SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN : revenue, balance sheet and financial ratios

SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN is a French company founded 8 years ago, specialized in the sector Autres services de réservation et activités connexes. Based in BARNEVILLE-CARTERET (50270), this company of category PME shows in 2024 a revenue of 1.1 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 - SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN (SIREN 832786594)
Indicator 2024 2023 2022 2021 2020 2019 2018
Revenue 1 071 039 € 1 030 862 € 684 330 € 400 835 € 360 965 € 897 652 € 585 585 €
Net income 49 158 € 58 756 € -23 922 € -31 090 € -77 223 € 16 023 € 9 724 €
EBITDA 122 316 € 58 781 € 51 739 € 11 989 € 42 784 € 168 541 € 105 351 €
Net margin 4.6% 5.7% -3.5% -7.8% -21.4% 1.8% 1.7%

Revenue and income statement

In 2024, SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN achieves revenue of 1.1 M€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +10.6%. Vs 2023: +4%. After deducting consumption (576 k€), gross margin stands at 495 k€, i.e. a rate of 46%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 122 k€, representing 11.4% of revenue. Positive scissor effect: EBITDA margin improves by +5.7 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 49 k€, i.e. 4.6% 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

1 071 039 €

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

494 960 €

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

122 316 €

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

-103 576 €

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

49 158 €

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

2.5%

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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 56%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.3% 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

0.023%

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

55.663%

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

2.279%

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

0.003

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

55.1%

Solvency indicators evolution
SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN

Sector positioning

Debt ratio
0.02 2024
2022
2023
2024
Q1: 0.0
Med: 3.11
Q3: 35.73
Good

In 2024, the debt ratio of SPL DE DEVELOPPEMENT TOUR... (0.02) 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
55.66% 2024
2022
2023
2024
Q1: 4.92%
Med: 27.97%
Q3: 55.75%
Good +7 pts over 3 years

In 2024, the financial autonomy of SPL DE DEVELOPPEMENT TOUR... (55.7%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.56 years
Average +25 pts over 3 years

In 2024, the repayment capacity of SPL DE DEVELOPPEMENT TOUR... (0.00) 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 203.20. 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

203.198

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
SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN

Sector positioning

Liquidity ratio
203.2 2024
2022
2023
2024
Q1: 116.88
Med: 188.57
Q3: 339.88
Good

In 2024, the liquidity ratio of SPL DE DEVELOPPEMENT TOUR... (203.20) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.4x
Average

In 2024, the interest coverage of SPL DE DEVELOPPEMENT TOUR... (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: 44 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 23 days. The company must finance 21 days of gap between collections and payments. Inventory turnover is 84 days (= Average inventory / Cost of goods x 360). WCR is negative (-10 days): operations structurally generate cash. Notable WCR improvement over the period (-106%), freeing up cash.

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

-29 807 €

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

44 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

23 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

84 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

-10 j

WCR and payment terms evolution
SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN

Positioning of SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN in its sector

Comparison with sector Autres services de réservation et activités connexes

Valuation estimate

Based on 163 transactions of similar company sales (all years), the value of SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN is estimated at 280 683 € (range 115 442€ - 534 692€). With an EBITDA of 122 316€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.38x (conservative 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
163 transactions
115k€ 280k€ 534k€
280 683 € Range: 115 442€ - 534 692€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
122 316 € × 2.4x
Estimation 288 827 €
91 155€ - 583 241€
Revenue Multiple 30%
1 071 039 € × 0.38x
Estimation 408 079 €
213 559€ - 600 236€
Net Income Multiple 20%
49 158 € × 1.4x
Estimation 69 231 €
28 984€ - 315 005€
How is this estimate calculated?

This estimate is based on the analysis of 163 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 (Autres services de réservation et activités connexes)

Compare SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN with other companies in the same sector:

Voir toutes les statistiques du secteur Autres services de réservation et activités connexes

Frequently asked questions about SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN

What is the revenue of SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN ?

The revenue of SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN in 2024 is 1.1 M€.

Is SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN profitable?

Yes, SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN generated a net profit of 49 k€ in 2024.

Where is the headquarters of SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN ?

The headquarters of SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN is located in BARNEVILLE-CARTERET (50270), in the department Manche.

Where to find the tax return of SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN ?

The tax return of SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN 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 SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN operate?

SPL DE DEVELOPPEMENT TOURISTIQUE DU COTENTIN operates in the sector Autres services de réservation et activités connexes (NAF code 79.90Z). See the 'Sector positioning' section above to compare the company with its competitors.