ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. : revenue, balance sheet and financial ratios

ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. is a French company founded 26 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in BOGNY-SUR-MEUSE (08120), this company of category PME shows in 2020 a revenue of 258 k€. 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 - ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. (SIREN 425012218)
Indicator 2020 2019 2018 2017 2016
Revenue 257 687 € 271 302 € 283 252 € 317 208 € N/C
Net income -187 € 2 660 € 2 953 € 3 860 € 4 169 €
EBITDA 6 462 € 14 885 € 25 538 € 21 633 € N/C
Net margin -0.1% 1.0% 1.0% 1.2% N/C

Revenue and income statement

In 2020, ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. achieves revenue of 258 k€. Revenue is declining over the period 2017-2020 (CAGR: -6.7%). Slight decline of -5% vs 2019. After deducting consumption (35 k€), gross margin stands at 223 k€, i.e. a rate of 86%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 6 k€, representing 2.5% of revenue. Warning negative scissor effect: despite revenue change (-5%), EBITDA varies by -57%, reducing margin by 3.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -187 € (-0.1% of revenue), which will impact equity.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

257 687 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

222 836 €

EBITDA (2020) ?
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

6 462 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-80 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-187 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.5%

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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 0%. 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 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 3.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2020) ?
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

17.118%

Cash flow / Revenue (2020) ?
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

3.521%

Repayment capacity (2020) ?
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

0.0

Asset age ratio (2020) ?
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

22.3%

Solvency indicators evolution
ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS.

Sector positioning

Debt ratio
0.0 2020
2018
2019
2020
Q1: 1.75
Med: 23.87
Q3: 85.29
Excellent -30 pts over 3 years

In 2020, the debt ratio of ARDENNES CHAUDRONNERIE ET... (0.00) 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
17.12% 2020
2018
2019
2020
Q1: 16.72%
Med: 36.12%
Q3: 53.98%
Average

In 2020, the financial autonomy of ARDENNES CHAUDRONNERIE ET... (17.1%) 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
0.0 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.28 years
Q3: 1.98 years
Excellent -23 pts over 3 years

In 2020, the repayment capacity of ARDENNES CHAUDRONNERIE ET... (0.00) 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 73.90. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2020) ?
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

73.902

Interest coverage (2020) ?
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

0.186

Liquidity indicators evolution
ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS.

Sector positioning

Liquidity ratio
73.9 2020
2018
2019
2020
Q1: 150.27
Med: 212.32
Q3: 302.66
Watch

In 2020, the liquidity ratio of ARDENNES CHAUDRONNERIE ET... (73.90) 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
0.19x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.19x
Q3: 1.92x
Good

In 2020, the interest coverage of ARDENNES CHAUDRONNERIE ET... (0.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 52 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 100 days. Excellent situation: suppliers finance 48 days of the operating cycle (retail model). Inventory turnover is 67 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 38 days of revenue, i.e. 27 k€ to permanently finance.

Operating WCR (2020) ?
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

27 485 €

Customer credit (2020) ?
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

52 j

Supplier credit (2020) ?
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

100 j

Inventory turnover (2020) ?
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

67 j

WCR in days of revenue (2020) ?
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

38 j

WCR and payment terms evolution
ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS.

Positioning of ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. in its sector

Comparison with sector Installation de structures métalliques, chaudronnées et de tuyauterie

Valuation estimate

Based on 98 transactions of similar company sales (all years), the value of ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. is estimated at 21 361 € (range 9 808€ - 39 222€). With an EBITDA of 6 462€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.18x (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 2020
98 tx
9k€ 21k€ 39k€
21 361 € Range: 9 808€ - 39 222€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
6 462 € × 1.0x
Estimation 6 281 €
3 571€ - 19 823€
Revenue Multiple 30%
257 687 € × 0.18x
Estimation 46 495 €
20 204€ - 71 554€
How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Installation de structures métalliques, chaudronnées et de tuyauterie)

Compare ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. with other companies in the same sector:

Voir toutes les statistiques du secteur Installation de structures métalliques, chaudronnées et de tuyauterie

Frequently asked questions about ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS.

What is the revenue of ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. ?

The revenue of ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. in 2020 is 258 k€.

Is ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. profitable?

ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. recorded a net loss in 2020.

Where is the headquarters of ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. ?

The headquarters of ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. is located in BOGNY-SUR-MEUSE (08120), in the department Ardennes.

Where to find the tax return of ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. ?

The tax return of ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. 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 ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. operate?

ARDENNES CHAUDRONNERIE ET MULTI SERVICES - ACMS. operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.