ARMOR EMBALLAGES : revenue, balance sheet and financial ratios

ARMOR EMBALLAGES is a French company founded 21 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'autres produits intermédiaires. Based in CAUDAN (56850), this company of category PME shows in 2021 a revenue of 5.8 M€. 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 - ARMOR EMBALLAGES (SIREN 478066103)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C N/C N/C 5 794 431 € N/C N/C N/C N/C 234 000 €
Net income 214 009 € 228 009 € 200 405 € 107 995 € 258 094 € 138 283 € 79 063 € 70 450 € 96 148 € 73 943 €
EBITDA N/C N/C N/C N/C 356 329 € N/C N/C N/C N/C -12 549 €
Net margin N/C N/C N/C N/C 4.5% N/C N/C N/C N/C 31.6%

Revenue and income statement

In 2025, ARMOR EMBALLAGES generates positive net income of 214 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2025: 74 k€ -> 214 k€.

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

214 009 €

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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 9%. 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 49%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

8.598%

Financial autonomy (2025) ?
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

49.093%

Asset age ratio (2025) ?
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

24.0%

Solvency indicators evolution
ARMOR EMBALLAGES

Sector positioning

Debt ratio
8.6 2025
2023
2024
2025
Q1: 0.51
Med: 11.26
Q3: 43.41
Good -10 pts over 3 years

In 2025, the debt ratio of ARMOR EMBALLAGES (8.60) 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
49.09% 2025
2023
2024
2025
Q1: 27.89%
Med: 48.49%
Q3: 66.75%
Good

In 2025, the financial autonomy of ARMOR EMBALLAGES (49.1%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 192.13. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
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

192.132

Liquidity indicators evolution
ARMOR EMBALLAGES

Sector positioning

Liquidity ratio
192.13 2025
2023
2024
2025
Q1: 146.71
Med: 217.31
Q3: 356.64
Average +8 pts over 3 years

In 2025, the liquidity ratio of ARMOR EMBALLAGES (192.13) 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.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2025) ?
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

0 €

Customer credit (2025) ?
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 (2025) ?
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

0 j

Inventory turnover (2025) ?
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 and payment terms evolution
ARMOR EMBALLAGES

Positioning of ARMOR EMBALLAGES in its sector

Comparison with sector Commerce de gros (commerce interentreprises) d'autres produits intermédiaires

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (39 transactions). This range of 89 845€ to 1 289 167€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
89k€ 282k€ 1289k€
282 393 € Range: 89 845€ - 1 289 167€
NAF 5 all-time

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 39 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 (Commerce de gros (commerce interentreprises) d'autres produits intermédiaires)

Compare ARMOR EMBALLAGES with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) d'autres produits intermédiaires

Frequently asked questions about ARMOR EMBALLAGES

What is the revenue of ARMOR EMBALLAGES ?

The revenue of ARMOR EMBALLAGES in 2021 is 5.8 M€.

Is ARMOR EMBALLAGES profitable?

Yes, ARMOR EMBALLAGES generated a net profit of 214 k€ in 2025.

Where is the headquarters of ARMOR EMBALLAGES ?

The headquarters of ARMOR EMBALLAGES is located in CAUDAN (56850), in the department Morbihan.

Where to find the tax return of ARMOR EMBALLAGES ?

The tax return of ARMOR EMBALLAGES 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 EMBALLAGES operate?

ARMOR EMBALLAGES operates in the sector Commerce de gros (commerce interentreprises) d'autres produits intermédiaires (NAF code 46.76Z). See the 'Sector positioning' section above to compare the company with its competitors.