SIREN : 380664557
THISTLE is a French company founded 35 years ago, specialized in the sector Hébergement touristique et autre hébergement de courte durée . Based in SAINT MARTIN (97150), this company of category PME shows in 2017 a revenue of 65 k€. 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 | 2017 | 2016 |
|---|---|---|
| Revenue | 65 250 € | 66 590 € |
| Net income | 1 241 € | -13 159 € |
| EBITDA | 8 399 € | -12 834 € |
| Net margin | 1.9% | -19.8% |
In 2017, THISTLE achieves revenue of 65 k€. Slight decline of -2% vs 2016. After deducting consumption (0 €), gross margin stands at 65 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 8 k€, representing 12.9% of revenue. Positive scissor effect: EBITDA margin improves by +32.1 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 1 k€, i.e. 1.9% of revenue. This profit can be retained or distributed to shareholders.
65 250 €
65 250 €
8 399 €
-24 776 €
1 241 €
12.9%
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 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
10.745%
9.524%
-27.001%
-0.4
4.3%
In 2017, the debt ratio of THISTLE (10.74) 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 2017, the financial autonomy of THISTLE (9.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2017, the repayment capacity of THISTLE (-0.40) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 1878.32. 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 309.8x. Operating income very largely covers interest expenses: high safety margin.
1878.319
309.763
In 2017, the liquidity ratio of THISTLE (1878.32) 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.
In 2017, the interest coverage of THISTLE (309.8x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
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: 2 days. Favorable situation: supplier credit is longer than customer credit by 2 days. WCR is negative (-7 days): operations structurally generate cash.
-1 356 €
0 j
2 j
0 j
-7 j
Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 19 125€ to 54 303€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 22 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 THISTLE with other companies in the same sector:
Voir toutes les statistiques du secteur Hébergement touristique et autre hébergement de courte durée
The revenue of THISTLE in 2017 is 65 k€.
Yes, THISTLE generated a net profit of 1 k€ in 2017.
The headquarters of THISTLE is located in SAINT MARTIN (97150), in the department Guadeloupe.
The tax return of THISTLE 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).
THISTLE operates in the sector Hébergement touristique et autre hébergement de courte durée (NAF code 55.20Z). See the 'Sector positioning' section above to compare the company with its competitors.