S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT : revenue, balance sheet and financial ratios

S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT is a French company founded 25 years ago, specialized in the sector Activités des agences de voyage. Based in CLICHY (92110), this company of category PME shows in 2021 a revenue of 2.8 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 - S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT (SIREN 434015616)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 2 768 844 € 7 856 677 € 22 742 337 € 21 725 798 € 21 417 779 € 22 616 139 €
Net income 839 398 € 202 514 € 520 148 € 454 109 € 518 631 € 522 845 €
EBITDA 346 424 € 62 414 € 837 403 € 679 061 € 834 033 € 968 194 €
Net margin 30.3% 2.6% 2.3% 2.1% 2.4% 2.3%

Revenue and income statement

In 2021, S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT achieves revenue of 2.8 M€. Revenue is declining over the period 2016-2021 (CAGR: -34.3%). Significant drop of -65% vs 2020. After deducting consumption (0 €), gross margin stands at 2.8 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 346 k€, representing 12.5% of revenue. Positive scissor effect: EBITDA margin improves by +11.7 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 839 k€, i.e. 30.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 768 844 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 768 844 €

EBITDA (2021) ?
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

346 424 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

694 111 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

839 398 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

8.7%

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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 50%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 27%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 11.5% 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 (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

49.719%

Financial autonomy (2021) ?
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

27.047%

Cash flow / Revenue (2021) ?
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

11.471%

Repayment capacity (2021) ?
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

3.51

Asset age ratio (2021) ?
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

94.7%

Solvency indicators evolution
S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT

Sector positioning

Debt ratio
49.72 2021
2019
2020
2021
Q1: 0.0
Med: 17.08
Q3: 74.54
Average +38 pts over 3 years

In 2021, the debt ratio of S.P.V.A. SIMPLEMENT POUR ... (49.72) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
27.05% 2021
2019
2020
2021
Q1: 7.24%
Med: 27.07%
Q3: 46.82%
Good -6 pts over 3 years

In 2021, the financial autonomy of S.P.V.A. SIMPLEMENT POUR ... (27.1%) 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
3.51 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 1.24 years
Average +25 pts over 3 years

In 2021, the repayment capacity of S.P.V.A. SIMPLEMENT POUR ... (3.51) 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 245.63. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2021) ?
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

245.632

Interest coverage (2021) ?
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

0.121

Liquidity indicators evolution
S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT

Sector positioning

Liquidity ratio
245.63 2021
2019
2020
2021
Q1: 118.77
Med: 189.75
Q3: 337.4
Good -15 pts over 3 years

In 2021, the liquidity ratio of S.P.V.A. SIMPLEMENT POUR ... (245.63) 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
0.12x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 0.81x
Good -21 pts over 3 years

In 2021, the interest coverage of S.P.V.A. SIMPLEMENT POUR ... (0.1x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 355 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 10 days. The gap of 345 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-284 days): operations structurally generate cash. Notable WCR improvement over the period (-259%), freeing up cash.

Operating WCR (2021) ?
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

-2 184 590 €

Customer credit (2021) ?
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

355 j

Supplier credit (2021) ?
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

10 j

Inventory turnover (2021) ?
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

0 j

WCR in days of revenue (2021) ?
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

-284 j

WCR and payment terms evolution
S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT

Positioning of S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT in its sector

Comparison with sector Activités des agences de voyage

Valuation estimate

Based on 80 transactions of similar company sales (all years), the value of S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT is estimated at 833 958 € (range 441 611€ - 2 433 854€). With an EBITDA of 346 424€, the sector multiple of 1.6x 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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2021
80 tx
441k€ 833k€ 2433k€
833 958 € Range: 441 611€ - 2 433 854€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
346 424 € × 1.6x
Estimation 562 078 €
221 074€ - 1 590 658€
Revenue Multiple 30%
2 768 844 € × 0.38x
Estimation 1 054 963 €
670 418€ - 1 559 899€
Net Income Multiple 20%
839 398 € × 1.4x
Estimation 1 182 151 €
649 747€ - 5 852 783€
How is this estimate calculated?

This estimate is based on the analysis of 80 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 (Activités des agences de voyage)

Compare S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agences de voyage

Frequently asked questions about S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT

What is the revenue of S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT ?

The revenue of S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT in 2021 is 2.8 M€.

Is S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT profitable?

Yes, S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT generated a net profit of 839 k€ in 2021.

Where is the headquarters of S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT ?

The headquarters of S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT is located in CLICHY (92110), in the department Hauts-de-Seine.

Where to find the tax return of S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT ?

The tax return of S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT 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 S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT operate?

S.P.V.A. SIMPLEMENT POUR VOYAGER AUTREMENT operates in the sector Activités des agences de voyage (NAF code 79.11Z). See the 'Sector positioning' section above to compare the company with its competitors.