SIREN : 531193431
VAP MARSEILLE 2 is a French company founded 15 years ago, specialized in the sector Restauration de type rapide. Based in MARSEILLE (13002), this company of category ETI shows in 2018 a revenue of 5.4 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 | 2018 | 2017 | 2016 |
|---|---|---|---|
| Revenue | 5 376 996 € | 4 811 094 € | 5 483 745 € |
| Net income | 765 387 € | 790 829 € | 737 859 € |
| EBITDA | 1 577 846 € | 1 106 353 € | 1 645 097 € |
| Net margin | 14.2% | 16.4% | 13.5% |
In 2018, VAP MARSEILLE 2 achieves revenue of 5.4 M€. Activity remains stable over the period (CAGR: -1.0%). Vs 2017, growth of +12% (4.8 M€ -> 5.4 M€). After deducting consumption (1.1 M€), gross margin stands at 4.2 M€, i.e. a rate of 79%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.6 M€, representing 29.3% of revenue. Positive scissor effect: EBITDA margin improves by +6.3 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 765 k€, i.e. 14.2% of revenue. This profit can be retained or distributed to shareholders.
5 376 996 €
4 228 953 €
1 577 846 €
958 347 €
765 387 €
29.2%
The debt ratio (= Financial debt / Equity x 100) stands at 327%. 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 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 16.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
326.759%
17.363%
16.785%
2.304
59.9%
In 2018, the debt ratio of VAP MARSEILLE 2 (326.76) 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 2018, the financial autonomy of VAP MARSEILLE 2 (17.4%) 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 2018, the repayment capacity of VAP MARSEILLE 2 (2.30) 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 109.52. 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 1.8x. Coverage is limited: any activity downturn would jeopardize interest payments.
109.521
1.829
In 2018, the liquidity ratio of VAP MARSEILLE 2 (109.52) 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 2018, the interest coverage of VAP MARSEILLE 2 (1.8x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 124 days. Excellent situation: suppliers finance 124 days of the operating cycle (retail model). Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 54 days of revenue, i.e. 803 k€ to permanently finance. Over 2016-2018, WCR increased by +676%, requiring additional financing.
803 485 €
0 j
124 j
2 j
54 j
Based on 1098 transactions of similar company sales in 2018, the value of VAP MARSEILLE 2 is estimated at 8 075 299 € (range 4 666 214€ - 12 897 840€). With an EBITDA of 1 577 846€, the sector multiple of 7.0x is applied. The price/revenue ratio is 0.68x (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.
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This estimate is based on the analysis of 1098 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 VAP MARSEILLE 2 with other companies in the same sector:
Voir toutes les statistiques du secteur Restauration de type rapide
The revenue of VAP MARSEILLE 2 in 2018 is 5.4 M€.
Yes, VAP MARSEILLE 2 generated a net profit of 765 k€ in 2018.
The headquarters of VAP MARSEILLE 2 is located in MARSEILLE (13002), in the department Bouches-du-Rhone.
The tax return of VAP MARSEILLE 2 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).
VAP MARSEILLE 2 operates in the sector Restauration de type rapide (NAF code 56.10C). See the 'Sector positioning' section above to compare the company with its competitors.