TENNIS CLUB FOREST HILL VERSAILLES : revenue, balance sheet and financial ratios

TENNIS CLUB FOREST HILL VERSAILLES is a French company founded 37 years ago, specialized in the sector Autres activités récréatives et de loisirs. Based in MEUDON (92360), this company of category ETI shows in 2021 a revenue of 235 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

Financial history - TENNIS CLUB FOREST HILL VERSAILLES (SIREN 347673725)
Indicator 2021 2020 2018 2017
Revenue 235 043 € 249 124 € 499 234 € 569 468 €
Net income -137 828 € -400 718 € -321 826 € -260 122 €
EBITDA -75 839 € -282 078 € -244 677 € -194 335 €
Net margin -58.6% -160.9% -64.5% -45.7%

Revenue and income statement

In 2021, TENNIS CLUB FOREST HILL VERSAILLES achieves revenue of 235 k€. Revenue is declining over the period 2017-2021 (CAGR: -19.8%). Slight decline of -6% vs 2020. After deducting consumption (1 k€), gross margin stands at 234 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -76 k€, representing -32.3% of revenue. Positive scissor effect: EBITDA margin improves by +81.0 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -138 k€ (-58.6% of revenue), which will impact equity.

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

235 043 €

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

233 709 €

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

-75 839 €

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

-160 641 €

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

-137 828 €

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

-16.2%

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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%. 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 -5%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-50.302%

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

-4.793%

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

-19.371%

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

-0.883

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

25.4%

Solvency indicators evolution
TENNIS CLUB FOREST HILL VERSAILLES

Sector positioning

Debt ratio
-50.3 2021
2018
2020
2021
Q1: 0.0
Med: 24.94
Q3: 130.84
Excellent

In 2021, the debt ratio of TENNIS CLUB FOREST HILL V... (-50.30) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-4.79% 2021
2018
2020
2021
Q1: 1.41%
Med: 27.56%
Q3: 58.6%
Average

In 2021, the financial autonomy of TENNIS CLUB FOREST HILL V... (-4.8%) 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
-0.88 years 2021
2018
2020
2021
Q1: 0.0 years
Med: 0.11 years
Q3: 2.13 years
Excellent

In 2021, the repayment capacity of TENNIS CLUB FOREST HILL V... (-0.88) 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 97.47. 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

97.473

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

-0.336

Liquidity indicators evolution
TENNIS CLUB FOREST HILL VERSAILLES

Sector positioning

Liquidity ratio
97.47 2021
2018
2020
2021
Q1: 95.38
Med: 193.18
Q3: 423.61
Average -9 pts over 3 years

In 2021, the liquidity ratio of TENNIS CLUB FOREST HILL V... (97.47) 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
-0.34x 2021
2018
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 1.87x
Average

In 2021, the interest coverage of TENNIS CLUB FOREST HILL V... (-0.3x) 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: 253 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 2496 days. Excellent situation: suppliers finance 2243 days of the operating cycle (retail model). Inventory turnover is 4 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 4187 days of revenue, i.e. 2.7 M€ to permanently finance. Over 2017-2021, WCR increased by +66%, requiring additional financing.

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

2 733 731 €

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

253 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

2496 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

4 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

4187 j

WCR and payment terms evolution
TENNIS CLUB FOREST HILL VERSAILLES

Positioning of TENNIS CLUB FOREST HILL VERSAILLES in its sector

Comparison with sector Autres activités récréatives et de loisirs

Valuation estimate

Based on 114 transactions of similar company sales (all years), the value of TENNIS CLUB FOREST HILL VERSAILLES is estimated at 169 552 € (range 78 179€ - 322 140€). 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.

Estimated enterprise value 2021
114 transactions
78k€ 169k€ 322k€
169 552 € Range: 78 179€ - 322 140€
NAF 5 all-time

Valuation method used

Revenue Multiple
235 043 € × 0.72x = 169 552 €
Range: 78 180€ - 322 141€

Only this financial indicator is available for this company.

How is this estimate calculated?

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.

  • 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 activités récréatives et de loisirs)

Compare TENNIS CLUB FOREST HILL VERSAILLES with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités récréatives et de loisirs

Frequently asked questions about TENNIS CLUB FOREST HILL VERSAILLES

What is the revenue of TENNIS CLUB FOREST HILL VERSAILLES ?

The revenue of TENNIS CLUB FOREST HILL VERSAILLES in 2021 is 235 k€.

Is TENNIS CLUB FOREST HILL VERSAILLES profitable?

TENNIS CLUB FOREST HILL VERSAILLES recorded a net loss in 2021.

Where is the headquarters of TENNIS CLUB FOREST HILL VERSAILLES ?

The headquarters of TENNIS CLUB FOREST HILL VERSAILLES is located in MEUDON (92360), in the department Hauts-de-Seine.

Where to find the tax return of TENNIS CLUB FOREST HILL VERSAILLES ?

The tax return of TENNIS CLUB FOREST HILL VERSAILLES 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 TENNIS CLUB FOREST HILL VERSAILLES operate?

TENNIS CLUB FOREST HILL VERSAILLES 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.