AZURENOV 32 : revenue, balance sheet and financial ratios

AZURENOV 32 is a French company founded 21 years ago, specialized in the sector Travaux de menuiserie bois et PVC. Based in SEISSAN (32260), this company of category PME shows in 2018 a revenue of 1.4 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

Financial history - AZURENOV 32 (SIREN 481716165)
Indicator 2021 2020 2018 2015
Revenue N/C N/C 1 362 136 € 1 144 970 €
Net income 116 411 € 6 897 € 34 072 € 28 863 €
EBITDA N/C N/C 41 727 € 36 102 €
Net margin N/C N/C 2.5% 2.5%

Revenue and income statement

In 2021, AZURENOV 32 generates positive net income of 116 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2015-2021: 29 k€ -> 116 k€.

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

116 411 €

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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 30%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 39%. The balance between equity and debt is satisfactory.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

30.346%

Financial autonomy (2021) ?
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

38.792%

Asset age ratio (2021) ?
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

27.6%

Solvency indicators evolution
AZURENOV 32

Sector positioning

Debt ratio
30.35 2021
2018
2020
2021
Q1: 6.06
Med: 33.73
Q3: 92.76
Good +22 pts over 3 years

In 2021, the debt ratio of AZURENOV 32 (30.35) 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
38.79% 2021
2018
2020
2021
Q1: 15.56%
Med: 33.61%
Q3: 51.44%
Good -15 pts over 3 years

In 2021, the financial autonomy of AZURENOV 32 (38.8%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.01 years 2018
2018
Q1: 0.0 years
Med: 0.24 years
Q3: 1.41 years
Good

In 2018, the repayment capacity of AZURENOV 32 (0.01) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 186.17. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

186.171

Liquidity indicators evolution
AZURENOV 32

Sector positioning

Liquidity ratio
186.17 2021
2018
2020
2021
Q1: 144.89
Med: 201.51
Q3: 288.64
Average -5 pts over 3 years

In 2021, the liquidity ratio of AZURENOV 32 (186.17) 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.

Interest coverage
0.65x 2018
2018
Q1: 0.0x
Med: 0.49x
Q3: 3.21x
Good

In 2018, the interest coverage of AZURENOV 32 (0.7x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2021) ?
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

0 €

Customer credit (2021) ?
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

0 j

Supplier credit (2021) ?
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

0 j

Inventory turnover (2021) ?
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 and payment terms evolution
AZURENOV 32

Positioning of AZURENOV 32 in its sector

Comparison with sector Travaux de menuiserie bois et PVC

Valuation estimate

Based on 264 transactions of similar company sales (all years), the value of AZURENOV 32 is estimated at 356 909 € (range 114 289€ - 767 629€). 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.

Estimated enterprise value 2021
264 transactions
114k€ 356k€ 767k€
356 909 € Range: 114 289€ - 767 629€
NAF 5 all-time

Valuation method used

Net Income Multiple
116 411 € × 3.1x = 356 909 €
Range: 114 289€ - 767 629€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 264 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 (Travaux de menuiserie bois et PVC)

Compare AZURENOV 32 with other companies in the same sector:

Frequently asked questions about AZURENOV 32

What is the revenue of AZURENOV 32 ?

The revenue of AZURENOV 32 in 2018 is 1.4 M€.

Is AZURENOV 32 profitable?

Yes, AZURENOV 32 generated a net profit of 116 k€ in 2021.

Where is the headquarters of AZURENOV 32 ?

The headquarters of AZURENOV 32 is located in SEISSAN (32260), in the department Gers.

Where to find the tax return of AZURENOV 32 ?

The tax return of AZURENOV 32 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 AZURENOV 32 operate?

AZURENOV 32 operates in the sector Travaux de menuiserie bois et PVC (NAF code 43.32A). See the 'Sector positioning' section above to compare the company with its competitors.