CARRIERES DE LA VALLEE HEUREUSE : revenue, balance sheet and financial ratios

CARRIERES DE LA VALLEE HEUREUSE is a French company founded 26 years ago, specialized in the sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin. Based in RINXENT (62720), this company of category ETI shows in 2021 a revenue of 39.9 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 - CARRIERES DE LA VALLEE HEUREUSE (SIREN 423465830)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 39 892 273 € 33 412 238 € N/C N/C N/C 32 873 649 €
Net income 1 319 944 € 1 243 160 € 1 423 290 € 2 645 521 € 3 907 431 € 1 858 603 €
EBITDA 4 572 864 € 3 637 578 € N/C N/C N/C 9 694 935 €
Net margin 3.3% 3.7% N/C N/C N/C 5.7%

Revenue and income statement

In 2021, CARRIERES DE LA VALLEE HEUREUSE achieves revenue of 39.9 M€. Revenue is growing positively over 6 years (CAGR: +3.9%). Vs 2020, growth of +19% (33.4 M€ -> 39.9 M€). After deducting consumption (2.4 M€), gross margin stands at 37.5 M€, i.e. a rate of 94%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4.6 M€, representing 11.5% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.3 M€, i.e. 3.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

39 892 273 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

37 454 804 €

EBITDA (2021) ?
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

4 572 864 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

2 415 534 €

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

1 319 944 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

11.5%

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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 25%. 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 62%. 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 1.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.4% 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 (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

25.064%

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

61.733%

Cash flow / Revenue (2021) ?
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

11.427%

Repayment capacity (2021) ?
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

1.406

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

23.5%

Solvency indicators evolution
CARRIERES DE LA VALLEE HEUREUSE

Sector positioning

Debt ratio
25.06 2021
2019
2020
2021
Q1: 0.03
Med: 15.09
Q3: 65.1
Average

In 2021, the debt ratio of CARRIERES DE LA VALLEE HE... (25.06) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
61.73% 2021
2019
2020
2021
Q1: 22.66%
Med: 44.43%
Q3: 62.29%
Good

In 2021, the financial autonomy of CARRIERES DE LA VALLEE HE... (61.7%) 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
1.41 years 2021
2020
2021
Q1: 0.0 years
Med: 0.41 years
Q3: 2.19 years
Average

In 2021, the repayment capacity of CARRIERES DE LA VALLEE HE... (1.41) 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 323.53. 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 1.5x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

323.533

Interest coverage (2021) ?
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

1.535

Liquidity indicators evolution
CARRIERES DE LA VALLEE HEUREUSE

Sector positioning

Liquidity ratio
323.53 2021
2019
2020
2021
Q1: 166.1
Med: 265.68
Q3: 433.7
Good -13 pts over 3 years

In 2021, the liquidity ratio of CARRIERES DE LA VALLEE HE... (323.53) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
1.53x 2021
2020
2021
Q1: 0.0x
Med: 0.64x
Q3: 3.37x
Good

In 2021, the interest coverage of CARRIERES DE LA VALLEE HE... (1.5x) 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. Average customer payment term: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. The company must finance 7 days of gap between collections and payments. Inventory turnover is 39 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 101 days of revenue, i.e. 11.2 M€ to permanently finance.

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

11 216 510 €

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

70 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

63 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

39 j

WCR in days of revenue (2021) ?
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

101 j

WCR and payment terms evolution
CARRIERES DE LA VALLEE HEUREUSE

Positioning of CARRIERES DE LA VALLEE HEUREUSE in its sector

Comparison with sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin

Valuation estimate

Based on 95 transactions of similar company sales (all years), the value of CARRIERES DE LA VALLEE HEUREUSE is estimated at 5 621 620 € (range 2 008 800€ - 27 764 330€). With an EBITDA of 4 572 864€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.17x (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 2021
95 tx
2008k€ 5621k€ 27764k€
5 621 620 € Range: 2 008 800€ - 27 764 330€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
4 572 864 € × 1.4x
Estimation 6 473 896 €
1 478 720€ - 44 882 703€
Revenue Multiple 30%
39 892 273 € × 0.17x
Estimation 6 929 082 €
3 961 960€ - 15 373 915€
Net Income Multiple 20%
1 319 944 € × 1.2x
Estimation 1 529 741 €
404 262€ - 3 554 023€
How is this estimate calculated?

This estimate is based on the analysis of 95 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 (Exploitation de gravières et sablières, extraction d’argiles et de kaolin)

Compare CARRIERES DE LA VALLEE HEUREUSE with other companies in the same sector:

Voir toutes les statistiques du secteur Exploitation de gravières et sablières, extraction d’argiles et de kaolin

Frequently asked questions about CARRIERES DE LA VALLEE HEUREUSE

What is the revenue of CARRIERES DE LA VALLEE HEUREUSE ?

The revenue of CARRIERES DE LA VALLEE HEUREUSE in 2021 is 39.9 M€.

Is CARRIERES DE LA VALLEE HEUREUSE profitable?

Yes, CARRIERES DE LA VALLEE HEUREUSE generated a net profit of 1.3 M€ in 2021.

Where is the headquarters of CARRIERES DE LA VALLEE HEUREUSE ?

The headquarters of CARRIERES DE LA VALLEE HEUREUSE is located in RINXENT (62720), in the department Pas-de-Calais.

Where to find the tax return of CARRIERES DE LA VALLEE HEUREUSE ?

The tax return of CARRIERES DE LA VALLEE HEUREUSE 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 CARRIERES DE LA VALLEE HEUREUSE operate?

CARRIERES DE LA VALLEE HEUREUSE operates in the sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin (NAF code 08.12Z). See the 'Sector positioning' section above to compare the company with its competitors.