STE NOUVELLE DU PALAIS DES GLACES : revenue, balance sheet and financial ratios

STE NOUVELLE DU PALAIS DES GLACES is a French company founded 41 years ago, specialized in the sector Restauration traditionnelle. Based in CANNES (06400), this company of category PME shows in 2021 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 - STE NOUVELLE DU PALAIS DES GLACES (SIREN 330023359)
Indicator 2021 2020 2019 2017 2016
Revenue 1 102 067 € 758 454 € 1 576 948 € 1 423 108 € 1 351 555 €
Net income 274 521 € 5 216 € 54 420 € 58 371 € 29 246 €
EBITDA 170 006 € -26 550 € 73 097 € 83 925 € 44 643 €
Net margin 24.9% 0.7% 3.5% 4.1% 2.2%

Revenue and income statement

In 2021, STE NOUVELLE DU PALAIS DES GLACES achieves revenue of 1.1 M€. Activity remains stable over the period (CAGR: -4.0%). Vs 2020, growth of +45% (758 k€ -> 1.1 M€). After deducting consumption (345 k€), gross margin stands at 757 k€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 170 k€, representing 15.4% of revenue. Positive scissor effect: EBITDA margin improves by +18.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 275 k€, i.e. 24.9% 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

1 102 067 €

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

756 775 €

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

170 006 €

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

302 294 €

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

274 521 €

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

13.7%

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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 11%. 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 76%. 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 1.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.4% 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

11.174%

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

75.869%

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

11.399%

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

0.958

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

49.6%

Solvency indicators evolution
STE NOUVELLE DU PALAIS DES GLACES

Sector positioning

Debt ratio
11.17 2021
2019
2020
2021
Q1: 1.38
Med: 53.42
Q3: 168.44
Good

In 2021, the debt ratio of STE NOUVELLE DU PALAIS DE... (11.17) 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
75.87% 2021
2019
2020
2021
Q1: 9.07%
Med: 32.0%
Q3: 55.27%
Excellent

In 2021, the financial autonomy of STE NOUVELLE DU PALAIS DE... (75.9%) 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
0.96 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.73 years
Q3: 3.07 years
Average -11 pts over 3 years

In 2021, the repayment capacity of STE NOUVELLE DU PALAIS DE... (0.96) 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 482.71. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

482.706

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

0.0

Liquidity indicators evolution
STE NOUVELLE DU PALAIS DES GLACES

Sector positioning

Liquidity ratio
482.71 2021
2019
2020
2021
Q1: 86.42
Med: 176.93
Q3: 313.83
Excellent

In 2021, the liquidity ratio of STE NOUVELLE DU PALAIS DE... (482.71) 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 2021
2019
2020
2021
Q1: 0.0x
Med: 0.46x
Q3: 3.34x
Average

In 2021, the interest coverage of STE NOUVELLE DU PALAIS DE... (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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 27 days. Favorable situation: supplier credit is longer than customer credit by 27 days. Inventory turnover is 19 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-39 days): operations structurally generate cash. Notable WCR improvement over the period (-691%), 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

-118 527 €

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

0 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

27 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

19 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

-39 j

WCR and payment terms evolution
STE NOUVELLE DU PALAIS DES GLACES

Positioning of STE NOUVELLE DU PALAIS DES GLACES in its sector

Comparison with sector Restauration traditionnelle

Valuation estimate

Based on 663 transactions of similar company sales in 2021, the value of STE NOUVELLE DU PALAIS DES GLACES is estimated at 1 160 733 € (range 653 734€ - 2 118 358€). With an EBITDA of 170 006€, the sector multiple of 5.7x is applied. The price/revenue ratio is 0.87x (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.

Estimated enterprise value 2021
663 transactions
653k€ 1160k€ 2118k€
1 160 733 € Range: 653 734€ - 2 118 358€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
170 006 € × 5.7x
Estimation 967 455 €
557 261€ - 1 805 395€
Revenue Multiple 30%
1 102 067 € × 0.87x
Estimation 955 184 €
623 890€ - 1 577 711€
Net Income Multiple 20%
274 521 € × 7.1x
Estimation 1 952 257 €
939 685€ - 3 711 737€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 663 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 (Restauration traditionnelle)

Compare STE NOUVELLE DU PALAIS DES GLACES with other companies in the same sector:

Voir toutes les statistiques du secteur Restauration traditionnelle

Frequently asked questions about STE NOUVELLE DU PALAIS DES GLACES

What is the revenue of STE NOUVELLE DU PALAIS DES GLACES ?

The revenue of STE NOUVELLE DU PALAIS DES GLACES in 2021 is 1.1 M€.

Is STE NOUVELLE DU PALAIS DES GLACES profitable?

Yes, STE NOUVELLE DU PALAIS DES GLACES generated a net profit of 275 k€ in 2021.

Where is the headquarters of STE NOUVELLE DU PALAIS DES GLACES ?

The headquarters of STE NOUVELLE DU PALAIS DES GLACES is located in CANNES (06400), in the department Alpes-Maritimes.

Where to find the tax return of STE NOUVELLE DU PALAIS DES GLACES ?

The tax return of STE NOUVELLE DU PALAIS DES GLACES 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 STE NOUVELLE DU PALAIS DES GLACES operate?

STE NOUVELLE DU PALAIS DES GLACES operates in the sector Restauration traditionnelle (NAF code 56.10A). See the 'Sector positioning' section above to compare the company with its competitors.