SOC DES ETS QUITTET : revenue, balance sheet and financial ratios

SOC DES ETS QUITTET is a French company founded 44 years ago, specialized in the sector Location et location-bail d'articles de loisirs et de sport . Based in NOTRE-DAME-DE-BELLECOMBE (73590), this company of category PME shows in 2023 a revenue of 284 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 - SOC DES ETS QUITTET (SIREN 323493031)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 284 154 € 292 448 € 76 749 € 216 902 € 240 025 € 262 831 € 243 655 € 260 923 €
Net income 111 736 € 40 619 € -34 567 € 10 705 € 22 599 € 22 732 € 13 320 € -1 155 €
EBITDA -10 993 € 60 259 € 8 209 € 33 886 € 46 075 € 57 513 € 52 726 € 38 976 €
Net margin 39.3% 13.9% -45.0% 4.9% 9.4% 8.6% 5.5% -0.4%

Revenue and income statement

In 2023, SOC DES ETS QUITTET achieves revenue of 284 k€. Revenue is growing positively over 8 years (CAGR: +1.2%). Slight decline of -3% vs 2022. After deducting consumption (56 k€), gross margin stands at 228 k€, i.e. a rate of 80%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -11 k€, representing -3.9% of revenue. Warning negative scissor effect: despite revenue change (-3%), EBITDA varies by -118%, reducing margin by 24.5 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 112 k€, i.e. 39.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

284 154 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

228 311 €

EBITDA (2023) ?
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

-10 993 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-60 037 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

111 736 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-3.9%

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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 18%. 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 78%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

17.996%

Financial autonomy (2023) ?
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

77.502%

Cash flow / Revenue (2023) ?
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

-9.625%

Repayment capacity (2023) ?
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

-2.187

Asset age ratio (2023) ?
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

59.4%

Solvency indicators evolution
SOC DES ETS QUITTET

Sector positioning

Debt ratio
18.0 2023
2021
2022
2023
Q1: 0.0
Med: 19.07
Q3: 111.06
Good -10 pts over 3 years

In 2023, the debt ratio of SOC DES ETS QUITTET (18.00) 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
77.5% 2023
2021
2022
2023
Q1: 0.0%
Med: 25.82%
Q3: 58.21%
Excellent +7 pts over 3 years

In 2023, the financial autonomy of SOC DES ETS QUITTET (77.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
-2.19 years 2023
2021
2022
2023
Q1: -0.02 years
Med: 0.0 years
Q3: 2.41 years
Excellent -52 pts over 3 years

In 2023, the repayment capacity of SOC DES ETS QUITTET (-2.19) 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 783.51. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

783.515

Interest coverage (2023) ?
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

-4.203

Liquidity indicators evolution
SOC DES ETS QUITTET

Sector positioning

Liquidity ratio
783.51 2023
2021
2022
2023
Q1: 89.67
Med: 199.74
Q3: 499.08
Excellent

In 2023, the liquidity ratio of SOC DES ETS QUITTET (783.51) 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
-4.2x 2023
2021
2022
2023
Q1: -0.13x
Med: 0.0x
Q3: 3.96x
Average -50 pts over 3 years

In 2023, the interest coverage of SOC DES ETS QUITTET (-4.2x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 277 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 40 days. The gap of 237 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 332 days of revenue, i.e. 262 k€ to permanently finance. Over 2016-2023, WCR increased by +433%, requiring additional financing.

Operating WCR (2023) ?
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

262 345 €

Customer credit (2023) ?
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

277 j

Supplier credit (2023) ?
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

40 j

Inventory turnover (2023) ?
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 (2023) ?
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

332 j

WCR and payment terms evolution
SOC DES ETS QUITTET

Positioning of SOC DES ETS QUITTET in its sector

Comparison with sector Location et location-bail d'articles de loisirs et de sport

Valuation estimate

Based on 87 transactions of similar company sales (all years), the value of SOC DES ETS QUITTET is estimated at 207 050 € (range 109 996€ - 545 174€). 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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2023
87 tx
109k€ 207k€ 545k€
207 050 € Range: 109 996€ - 545 174€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
284 154 € × 0.57x
Estimation 162 521 €
83 854€ - 392 477€
Net Income Multiple 20%
111 736 € × 2.5x
Estimation 273 846 €
149 211€ - 774 222€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 87 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 (Location et location-bail d'articles de loisirs et de sport )

Compare SOC DES ETS QUITTET with other companies in the same sector:

Voir toutes les statistiques du secteur Location et location-bail d'articles de loisirs et de sport

Frequently asked questions about SOC DES ETS QUITTET

What is the revenue of SOC DES ETS QUITTET ?

The revenue of SOC DES ETS QUITTET in 2023 is 284 k€.

Is SOC DES ETS QUITTET profitable?

Yes, SOC DES ETS QUITTET generated a net profit of 112 k€ in 2023.

Where is the headquarters of SOC DES ETS QUITTET ?

The headquarters of SOC DES ETS QUITTET is located in NOTRE-DAME-DE-BELLECOMBE (73590), in the department Savoie.

Where to find the tax return of SOC DES ETS QUITTET ?

The tax return of SOC DES ETS QUITTET 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 SOC DES ETS QUITTET operate?

SOC DES ETS QUITTET operates in the sector Location et location-bail d'articles de loisirs et de sport (NAF code 77.21Z). See the 'Sector positioning' section above to compare the company with its competitors.