is located in VIRE NORMANDIE (14500), in the department Calvados.

Where to find the tax return of SERGE HAVE SPORT ?

The tax return of SERGE HAVE SPORT 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 SERGE HAVE SPORT operate?

SERGE HAVE SPORT operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.