SIREN : 444351951
ADEQUATE FERMETURE is a French company founded 23 years ago, specialized in the sector Travaux de menuiserie bois et PVC. Based in GOURNAY-EN-BRAY (76220), this company of category PME shows in 2024 a revenue of 2.2 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 | 2 228 632 € | 2 828 497 € | 2 654 097 € | 2 811 199 € | 2 248 246 € | 2 380 901 € | 2 541 064 € | 2 603 940 € | 2 455 458 € |
| Net income | 57 907 € | 48 088 € | 34 102 € | 85 947 € | 44 264 € | 30 051 € | 59 821 € | 94 586 € | 51 849 € |
| EBITDA | 83 636 € | 83 614 € | 68 197 € | 125 634 € | 78 921 € | 36 474 € | 87 948 € | 113 895 € | 73 128 € |
| Net margin | 2.6% | 1.7% | 1.3% | 3.1% | 2.0% | 1.3% | 2.4% | 3.6% | 2.1% |
In 2024, ADEQUATE FERMETURE achieves revenue of 2.2 M€. Activity remains stable over the period (CAGR: -1.2%). Significant drop of -21% vs 2023. After deducting consumption (980 k€), gross margin stands at 1.2 M€, i.e. a rate of 56%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 84 k€, representing 3.8% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 58 k€, i.e. 2.6% of revenue. This profit can be retained or distributed to shareholders.
2 228 632 €
1 248 167 €
83 636 €
50 129 €
57 907 €
3.8%
The debt ratio (= Financial debt / Equity x 100) stands at 26%. 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 40%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
25.884%
40.228%
3.501%
1.65
25.6%
In 2024, the debt ratio of ADEQUATE FERMETURE (25.88) 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 2024, the financial autonomy of ADEQUATE FERMETURE (40.2%) 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 ADEQUATE FERMETURE (1.65) 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 145.56. 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 5.2x. Operating income very largely covers interest expenses: high safety margin.
145.565
5.178
In 2024, the liquidity ratio of ADEQUATE FERMETURE (145.56) 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 2024, the interest coverage of ADEQUATE FERMETURE (5.2x) 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: 14 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 55 days. Excellent situation: suppliers finance 41 days of the operating cycle (retail model). Inventory turnover is 31 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 6 days of revenue, i.e. 40 k€ to permanently finance. Over 2016-2024, WCR increased by +194%, requiring additional financing.
39 536 €
14 j
55 j
31 j
6 j
Based on 51 transactions of similar company sales
in 2024,
the value of ADEQUATE FERMETURE is estimated at
199 900 €
(range 101 369€ - 289 995€).
With an EBITDA of 83 636€, the sector multiple of 1.6x is applied.
The price/revenue ratio is 0.14x
(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 51 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 ADEQUATE FERMETURE with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de menuiserie bois et PVC
The revenue of ADEQUATE FERMETURE in 2024 is 2.2 M€.
Yes, ADEQUATE FERMETURE generated a net profit of 58 k€ in 2024.
The headquarters of ADEQUATE FERMETURE is located in GOURNAY-EN-BRAY (76220), in the department Seine-Maritime.
The tax return of ADEQUATE FERMETURE 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).
ADEQUATE FERMETURE operates in the sector Travaux de menuiserie bois et PVC (NAF code 43.32A). See the 'Sector positioning' section above to compare the company with its competitors.