SIREN : 488562398
ARMOR GCE is a French company founded 20 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in PONTCHATEAU (44160), this company of category PME shows in 2023 a revenue of 4.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 801 571 € | 4 368 705 € | 4 824 611 € | 4 639 022 € | 4 446 924 € | 3 945 487 € | 4 312 285 € | 4 951 630 € | N/C |
| Net income | 171 477 € | 144 566 € | 226 167 € | 237 574 € | 48 461 € | 119 023 € | 157 723 € | 166 814 € | 167 002 € |
| EBITDA | 177 444 € | 170 164 € | 353 321 € | 351 755 € | 162 575 € | 204 913 € | 248 368 € | 290 557 € | N/C |
| Net margin | 3.6% | 3.3% | 4.7% | 5.1% | 1.1% | 3.0% | 3.7% | 3.4% | N/C |
In 2023, ARMOR GCE achieves revenue of 4.8 M€. Activity remains stable over the period (CAGR: -0.4%). Vs 2022: +10%. After deducting consumption (1.2 M€), gross margin stands at 3.7 M€, i.e. a rate of 76%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 177 k€, representing 3.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 171 k€, i.e. 3.6% of revenue. This profit can be retained or distributed to shareholders.
4 801 571 €
3 650 855 €
177 444 €
120 714 €
171 477 €
3.7%
The debt ratio (= Financial debt / Equity x 100) stands at 4%. 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 66%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
4.133%
66.354%
2.045%
0.918
9.3%
In 2023, the debt ratio of ARMOR GCE (4.13) 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.
In 2023, the financial autonomy of ARMOR GCE (66.3%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2023, the repayment capacity of ARMOR GCE (0.92) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 194.82. 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.
194.82
0.007
In 2023, the liquidity ratio of ARMOR GCE (194.82) 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.
In 2023, the interest coverage of ARMOR GCE (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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 89 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 59 days. The company must finance 30 days of gap between collections and payments. Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 85 days of revenue, i.e. 1.1 M€ to permanently finance.
1 131 538 €
89 j
59 j
2 j
85 j
Based on 120 transactions of similar company sales (all years), the value of ARMOR GCE is estimated at 565 855 € (range 236 458€ - 1 360 833€). With an EBITDA of 177 444€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.22x (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.
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This estimate is based on the analysis of 120 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 GCE with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires
The revenue of ARMOR GCE in 2023 is 4.8 M€.
Yes, ARMOR GCE generated a net profit of 171 k€ in 2023.
The headquarters of ARMOR GCE is located in PONTCHATEAU (44160), in the department Loire-Atlantique.
The tax return of ARMOR GCE 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 GCE operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.