ARMEMENT COOPERATIF ARTISANAL VENDEEN : revenue, balance sheet and financial ratios

ARMEMENT COOPERATIF ARTISANAL VENDEEN is a French company founded 126 years ago, specialized in the sector Pêche en mer. Based in LES SABLES D'OLONNE (85100), this company of category PME shows in 2024 a revenue of 458 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-09-19

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

Synthèse

Santé financière : Fragile

Signal structurel : exploitation déficitaire (EBE négatif).

In summary, ARMEMENT COOPERATIF ARTISANAL VENDEEN combines a growing business with positive profitability. Its financial structure is broadly in line with its sector. Point of attention: short-term liquidity is tight.

Financial history - ARMEMENT COOPERATIF ARTISANAL VENDEEN (SIREN 486880131)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 458 321 € 465 093 € 462 402 € 450 871 € 448 367 € 445 591 € 456 235 € 450 009 € 455 165 €
Net income 115 241 € 243 580 € 469 180 € 145 946 € 120 323 € 296 193 € 310 036 € 918 845 € 758 682 €
EBITDA -333 581 € -259 685 € -232 216 € -125 304 € -82 608 € -68 022 € -21 609 € -109 186 € -156 151 €
Net margin 25.1% 52.4% 101.5% 32.4% 26.8% 66.5% 68.0% 204.2% 166.7%

Revenue and income statement

In 2024, ARMEMENT COOPERATIF ARTISANAL VENDEEN achieves revenue of 458 k€. Revenue is growing positively over 9 years (CAGR: +0.6%). Slight decline of -1% vs 2023. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -334 k€, representing -72.8% of revenue. Warning negative scissor effect: despite revenue change (-1%), EBITDA varies by -28%, reducing margin by 16.9 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 115 k€, i.e. 25.1% 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

458 321 €

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

458 321 €

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

-333 581 €

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

-994 475 €

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

115 241 €

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

-72.8%

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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 64%. This ratio is slightly less favorable than the sector median (18.2%). Financial autonomy (= Equity / Total assets x 100) reaches 60%. This ratio is more favorable than the sector median (45.8%). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 34.3 years of cash flow to repay all financial debt. This ratio is less favorable than the sector median (0.6 years) and warrants attention. Cash flow represents 31.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Compared with its sector, this ratio places the company among the best positioned (sector median: 9.1%).

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

63.92%

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

60.25%

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

31.14%

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

34.3

Solvency indicators evolution
ARMEMENT COOPERATIF ARTISANAL VENDEEN

Sector positioning

Debt ratio
63.92% 2024
Q1: 1.09%
Med: 18.21%
Q3: 83.09%
Average +18 pts over 3 years

In 2024, the debt ratio of ARMEMENT COOPERATIF ARTIS... (63.9%) 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
60.25% 2024
Q1: 27.35%
Med: 45.81%
Q3: 69.62%
Good

In 2024, the financial autonomy of ARMEMENT COOPERATIF ARTIS... (60.2%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
34.3 years 2024
Q1: 0.0 years
Med: 0.63 years
Q3: 2.9 years
Watch +12 pts over 3 years

In 2024, the repayment capacity of ARMEMENT COOPERATIF ARTIS... (34.30) 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 0.00. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement.

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

0.0

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

-16.86

Liquidity indicators evolution
ARMEMENT COOPERATIF ARTISANAL VENDEEN

Sector positioning

Liquidity ratio
0.0 2024
Q1: 1.23
Med: 2.45
Q3: 4.11
Watch -96 pts over 3 years

In 2024, the liquidity ratio of ARMEMENT COOPERATIF ARTIS... (0.00) 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
-16.86x 2024
Q1: 0.0x
Med: 0.78x
Q3: 8.43x
Watch

In 2024, the interest coverage of ARMEMENT COOPERATIF ARTIS... (-16.9x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 32 days. Excellent situation: suppliers finance 32 days of the operating cycle (retail model). WCR is negative (-106 days): operations structurally generate cash. Between 2021 and 2024, WCR improved by 16 days of revenue, freeing up cash.

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

-135 594 €

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

0 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

32 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

0 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

-106 j

WCR and payment terms evolution
ARMEMENT COOPERATIF ARTISANAL VENDEEN

Positioning of ARMEMENT COOPERATIF ARTISANAL VENDEEN in its sector

Comparison with sector Pêche en mer

Similar companies (Pêche en mer)

Compare ARMEMENT COOPERATIF ARTISANAL VENDEEN with other companies in the same sector:

Top companies in Pêche en mer

Largest companies by revenue in the sector Pêche en mer:

Top companies in Vendee

Largest companies by revenue in the department Vendee:

Frequently asked questions about ARMEMENT COOPERATIF ARTISANAL VENDEEN

What is the revenue of ARMEMENT COOPERATIF ARTISANAL VENDEEN ?

The revenue of ARMEMENT COOPERATIF ARTISANAL VENDEEN in 2024 is 458 k€.

Is ARMEMENT COOPERATIF ARTISANAL VENDEEN profitable?

Yes, ARMEMENT COOPERATIF ARTISANAL VENDEEN generated a net profit of 115 k€ in 2024.

Where is the headquarters of ARMEMENT COOPERATIF ARTISANAL VENDEEN ?

The headquarters of ARMEMENT COOPERATIF ARTISANAL VENDEEN is located in LES SABLES D'OLONNE (85100), in the department Vendee.

Where to find the tax return of ARMEMENT COOPERATIF ARTISANAL VENDEEN ?

The tax return of ARMEMENT COOPERATIF ARTISANAL VENDEEN 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 ARMEMENT COOPERATIF ARTISANAL VENDEEN operate?

ARMEMENT COOPERATIF ARTISANAL VENDEEN operates in the sector Pêche en mer (NAF code 03.11Z). See the 'Sector positioning' section above to compare the company with its competitors.