COMBE SAVOIE EMBALLAGE : revenue, balance sheet and financial ratios

COMBE SAVOIE EMBALLAGE is a French company founded 20 years ago, specialized in the sector Fabrication d'emballages en bois. Based in VALGELON-LA ROCHETTE (73110), this company of category PME shows in 2024 a revenue of 4.1 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 - COMBE SAVOIE EMBALLAGE (SIREN 482247558)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 4 145 114 € 4 584 380 € 5 013 580 € 3 231 162 € 2 777 939 € 2 819 803 € 2 941 371 € N/C
Net income 392 999 € 419 239 € 461 241 € 239 571 € 188 303 € 180 722 € 205 245 € 213 646 €
EBITDA 674 932 € 695 983 € 770 109 € 448 079 € 333 568 € 287 732 € 345 600 € N/C
Net margin 9.5% 9.1% 9.2% 7.4% 6.8% 6.4% 7.0% N/C

Revenue and income statement

In 2024, COMBE SAVOIE EMBALLAGE achieves revenue of 4.1 M€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.9%. Slight decline of -10% vs 2023. After deducting consumption (1.5 M€), gross margin stands at 2.7 M€, i.e. a rate of 64%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 675 k€, representing 16.3% 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 393 k€, i.e. 9.5% 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

4 145 114 €

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

2 670 098 €

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

674 932 €

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

641 995 €

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

392 999 €

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

16.3%

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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 73%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 10.4% 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 (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

72.798%

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

37.473%

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

10.38%

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

1.234

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

27.1%

Solvency indicators evolution
COMBE SAVOIE EMBALLAGE

Sector positioning

Debt ratio
72.8 2024
2022
2023
2024
Q1: 11.28
Med: 29.01
Q3: 72.26
Average +20 pts over 3 years

In 2024, the debt ratio of COMBE SAVOIE EMBALLAGE (72.80) 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
37.47% 2024
2022
2023
2024
Q1: 37.01%
Med: 54.18%
Q3: 67.76%
Average -16 pts over 3 years

In 2024, the financial autonomy of COMBE SAVOIE EMBALLAGE (37.5%) 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
1.23 years 2024
2022
2023
2024
Q1: 0.25 years
Med: 1.3 years
Q3: 3.99 years
Good +10 pts over 3 years

In 2024, the repayment capacity of COMBE SAVOIE EMBALLAGE (1.23) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 260.95. 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 3.4x. Financial charges are adequately covered by operations.

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

260.955

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

3.351

Liquidity indicators evolution
COMBE SAVOIE EMBALLAGE

Sector positioning

Liquidity ratio
260.95 2024
2022
2023
2024
Q1: 194.02
Med: 291.0
Q3: 453.54
Average

In 2024, the liquidity ratio of COMBE SAVOIE EMBALLAGE (260.95) 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
3.35x 2024
2022
2023
2024
Q1: 0.42x
Med: 3.42x
Q3: 12.99x
Average +14 pts over 3 years

In 2024, the interest coverage of COMBE SAVOIE EMBALLAGE (3.4x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 52 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 38 days. The company must finance 14 days of gap between collections and payments. Inventory turnover is 18 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 49 days of revenue, i.e. 567 k€ to permanently finance.

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

566 969 €

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

52 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

18 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

49 j

WCR and payment terms evolution
COMBE SAVOIE EMBALLAGE

Positioning of COMBE SAVOIE EMBALLAGE in its sector

Comparison with sector Fabrication d'emballages en bois

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (44 transactions). This range of 436 214€ to 2 490 989€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
436k€ 903k€ 2490k€
903 593 € Range: 436 214€ - 2 490 989€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 44 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 (Fabrication d'emballages en bois)

Compare COMBE SAVOIE EMBALLAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'emballages en bois

Frequently asked questions about COMBE SAVOIE EMBALLAGE

What is the revenue of COMBE SAVOIE EMBALLAGE ?

The revenue of COMBE SAVOIE EMBALLAGE in 2024 is 4.1 M€.

Is COMBE SAVOIE EMBALLAGE profitable?

Yes, COMBE SAVOIE EMBALLAGE generated a net profit of 393 k€ in 2024.

Where is the headquarters of COMBE SAVOIE EMBALLAGE ?

The headquarters of COMBE SAVOIE EMBALLAGE is located in VALGELON-LA ROCHETTE (73110), in the department Savoie.

Where to find the tax return of COMBE SAVOIE EMBALLAGE ?

The tax return of COMBE SAVOIE EMBALLAGE 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 COMBE SAVOIE EMBALLAGE operate?

COMBE SAVOIE EMBALLAGE operates in the sector Fabrication d'emballages en bois (NAF code 16.24Z). See the 'Sector positioning' section above to compare the company with its competitors.