A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE : revenue, balance sheet and financial ratios

A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE is a French company founded 60 years ago, specialized in the sector Façonnage et transformation du verre plat. Based in FOUGERES (35300), this company of category ETI shows in 2022 a revenue of 6.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE (SIREN 669200131)
Indicator 2022 2021 2020 2018 2017 2015
Revenue 6 500 550 € 6 548 047 € 8 937 328 € 7 861 681 € 2 087 633 € 11 321 766 €
Net income 3 205 € -1 321 886 € -1 878 650 € -1 264 013 € -482 581 € -1 980 792 €
EBITDA -587 403 € -1 270 088 € -2 480 535 € -987 905 € -788 516 € -1 499 933 €
Net margin 0.0% -20.2% -21.0% -16.1% -23.1% -17.5%

Revenue and income statement

In 2022, A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE achieves revenue of 6.5 M€. Revenue is declining over the period 2015-2022 (CAGR: -7.6%). Slight decline of -1% vs 2021. After deducting consumption (3.5 M€), gross margin stands at 3.0 M€, i.e. a rate of 47%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -587 k€, representing -9.0% of revenue. Positive scissor effect: EBITDA margin improves by +10.4 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3 k€, i.e. 0.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

6 500 550 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 042 846 €

EBITDA (2022) ?
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

-587 403 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-540 647 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

3 205 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-9.0%

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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 8%. 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 31%. The balance between equity and debt is satisfactory.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

7.593%

Financial autonomy (2022) ?
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

30.908%

Cash flow / Revenue (2022) ?
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

-6.584%

Repayment capacity (2022) ?
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

-0.236

Asset age ratio (2022) ?
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

8.6%

Solvency indicators evolution
A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE

Sector positioning

Debt ratio
7.59 2022
2020
2021
2022
Q1: 11.95
Med: 47.75
Q3: 91.64
Excellent

In 2022, the debt ratio of A.I.V. APPLICATIONS INDUS... (7.59) 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.

Financial autonomy
30.91% 2022
2020
2021
2022
Q1: 24.86%
Med: 38.33%
Q3: 56.18%
Average -10 pts over 3 years

In 2022, the financial autonomy of A.I.V. APPLICATIONS INDUS... (30.9%) 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
-0.24 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.89 years
Q3: 2.2 years
Excellent -12 pts over 3 years

In 2022, the repayment capacity of A.I.V. APPLICATIONS INDUS... (-0.24) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 116.57. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

116.568

Interest coverage (2022) ?
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

-0.713

Liquidity indicators evolution
A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE

Sector positioning

Liquidity ratio
116.57 2022
2020
2021
2022
Q1: 159.17
Med: 224.25
Q3: 330.84
Watch +6 pts over 3 years

In 2022, the liquidity ratio of A.I.V. APPLICATIONS INDUS... (116.57) 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.

Interest coverage
-0.71x 2022
2020
2021
2022
Q1: 0.0x
Med: 1.29x
Q3: 3.74x
Average

In 2022, the interest coverage of A.I.V. APPLICATIONS INDUS... (-0.7x) 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: 71 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. The gap of 36 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 64 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 32 days of revenue, i.e. 584 k€ to permanently finance. Over 2015-2022, WCR increased by +131%, requiring additional financing.

Operating WCR (2022) ?
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

583 879 €

Customer credit (2022) ?
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

71 j

Supplier credit (2022) ?
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

35 j

Inventory turnover (2022) ?
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

64 j

WCR in days of revenue (2022) ?
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

32 j

WCR and payment terms evolution
A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE

Positioning of A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE in its sector

Comparison with sector Façonnage et transformation du verre plat

Valuation estimate

Based on 228 transactions of similar company sales (all years), the value of A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE is estimated at 501 919 € (range 345 266€ - 1 491 121€). The price/revenue ratio is 0.13x (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 2022
228 transactions
345k€ 501k€ 1491k€
501 919 € Range: 345 266€ - 1 491 121€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
6 500 550 € × 0.13x
Estimation 832 671 €
574 415€ - 2 476 038€
Net Income Multiple 20%
3 205 € × 1.8x
Estimation 5 793 €
1 545€ - 13 747€
How is this estimate calculated?

This estimate is based on the analysis of 228 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 (Façonnage et transformation du verre plat)

Compare A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE with other companies in the same sector:

Voir toutes les statistiques du secteur Façonnage et transformation du verre plat

Frequently asked questions about A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE

What is the revenue of A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE ?

The revenue of A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE in 2022 is 6.5 M€.

Is A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE profitable?

Yes, A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE generated a net profit of 3 k€ in 2022.

Where is the headquarters of A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE ?

The headquarters of A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE is located in FOUGERES (35300), in the department Ille-et-Vilaine.

Where to find the tax return of A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE ?

The tax return of A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE 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 A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE operate?

A.I.V. APPLICATIONS INDUSTRIELLES DU VERRE operates in the sector Façonnage et transformation du verre plat (NAF code 23.12Z). See the 'Sector positioning' section above to compare the company with its competitors.