SIREN : 318166758
VAROTEL is a French company founded 46 years ago, specialized in the sector Hôtels et hébergement similaire . Based in LA CROIX-VALMER (83420), this company of category ETI shows in 2024 a revenue of 33.9 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 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 33 916 640 € | 31 834 743 € | 26 861 168 € | 16 370 801 € | 9 048 007 € | 1 213 906 € | 1 859 500 € | 2 001 283 € | 1 983 612 € |
| Net income | 41 166 € | -2 172 002 € | -3 004 311 € | -898 864 € | -4 232 145 € | -218 487 € | -481 776 € | 62 740 € | 77 450 € |
| EBITDA | 2 275 073 € | -60 838 € | -13 524 € | 346 904 € | -3 185 659 € | 124 856 € | -145 644 € | 167 610 € | 210 268 € |
| Net margin | 0.1% | -6.8% | -11.2% | -5.5% | -46.8% | -18.0% | -25.9% | 3.1% | 3.9% |
In 2024, VAROTEL achieves revenue of 33.9 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +42.6%. Vs 2023: +7%. After deducting consumption (3.9 M€), gross margin stands at 30.1 M€, i.e. a rate of 89%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.3 M€, representing 6.7% of revenue. Positive scissor effect: EBITDA margin improves by +6.9 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 41 k€, i.e. 0.1% of revenue. This profit can be retained or distributed to shareholders.
33 916 640 €
30 052 654 €
2 275 073 €
533 564 €
41 166 €
6.7%
The debt ratio (= Financial debt / Equity x 100) stands at -61%. 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 -44%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
-61.294%
-43.536%
6.074%
1.189
45.9%
In 2024, the debt ratio of VAROTEL (-61.29) 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 2024, the financial autonomy of VAROTEL (-43.5%) 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 2024, the repayment capacity of VAROTEL (1.19) 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 21.83. 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 10.1x. Operating income very largely covers interest expenses: high safety margin.
21.827
10.114
In 2024, the liquidity ratio of VAROTEL (21.83) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of VAROTEL (10.1x) 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: 24 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Inventory turnover is 11 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-77 days): operations structurally generate cash. Notable WCR improvement over the period (-46205%), freeing up cash.
-7 215 765 €
4 j
24 j
11 j
-77 j
Based on 99 transactions of similar company sales
in 2024,
the value of VAROTEL is estimated at
10 993 018 €
(range 4 035 893€ - 22 097 807€).
With an EBITDA of 2 275 073€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.54x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 99 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 VAROTEL with other companies in the same sector:
Voir toutes les statistiques du secteur Hôtels et hébergement similaire
The revenue of VAROTEL in 2024 is 33.9 M€.
Yes, VAROTEL generated a net profit of 41 k€ in 2024.
The headquarters of VAROTEL is located in LA CROIX-VALMER (83420), in the department Var.
The tax return of VAROTEL 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).
VAROTEL operates in the sector Hôtels et hébergement similaire (NAF code 55.10Z). See the 'Sector positioning' section above to compare the company with its competitors.