SOCIETE HOTELIERE DU PAYS VANNETAIS : revenue, balance sheet and financial ratios

SOCIETE HOTELIERE DU PAYS VANNETAIS is a French company founded 37 years ago, specialized in the sector Hôtels et hébergement similaire . Based in VANNES (56000), this company of category ETI shows in 2024 a revenue of 1.6 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 HOTELIERE DU PAYS VANNETAIS (SIREN 349630590)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 1 631 496 € 1 573 829 € 1 521 659 € 1 436 039 € 812 893 € 1 529 535 € 1 364 899 € 1 407 334 € 1 343 521 € 1 202 979 €
Net income 300 589 € 267 560 € 266 068 € 220 675 € 12 583 € 252 313 € 206 103 € 255 994 € 187 944 € 118 960 €
EBITDA 435 307 € 393 945 € 456 961 € 404 879 € 131 254 € 463 782 € 419 713 € 445 535 € 378 661 € 350 779 €
Net margin 18.4% 17.0% 17.5% 15.4% 1.5% 16.5% 15.1% 18.2% 14.0% 9.9%

Revenue and income statement

In 2024, SOCIETE HOTELIERE DU PAYS VANNETAIS achieves revenue of 1.6 M€. Revenue is growing positively over 10 years (CAGR: +3.4%). Vs 2023: +4%. After deducting consumption (176 k€), gross margin stands at 1.5 M€, i.e. a rate of 89%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 435 k€, representing 26.7% 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 301 k€, i.e. 18.4% 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

1 631 496 €

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

1 455 021 €

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

435 307 €

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

334 800 €

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

300 589 €

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

26.6%

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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 0%. 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 90%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 23.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

0.001%

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

90.035%

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

23.264%

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

0.0

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

22.5%

Solvency indicators evolution
SOCIETE HOTELIERE DU PAYS VANNETAIS

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.0
Med: 27.86
Q3: 134.48
Excellent

In 2024, the debt ratio of SOCIETE HOTELIERE DU PAYS... (0.00) 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
90.03% 2024
2022
2023
2024
Q1: 2.15%
Med: 30.4%
Q3: 60.1%
Excellent

In 2024, the financial autonomy of SOCIETE HOTELIERE DU PAYS... (90.0%) 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
0.0 years 2024
2022
2023
2024
Q1: -0.07 years
Med: 0.73 years
Q3: 4.74 years
Good

In 2024, the repayment capacity of SOCIETE HOTELIERE DU PAYS... (0.00) 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 618.30. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

618.305

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

0.0

Liquidity indicators evolution
SOCIETE HOTELIERE DU PAYS VANNETAIS

Sector positioning

Liquidity ratio
618.3 2024
2022
2023
2024
Q1: 68.47
Med: 157.0
Q3: 342.55
Excellent

In 2024, the liquidity ratio of SOCIETE HOTELIERE DU PAYS... (618.30) 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
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.5x
Q3: 11.71x
Average

In 2024, the interest coverage of SOCIETE HOTELIERE DU PAYS... (0.0x) 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: 5 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. Excellent situation: suppliers finance 44 days of the operating cycle (retail model). Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 254 days of revenue, i.e. 1.2 M€ to permanently finance. Over 2015-2024, WCR increased by +560%, 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

1 151 135 €

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

5 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

49 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

1 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

254 j

WCR and payment terms evolution
SOCIETE HOTELIERE DU PAYS VANNETAIS

Positioning of SOCIETE HOTELIERE DU PAYS VANNETAIS in its sector

Comparison with sector Hôtels et hébergement similaire

Valuation estimate

Based on 99 transactions of similar company sales in 2024, the value of SOCIETE HOTELIERE DU PAYS VANNETAIS is estimated at 1 551 325 € (range 503 736€ - 2 941 825€). With an EBITDA of 435 307€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.54x (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 2024
99 tx
503k€ 1551k€ 2941k€
1 551 325 € Range: 503 736€ - 2 941 825€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
435 307 € × 4.8x
Estimation 2 078 497 €
485 662€ - 3 579 827€
Revenue Multiple 30%
1 631 496 € × 0.54x
Estimation 886 350 €
440 809€ - 2 031 358€
Net Income Multiple 20%
300 589 € × 4.1x
Estimation 1 230 857 €
643 312€ - 2 712 522€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 99 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 DU PAYS VANNETAIS with other companies in the same sector:

Voir toutes les statistiques du secteur Hôtels et hébergement similaire

Frequently asked questions about SOCIETE HOTELIERE DU PAYS VANNETAIS

What is the revenue of SOCIETE HOTELIERE DU PAYS VANNETAIS ?

The revenue of SOCIETE HOTELIERE DU PAYS VANNETAIS in 2024 is 1.6 M€.

Is SOCIETE HOTELIERE DU PAYS VANNETAIS profitable?

Yes, SOCIETE HOTELIERE DU PAYS VANNETAIS generated a net profit of 301 k€ in 2024.

Where is the headquarters of SOCIETE HOTELIERE DU PAYS VANNETAIS ?

The headquarters of SOCIETE HOTELIERE DU PAYS VANNETAIS is located in VANNES (56000), in the department Morbihan.

Where to find the tax return of SOCIETE HOTELIERE DU PAYS VANNETAIS ?

The tax return of SOCIETE HOTELIERE DU PAYS VANNETAIS 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 DU PAYS VANNETAIS operate?

SOCIETE HOTELIERE DU PAYS VANNETAIS 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.