Employees: 12 (2023.0)Legal category: SCA (commandite par actions)Size: ETICreation date: 1995-03-01 (31 years)Status: ActiveBusiness sector: Restauration de type rapideLocation: ILLZACH (68110), Haut-Rhin
SLAP : revenue, balance sheet and financial ratios
SLAP is a French company
founded 31 years ago,
specialized in the sector Restauration de type rapide.
Based in ILLZACH (68110),
this company of category ETI
shows in 2024 a revenue of 915 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, SLAP achieves revenue of 915 k€. Revenue is declining over the period 2016-2024 (CAGR: -18.3%). Vs 2023: +9%. After deducting consumption (262 k€), gross margin stands at 653 k€, i.e. a rate of 71%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 126 k€, representing 13.7% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 49 k€, i.e. 5.4% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
915 423 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
653 481 €
EBITDA (2024)
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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
125 569 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
50 860 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
49 157 €
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
13.4%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
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Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 226%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 9.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 6.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
225.954%
Financial autonomy (2024)
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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
27.832%
Cash flow / Revenue (2024)
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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
6.468%
Repayment capacity (2024)
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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
9.274
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
17.571
15.622
22.364
45.222
35.047
55.337
55.34
196.835
225.954
Financial autonomy
44.09
41.35
44.307
41.957
67.385
53.748
55.352
29.51
27.832
Repayment capacity
0.21
0.161
0.287
0.753
-3.755
1.24
0.749
3.302
9.274
Cash flow / Revenue
9.163%
8.803%
7.322%
7.601%
-5.901%
19.571%
27.597%
13.899%
6.468%
Sector positioning
Debt ratio
225.952024
2022
2023
2024
Q1: 0.0
Med: 16.12
Q3: 113.7
Average+21 pts over 3 years
In 2024, the debt ratio of SLAP (225.95) 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
27.83%2024
2022
2023
2024
Q1: 0.43%
Med: 16.82%
Q3: 42.04%
Good-14 pts over 3 years
In 2024, the financial autonomy of SLAP (27.8%) 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
9.27 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.04 years
Q3: 1.89 years
Average+17 pts over 3 years
In 2024, the repayment capacity of SLAP (9.27) 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 538.71. 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 13.6x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2024)
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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
538.713
Interest coverage (2024)
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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
13.572
Liquidity indicators evolution SLAP
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
94.756
99.482
98.655
119.003
671.637
131.556
170.911
251.126
538.713
Interest coverage
0.635
0.187
0.137
0.315
9.638
2.645
1.251
8.261
13.572
Sector positioning
Liquidity ratio
538.712024
2022
2023
2024
Q1: 55.0
Med: 110.69
Q3: 196.26
Excellent+11 pts over 3 years
In 2024, the liquidity ratio of SLAP (538.71) 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
13.57x2024
2022
2023
2024
Q1: 0.0x
Med: 0.01x
Q3: 2.83x
Excellent+9 pts over 3 years
In 2024, the interest coverage of SLAP (13.6x) 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: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 18 days. Favorable situation: supplier credit is longer than customer credit by 17 days. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 136 days of revenue, i.e. 347 k€ to permanently finance. Over 2016-2024, WCR increased by +157%, requiring additional financing.
Operating WCR (2024)
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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
346 698 €
Customer credit (2024)
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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
1 j
Supplier credit (2024)
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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
18 j
Inventory turnover (2024)
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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
1 j
WCR in days of revenue (2024)
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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
136 j
WCR and payment terms evolution SLAP
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
134 697 €
58 126 €
46 361 €
52 098 €
658 216 €
-22 788 €
39 959 €
116 996 €
346 698 €
Inventory turnover (days)
3
2
2
2
1
2
1
3
1
Customer payment term (days)
0
0
1
2
1
1
1
1
1
Supplier payment term (days)
36
32
25
34
22
29
23
24
18
Positioning of SLAP in its sector
Comparison with sector Restauration de type rapide
Valuation estimate
Based on 698 transactions of similar company sales
in 2024,
the value of SLAP is estimated at
563 760 €
(range 291 980€ - 1 051 620€).
With an EBITDA of 125 569€, the sector multiple of 5.4x is applied.
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.
Estimated enterprise value2024
698 transactions
291k€563k€1051k€
563 760 €Range: 291 980€ - 1 051 620€
NAF 5 année 2024
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
125 569 €×5.4x
Estimation677 800 €
333 903€ - 1 332 776€
Revenue Multiple30%
915 423 €×0.57x
Estimation521 639 €
303 030€ - 768 065€
Net Income Multiple20%
49 157 €×7.0x
Estimation341 843 €
170 601€ - 774 065€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 698 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 (Restauration de type rapide)
Compare SLAP with other companies in the same sector:
Yes, SLAP generated a net profit of 49 k€ in 2024.
Where is the headquarters of SLAP ?
The headquarters of SLAP is located in ILLZACH (68110), in the department Haut-Rhin.
Where to find the tax return of SLAP ?
The tax return of SLAP 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 SLAP operate?
SLAP operates in the sector Restauration de type rapide (NAF code 56.10C). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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