SOCIETE PUBLIQUE LOCALE ALPEXPO : revenue, balance sheet and financial ratios

SOCIETE PUBLIQUE LOCALE ALPEXPO is a French company founded 27 years ago, specialized in the sector Organisation de foires, salons professionnels et congrès. Based in GRENOBLE (38100), this company of category ETI shows in 2023 a revenue of 4.9 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 PUBLIQUE LOCALE ALPEXPO (SIREN 423367804)
Indicator 2023 2022 2021 2020 2019 2017 2016
Revenue 4 873 657 € 7 845 920 € 3 890 518 € 1 164 528 € 4 832 641 € 5 905 488 € 9 248 478 €
Net income -628 045 € 375 289 € -679 077 € -2 443 516 € -1 380 312 € 1 515 071 € 1 261 359 €
EBITDA -1 267 012 € 527 663 € -519 387 € -1 960 439 € -879 372 € -289 898 € 1 729 778 €
Net margin -12.9% 4.8% -17.5% -209.8% -28.6% 25.7% 13.6%

Revenue and income statement

In 2023, SOCIETE PUBLIQUE LOCALE ALPEXPO achieves revenue of 4.9 M€. Revenue is declining over the period 2016-2023 (CAGR: -8.7%). Significant drop of -38% vs 2022. After deducting consumption (108 k€), gross margin stands at 4.8 M€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.3 M€, representing -26.0% of revenue. Warning negative scissor effect: despite revenue change (-38%), EBITDA varies by -340%, reducing margin by 32.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -628 k€ (-12.9% of revenue), which will impact equity.

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

4 873 657 €

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

4 765 526 €

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

-1 267 012 €

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

-1 412 108 €

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

-628 045 €

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

-26.0%

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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 507%. 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 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

506.832%

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

7.75%

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

-14.248%

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

-4.159

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

8.1%

Solvency indicators evolution
SOCIETE PUBLIQUE LOCALE ALPEXPO

Sector positioning

Debt ratio
506.83 2023
2021
2022
2023
Q1: 0.0
Med: 9.47
Q3: 58.17
Watch +51 pts over 3 years

In 2023, the debt ratio of SOCIETE PUBLIQUE LOCALE A... (506.83) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
7.75% 2023
2021
2022
2023
Q1: 3.23%
Med: 27.54%
Q3: 53.65%
Average

In 2023, the financial autonomy of SOCIETE PUBLIQUE LOCALE A... (7.8%) 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
-4.16 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.12 years
Excellent

In 2023, the repayment capacity of SOCIETE PUBLIQUE LOCALE A... (-4.16) 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 192.00. 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

191.996

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

-2.679

Liquidity indicators evolution
SOCIETE PUBLIQUE LOCALE ALPEXPO

Sector positioning

Liquidity ratio
192.0 2023
2021
2022
2023
Q1: 127.58
Med: 205.26
Q3: 416.19
Average

In 2023, the liquidity ratio of SOCIETE PUBLIQUE LOCALE A... (192.00) 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
-2.68x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.23x
Average

In 2023, the interest coverage of SOCIETE PUBLIQUE LOCALE A... (-2.7x) 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: 64 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 127 days. Excellent situation: suppliers finance 63 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. WCR is negative (-20 days): operations structurally generate cash. Notable WCR improvement over the period (-195%), freeing up cash.

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

-266 589 €

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

64 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

127 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

1 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

-20 j

WCR and payment terms evolution
SOCIETE PUBLIQUE LOCALE ALPEXPO

Positioning of SOCIETE PUBLIQUE LOCALE ALPEXPO in its sector

Comparison with sector Organisation de foires, salons professionnels et congrès

Valuation estimate

Based on 63 transactions of similar company sales (all years), the value of SOCIETE PUBLIQUE LOCALE ALPEXPO is estimated at 3 316 012 € (range 1 264 000€ - 6 164 842€). The price/revenue ratio is 0.68x (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
63 tx
1264k€ 3316k€ 6164k€
3 316 012 € Range: 1 264 000€ - 6 164 842€
NAF 5 all-time

Valuation method used

Revenue Multiple
4 873 657 € × 0.68x = 3 316 013 €
Range: 1 264 001€ - 6 164 843€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 63 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 (Organisation de foires, salons professionnels et congrès)

Compare SOCIETE PUBLIQUE LOCALE ALPEXPO with other companies in the same sector:

Voir toutes les statistiques du secteur Organisation de foires, salons professionnels et congrès

Frequently asked questions about SOCIETE PUBLIQUE LOCALE ALPEXPO

What is the revenue of SOCIETE PUBLIQUE LOCALE ALPEXPO ?

The revenue of SOCIETE PUBLIQUE LOCALE ALPEXPO in 2023 is 4.9 M€.

Is SOCIETE PUBLIQUE LOCALE ALPEXPO profitable?

SOCIETE PUBLIQUE LOCALE ALPEXPO recorded a net loss in 2023.

Where is the headquarters of SOCIETE PUBLIQUE LOCALE ALPEXPO ?

The headquarters of SOCIETE PUBLIQUE LOCALE ALPEXPO is located in GRENOBLE (38100), in the department Isere.

Where to find the tax return of SOCIETE PUBLIQUE LOCALE ALPEXPO ?

The tax return of SOCIETE PUBLIQUE LOCALE ALPEXPO 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 PUBLIQUE LOCALE ALPEXPO operate?

SOCIETE PUBLIQUE LOCALE ALPEXPO operates in the sector Organisation de foires, salons professionnels et congrès (NAF code 82.30Z). See the 'Sector positioning' section above to compare the company with its competitors.