ZAMENHOF EXPLOITATION : revenue, balance sheet and financial ratios

ZAMENHOF EXPLOITATION is a French company founded 15 years ago, specialized in the sector Activités des sièges sociaux. Based in SAINT-DONAT-SUR-L'HERBASSE (26260), this company of category GE shows in 2024 a revenue of 20.1 M€. 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 - ZAMENHOF EXPLOITATION (SIREN 522971928)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 20 063 469 € 19 607 391 € 15 445 698 € 17 704 679 € 15 810 121 € 14 527 948 € 19 332 896 € 23 704 320 €
Net income 28 967 212 € 44 320 615 € 27 125 250 € 16 161 391 € 47 229 322 € 17 644 218 € 15 493 725 € 12 086 862 €
EBITDA -3 661 568 € -3 033 334 € -3 005 053 € -2 100 616 € 8 439 040 € 6 559 620 € 7 601 530 € 13 037 465 €
Net margin 144.4% 226.0% 175.6% 91.3% 298.7% 121.5% 80.1% 51.0%

Revenue and income statement

In 2024, ZAMENHOF EXPLOITATION achieves revenue of 20.1 M€. Activity remains stable over the period (CAGR: -2.1%). Vs 2023: +2%. After deducting consumption (-1.4 M€), gross margin stands at 21.5 M€, i.e. a rate of 107%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -3.7 M€, representing -18.2% of revenue. Warning negative scissor effect: despite revenue change (+2%), EBITDA varies by -21%, reducing margin by 2.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 29.0 M€, i.e. 144.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

20 063 469 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

21 460 459 €

EBITDA (2024) ?
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

-3 661 568 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

21 509 168 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

28 967 212 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-17.7%

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Chart evolution

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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 175%. 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 34%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 255.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

175.44%

Financial autonomy (2024) ?
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

33.738%

Cash flow / Revenue (2024) ?
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

255.091%

Repayment capacity (2024) ?
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

5.465

Asset age ratio (2024) ?
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

73.3%

Solvency indicators evolution
ZAMENHOF EXPLOITATION

Sector positioning

Debt ratio
175.44 2024
2021
2023
2024
Q1: 0.06
Med: 14.6
Q3: 89.53
Average

In 2024, the debt ratio of ZAMENHOF EXPLOITATION (175.44) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
33.74% 2024
2021
2023
2024
Q1: 11.56%
Med: 51.97%
Q3: 85.23%
Average

In 2024, the financial autonomy of ZAMENHOF EXPLOITATION (33.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
5.46 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.2 years
Q3: 3.73 years
Average

In 2024, the repayment capacity of ZAMENHOF EXPLOITATION (5.46) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 869.45. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

869.446

Interest coverage (2024) ?
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

-973.917

Liquidity indicators evolution
ZAMENHOF EXPLOITATION

Sector positioning

Liquidity ratio
869.45 2024
2021
2023
2024
Q1: 116.68
Med: 458.4
Q3: 2174.13
Good

In 2024, the liquidity ratio of ZAMENHOF EXPLOITATION (869.45) 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.

Interest coverage
-973.92x 2024
2021
2023
2024
Q1: -45.52x
Med: 0.0x
Q3: 2.86x
Average

In 2024, the interest coverage of ZAMENHOF EXPLOITATION (-973.9x) 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: 92 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 283 days. Excellent situation: suppliers finance 191 days of the operating cycle (retail model). Overall, WCR represents 3119 days of revenue, i.e. 173.8 M€ to permanently finance. Over 2016-2024, WCR increased by +928%, requiring additional financing.

Operating WCR (2024) ?
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

173 800 803 €

Customer credit (2024) ?
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

92 j

Supplier credit (2024) ?
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

283 j

Inventory turnover (2024) ?
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 (2024) ?
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

3119 j

WCR and payment terms evolution
ZAMENHOF EXPLOITATION

Positioning of ZAMENHOF EXPLOITATION in its sector

Comparison with sector Activités des sièges sociaux

Valuation estimate

Based on 103 transactions of similar company sales in 2024, the value of ZAMENHOF EXPLOITATION is estimated at 114 712 961 € (range 39 994 019€ - 305 826 594€). The price/revenue ratio is 0.38x (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.

Estimated enterprise value 2024
103 transactions
39994k€ 114712k€ 305826k€
114 712 961 € Range: 39 994 019€ - 305 826 594€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
20 063 469 € × 0.38x
Estimation 7 576 328 €
3 611 102€ - 15 301 562€
Net Income Multiple 20%
28 967 212 € × 9.5x
Estimation 275 417 912 €
94 568 396€ - 741 614 142€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 103 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 (Activités des sièges sociaux)

Compare ZAMENHOF EXPLOITATION with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sièges sociaux

Frequently asked questions about ZAMENHOF EXPLOITATION

What is the revenue of ZAMENHOF EXPLOITATION ?

The revenue of ZAMENHOF EXPLOITATION in 2024 is 20.1 M€.

Is ZAMENHOF EXPLOITATION profitable?

Yes, ZAMENHOF EXPLOITATION generated a net profit of 29.0 M€ in 2024.

Where is the headquarters of ZAMENHOF EXPLOITATION ?

The headquarters of ZAMENHOF EXPLOITATION is located in SAINT-DONAT-SUR-L'HERBASSE (26260), in the department Drome.

Where to find the tax return of ZAMENHOF EXPLOITATION ?

The tax return of ZAMENHOF EXPLOITATION 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 ZAMENHOF EXPLOITATION operate?

ZAMENHOF EXPLOITATION operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.