SIREN : 095751038
A.S. is a French company founded 69 years ago, specialized in the sector Fabrication de vins effervescents. Based in LE MESNIL-SUR-OGER (51190), this company of category ETI shows in 2025 a revenue of 36.6 M€. 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
| Indicator | 2025 | 2024 | 2022 | 2021 | 2020 | 2019 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 36 552 000 € | 34 890 000 € | 31 940 000 € | 28 335 000 € | 27 584 000 € | 26 954 000 € | 20 614 000 € |
| Net income | 19 455 000 € | 18 712 000 € | 12 652 000 € | 13 262 000 € | 9 978 000 € | 4 386 000 € | 6 269 000 € |
| EBITDA | 22 037 000 € | 21 824 000 € | 20 925 000 € | 18 156 000 € | 14 136 000 € | 12 570 000 € | 6 554 000 € |
| Net margin | 53.2% | 53.6% | 39.6% | 46.8% | 36.2% | 16.3% | 30.4% |
In 2025, A.S. achieves revenue of 36.6 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +7.4%. Vs 2024: +5%. After deducting consumption (15.3 M€), gross margin stands at 21.2 M€, i.e. a rate of 58%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 22.0 M€, representing 60.3% of revenue. Warning negative scissor effect: despite revenue change (+5%), EBITDA varies by +1%, reducing margin by 2.3 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 19.5 M€, i.e. 53.2% of revenue. This profit can be retained or distributed to shareholders.
36 552 000 €
21 248 000 €
22 037 000 €
22 085 000 €
19 455 000 €
60.3%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 95%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 53.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.0%
95.453%
53.034%
0.0
55.1%
In 2025, the debt ratio of A.S. (0.00) 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 2025, the financial autonomy of A.S. (95.5%) 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 2025, the repayment capacity of A.S. (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.
The liquidity ratio (= Current assets / Current liabilities) stands at 2163.66. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.
2163.659
0.068
In 2025, the liquidity ratio of A.S. (2163.66) 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.
In 2025, the interest coverage of A.S. (0.1x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 61 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 112 days. Excellent situation: suppliers finance 51 days of the operating cycle (retail model). Inventory turnover is 419 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 1560 days of revenue, i.e. 158.4 M€ to permanently finance. Over 2017-2025, WCR increased by +25616053%, requiring additional financing.
158 414 175 €
61 j
112 j
419 j
1560 j
Based on 55 transactions of similar company sales
(all years),
the value of A.S. is estimated at
40 445 392 €
(range 20 697 920€ - 102 717 415€).
With an EBITDA of 22 037 000€, the sector multiple of 2.8x is applied.
The price/revenue ratio is 0.34x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 55 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 A.S. with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication de vins effervescents
The revenue of A.S. in 2025 is 36.6 M€.
Yes, A.S. generated a net profit of 19.5 M€ in 2025.
The headquarters of A.S. is located in LE MESNIL-SUR-OGER (51190), in the department Marne.
The tax return of A.S. 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).
A.S. operates in the sector Fabrication de vins effervescents (NAF code 11.02A). See the 'Sector positioning' section above to compare the company with its competitors.