SIREN : 902383041
THERMES DE ROYAT is a French company founded 4 years ago, specialized in the sector Entretien corporel. Based in AIX-LES-BAINS (73100), this company of category ETI shows in 2024 a revenue of 8.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Revenue | 8 435 018 € | 8 618 764 € | 7 125 522 € | N/C |
| Net income | 702 948 € | 433 452 € | -120 440 € | -401 € |
| EBITDA | 1 268 149 € | 1 220 797 € | 111 263 € | -401 € |
| Net margin | 8.3% | 5.0% | -1.7% | N/C |
In 2024, THERMES DE ROYAT achieves revenue of 8.4 M€. Over the period 2022-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.8%. Slight decline of -2% vs 2023. After deducting consumption (123 k€), gross margin stands at 8.3 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.3 M€, representing 15.0% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 703 k€, i.e. 8.3% of revenue. This profit can be retained or distributed to shareholders.
8 435 018 €
8 312 150 €
1 268 149 €
818 935 €
702 948 €
15.0%
The debt ratio (= Financial debt / Equity x 100) stands at 26%. 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 30%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
25.958%
30.178%
9.283%
0.34
57.3%
In 2024, the debt ratio of THERMES DE ROYAT (25.96) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of THERMES DE ROYAT (30.2%) 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.
In 2024, the repayment capacity of THERMES DE ROYAT (0.34) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 226.96. 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 0.6x. Danger: operating income does not cover interest charges, unsustainable situation.
226.959
0.642
In 2024, the liquidity ratio of THERMES DE ROYAT (226.96) 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.
In 2024, the interest coverage of THERMES DE ROYAT (0.6x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 4 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. Excellent situation: suppliers finance 59 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 72 days of revenue, i.e. 1.7 M€ to permanently finance.
1 686 835 €
4 j
63 j
4 j
72 j
Based on 77 transactions of similar company sales
(all years),
the value of THERMES DE ROYAT is estimated at
5 453 108 €
(range 2 924 736€ - 11 267 535€).
With an EBITDA of 1 268 149€, the sector multiple of 5.4x is applied.
The price/revenue ratio is 0.53x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
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This estimate is based on the analysis of 77 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare THERMES DE ROYAT with other companies in the same sector:
The revenue of THERMES DE ROYAT in 2024 is 8.4 M€.
Yes, THERMES DE ROYAT generated a net profit of 703 k€ in 2024.
The headquarters of THERMES DE ROYAT is located in AIX-LES-BAINS (73100), in the department Savoie.
The tax return of THERMES DE ROYAT 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).
THERMES DE ROYAT operates in the sector Entretien corporel (NAF code 96.04Z). See the 'Sector positioning' section above to compare the company with its competitors.