SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD : revenue, balance sheet and financial ratios

SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD is a French company founded 45 years ago, specialized in the sector Location de courte durée de voitures et de véhicules automobiles légers. Based in LUCCIANA (20290), this company of category ETI shows in 2024 a revenue of 14.6 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 - SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD (SIREN 321127565)
Indicator 2024 2023 2021 2019 2018 2017 2016
Revenue 14 562 191 € 13 713 281 € N/C N/C 15 412 207 € N/C 14 723 867 €
Net income 449 686 € 574 989 € 1 816 597 € 187 006 € 325 962 € 377 191 € 415 361 €
EBITDA 11 501 164 € 10 733 177 € N/C N/C 11 456 483 € N/C 11 100 374 €
Net margin 3.1% 4.2% N/C N/C 2.1% N/C 2.8%

Revenue and income statement

In 2024, SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD achieves revenue of 14.6 M€. Activity remains stable over the period (CAGR: -0.1%). Vs 2023: +6%. After deducting consumption (1 k€), gross margin stands at 14.6 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 11.5 M€, representing 79.0% of 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 450 k€, i.e. 3.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

14 562 191 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

14 561 067 €

EBITDA (2024) ?
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

11 501 164 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

557 257 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

449 686 €

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

79.0%

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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 12%. 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 39%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.4 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 (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

11.595%

Financial autonomy (2024) ?
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

38.949%

Cash flow / Revenue (2024) ?
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

3.25%

Repayment capacity (2024) ?
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

0.371

Asset age ratio (2024) ?
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

0.0%

Solvency indicators evolution
SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD

Sector positioning

Debt ratio
11.6 2024
2021
2023
2024
Q1: 0.0
Med: 14.45
Q3: 116.44
Good +14 pts over 3 years

In 2024, the debt ratio of SOCIETE DE LOCATION DE VO... (11.60) 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
38.95% 2024
2021
2023
2024
Q1: 0.16%
Med: 21.35%
Q3: 49.45%
Good -9 pts over 3 years

In 2024, the financial autonomy of SOCIETE DE LOCATION DE VO... (39.0%) 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
0.37 years 2024
2023
2024
Q1: 0.0 years
Med: 0.01 years
Q3: 2.21 years
Average

In 2024, the repayment capacity of SOCIETE DE LOCATION DE VO... (0.37) 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 176.05. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2024) ?
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

176.047

Interest coverage (2024) ?
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

0.002

Liquidity indicators evolution
SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD

Sector positioning

Liquidity ratio
176.05 2024
2021
2023
2024
Q1: 75.41
Med: 176.35
Q3: 352.3
Average -13 pts over 3 years

In 2024, the liquidity ratio of SOCIETE DE LOCATION DE VO... (176.05) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
0.0x 2024
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 6.57x
Good

In 2024, the interest coverage of SOCIETE DE LOCATION DE VO... (0.0x) 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: 14 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 225 days. Excellent situation: suppliers finance 211 days of the operating cycle (retail model). Overall, WCR represents 58 days of revenue, i.e. 2.3 M€ to permanently finance. Over 2016-2024, WCR increased by +53%, requiring additional financing.

Operating WCR (2024) ?
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

2 328 931 €

Customer credit (2024) ?
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

14 j

Supplier credit (2024) ?
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

225 j

Inventory turnover (2024) ?
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 (2024) ?
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

58 j

WCR and payment terms evolution
SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD

Positioning of SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD in its sector

Comparison with sector Location de courte durée de voitures et de véhicules automobiles légers

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD is estimated at 80 009 294 € (range 16 380 134€ - 110 001 893€). With an EBITDA of 11 501 164€, the sector multiple of 11.9x is applied. The price/revenue ratio is 2.33x (premium 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 2024
276 transactions
16380k€ 80009k€ 110001k€
80 009 294 € Range: 16 380 134€ - 110 001 893€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
11 501 164 € × 11.9x
Estimation 137 420 888 €
27 944 885€ - 186 982 472€
Revenue Multiple 30%
14 562 191 € × 2.33x
Estimation 33 982 793 €
7 934 079€ - 44 188 827€
Net Income Multiple 20%
449 686 € × 12.3x
Estimation 5 520 060 €
137 341€ - 16 270 046€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 276 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 de courte durée de voitures et de véhicules automobiles légers)

Compare SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD with other companies in the same sector:

Voir toutes les statistiques du secteur Location de courte durée de voitures et de véhicules automobiles légers

Frequently asked questions about SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD

What is the revenue of SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD ?

The revenue of SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD in 2024 is 14.6 M€.

Is SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD profitable?

Yes, SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD generated a net profit of 450 k€ in 2024.

Where is the headquarters of SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD ?

The headquarters of SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD is located in LUCCIANA (20290).

Where to find the tax return of SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD ?

The tax return of SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD 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 SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD operate?

SOCIETE DE LOCATION DE VOITURES DE LA CORSE DU NORD operates in the sector Location de courte durée de voitures et de véhicules automobiles légers (NAF code 77.11A). See the 'Sector positioning' section above to compare the company with its competitors.