ALPHA INDUSTRIE SERVICE : revenue, balance sheet and financial ratios

ALPHA INDUSTRIE SERVICE is a French company founded 17 years ago, specialized in the sector Fabrication de structures métalliques et de parties de structures. Based in CHENIERES (54720), this company of category PME shows in 2021 a revenue of 2.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - ALPHA INDUSTRIE SERVICE (SIREN 508843687)
Indicator 2021 2019 2018 2017 2016
Revenue 2 358 231 € 2 918 834 € 2 187 267 € 889 685 € 870 899 €
Net income -252 691 € 38 242 € 78 237 € 37 955 € 49 460 €
EBITDA -230 527 € 65 406 € 217 811 € 61 573 € 61 274 €
Net margin -10.7% 1.3% 3.6% 4.3% 5.7%

Revenue and income statement

In 2021, ALPHA INDUSTRIE SERVICE achieves revenue of 2.4 M€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +22.0%. Significant drop of -19% vs 2019. After deducting consumption (363 k€), gross margin stands at 2.0 M€, i.e. a rate of 85%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -231 k€, representing -9.8% of revenue. Warning negative scissor effect: despite revenue change (-19%), EBITDA varies by -452%, reducing margin by 12.0 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -253 k€ (-10.7% of revenue), which will impact equity.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 358 231 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 995 289 €

EBITDA (2021) ?
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

-230 527 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-241 538 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-252 691 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-9.3%

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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 -152%. 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 -28%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-152.278%

Financial autonomy (2021) ?
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

-27.642%

Cash flow / Revenue (2021) ?
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

-9.705%

Repayment capacity (2021) ?
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

-1.346

Asset age ratio (2021) ?
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

52.2%

Solvency indicators evolution
ALPHA INDUSTRIE SERVICE

Sector positioning

Debt ratio
-152.28 2021
2018
2019
2021
Q1: 6.58
Med: 31.09
Q3: 80.85
Excellent

In 2021, the debt ratio of ALPHA INDUSTRIE SERVICE (-152.28) 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
-27.64% 2021
2018
2019
2021
Q1: 22.41%
Med: 38.84%
Q3: 56.76%
Watch -14 pts over 3 years

In 2021, the financial autonomy of ALPHA INDUSTRIE SERVICE (-27.6%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-1.35 years 2021
2018
2019
2021
Q1: 0.0 years
Med: 0.96 years
Q3: 3.15 years
Excellent

In 2021, the repayment capacity of ALPHA INDUSTRIE SERVICE (-1.35) 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 79.88. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

79.882

Interest coverage (2021) ?
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

-4.483

Liquidity indicators evolution
ALPHA INDUSTRIE SERVICE

Sector positioning

Liquidity ratio
79.88 2021
2018
2019
2021
Q1: 164.1
Med: 222.23
Q3: 315.87
Watch -11 pts over 3 years

In 2021, the liquidity ratio of ALPHA INDUSTRIE SERVICE (79.88) 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
-4.48x 2021
2018
2019
2021
Q1: 0.0x
Med: 0.79x
Q3: 3.29x
Watch -16 pts over 3 years

In 2021, the interest coverage of ALPHA INDUSTRIE SERVICE (-4.5x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 22 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 days. Excellent situation: suppliers finance 35 days of the operating cycle (retail model). Inventory turnover is 19 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 19 days of revenue, i.e. 126 k€ to permanently finance. Notable WCR improvement over the period (-30%), freeing up cash.

Operating WCR (2021) ?
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

126 071 €

Customer credit (2021) ?
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

22 j

Supplier credit (2021) ?
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

57 j

Inventory turnover (2021) ?
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

19 j

WCR in days of revenue (2021) ?
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

19 j

WCR and payment terms evolution
ALPHA INDUSTRIE SERVICE

Positioning of ALPHA INDUSTRIE SERVICE in its sector

Comparison with sector Fabrication de structures métalliques et de parties de structures

Valuation estimate

Based on 56 transactions of similar company sales (all years), the value of ALPHA INDUSTRIE SERVICE is estimated at 303 572 € (range 160 152€ - 385 433€). 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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2021
56 tx
160k€ 303k€ 385k€
303 572 € Range: 160 152€ - 385 433€
NAF 5 all-time

Valuation method used

Revenue Multiple
2 358 231 € × 0.13x = 303 572 €
Range: 160 153€ - 385 434€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 56 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 (Fabrication de structures métalliques et de parties de structures)

Compare ALPHA INDUSTRIE SERVICE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de structures métalliques et de parties de structures

Frequently asked questions about ALPHA INDUSTRIE SERVICE

What is the revenue of ALPHA INDUSTRIE SERVICE ?

The revenue of ALPHA INDUSTRIE SERVICE in 2021 is 2.4 M€.

Is ALPHA INDUSTRIE SERVICE profitable?

ALPHA INDUSTRIE SERVICE recorded a net loss in 2021.

Where is the headquarters of ALPHA INDUSTRIE SERVICE ?

The headquarters of ALPHA INDUSTRIE SERVICE is located in CHENIERES (54720), in the department Meurthe-et-Moselle.

Where to find the tax return of ALPHA INDUSTRIE SERVICE ?

The tax return of ALPHA INDUSTRIE SERVICE 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 ALPHA INDUSTRIE SERVICE operate?

ALPHA INDUSTRIE SERVICE operates in the sector Fabrication de structures métalliques et de parties de structures (NAF code 25.11Z). See the 'Sector positioning' section above to compare the company with its competitors.