ALSACE PAYSAGE : revenue, balance sheet and financial ratios

ALSACE PAYSAGE is a French company founded 14 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in LABAROCHE (68910), this company of category PME shows in 2021 a revenue of 279 k€. 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

Financial history - ALSACE PAYSAGE (SIREN 538606260)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 278 588 € 252 325 € 235 183 € 181 232 € 189 281 € 149 418 €
Net income 130 080 € 21 386 € 24 523 € 26 459 € 175 € 11 010 €
EBITDA 52 554 € 48 129 € 51 769 € 49 532 € 24 261 € 33 859 €
Net margin 46.7% 8.5% 10.4% 14.6% 0.1% 7.4%

Revenue and income statement

In 2021, ALSACE PAYSAGE achieves revenue of 279 k€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +13.3%. Vs 2020, growth of +10% (252 k€ -> 279 k€). After deducting consumption (0 €), gross margin stands at 279 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 53 k€, representing 18.9% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 130 k€, i.e. 46.7% of revenue. This profit can be retained or distributed to shareholders.

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

278 588 €

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

278 588 €

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

52 554 €

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

52 739 €

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

130 080 €

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

18.9%

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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 107%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 47.1% 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 (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

107.344%

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

24.317%

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

47.094%

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

2.512

Solvency indicators evolution
ALSACE PAYSAGE

Sector positioning

Debt ratio
107.34 2021
2019
2020
2021
Q1: 9.7
Med: 46.32
Q3: 119.87
Average

In 2021, the debt ratio of ALSACE PAYSAGE (107.34) 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
24.32% 2021
2019
2020
2021
Q1: 18.87%
Med: 36.69%
Q3: 54.18%
Average +8 pts over 3 years

In 2021, the financial autonomy of ALSACE PAYSAGE (24.3%) 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
2.51 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.78 years
Q3: 2.72 years
Average

In 2021, the repayment capacity of ALSACE PAYSAGE (2.51) 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 7.76. 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 30.6x. Operating income very largely covers interest expenses: high safety margin.

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

7.757

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

30.55

Liquidity indicators evolution
ALSACE PAYSAGE

Sector positioning

Liquidity ratio
7.76 2021
2019
2020
2021
Q1: 141.47
Med: 199.74
Q3: 294.75
Watch +13 pts over 3 years

In 2021, the liquidity ratio of ALSACE PAYSAGE (7.76) 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
30.55x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.66x
Q3: 2.68x
Excellent

In 2021, the interest coverage of ALSACE PAYSAGE (30.6x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 37 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 276 days. Excellent situation: suppliers finance 239 days of the operating cycle (retail model). WCR is negative (-696 days): operations structurally generate cash. Notable WCR improvement over the period (-2608%), 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

-538 218 €

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

37 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

276 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

0 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

-696 j

WCR and payment terms evolution
ALSACE PAYSAGE

Positioning of ALSACE PAYSAGE in its sector

Comparison with sector Travaux de terrassement courants et travaux préparatoires

Valuation estimate

Based on 120 transactions of similar company sales (all years), the value of ALSACE PAYSAGE is estimated at 146 307 € (range 44 149€ - 392 290€). With an EBITDA of 52 554€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.22x (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 2021
120 transactions
44k€ 146k€ 392k€
146 307 € Range: 44 149€ - 392 290€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
52 554 € × 1.4x
Estimation 72 167 €
17 084€ - 191 264€
Revenue Multiple 30%
278 588 € × 0.22x
Estimation 62 557 €
33 649€ - 135 467€
Net Income Multiple 20%
130 080 € × 3.5x
Estimation 457 287 €
127 567€ - 1 280 093€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 120 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 (Travaux de terrassement courants et travaux préparatoires)

Compare ALSACE PAYSAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires

Frequently asked questions about ALSACE PAYSAGE

What is the revenue of ALSACE PAYSAGE ?

The revenue of ALSACE PAYSAGE in 2021 is 279 k€.

Is ALSACE PAYSAGE profitable?

Yes, ALSACE PAYSAGE generated a net profit of 130 k€ in 2021.

Where is the headquarters of ALSACE PAYSAGE ?

The headquarters of ALSACE PAYSAGE is located in LABAROCHE (68910), in the department Haut-Rhin.

Where to find the tax return of ALSACE PAYSAGE ?

The tax return of ALSACE PAYSAGE 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 ALSACE PAYSAGE operate?

ALSACE PAYSAGE operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.