CHANTIERS NAVALS DU NORD VAN PRAET : revenue, balance sheet and financial ratios

CHANTIERS NAVALS DU NORD VAN PRAET is a French company founded 126 years ago, specialized in the sector Réparation et maintenance navale. Based in VILLENEUVE-LA-GARENNE (92390), this company of category PME shows in 2024 a revenue of 3.1 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 - CHANTIERS NAVALS DU NORD VAN PRAET (SIREN 682006598)
Indicator 2024 2023 2022 2021 2020 2018 2017 2016 2015
Revenue 3 102 971 € 2 911 705 € N/C N/C N/C 1 758 182 € 1 692 064 € 1 187 512 € 2 388 722 €
Net income 185 477 € 138 351 € 52 445 € 46 684 € 5 767 € 105 345 € 189 652 € 194 742 € -24 201 €
EBITDA 511 776 € 472 419 € N/C N/C N/C 80 215 € 265 993 € 105 373 € 30 389 €
Net margin 6.0% 4.8% N/C N/C N/C 6.0% 11.2% 16.4% -1.0%

Revenue and income statement

In 2024, CHANTIERS NAVALS DU NORD VAN PRAET achieves revenue of 3.1 M€. Revenue is growing positively over 9 years (CAGR: +2.9%). Vs 2023: +7%. After deducting consumption (392 k€), gross margin stands at 2.7 M€, i.e. a rate of 87%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 512 k€, representing 16.5% of 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 185 k€, i.e. 6.0% 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

3 102 971 €

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

2 711 271 €

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

511 776 €

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

241 073 €

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

185 477 €

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

16.4%

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Chart evolution

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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 35%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 45%. 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 5.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

34.734%

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

44.608%

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

5.4%

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

1.365

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

22.3%

Solvency indicators evolution
CHANTIERS NAVALS DU NORD VAN PRAET

Sector positioning

Debt ratio
34.73 2024
2022
2023
2024
Q1: 2.02
Med: 25.41
Q3: 83.44
Average -18 pts over 3 years

In 2024, the debt ratio of CHANTIERS NAVALS DU NORD ... (34.73) 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
44.61% 2024
2022
2023
2024
Q1: 15.79%
Med: 35.51%
Q3: 56.77%
Good +18 pts over 3 years

In 2024, the financial autonomy of CHANTIERS NAVALS DU NORD ... (44.6%) 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
1.36 years 2024
2023
2024
Q1: 0.0 years
Med: 0.23 years
Q3: 1.73 years
Average +15 pts over 2 years

In 2024, the repayment capacity of CHANTIERS NAVALS DU NORD ... (1.36) 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 147.40. 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 0.3x. 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

147.403

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

0.322

Liquidity indicators evolution
CHANTIERS NAVALS DU NORD VAN PRAET

Sector positioning

Liquidity ratio
147.4 2024
2022
2023
2024
Q1: 131.09
Med: 210.02
Q3: 315.79
Average +7 pts over 3 years

In 2024, the liquidity ratio of CHANTIERS NAVALS DU NORD ... (147.40) 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
0.32x 2024
2023
2024
Q1: 0.0x
Med: 0.32x
Q3: 4.12x
Good

In 2024, the interest coverage of CHANTIERS NAVALS DU NORD ... (0.3x) 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: 16 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 38 days. Favorable situation: supplier credit is longer than customer credit by 22 days. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 14 days of revenue, i.e. 123 k€ to permanently finance. Over 2015-2024, WCR increased by +1476%, requiring additional financing.

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

122 909 €

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

16 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

38 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

3 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

14 j

WCR and payment terms evolution
CHANTIERS NAVALS DU NORD VAN PRAET

Positioning of CHANTIERS NAVALS DU NORD VAN PRAET in its sector

Comparison with sector Réparation et maintenance navale

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (25 transactions). This range of 1 247 871€ to 3 107 776€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
1247k€ 2066k€ 3107k€
2 066 055 € Range: 1 247 871€ - 3 107 776€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 25 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 (Réparation et maintenance navale)

Compare CHANTIERS NAVALS DU NORD VAN PRAET with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation et maintenance navale

Frequently asked questions about CHANTIERS NAVALS DU NORD VAN PRAET

What is the revenue of CHANTIERS NAVALS DU NORD VAN PRAET ?

The revenue of CHANTIERS NAVALS DU NORD VAN PRAET in 2024 is 3.1 M€.

Is CHANTIERS NAVALS DU NORD VAN PRAET profitable?

Yes, CHANTIERS NAVALS DU NORD VAN PRAET generated a net profit of 185 k€ in 2024.

Where is the headquarters of CHANTIERS NAVALS DU NORD VAN PRAET ?

The headquarters of CHANTIERS NAVALS DU NORD VAN PRAET is located in VILLENEUVE-LA-GARENNE (92390), in the department Hauts-de-Seine.

Where to find the tax return of CHANTIERS NAVALS DU NORD VAN PRAET ?

The tax return of CHANTIERS NAVALS DU NORD VAN PRAET 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 CHANTIERS NAVALS DU NORD VAN PRAET operate?

CHANTIERS NAVALS DU NORD VAN PRAET operates in the sector Réparation et maintenance navale (NAF code 33.15Z). See the 'Sector positioning' section above to compare the company with its competitors.