CHAUDRONNERIE SERRURERIE MAINTENANCE : revenue, balance sheet and financial ratios

CHAUDRONNERIE SERRURERIE MAINTENANCE is a French company founded 18 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in SEIGNOSSE (40510), this company of category PME shows in 2017 a revenue of 243 k€. 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 - CHAUDRONNERIE SERRURERIE MAINTENANCE (SIREN 503405565)
Indicator 2017 2016
Revenue 243 198 € 255 887 €
Net income 15 367 € 6 654 €
EBITDA 21 944 € 16 470 €
Net margin 6.3% 2.6%

Revenue and income statement

In 2017, CHAUDRONNERIE SERRURERIE MAINTENANCE achieves revenue of 243 k€. Slight decline of -5% vs 2016. After deducting consumption (123 k€), gross margin stands at 120 k€, i.e. a rate of 49%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 22 k€, representing 9.0% of revenue. Positive scissor effect: EBITDA margin improves by +2.6 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 15 k€, i.e. 6.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2017) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

243 198 €

Gross margin (2017) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

119 768 €

EBITDA (2017) ?
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

21 944 €

EBIT (2017) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

19 016 €

Net income (2017) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

15 367 €

EBITDA margin (2017) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

9.0%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 184%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 27%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2017) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

183.674%

Financial autonomy (2017) ?
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

26.899%

Cash flow / Revenue (2017) ?
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

9.804%

Repayment capacity (2017) ?
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

2.109

Asset age ratio (2017) ?
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

25.8%

Solvency indicators evolution
CHAUDRONNERIE SERRURERIE MAINTENANCE

Sector positioning

Debt ratio
183.67 2017
2016
2017
Q1: 1.55
Med: 14.74
Q3: 53.7
Watch

In 2017, the debt ratio of CHAUDRONNERIE SERRURERIE ... (183.67) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
26.9% 2017
2016
2017
Q1: 15.0%
Med: 35.16%
Q3: 53.77%
Average -9 pts over 2 years

In 2017, the financial autonomy of CHAUDRONNERIE SERRURERIE ... (26.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
2.11 years 2017
2016
2017
Q1: 0.0 years
Med: 0.24 years
Q3: 1.28 years
Watch

In 2017, the repayment capacity of CHAUDRONNERIE SERRURERIE ... (2.11) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 148.15. 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 8.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2017) ?
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

148.147

Interest coverage (2017) ?
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

8.175

Liquidity indicators evolution
CHAUDRONNERIE SERRURERIE MAINTENANCE

Sector positioning

Liquidity ratio
148.15 2017
2016
2017
Q1: 133.75
Med: 185.35
Q3: 269.19
Average

In 2017, the liquidity ratio of CHAUDRONNERIE SERRURERIE ... (148.15) 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
8.18x 2017
2016
2017
Q1: 0.0x
Med: 0.42x
Q3: 3.2x
Excellent

In 2017, the interest coverage of CHAUDRONNERIE SERRURERIE ... (8.2x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 58 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 117 days. Excellent situation: suppliers finance 59 days of the operating cycle (retail model). Inventory turnover is 210 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 96 days of revenue, i.e. 65 k€ to permanently finance.

Operating WCR (2017) ?
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

65 031 €

Customer credit (2017) ?
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

58 j

Supplier credit (2017) ?
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

117 j

Inventory turnover (2017) ?
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

210 j

WCR in days of revenue (2017) ?
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

96 j

WCR and payment terms evolution
CHAUDRONNERIE SERRURERIE MAINTENANCE

Positioning of CHAUDRONNERIE SERRURERIE MAINTENANCE 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 CHAUDRONNERIE SERRURERIE MAINTENANCE is estimated at 32 345 € (range 14 732€ - 70 223€). With an EBITDA of 21 944€, 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 2017
98 tx
14k€ 32k€ 70k€
32 345 € Range: 14 732€ - 70 223€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
21 944 € × 1.0x
Estimation 21 329 €
12 127€ - 67 317€
Revenue Multiple 30%
243 198 € × 0.18x
Estimation 43 881 €
19 068€ - 67 531€
Net Income Multiple 20%
15 367 € × 2.8x
Estimation 42 581 €
14 742€ - 81 532€
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 CHAUDRONNERIE SERRURERIE MAINTENANCE 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 CHAUDRONNERIE SERRURERIE MAINTENANCE

What is the revenue of CHAUDRONNERIE SERRURERIE MAINTENANCE ?

The revenue of CHAUDRONNERIE SERRURERIE MAINTENANCE in 2017 is 243 k€.

Is CHAUDRONNERIE SERRURERIE MAINTENANCE profitable?

Yes, CHAUDRONNERIE SERRURERIE MAINTENANCE generated a net profit of 15 k€ in 2017.

Where is the headquarters of CHAUDRONNERIE SERRURERIE MAINTENANCE ?

The headquarters of CHAUDRONNERIE SERRURERIE MAINTENANCE is located in SEIGNOSSE (40510), in the department Landes.

Where to find the tax return of CHAUDRONNERIE SERRURERIE MAINTENANCE ?

The tax return of CHAUDRONNERIE SERRURERIE MAINTENANCE 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 CHAUDRONNERIE SERRURERIE MAINTENANCE operate?

CHAUDRONNERIE SERRURERIE MAINTENANCE 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.