ARZIARI DEVELOPPEMENT : revenue, balance sheet and financial ratios

ARZIARI DEVELOPPEMENT is a French company founded 20 years ago, specialized in the sector Fabrication d'autres équipements automobiles. Based in COURSEGOULES (06140), this company of category PME shows in 2023 a revenue of 22 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - ARZIARI DEVELOPPEMENT (SIREN 483679619)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2015 2013
Revenue 21 734 € 30 592 € 22 865 € 28 555 € 27 240 € 31 730 € 31 560 € 36 086 € 39 753 € 33 723 €
Net income 308 € -725 € -7 730 € 2 209 € -2 037 € 546 € -859 € 78 € 968 € -227 €
EBITDA 545 € 4 399 € -2 606 € 2 996 € 888 € 5 652 € 5 490 € 5 487 € 6 098 € 1 869 €
Net margin 1.4% -2.4% -33.8% 7.7% -7.5% 1.7% -2.7% 0.2% 2.4% -0.7%

Revenue and income statement

In 2023, ARZIARI DEVELOPPEMENT achieves revenue of 22 k€. Activity remains stable over the period (CAGR: -4.3%). Significant drop of -29% vs 2022. After deducting consumption (5 k€), gross margin stands at 17 k€, i.e. a rate of 78%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 545 €, representing 2.5% of revenue. Warning negative scissor effect: despite revenue change (-29%), EBITDA varies by -88%, reducing margin by 11.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 308 €, i.e. 1.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

21 734 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

17 038 €

EBITDA (2023) ?
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

545 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-1 189 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

308 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.5%

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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 -31%. 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 33%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 18.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-30.896%

Financial autonomy (2023) ?
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

33.367%

Cash flow / Revenue (2023) ?
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

1.417%

Repayment capacity (2023) ?
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

18.873

Solvency indicators evolution
ARZIARI DEVELOPPEMENT

Sector positioning

Debt ratio
-30.9 2023
2021
2022
2023
Q1: 0.0
Med: 11.38
Q3: 61.28
Excellent

In 2023, the debt ratio of ARZIARI DEVELOPPEMENT (-30.90) 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.

Financial autonomy
33.37% 2023
2021
2022
2023
Q1: 15.55%
Med: 37.03%
Q3: 57.89%
Average -52 pts over 3 years

In 2023, the financial autonomy of ARZIARI DEVELOPPEMENT (33.4%) 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
18.87 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.03 years
Q3: 2.02 years
Watch +52 pts over 3 years

In 2023, the repayment capacity of ARZIARI DEVELOPPEMENT (18.87) 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 84.64. 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 37.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

84.638

Interest coverage (2023) ?
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

37.248

Liquidity indicators evolution
ARZIARI DEVELOPPEMENT

Sector positioning

Liquidity ratio
84.64 2023
2021
2022
2023
Q1: 117.44
Med: 184.17
Q3: 284.25
Watch -7 pts over 3 years

In 2023, the liquidity ratio of ARZIARI DEVELOPPEMENT (84.64) 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
37.25x 2023
2021
2022
2023
Q1: -2.6x
Med: 0.16x
Q3: 7.42x
Excellent +51 pts over 3 years

In 2023, the interest coverage of ARZIARI DEVELOPPEMENT (37.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 24 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 50 days. Favorable situation: supplier credit is longer than customer credit by 26 days. Inventory turnover is 39 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-9 days): operations structurally generate cash. Notable WCR improvement over the period (-117%), freeing up cash.

Operating WCR (2023) ?
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

-535 €

Customer credit (2023) ?
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

24 j

Supplier credit (2023) ?
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

50 j

Inventory turnover (2023) ?
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

39 j

WCR in days of revenue (2023) ?
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

-9 j

WCR and payment terms evolution
ARZIARI DEVELOPPEMENT

Positioning of ARZIARI DEVELOPPEMENT in its sector

Comparison with sector Fabrication d'autres équipements automobiles

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 5 248€ to 11 771€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
5k€ 9k€ 11k€
9 256 € Range: 5 248€ - 11 771€
NAF 5 all-time
How is this estimate calculated?

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.

  • 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 (Fabrication d'autres équipements automobiles)

Compare ARZIARI DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres équipements automobiles

Frequently asked questions about ARZIARI DEVELOPPEMENT

What is the revenue of ARZIARI DEVELOPPEMENT ?

The revenue of ARZIARI DEVELOPPEMENT in 2023 is 22 k€.

Is ARZIARI DEVELOPPEMENT profitable?

Yes, ARZIARI DEVELOPPEMENT generated a net profit of 308€ in 2023.

Where is the headquarters of ARZIARI DEVELOPPEMENT ?

The headquarters of ARZIARI DEVELOPPEMENT is located in COURSEGOULES (06140), in the department Alpes-Maritimes.

Where to find the tax return of ARZIARI DEVELOPPEMENT ?

The tax return of ARZIARI DEVELOPPEMENT 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 ARZIARI DEVELOPPEMENT operate?

ARZIARI DEVELOPPEMENT operates in the sector Fabrication d'autres équipements automobiles (NAF code 29.32Z). See the 'Sector positioning' section above to compare the company with its competitors.