SIREN : 534890298
ARMOR FTS is a French company founded 14 years ago, specialized in the sector Autres travaux spécialisés de construction. Based in CAMPBON (44750), this company of category ETI shows in 2025 a revenue of 5.4 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
| Indicator | 2025 | 2024 | 2023 | 2021 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 5 420 293 € | 2 461 184 € | 4 767 935 € | 4 828 149 € | 5 154 856 € | N/C |
| Net income | -83 701 € | -626 726 € | 113 490 € | 300 029 € | 334 727 € | 206 859 € |
| EBITDA | 57 186 € | -583 140 € | 296 019 € | 673 124 € | 669 719 € | N/C |
| Net margin | -1.5% | -25.5% | 2.4% | 6.2% | 6.5% | N/C |
In 2025, ARMOR FTS achieves revenue of 5.4 M€. Revenue is growing positively over 6 years (CAGR: +0.6%). Vs 2024, growth of +120% (2.5 M€ -> 5.4 M€). After deducting consumption (1.8 M€), gross margin stands at 3.7 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 57 k€, representing 1.1% of revenue. Positive scissor effect: EBITDA margin improves by +24.7 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -84 k€ (-1.5% of revenue), which will impact equity.
5 420 293 €
3 669 747 €
57 186 €
-69 440 €
-83 701 €
1.1%
The debt ratio (= Financial debt / Equity x 100) stands at 1821%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 2%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 31.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
1821.31%
2.0%
0.791%
30.961
45.7%
In 2025, the debt ratio of ARMOR FTS (1821.31) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2025, the financial autonomy of ARMOR FTS (2.0%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2025, the repayment capacity of ARMOR FTS (30.96) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 130.28. 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 24.5x. Operating income very largely covers interest expenses: high safety margin.
130.277
24.518
In 2025, the liquidity ratio of ARMOR FTS (130.28) 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.
In 2025, the interest coverage of ARMOR FTS (24.5x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 130 days. Excellent situation: suppliers finance 76 days of the operating cycle (retail model). Inventory turnover is 16 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 77 days of revenue, i.e. 1.2 M€ to permanently finance.
1 160 105 €
54 j
130 j
16 j
77 j
Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 438 784€ to 967 503€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 22 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare ARMOR FTS with other companies in the same sector:
Voir toutes les statistiques du secteur Autres travaux spécialisés de construction
The revenue of ARMOR FTS in 2025 is 5.4 M€.
ARMOR FTS recorded a net loss in 2025.
The headquarters of ARMOR FTS is located in CAMPBON (44750), in the department Loire-Atlantique.
The tax return of ARMOR FTS 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).
ARMOR FTS operates in the sector Autres travaux spécialisés de construction (NAF code 43.99D). See the 'Sector positioning' section above to compare the company with its competitors.