CERIENCE : revenue, balance sheet and financial ratios

CERIENCE is a French company founded 9 years ago, specialized in the sector Culture de céréales (à l'exception du riz), de légumineuses et de graines oléagineuses. Based in BEAUFORT-EN-ANJOU (49250), this company of category PME shows in 2023 a revenue of 113.1 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 - CERIENCE (SIREN 822478152)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 113 111 385 € 113 418 313 € 71 601 506 € 43 418 538 € 39 652 579 € 40 150 558 € 44 182 719 € N/C
Net income -613 055 € 37 310 € -2 302 522 € -762 968 € -509 427 € 201 804 € 443 160 € -6 765 €
EBITDA 7 443 211 € 4 610 629 € 49 046 879 € 1 514 423 € 1 898 743 € 4 394 920 € 4 937 704 € -4 001 €
Net margin -0.5% 0.0% -3.2% -1.8% -1.3% 0.5% 1.0% N/C

Revenue and income statement

En 2023, CERIENCE alcanza unos ingresos de 113.1 M€. En el período 2017-2023, la empresa muestra un fuerte crecimiento con una TCAC de +17.0%. Ligera caída de -0% vs 2022. Tras deducir el consumo (67.3 M€), el margen bruto se sitúa en 45.8 M€, es decir, una tasa del 41%. El EBITDA alcanza 7.4 M€, representando el 6.6% de los ingresos. Efecto tijera positivo: el margen EBITDA mejora en +2.5 puntos. El margen operativo sigue siendo frágil, requiriendo vigilancia de costes. El resultado neto es negativo en -613 k€ (-0.5% de los ingresos).

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

113 111 385 €

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

45 820 953 €

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

7 443 211 €

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

149 343 €

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

-613 055 €

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

6.6%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

El ratio de endeudamiento (= Deuda financiera / Fondos propios x 100) se sitúa en 25%. Este nivel muy bajo refleja una estructura financiera sólida. La autonomía financiera (= Fondos propios / Total activo x 100) alcanza el 33%. El equilibrio entre fondos propios y deuda es satisfactorio. La capacidad de reembolso indica que se necesitarían 1.9 años de flujo de caja. Este corto período demuestra una excelente sostenibilidad de la deuda. El flujo de caja representa el 4.8% de los ingresos.

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

25.33%

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

33.222%

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

4.799%

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

1.852

Asset age ratio (2023) ?
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

36.8%

Solvency indicators evolution
CERIENCE

Sector positioning

Ratio de endeudamiento
25.33 2023
2021
2022
2023
Q1: 4.67
Med: 48.02
Q3: 134.42
Bueno +8 pts over 3 years

En 2023, el ratio de endeudamiento de CERIENCE (25.33) se sitúa por debajo de la mediana del sector. Este ratio mide el peso de la deuda en relación con el patrimonio. Esta posición controlada refleja una gestión prudente.

Autonomía financiera
33.22% 2023
2021
2022
2023
Q1: 12.63%
Med: 38.73%
Q3: 65.11%
Average

En 2023, el autonomía financiera de CERIENCE (33.2%) se sitúa por debajo de la mediana del sector. Este ratio representa la parte del patrimonio en la financiación total. Una mejora fortalecería la posición competitiva.

Capacidad de reembolso
1.85 ans 2023
2021
2022
2023
Q1: 0.0 ans
Med: 0.82 ans
Q3: 3.78 ans
Average +32 pts over 3 years

En 2023, el capacidad de reembolso de CERIENCE (1.9 ans) se sitúa por encima de la mediana del sector. Este ratio indica el número de años necesarios para pagar la deuda con flujo de caja. Un esfuerzo de reducción podría mejorar la solidez financiera.

Liquidity ratios

El ratio de liquidez se sitúa en 135.54. La empresa tiene 2€ de activos líquidos por cada 1€ de deuda a corto plazo. El ratio de cobertura de intereses (= EBIT / Gastos financieros) es de 8.5x. El resultado de explotación cubre muy ampliamente los gastos financieros.

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

135.541

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

8.467

Liquidity indicators evolution
CERIENCE

Sector positioning

Ratio de liquidez
135.54 2023
2021
2022
2023
Q1: 135.96
Med: 260.7
Q3: 513.4
Vigilar +23 pts over 3 years

En 2023, el ratio de liquidez de CERIENCE (135.54) se sitúa en el 25% más bajo del sector. Este ratio mide la capacidad de cubrir deuda a corto plazo con activos corrientes. Un ratio inferior a 1 puede señalar tensiones potenciales de flujo de caja.

Cobertura de intereses
8.47x 2023
2021
2022
2023
Q1: 0.0x
Med: 1.73x
Q3: 8.27x
Excelente +50 pts over 3 years

En 2023, el cobertura de intereses de CERIENCE (8.5x) se sitúa en el top 25% del sector. Este ratio indica cuántas veces el resultado operativo cubre los gastos de intereses. Alta cobertura significa que los gastos financieros pesan poco en la rentabilidad.

Working capital requirement (WCR) and payment terms

El fondo de maniobra operativo (FM) mide el desfase temporal de tesorería. Plazo medio de cobro a clientes: 64 días. Plazo proveedores: 108 días. Excelente situación: los proveedores financian 44 días del ciclo operativo. La rotación de existencias es de 177 días. Este alto nivel inmoviliza tesorería y potencialmente crea riesgo de obsolescencia. El FM representa 168 días de ingresos.

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

52 730 265 €

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

64 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

108 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

177 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

168 j

WCR and payment terms evolution
CERIENCE

Positioning of CERIENCE in its sector

Comparison with sector Culture de céréales (à l'exception du riz), de légumineuses et de graines oléagineuses

Valuation estimate

Based on 138 transactions of similar company sales (all years), the value of CERIENCE is estimated at 33 129 926 € (range 11 172 525€ - 52 718 593€). With an EBITDA of 7 443 211€, the sector multiple of 3.3x is applied. The price/revenue ratio is 0.41x (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.

Estimated enterprise value 2023
138 transactions
11172k€ 33129k€ 52718k€
33 129 926 € Range: 11 172 525€ - 52 718 593€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
7 443 211 € × 3.3x
Estimation 24 896 479 €
8 235 261€ - 37 146 924€
Revenue Multiple 30%
113 111 385 € × 0.41x
Estimation 46 852 339 €
16 067 965€ - 78 671 376€
How is this estimate calculated?

This estimate is based on the analysis of 138 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 (Culture de céréales (à l'exception du riz), de légumineuses et de graines oléagineuses)

Compare CERIENCE with other companies in the same sector:

Voir toutes les statistiques du secteur Culture de céréales (à l'exception du riz), de légumineuses et de graines oléagineuses

Frequently asked questions about CERIENCE

What is the revenue of CERIENCE ?

The revenue of CERIENCE in 2023 is 113.1 M€.

Is CERIENCE profitable?

CERIENCE recorded a net loss in 2023.

Where is the headquarters of CERIENCE ?

The headquarters of CERIENCE is located in BEAUFORT-EN-ANJOU (49250), in the department Maine-et-Loire.

Where to find the tax return of CERIENCE ?

The tax return of CERIENCE 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 CERIENCE operate?

CERIENCE operates in the sector Culture de céréales (à l'exception du riz), de légumineuses et de graines oléagineuses (NAF code 01.11Z). See the 'Sector positioning' section above to compare the company with its competitors.