COUVERTURE MODERNE ET ARTISANALE : revenue, balance sheet and financial ratios

COUVERTURE MODERNE ET ARTISANALE is a French company founded 27 years ago, specialized in the sector Travaux de couverture par éléments. Based in SAINT-PATRICE-DE-CLAIDS (50190), this company of category PME shows in 2023 a revenue of 691 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - COUVERTURE MODERNE ET ARTISANALE (SIREN 421178393)
Indicator 2023 2022 2017
Revenue 690 716 € N/C 387 925 €
Net income 78 435 € 105 070 € 9 169 €
EBITDA 114 985 € N/C 11 930 €
Net margin 11.4% N/C 2.4%

Revenue and income statement

In 2023, COUVERTURE MODERNE ET ARTISANALE achieves revenue of 691 k€. Over the period 2017-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +10.1%. After deducting consumption (214 k€), gross margin stands at 476 k€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 115 k€, representing 16.6% 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 78 k€, i.e. 11.4% 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

690 716 €

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

476 273 €

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

114 985 €

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

100 346 €

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

78 435 €

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

16.6%

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Chart evolution

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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 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 56%. 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 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.8% 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

8.499%

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

55.897%

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

12.766%

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

0.199

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

27.5%

Solvency indicators evolution
COUVERTURE MODERNE ET ARTISANALE

Sector positioning

Debt ratio
8.5 2023
2017
2022
2023
Q1: 5.03
Med: 25.02
Q3: 60.82
Good

In 2023, the debt ratio of COUVERTURE MODERNE ET ART... (8.50) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
55.9% 2023
2017
2022
2023
Q1: 18.6%
Med: 38.44%
Q3: 57.01%
Good +50 pts over 3 years

In 2023, the financial autonomy of COUVERTURE MODERNE ET ART... (55.9%) 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
0.2 years 2023
2017
2023
Q1: 0.0 years
Med: 0.43 years
Q3: 1.39 years
Good -39 pts over 2 years

In 2023, the repayment capacity of COUVERTURE MODERNE ET ART... (0.20) 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 185.06. 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 0.3x. 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

185.065

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

0.285

Liquidity indicators evolution
COUVERTURE MODERNE ET ARTISANALE

Sector positioning

Liquidity ratio
185.06 2023
2017
2022
2023
Q1: 150.29
Med: 212.77
Q3: 303.0
Average +16 pts over 3 years

In 2023, the liquidity ratio of COUVERTURE MODERNE ET ART... (185.06) 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
0.28x 2023
2017
2023
Q1: 0.0x
Med: 0.68x
Q3: 2.49x
Average -29 pts over 2 years

In 2023, the interest coverage of COUVERTURE MODERNE ET ART... (0.3x) 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: 4 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. Excellent situation: suppliers finance 32 days of the operating cycle (retail model). Inventory turnover is 11 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-34 days): operations structurally generate cash. Over 2017-2023, WCR increased by +45%, requiring additional financing.

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

-65 666 €

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

4 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

36 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

11 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

-34 j

WCR and payment terms evolution
COUVERTURE MODERNE ET ARTISANALE

Positioning of COUVERTURE MODERNE ET ARTISANALE in its sector

Comparison with sector Travaux de couverture par éléments

Valuation estimate

Based on 113 transactions of similar company sales (all years), the value of COUVERTURE MODERNE ET ARTISANALE is estimated at 203 806 € (range 95 767€ - 335 342€). With an EBITDA of 114 985€, the sector multiple of 2.2x is applied. The price/revenue ratio is 0.16x (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 2023
113 transactions
95k€ 203k€ 335k€
203 806 € Range: 95 767€ - 335 342€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
114 985 € × 2.2x
Estimation 258 677 €
106 770€ - 415 045€
Revenue Multiple 30%
690 716 € × 0.16x
Estimation 107 125 €
69 652€ - 175 326€
Net Income Multiple 20%
78 435 € × 2.7x
Estimation 211 650 €
107 434€ - 376 108€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 113 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 (Travaux de couverture par éléments)

Compare COUVERTURE MODERNE ET ARTISANALE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de couverture par éléments

Frequently asked questions about COUVERTURE MODERNE ET ARTISANALE

What is the revenue of COUVERTURE MODERNE ET ARTISANALE ?

The revenue of COUVERTURE MODERNE ET ARTISANALE in 2023 is 691 k€.

Is COUVERTURE MODERNE ET ARTISANALE profitable?

Yes, COUVERTURE MODERNE ET ARTISANALE generated a net profit of 78 k€ in 2023.

Where is the headquarters of COUVERTURE MODERNE ET ARTISANALE ?

The headquarters of COUVERTURE MODERNE ET ARTISANALE is located in SAINT-PATRICE-DE-CLAIDS (50190), in the department Manche.

Where to find the tax return of COUVERTURE MODERNE ET ARTISANALE ?

The tax return of COUVERTURE MODERNE ET ARTISANALE 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 COUVERTURE MODERNE ET ARTISANALE operate?

COUVERTURE MODERNE ET ARTISANALE operates in the sector Travaux de couverture par éléments (NAF code 43.91B). See the 'Sector positioning' section above to compare the company with its competitors.