SOCIETE HOTELIERE DE KERDREAN : revenue, balance sheet and financial ratios

SOCIETE HOTELIERE DE KERDREAN is a French company founded 36 years ago, specialized in the sector Hôtels et hébergement similaire . Based in LUC-SUR-MER (14530), this company of category PME shows in 2020 a revenue of 551 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 - SOCIETE HOTELIERE DE KERDREAN (SIREN 377521711)
Indicator 2020 2019 2018 2017 2016
Revenue 550 816 € 1 404 452 € 1 544 556 € 1 298 110 € 712 838 €
Net income -360 347 € -27 823 € -34 387 € -140 908 € -669 983 €
EBITDA -270 338 € -17 552 € 60 549 € -7 995 € 109 093 €
Net margin -65.4% -2.0% -2.2% -10.9% -94.0%

Revenue and income statement

In 2020, SOCIETE HOTELIERE DE KERDREAN achieves revenue of 551 k€. Revenue is declining over the period 2016-2020 (CAGR: -6.2%). Significant drop of -61% vs 2019. After deducting consumption (66 k€), gross margin stands at 485 k€, i.e. a rate of 88%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -270 k€, representing -49.1% of revenue. Warning negative scissor effect: despite revenue change (-61%), EBITDA varies by -1440%, reducing margin by 47.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -360 k€ (-65.4% of revenue), which will impact equity.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

550 816 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

484 760 €

EBITDA (2020) ?
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

-270 338 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-354 074 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-360 347 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-48.9%

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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 -17%. 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 -132%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-16.998%

Financial autonomy (2020) ?
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

-132.083%

Cash flow / Revenue (2020) ?
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

-53.227%

Repayment capacity (2020) ?
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

-0.497

Asset age ratio (2020) ?
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

27.9%

Solvency indicators evolution
SOCIETE HOTELIERE DE KERDREAN

Sector positioning

Debt ratio
-17.0 2020
2018
2019
2020
Q1: 0.0
Med: 40.94
Q3: 193.6
Excellent

In 2020, the debt ratio of SOCIETE HOTELIERE DE KERD... (-17.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-132.08% 2020
2018
2019
2020
Q1: 0.23%
Med: 25.53%
Q3: 56.11%
Average

In 2020, the financial autonomy of SOCIETE HOTELIERE DE KERD... (-132.1%) 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
-0.5 years 2020
2018
2019
2020
Q1: -6.02 years
Med: 0.0 years
Q3: 3.22 years
Good -17 pts over 3 years

In 2020, the repayment capacity of SOCIETE HOTELIERE DE KERD... (-0.50) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 15.55. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2020) ?
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

15.553

Interest coverage (2020) ?
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

-1.336

Liquidity indicators evolution
SOCIETE HOTELIERE DE KERDREAN

Sector positioning

Liquidity ratio
15.55 2020
2018
2019
2020
Q1: 71.92
Med: 163.87
Q3: 358.06
Watch

In 2020, the liquidity ratio of SOCIETE HOTELIERE DE KERD... (15.55) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-1.34x 2020
2018
2019
2020
Q1: -4.81x
Med: 0.0x
Q3: 2.71x
Average -22 pts over 3 years

In 2020, the interest coverage of SOCIETE HOTELIERE DE KERD... (-1.3x) 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: 35 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 351 days. Excellent situation: suppliers finance 316 days of the operating cycle (retail model). Inventory turnover is 4 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-386 days): operations structurally generate cash. Notable WCR improvement over the period (-94%), freeing up cash.

Operating WCR (2020) ?
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

-589 929 €

Customer credit (2020) ?
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

35 j

Supplier credit (2020) ?
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

351 j

Inventory turnover (2020) ?
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

4 j

WCR in days of revenue (2020) ?
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

-386 j

WCR and payment terms evolution
SOCIETE HOTELIERE DE KERDREAN

Positioning of SOCIETE HOTELIERE DE KERDREAN in its sector

Comparison with sector Hôtels et hébergement similaire

Valuation estimate

Based on 97 transactions of similar company sales in 2020, the value of SOCIETE HOTELIERE DE KERDREAN is estimated at 403 689 € (range 207 273€ - 699 717€). The price/revenue ratio is 0.73x (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 2020
97 tx
207k€ 403k€ 699k€
403 689 € Range: 207 273€ - 699 717€
NAF 5 année 2020

Valuation method used

Revenue Multiple
550 816 € × 0.73x = 403 689 €
Range: 207 274€ - 699 717€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 97 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 (Hôtels et hébergement similaire )

Compare SOCIETE HOTELIERE DE KERDREAN with other companies in the same sector:

Voir toutes les statistiques du secteur Hôtels et hébergement similaire

Frequently asked questions about SOCIETE HOTELIERE DE KERDREAN

What is the revenue of SOCIETE HOTELIERE DE KERDREAN ?

The revenue of SOCIETE HOTELIERE DE KERDREAN in 2020 is 551 k€.

Is SOCIETE HOTELIERE DE KERDREAN profitable?

SOCIETE HOTELIERE DE KERDREAN recorded a net loss in 2020.

Where is the headquarters of SOCIETE HOTELIERE DE KERDREAN ?

The headquarters of SOCIETE HOTELIERE DE KERDREAN is located in LUC-SUR-MER (14530), in the department Calvados.

Where to find the tax return of SOCIETE HOTELIERE DE KERDREAN ?

The tax return of SOCIETE HOTELIERE DE KERDREAN 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 HOTELIERE DE KERDREAN operate?

SOCIETE HOTELIERE DE KERDREAN operates in the sector Hôtels et hébergement similaire (NAF code 55.10Z). See the 'Sector positioning' section above to compare the company with its competitors.