THOR 54 RUE DE RENNES SNC : revenue, balance sheet and financial ratios

THOR 54 RUE DE RENNES SNC is a French company founded 8 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in PARIS (75016), this company of category PME shows in 2023 a revenue of 321 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - THOR 54 RUE DE RENNES SNC (SIREN 829738699)
Indicator 2023 2022 2021 2020 2019 2018 2017
Revenue 321 018 € 329 606 € 281 897 € 283 326 € 374 707 € 178 251 € 30 083 €
Net income -995 820 € 17 503 € -185 084 € -170 268 € -19 236 € -328 268 € -438 157 €
EBITDA -237 415 € 298 531 € 124 713 € 198 975 € 310 153 € 17 064 € -240 227 €
Net margin -310.2% 5.3% -65.7% -60.1% -5.1% -184.2% -1456.5%

Revenue and income statement

In 2023, THOR 54 RUE DE RENNES SNC achieves revenue of 321 k€. Over the period 2017-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +48.4%. Slight decline of -3% vs 2022. After deducting consumption (0 €), gross margin stands at 321 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 -237 k€, representing -74.0% of revenue. Warning negative scissor effect: despite revenue change (-3%), EBITDA varies by -180%, reducing margin by 164.5 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -996 k€ (-310.2% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

321 018 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

321 018 €

EBITDA (2023) ?
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

-237 415 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-431 748 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-995 820 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-74.0%

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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 -718%. 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 -15%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-717.79%

Financial autonomy (2023) ?
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

-14.983%

Cash flow / Revenue (2023) ?
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

-249.671%

Repayment capacity (2023) ?
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

-15.404

Asset age ratio (2023) ?
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

98.3%

Solvency indicators evolution
THOR 54 RUE DE RENNES SNC

Sector positioning

Debt ratio
-717.79 2023
2021
2022
2023
Q1: -25.79
Med: 7.7
Q3: 166.03
Excellent

In 2023, the debt ratio of THOR 54 RUE DE RENNES SNC (-717.79) 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
-14.98% 2023
2021
2022
2023
Q1: 0.43%
Med: 30.83%
Q3: 76.17%
Average

In 2023, the financial autonomy of THOR 54 RUE DE RENNES SNC (-15.0%) 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
-15.4 years 2023
2021
2022
2023
Q1: -0.3 years
Med: 0.44 years
Q3: 10.35 years
Excellent

In 2023, the repayment capacity of THOR 54 RUE DE RENNES SNC (-15.40) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 43.63. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

43.631

Interest coverage (2023) ?
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

-115.991

Liquidity indicators evolution
THOR 54 RUE DE RENNES SNC

Sector positioning

Liquidity ratio
43.63 2023
2021
2022
2023
Q1: 95.03
Med: 298.23
Q3: 1220.9
Watch -52 pts over 3 years

In 2023, the liquidity ratio of THOR 54 RUE DE RENNES SNC (43.63) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-115.99x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 16.99x
Average -50 pts over 3 years

In 2023, the interest coverage of THOR 54 RUE DE RENNES SNC (-116.0x) 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: 100 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 113 days. Favorable situation: supplier credit is longer than customer credit by 13 days. WCR is negative (-633 days): operations structurally generate cash. Notable WCR improvement over the period (-105%), freeing up cash.

Operating WCR (2023) ?
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

-564 754 €

Customer credit (2023) ?
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

100 j

Supplier credit (2023) ?
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

113 j

Inventory turnover (2023) ?
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 (2023) ?
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

-633 j

WCR and payment terms evolution
THOR 54 RUE DE RENNES SNC

Positioning of THOR 54 RUE DE RENNES SNC in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 215 transactions of similar company sales in 2023, the value of THOR 54 RUE DE RENNES SNC is estimated at 163 917 € (range 74 638€ - 374 994€). The price/revenue ratio is 0.51x (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 2023
215 transactions
74k€ 163k€ 374k€
163 917 € Range: 74 638€ - 374 994€
NAF 5 année 2023

Valuation method used

Revenue Multiple
321 018 € × 0.51x = 163 917 €
Range: 74 639€ - 374 995€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 215 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 (Location de terrains et d'autres biens immobiliers)

Compare THOR 54 RUE DE RENNES SNC with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about THOR 54 RUE DE RENNES SNC

What is the revenue of THOR 54 RUE DE RENNES SNC ?

The revenue of THOR 54 RUE DE RENNES SNC in 2023 is 321 k€.

Is THOR 54 RUE DE RENNES SNC profitable?

THOR 54 RUE DE RENNES SNC recorded a net loss in 2023.

Where is the headquarters of THOR 54 RUE DE RENNES SNC ?

The headquarters of THOR 54 RUE DE RENNES SNC is located in PARIS (75016), in the department Paris.

Where to find the tax return of THOR 54 RUE DE RENNES SNC ?

The tax return of THOR 54 RUE DE RENNES SNC 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 THOR 54 RUE DE RENNES SNC operate?

THOR 54 RUE DE RENNES SNC operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.