APPLICATION MODERNE DU VERRE : revenue, balance sheet and financial ratios

APPLICATION MODERNE DU VERRE is a French company founded 71 years ago, specialized in the sector Façonnage et transformation du verre plat. Based in CHAMBRAY-LES-TOURS (37170), this company of category PME shows in 2024 a revenue of 2.4 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 - APPLICATION MODERNE DU VERRE (SIREN 554801290)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 388 457 € N/C 2 962 697 € N/C N/C N/C 2 314 612 € 2 284 307 € 2 281 483 €
Net income 8 187 € 234 854 € 276 483 € 134 841 € 129 708 € 214 460 € -19 294 € 59 423 € 72 377 €
EBITDA 38 317 € N/C 350 568 € N/C N/C N/C 17 725 € 32 854 € 112 306 €
Net margin 0.3% N/C 9.3% N/C N/C N/C -0.8% 2.6% 3.2%

Revenue and income statement

In 2024, APPLICATION MODERNE DU VERRE achieves revenue of 2.4 M€. Revenue is growing positively over 9 years (CAGR: +0.6%). After deducting consumption (759 k€), gross margin stands at 1.6 M€, i.e. a rate of 68%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 38 k€, representing 1.6% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 8 k€, i.e. 0.3% 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

2 388 457 €

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

1 629 480 €

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

38 317 €

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

12 669 €

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

8 187 €

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

1.6%

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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 57%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 45%. 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 10.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

57.203%

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

45.322%

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

1.692%

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

10.26

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

20.9%

Solvency indicators evolution
APPLICATION MODERNE DU VERRE

Sector positioning

Debt ratio
57.2 2024
2022
2023
2024
Q1: 4.82
Med: 28.23
Q3: 76.62
Average +14 pts over 3 years

In 2024, the debt ratio of APPLICATION MODERNE DU VERRE (57.20) 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
45.32% 2024
2022
2023
2024
Q1: 32.87%
Med: 46.51%
Q3: 61.17%
Average -6 pts over 3 years

In 2024, the financial autonomy of APPLICATION MODERNE DU VERRE (45.3%) 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
10.26 years 2024
2022
2024
Q1: -1.9 years
Med: 0.27 years
Q3: 1.56 years
Watch +23 pts over 2 years

In 2024, the repayment capacity of APPLICATION MODERNE DU VERRE (10.26) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 218.75. 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 6.3x. Operating income very largely covers interest expenses: high safety margin.

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

218.752

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

6.308

Liquidity indicators evolution
APPLICATION MODERNE DU VERRE

Sector positioning

Liquidity ratio
218.75 2024
2022
2023
2024
Q1: 169.27
Med: 239.74
Q3: 374.28
Average

In 2024, the liquidity ratio of APPLICATION MODERNE DU VERRE (218.75) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
6.31x 2024
2022
2024
Q1: -2.12x
Med: 1.32x
Q3: 5.27x
Excellent +48 pts over 2 years

In 2024, the interest coverage of APPLICATION MODERNE DU VERRE (6.3x) 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: 47 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 60 days. Favorable situation: supplier credit is longer than customer credit by 13 days. Inventory turnover is 26 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 54 days of revenue, i.e. 360 k€ to permanently finance.

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

359 797 €

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

47 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

60 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

26 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

54 j

WCR and payment terms evolution
APPLICATION MODERNE DU VERRE

Positioning of APPLICATION MODERNE 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 APPLICATION MODERNE DU VERRE is estimated at 124 269 € (range 73 313€ - 356 400€). With an EBITDA of 38 317€, the sector multiple of 1.5x is applied. 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 2024
228 transactions
73k€ 124k€ 356k€
124 269 € Range: 73 313€ - 356 400€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
38 317 € × 1.5x
Estimation 59 055 €
18 417€ - 152 901€
Revenue Multiple 30%
2 388 457 € × 0.13x
Estimation 305 943 €
211 054€ - 909 755€
Net Income Multiple 20%
8 187 € × 1.8x
Estimation 14 798 €
3 947€ - 35 115€
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 APPLICATION MODERNE 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 APPLICATION MODERNE DU VERRE

What is the revenue of APPLICATION MODERNE DU VERRE ?

The revenue of APPLICATION MODERNE DU VERRE in 2024 is 2.4 M€.

Is APPLICATION MODERNE DU VERRE profitable?

Yes, APPLICATION MODERNE DU VERRE generated a net profit of 8 k€ in 2024.

Where is the headquarters of APPLICATION MODERNE DU VERRE ?

The headquarters of APPLICATION MODERNE DU VERRE is located in CHAMBRAY-LES-TOURS (37170), in the department Indre-et-Loire.

Where to find the tax return of APPLICATION MODERNE DU VERRE ?

The tax return of APPLICATION MODERNE 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 APPLICATION MODERNE DU VERRE operate?

APPLICATION MODERNE 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.