ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE : revenue, balance sheet and financial ratios

ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE is a French company founded 18 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in TILLY-SUR-SEULLES (14250), this company of category PME shows in 2024 a revenue of 4.1 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

Financial history - ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE (SIREN 502521743)
Indicator 2024 2022 2021 2020 2019 2018 2017
Revenue 4 059 136 € 2 721 512 € N/C 1 846 156 € N/C N/C N/C
Net income 620 844 € 403 685 € -76 440 € 102 095 € 116 090 € 71 739 € 163 778 €
EBITDA 785 229 € 814 417 € N/C 140 116 € N/C N/C N/C
Net margin 15.3% 14.8% N/C 5.5% N/C N/C N/C

Revenue and income statement

In 2024, ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE achieves revenue of 4.1 M€. Over the period 2020-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +21.8%. Vs 2022, growth of +49% (2.7 M€ -> 4.1 M€). After deducting consumption (942 k€), gross margin stands at 3.1 M€, i.e. a rate of 77%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 785 k€, representing 19.3% of revenue. Warning negative scissor effect: despite revenue change (+49%), EBITDA varies by -4%, reducing margin by 10.6 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 621 k€, i.e. 15.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

4 059 136 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 117 491 €

EBITDA (2024) ?
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

785 229 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

759 838 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

620 844 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

19.3%

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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 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 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 15.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

9.404%

Financial autonomy (2024) ?
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

66.112%

Cash flow / Revenue (2024) ?
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

15.932%

Repayment capacity (2024) ?
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

0.392

Asset age ratio (2024) ?
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

46.4%

Solvency indicators evolution
ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE

Sector positioning

Debt ratio
9.4 2024
2021
2022
2024
Q1: 0.86
Med: 17.38
Q3: 51.09
Good

In 2024, the debt ratio of ATELIER DE SERRURERIE IND... (9.40) 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
66.11% 2024
2021
2022
2024
Q1: 18.95%
Med: 38.81%
Q3: 56.71%
Excellent

In 2024, the financial autonomy of ATELIER DE SERRURERIE IND... (66.1%) 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.

Repayment capacity
0.39 years 2024
2022
2024
Q1: 0.0 years
Med: 0.19 years
Q3: 1.55 years
Average +5 pts over 2 years

In 2024, the repayment capacity of ATELIER DE SERRURERIE IND... (0.39) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 310.29. 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 0.4x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2024) ?
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

310.287

Interest coverage (2024) ?
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

0.398

Liquidity indicators evolution
ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE

Sector positioning

Liquidity ratio
310.29 2024
2021
2022
2024
Q1: 150.33
Med: 206.67
Q3: 290.93
Excellent

In 2024, the liquidity ratio of ATELIER DE SERRURERIE IND... (310.29) 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.

Interest coverage
0.4x 2024
2022
2024
Q1: 0.0x
Med: 0.53x
Q3: 3.23x
Average -32 pts over 2 years

In 2024, the interest coverage of ATELIER DE SERRURERIE IND... (0.4x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 121 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 91 days. The company must finance 30 days of gap between collections and payments. Overall, WCR represents 120 days of revenue, i.e. 1.4 M€ to permanently finance.

Operating WCR (2024) ?
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

1 356 685 €

Customer credit (2024) ?
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

121 j

Supplier credit (2024) ?
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

91 j

Inventory turnover (2024) ?
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 in days of revenue (2024) ?
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

120 j

WCR and payment terms evolution
ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE

Positioning of ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE in its sector

Comparison with sector Installation de structures métalliques, chaudronnées et de tuyauterie

Valuation estimate

Based on 98 transactions of similar company sales (all years), the value of ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE is estimated at 945 405 € (range 431 566€ - 2 201 345€). With an EBITDA of 785 229€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.18x (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.

Estimated enterprise value 2024
98 tx
431k€ 945k€ 2201k€
945 405 € Range: 431 566€ - 2 201 345€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
785 229 € × 1.0x
Estimation 763 234 €
433 946€ - 2 408 813€
Revenue Multiple 30%
4 059 136 € × 0.18x
Estimation 732 404 €
318 261€ - 1 127 129€
Net Income Multiple 20%
620 844 € × 2.8x
Estimation 1 720 338 €
595 578€ - 3 294 003€
How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Installation de structures métalliques, chaudronnées et de tuyauterie)

Compare ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE with other companies in the same sector:

Voir toutes les statistiques du secteur Installation de structures métalliques, chaudronnées et de tuyauterie

Frequently asked questions about ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE

What is the revenue of ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE ?

The revenue of ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE in 2024 is 4.1 M€.

Is ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE profitable?

Yes, ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE generated a net profit of 621 k€ in 2024.

Where is the headquarters of ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE ?

The headquarters of ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE is located in TILLY-SUR-SEULLES (14250), in the department Calvados.

Where to find the tax return of ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE ?

The tax return of ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE 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 ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE operate?

ATELIER DE SERRURERIE INDUSTRIELLE ET DE MANUTENTION AERIENNE operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.