SIREN : 844955138
TURF LAB is a French company founded 7 years ago, specialized in the sector Activités spécialisées, scientifiques et techniques diverses. Based in WINNEZEELE (59670), this company of category PME shows in 2023 a revenue of 174 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 | 2023 | 2022 | 2020 | 2019 |
|---|---|---|---|---|
| Revenue | 174 187 € | 143 372 € | 82 703 € | 58 442 € |
| Net income | -11 894 € | -15 819 € | 8 697 € | -3 037 € |
| EBITDA | 36 067 € | 6 330 € | 19 291 € | 4 462 € |
| Net margin | -6.8% | -11.0% | 10.5% | -5.2% |
In 2023, TURF LAB achieves revenue of 174 k€. Over the period 2019-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +31.4%. Vs 2022, growth of +21% (143 k€ -> 174 k€). After deducting consumption (0 €), gross margin stands at 174 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 36 k€, representing 20.7% of revenue. Positive scissor effect: EBITDA margin improves by +16.3 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -12 k€ (-6.8% of revenue), which will impact equity.
174 187 €
174 187 €
36 067 €
-6 411 €
-11 894 €
20.7%
The debt ratio (= Financial debt / Equity x 100) stands at -423%. 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 -8%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
-422.915%
-7.707%
-6.828%
-8.028
In 2023, the debt ratio of TURF LAB (-422.92) 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.
In 2023, the financial autonomy of TURF LAB (-7.7%) 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 2023, the repayment capacity of TURF LAB (-8.03) 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 81.06. 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 15.2x. Operating income very largely covers interest expenses: high safety margin.
81.056
15.202
In 2023, the liquidity ratio of TURF LAB (81.06) 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.
In 2023, the interest coverage of TURF LAB (15.2x) 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: 174 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 3583 days. Excellent situation: suppliers finance 3409 days of the operating cycle (retail model). Overall, WCR represents 469 days of revenue, i.e. 227 k€ to permanently finance. Over 2019-2023, WCR increased by +1639%, requiring additional financing.
227 041 €
174 j
3583 j
0 j
469 j
Based on 98 transactions of similar company sales
(all years),
the value of TURF LAB is estimated at
101 833 €
(range 27 254€ - 168 193€).
With an EBITDA of 36 067€, the sector multiple of 3.5x is applied.
The price/revenue ratio is 0.36x
(conservative valuation).
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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 98 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 TURF LAB with other companies in the same sector:
Voir toutes les statistiques du secteur Activités spécialisées, scientifiques et techniques diverses
The revenue of TURF LAB in 2023 is 174 k€.
TURF LAB recorded a net loss in 2023.
The headquarters of TURF LAB is located in WINNEZEELE (59670), in the department Nord.
The tax return of TURF LAB 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).
TURF LAB operates in the sector Activités spécialisées, scientifiques et techniques diverses (NAF code 74.90B). See the 'Sector positioning' section above to compare the company with its competitors.