THE BLUEWATER LAKE COMPAGNY : revenue, balance sheet and financial ratios

THE BLUEWATER LAKE COMPAGNY is a French company founded 7 years ago, specialized in the sector Autres activités récréatives et de loisirs. Based in VILLECHETIF (10410), this company of category PME shows in 2022 a revenue of 27 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 - THE BLUEWATER LAKE COMPAGNY (SIREN 840281471)
Indicator 2022 2021 2020 2019
Revenue 27 000 € 4 500 € 18 000 € 47 292 €
Net income 60 € -47 € -27 € -9 453 €
EBITDA -4 523 € -36 508 € -27 208 € -14 313 €
Net margin 0.2% -1.0% -0.1% -20.0%

Revenue and income statement

In 2022, THE BLUEWATER LAKE COMPAGNY achieves revenue of 27 k€. Revenue is declining over the period 2019-2022 (CAGR: -17.0%). Vs 2021, growth of +500% (4 k€ -> 27 k€). After deducting consumption (756 €), gross margin stands at 26 k€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -5 k€, representing -16.8% of revenue. Positive scissor effect: EBITDA margin improves by +794.5 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 60 €, i.e. 0.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

27 000 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

26 244 €

EBITDA (2022) ?
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

-4 523 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-15 267 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

60 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-16.8%

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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 1309%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 7%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 10.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 50.7% 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 (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

1308.515%

Financial autonomy (2022) ?
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

6.629%

Cash flow / Revenue (2022) ?
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

50.67%

Repayment capacity (2022) ?
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

10.075

Asset age ratio (2022) ?
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

59.7%

Solvency indicators evolution
THE BLUEWATER LAKE COMPAGNY

Sector positioning

Debt ratio
1308.52 2022
2020
2021
2022
Q1: 0.0
Med: 23.39
Q3: 112.96
Watch

In 2022, the debt ratio of THE BLUEWATER LAKE COMPAGNY (1308.52) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
6.63% 2022
2020
2021
2022
Q1: 2.19%
Med: 28.72%
Q3: 58.92%
Average

In 2022, the financial autonomy of THE BLUEWATER LAKE COMPAGNY (6.6%) 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
10.07 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.03 years
Q3: 2.05 years
Watch

In 2022, the repayment capacity of THE BLUEWATER LAKE COMPAGNY (10.07) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 185.88. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

185.885

Interest coverage (2022) ?
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

-2.145

Liquidity indicators evolution
THE BLUEWATER LAKE COMPAGNY

Sector positioning

Liquidity ratio
185.88 2022
2020
2021
2022
Q1: 91.36
Med: 176.87
Q3: 365.72
Good +9 pts over 3 years

In 2022, the liquidity ratio of THE BLUEWATER LAKE COMPAGNY (185.88) 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
-2.15x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.0x
Q3: 2.3x
Average

In 2022, the interest coverage of THE BLUEWATER LAKE COMPAGNY (-2.1x) 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: 50 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 102 days. Excellent situation: suppliers finance 52 days of the operating cycle (retail model). Overall, WCR represents 214 days of revenue, i.e. 16 k€ to permanently finance. Over 2019-2022, WCR increased by +294%, requiring additional financing.

Operating WCR (2022) ?
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

16 079 €

Customer credit (2022) ?
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

50 j

Supplier credit (2022) ?
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

102 j

Inventory turnover (2022) ?
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 (2022) ?
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

214 j

WCR and payment terms evolution
THE BLUEWATER LAKE COMPAGNY

Positioning of THE BLUEWATER LAKE COMPAGNY 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 THE BLUEWATER LAKE COMPAGNY is estimated at 11 871 € (range 5 496€ - 22 560€). 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 2022
114 transactions
5k€ 11k€ 22k€
11 871 € Range: 5 496€ - 22 560€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
27 000 € × 0.72x
Estimation 19 477 €
8 981€ - 37 005€
Net Income Multiple 20%
60 € × 7.7x
Estimation 464 €
271€ - 893€
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 THE BLUEWATER LAKE COMPAGNY with other companies in the same sector:

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

Frequently asked questions about THE BLUEWATER LAKE COMPAGNY

What is the revenue of THE BLUEWATER LAKE COMPAGNY ?

The revenue of THE BLUEWATER LAKE COMPAGNY in 2022 is 27 k€.

Is THE BLUEWATER LAKE COMPAGNY profitable?

Yes, THE BLUEWATER LAKE COMPAGNY generated a net profit of 60€ in 2022.

Where is the headquarters of THE BLUEWATER LAKE COMPAGNY ?

The headquarters of THE BLUEWATER LAKE COMPAGNY is located in VILLECHETIF (10410), in the department Aube.

Where to find the tax return of THE BLUEWATER LAKE COMPAGNY ?

The tax return of THE BLUEWATER LAKE COMPAGNY 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 THE BLUEWATER LAKE COMPAGNY operate?

THE BLUEWATER LAKE COMPAGNY 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.