COMPOSITES SANITAIRE ET INDUSTRIE : revenue, balance sheet and financial ratios

COMPOSITES SANITAIRE ET INDUSTRIE is a French company founded 26 years ago, specialized in the sector Fabrication de pièces techniques à base de matières plastiques. Based in MARSEILLE (13011), this company of category PME shows in 2023 a revenue of 3.4 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 - COMPOSITES SANITAIRE ET INDUSTRIE (SIREN 431665959)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 3 427 544 € 3 812 019 € 3 335 515 € 2 435 295 € 3 024 537 € 2 718 254 € 2 788 033 € 2 866 262 €
Net income 419 532 € 438 576 € 296 542 € 96 243 € 207 923 € 138 482 € 155 563 € 115 332 €
EBITDA 584 682 € 622 211 € 481 105 € 141 783 € 333 642 € 245 061 € 327 001 € 160 224 €
Net margin 12.2% 11.5% 8.9% 4.0% 6.9% 5.1% 5.6% 4.0%

Revenue and income statement

In 2023, COMPOSITES SANITAIRE ET INDUSTRIE achieves revenue of 3.4 M€. Revenue is growing positively over 8 years (CAGR: +2.6%). Significant drop of -10% vs 2022. After deducting consumption (210 k€), gross margin stands at 3.2 M€, i.e. a rate of 94%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 585 k€, representing 17.1% 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 420 k€, i.e. 12.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 427 544 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 217 320 €

EBITDA (2023) ?
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

584 682 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

527 804 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

419 532 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

17.1%

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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 96%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 46%. 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 4.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 13.9% 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 (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

96.388%

Financial autonomy (2023) ?
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

45.557%

Cash flow / Revenue (2023) ?
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

13.902%

Repayment capacity (2023) ?
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

4.096

Asset age ratio (2023) ?
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

16.8%

Solvency indicators evolution
COMPOSITES SANITAIRE ET INDUSTRIE

Sector positioning

Debt ratio
96.39 2023
2021
2022
2023
Q1: 8.29
Med: 30.24
Q3: 71.9
Watch +50 pts over 3 years

In 2023, the debt ratio of COMPOSITES SANITAIRE ET I... (96.39) 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
45.56% 2023
2021
2022
2023
Q1: 29.98%
Med: 47.62%
Q3: 64.62%
Average -39 pts over 3 years

In 2023, the financial autonomy of COMPOSITES SANITAIRE ET I... (45.6%) 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
4.1 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 1.09 years
Q3: 2.9 years
Average +50 pts over 3 years

In 2023, the repayment capacity of COMPOSITES SANITAIRE ET I... (4.10) 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 679.33. 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 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2023) ?
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

679.334

Interest coverage (2023) ?
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

0.756

Liquidity indicators evolution
COMPOSITES SANITAIRE ET INDUSTRIE

Sector positioning

Liquidity ratio
679.33 2023
2021
2022
2023
Q1: 177.58
Med: 269.52
Q3: 387.68
Excellent

In 2023, the liquidity ratio of COMPOSITES SANITAIRE ET I... (679.33) 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.

Interest coverage
0.76x 2023
2021
2022
2023
Q1: 0.0x
Med: 2.21x
Q3: 7.71x
Average

In 2023, the interest coverage of COMPOSITES SANITAIRE ET I... (0.8x) 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: 61 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. The company must finance 13 days of gap between collections and payments. Inventory turnover is 45 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 109 days of revenue, i.e. 1.0 M€ to permanently finance.

Operating WCR (2023) ?
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

1 041 973 €

Customer credit (2023) ?
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

61 j

Supplier credit (2023) ?
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

48 j

Inventory turnover (2023) ?
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

45 j

WCR in days of revenue (2023) ?
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

109 j

WCR and payment terms evolution
COMPOSITES SANITAIRE ET INDUSTRIE

Positioning of COMPOSITES SANITAIRE ET INDUSTRIE in its sector

Comparison with sector Fabrication de pièces techniques à base de matières plastiques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (46 transactions). This range of 292 576€ to 1 787 819€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
292k€ 964k€ 1787k€
964 239 € Range: 292 576€ - 1 787 819€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 46 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 de pièces techniques à base de matières plastiques)

Compare COMPOSITES SANITAIRE ET INDUSTRIE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de pièces techniques à base de matières plastiques

Frequently asked questions about COMPOSITES SANITAIRE ET INDUSTRIE

What is the revenue of COMPOSITES SANITAIRE ET INDUSTRIE ?

The revenue of COMPOSITES SANITAIRE ET INDUSTRIE in 2023 is 3.4 M€.

Is COMPOSITES SANITAIRE ET INDUSTRIE profitable?

Yes, COMPOSITES SANITAIRE ET INDUSTRIE generated a net profit of 420 k€ in 2023.

Where is the headquarters of COMPOSITES SANITAIRE ET INDUSTRIE ?

The headquarters of COMPOSITES SANITAIRE ET INDUSTRIE is located in MARSEILLE (13011), in the department Bouches-du-Rhone.

Where to find the tax return of COMPOSITES SANITAIRE ET INDUSTRIE ?

The tax return of COMPOSITES SANITAIRE ET INDUSTRIE 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 COMPOSITES SANITAIRE ET INDUSTRIE operate?

COMPOSITES SANITAIRE ET INDUSTRIE operates in the sector Fabrication de pièces techniques à base de matières plastiques (NAF code 22.29A). See the 'Sector positioning' section above to compare the company with its competitors.