SIREN : 498404409
SPIRIT AZUR is a French company founded 19 years ago, specialized in the sector Autres activités récréatives et de loisirs. Based in THEOULE-SUR-MER (06590), this company of category PME shows in 2023 a revenue of 706 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
| Indicator | 2023 | 2021 | 2020 | 2019 |
|---|---|---|---|---|
| Revenue | 705 759 € | 306 555 € | 42 635 € | 422 224 € |
| Net income | 189 483 € | 85 829 € | 29 102 € | 99 005 € |
| EBITDA | 191 947 € | 86 745 € | 29 787 € | 100 519 € |
| Net margin | 26.8% | 28.0% | 68.3% | 23.4% |
In 2023, SPIRIT AZUR achieves revenue of 706 k€. Over the period 2019-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +13.7%. Vs 2021, growth of +130% (307 k€ -> 706 k€). After deducting consumption (0 €), gross margin stands at 706 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 192 k€, representing 27.2% 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 189 k€, i.e. 26.8% of revenue. This profit can be retained or distributed to shareholders.
705 759 €
705 759 €
191 947 €
189 708 €
189 483 €
27.2%
The debt ratio (= Financial debt / Equity x 100) stands at 78%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 50%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 26.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
77.841%
50.3%
26.184%
0.821
40.1%
In 2023, the debt ratio of SPIRIT AZUR (77.84) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of SPIRIT AZUR (50.3%) 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.
In 2023, the repayment capacity of SPIRIT AZUR (0.82) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 2971.06. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
2971.061
0.0
In 2023, the liquidity ratio of SPIRIT AZUR (2971.06) 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.
In 2023, the interest coverage of SPIRIT AZUR (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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 2 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 7 days. Favorable situation: supplier credit is longer than customer credit by 5 days. Overall, WCR represents 5 days of revenue, i.e. 10 k€ to permanently finance. Notable WCR improvement over the period (-71%), freeing up cash.
9 605 €
2 j
7 j
0 j
5 j
Based on 114 transactions of similar company sales (all years), the value of SPIRIT AZUR is estimated at 935 194 € (range 524 566€ - 1 618 993€). With an EBITDA of 191 947€, the sector multiple of 5.1x is applied. The price/revenue ratio is 0.72x (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.
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This estimate is based on the analysis of 114 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare SPIRIT AZUR with other companies in the same sector:
Voir toutes les statistiques du secteur Autres activités récréatives et de loisirs
The revenue of SPIRIT AZUR in 2023 is 706 k€.
Yes, SPIRIT AZUR generated a net profit of 189 k€ in 2023.
The headquarters of SPIRIT AZUR is located in THEOULE-SUR-MER (06590), in the department Alpes-Maritimes.
The tax return of SPIRIT AZUR 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).
SPIRIT AZUR operates in the sector Autres activités récréatives et de loisirs (NAF code 93.29Z). See the 'Sector positioning' section above to compare the company with its competitors.