SIREN : 484507850
COGNAC TESTAUD is a French company founded 20 years ago, specialized in the sector Production de boissons alcooliques distillées. Based in MONTMERAC (16300), this company of category PME shows in 2023 a revenue of 418 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2018 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 417 756 € | 878 527 € | 423 737 € | N/C | 333 861 € | 482 708 € |
| Net income | -20 671 € | 95 317 € | 118 973 € | 43 548 € | 46 303 € | 57 463 € |
| EBITDA | -11 907 € | 107 780 € | 132 982 € | N/C | 68 860 € | 90 605 € |
| Net margin | -4.9% | 10.8% | 28.1% | N/C | 13.9% | 11.9% |
In 2023, COGNAC TESTAUD achieves revenue of 418 k€. Activity remains stable over the period (CAGR: -2.0%). Significant drop of -52% vs 2022. After deducting consumption (342 k€), gross margin stands at 76 k€, i.e. a rate of 18%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -12 k€, representing -2.9% of revenue. Warning negative scissor effect: despite revenue change (-52%), EBITDA varies by -111%, reducing margin by 15.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -21 k€ (-4.9% of revenue), which will impact equity.
417 756 €
76 016 €
-11 907 €
-20 177 €
-20 671 €
-2.9%
The debt ratio (= Financial debt / Equity x 100) stands at 8%. 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 87%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
7.98%
87.071%
-2.969%
-5.557
24.7%
In 2023, the debt ratio of COGNAC TESTAUD (7.98) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of COGNAC TESTAUD (87.1%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2023, the repayment capacity of COGNAC TESTAUD (-5.56) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 1575.97. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
1575.969
-4.157
In 2023, the liquidity ratio of COGNAC TESTAUD (1575.97) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2023, the interest coverage of COGNAC TESTAUD (-4.2x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 38 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 17 days. The company must finance 21 days of gap between collections and payments. Inventory turnover is 403 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 465 days of revenue, i.e. 539 k€ to permanently finance.
539 260 €
38 j
17 j
403 j
465 j
Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 26 228€ to 136 813€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 22 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare COGNAC TESTAUD with other companies in the same sector:
Voir toutes les statistiques du secteur Production de boissons alcooliques distillées
The revenue of COGNAC TESTAUD in 2023 is 418 k€.
COGNAC TESTAUD recorded a net loss in 2023.
The headquarters of COGNAC TESTAUD is located in MONTMERAC (16300), in the department Charente.
The tax return of COGNAC TESTAUD 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).
COGNAC TESTAUD operates in the sector Production de boissons alcooliques distillées (NAF code 11.01Z). See the 'Sector positioning' section above to compare the company with its competitors.