ARMOR BATIMENTS INDUSTRIELS SERVICES : revenue, balance sheet and financial ratios

ARMOR BATIMENTS INDUSTRIELS SERVICES is a French company founded 20 years ago, specialized in the sector Autres activités de nettoyage des bâtiments et nettoyage industriel. Based in SAINT-BRIEUC (22000), this company of category PME shows in 2019 a revenue of 146 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-11

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

Financial history - ARMOR BATIMENTS INDUSTRIELS SERVICES (SIREN 489020768)
Indicator 2019 2018 2017
Revenue 146 118 € 144 294 € 141 643 €
Net income 32 119 € 24 196 € 35 347 €
EBITDA 47 472 € 32 914 € 46 921 €
Net margin 22.0% 16.8% 25.0%

Revenue and income statement

In 2019, ARMOR BATIMENTS INDUSTRIELS SERVICES achieves revenue of 146 k€. Revenue is growing positively over 3 years (CAGR: +1.6%). Vs 2018: +1%. After deducting consumption (9 k€), gross margin stands at 137 k€, i.e. a rate of 94%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 47 k€, representing 32.5% of revenue. Positive scissor effect: EBITDA margin improves by +9.7 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 32 k€, i.e. 22.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

146 118 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

136 782 €

EBITDA (2019) ?
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

47 472 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

37 859 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

32 119 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

32.5%

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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 7%. 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 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 29.0% 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 (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

6.752%

Financial autonomy (2019) ?
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

5.658%

Cash flow / Revenue (2019) ?
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

29.03%

Repayment capacity (2019) ?
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 (2019) ?
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

48.2%

Solvency indicators evolution
ARMOR BATIMENTS INDUSTRIELS SERVICES

Sector positioning

Debt ratio
6.75 2019
2017
2018
2019
Q1: 0.04
Med: 9.22
Q3: 43.9
Good

In 2019, the debt ratio of ARMOR BATIMENTS INDUSTRIE... (6.75) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
5.66% 2019
2017
2018
2019
Q1: 5.59%
Med: 29.01%
Q3: 51.49%
Average

In 2019, the financial autonomy of ARMOR BATIMENTS INDUSTRIE... (5.7%) 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 2019
2017
2018
2019
Q1: 0.0 years
Med: 0.01 years
Q3: 0.73 years
Excellent

In 2019, the repayment capacity of ARMOR BATIMENTS INDUSTRIE... (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 576.86. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2019) ?
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

576.86

Interest coverage (2019) ?
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

0.004

Liquidity indicators evolution
ARMOR BATIMENTS INDUSTRIELS SERVICES

Sector positioning

Liquidity ratio
576.86 2019
2017
2018
2019
Q1: 119.97
Med: 169.77
Q3: 253.56
Excellent

In 2019, the liquidity ratio of ARMOR BATIMENTS INDUSTRIE... (576.86) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.0x 2019
2017
2018
2019
Q1: 0.0x
Med: 0.02x
Q3: 1.64x
Average

In 2019, the interest coverage of ARMOR BATIMENTS INDUSTRIE... (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 19 days. The gap of 61 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 7 days of revenue, i.e. 3 k€ to permanently finance. Notable WCR improvement over the period (-91%), freeing up cash.

Operating WCR (2019) ?
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

2 664 €

Customer credit (2019) ?
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

80 j

Supplier credit (2019) ?
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

19 j

Inventory turnover (2019) ?
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 (2019) ?
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

7 j

WCR and payment terms evolution
ARMOR BATIMENTS INDUSTRIELS SERVICES

Positioning of ARMOR BATIMENTS INDUSTRIELS SERVICES in its sector

Comparison with sector Autres activités de nettoyage des bâtiments et nettoyage industriel

Valuation estimate

Based on 53 transactions of similar company sales (all years), the value of ARMOR BATIMENTS INDUSTRIELS SERVICES is estimated at 97 546 € (range 39 309€ - 160 335€). With an EBITDA of 47 472€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.35x (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 2019
53 tx
39k€ 97k€ 160k€
97 546 € Range: 39 309€ - 160 335€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
47 472 € × 2.6x
Estimation 121 297 €
48 940€ - 186 466€
Revenue Multiple 30%
146 118 € × 0.35x
Estimation 51 500 €
21 390€ - 88 507€
Net Income Multiple 20%
32 119 € × 3.3x
Estimation 107 239 €
42 111€ - 202 753€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 53 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 (Autres activités de nettoyage des bâtiments et nettoyage industriel)

Compare ARMOR BATIMENTS INDUSTRIELS SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités de nettoyage des bâtiments et nettoyage industriel

Frequently asked questions about ARMOR BATIMENTS INDUSTRIELS SERVICES

What is the revenue of ARMOR BATIMENTS INDUSTRIELS SERVICES ?

The revenue of ARMOR BATIMENTS INDUSTRIELS SERVICES in 2019 is 146 k€.

Is ARMOR BATIMENTS INDUSTRIELS SERVICES profitable?

Yes, ARMOR BATIMENTS INDUSTRIELS SERVICES generated a net profit of 32 k€ in 2019.

Where is the headquarters of ARMOR BATIMENTS INDUSTRIELS SERVICES ?

The headquarters of ARMOR BATIMENTS INDUSTRIELS SERVICES is located in SAINT-BRIEUC (22000), in the department Cotes-d'Armor.

Where to find the tax return of ARMOR BATIMENTS INDUSTRIELS SERVICES ?

The tax return of ARMOR BATIMENTS INDUSTRIELS SERVICES 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 ARMOR BATIMENTS INDUSTRIELS SERVICES operate?

ARMOR BATIMENTS INDUSTRIELS SERVICES operates in the sector Autres activités de nettoyage des bâtiments et nettoyage industriel (NAF code 81.22Z). See the 'Sector positioning' section above to compare the company with its competitors.