COMPAGNIE DES PRIMEURS DE LA MANCHE : revenue, balance sheet and financial ratios

COMPAGNIE DES PRIMEURS DE LA MANCHE is a French company founded 23 years ago, specialized in the sector Activités de conditionnement. Based in CREANCES (50710), this company of category PME shows in 2024 a revenue of 18.1 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 - COMPAGNIE DES PRIMEURS DE LA MANCHE (SIREN 447478207)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 18 133 708 € 8 354 371 € 8 085 663 € 7 864 883 € 7 598 325 € 7 156 048 € 6 751 298 € 6 859 913 € 6 295 357 €
Net income -211 732 € 82 581 € 98 171 € 285 353 € 84 989 € 125 390 € -52 965 € 69 395 € 15 042 €
EBITDA 565 429 € 756 436 € 658 837 € 1 010 003 € 606 166 € 404 108 € 450 518 € 414 557 € 476 690 €
Net margin -1.2% 1.0% 1.2% 3.6% 1.1% 1.8% -0.8% 1.0% 0.2%

Revenue and income statement

In 2024, COMPAGNIE DES PRIMEURS DE LA MANCHE achieves revenue of 18.1 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +14.1%. Vs 2023, growth of +117% (8.4 M€ -> 18.1 M€). After deducting consumption (11.2 M€), gross margin stands at 7.0 M€, i.e. a rate of 38%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 565 k€, representing 3.1% of revenue. Warning negative scissor effect: despite revenue change (+117%), EBITDA varies by -25%, reducing margin by 5.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -212 k€ (-1.2% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

18 133 708 €

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

6 973 579 €

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

565 429 €

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

-285 539 €

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

-211 732 €

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

3.1%

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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 76%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 40%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 10.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

76.074%

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

39.791%

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

2.406%

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

10.154

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

43.1%

Solvency indicators evolution
COMPAGNIE DES PRIMEURS DE LA MANCHE

Sector positioning

Debt ratio
76.07 2024
2022
2023
2024
Q1: 0.0
Med: 15.98
Q3: 81.99
Average

In 2024, the debt ratio of COMPAGNIE DES PRIMEURS DE... (76.07) 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
39.79% 2024
2022
2023
2024
Q1: 12.58%
Med: 32.91%
Q3: 57.03%
Good

In 2024, the financial autonomy of COMPAGNIE DES PRIMEURS DE... (39.8%) 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
10.15 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.95 years
Watch

In 2024, the repayment capacity of COMPAGNIE DES PRIMEURS DE... (10.15) 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 185.96. 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 18.8x. Operating income very largely covers interest expenses: high safety margin.

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

185.962

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

18.758

Liquidity indicators evolution
COMPAGNIE DES PRIMEURS DE LA MANCHE

Sector positioning

Liquidity ratio
185.96 2024
2022
2023
2024
Q1: 121.0
Med: 186.75
Q3: 316.6
Average

In 2024, the liquidity ratio of COMPAGNIE DES PRIMEURS DE... (185.96) 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
18.76x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.44x
Q3: 6.5x
Excellent

In 2024, the interest coverage of COMPAGNIE DES PRIMEURS DE... (18.8x) 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: 63 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 82 days. Favorable situation: supplier credit is longer than customer credit by 19 days. Inventory turnover is 29 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 115 days of revenue, i.e. 5.8 M€ to permanently finance. Over 2016-2024, WCR increased by +447%, 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

5 774 135 €

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

63 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

82 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

29 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

115 j

WCR and payment terms evolution
COMPAGNIE DES PRIMEURS DE LA MANCHE

Positioning of COMPAGNIE DES PRIMEURS DE LA MANCHE in its sector

Comparison with sector Activités de conditionnement

Valuation estimate

Based on 158 transactions of similar company sales (all years), the value of COMPAGNIE DES PRIMEURS DE LA MANCHE is estimated at 3 601 971 € (range 1 648 078€ - 7 336 971€). With an EBITDA of 565 429€, the sector multiple of 3.3x is applied. The price/revenue ratio is 0.36x (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 2024
158 transactions
1648k€ 3601k€ 7336k€
3 601 971 € Range: 1 648 078€ - 7 336 971€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
565 429 € × 3.3x
Estimation 1 885 549 €
610 129€ - 4 472 544€
Revenue Multiple 30%
18 133 708 € × 0.36x
Estimation 6 462 675 €
3 377 995€ - 12 111 017€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 158 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 (Activités de conditionnement)

Compare COMPAGNIE DES PRIMEURS DE LA MANCHE with other companies in the same sector:

Voir toutes les statistiques du secteur Activités de conditionnement

Frequently asked questions about COMPAGNIE DES PRIMEURS DE LA MANCHE

What is the revenue of COMPAGNIE DES PRIMEURS DE LA MANCHE ?

The revenue of COMPAGNIE DES PRIMEURS DE LA MANCHE in 2024 is 18.1 M€.

Is COMPAGNIE DES PRIMEURS DE LA MANCHE profitable?

COMPAGNIE DES PRIMEURS DE LA MANCHE recorded a net loss in 2024.

Where is the headquarters of COMPAGNIE DES PRIMEURS DE LA MANCHE ?

The headquarters of COMPAGNIE DES PRIMEURS DE LA MANCHE is located in CREANCES (50710), in the department Manche.

Where to find the tax return of COMPAGNIE DES PRIMEURS DE LA MANCHE ?

The tax return of COMPAGNIE DES PRIMEURS DE LA MANCHE 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 COMPAGNIE DES PRIMEURS DE LA MANCHE operate?

COMPAGNIE DES PRIMEURS DE LA MANCHE operates in the sector Activités de conditionnement (NAF code 82.92Z). See the 'Sector positioning' section above to compare the company with its competitors.