EMBALLAGES DU COMTAT VENAISSIN S.A : revenue, balance sheet and financial ratios

EMBALLAGES DU COMTAT VENAISSIN S.A is a French company founded 50 years ago, specialized in the sector Fabrication d'emballages en bois. Based in ORANGE (84100), this company of category PME shows in 2023 a revenue of 5.8 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 - EMBALLAGES DU COMTAT VENAISSIN S.A (SIREN 305809790)
Indicator 2023 2022 2020 2019 2018 2017 2016
Revenue 5 809 926 € 6 388 862 € N/C 4 241 805 € 2 989 374 € 2 787 430 € 2 125 962 €
Net income 30 711 € 441 256 € -194 849 € 17 739 € 174 188 € 1 261 € 32 882 €
EBITDA 124 531 € 591 492 € N/C 88 184 € 232 465 € -17 060 € 93 472 €
Net margin 0.5% 6.9% N/C 0.4% 5.8% 0.0% 1.5%

Revenue and income statement

In 2023, EMBALLAGES DU COMTAT VENAISSIN S.A achieves revenue of 5.8 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +15.4%. Slight decline of -9% vs 2022. After deducting consumption (3.1 M€), gross margin stands at 2.7 M€, i.e. a rate of 47%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 125 k€, representing 2.1% of revenue. Warning negative scissor effect: despite revenue change (-9%), EBITDA varies by -79%, reducing margin by 7.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 31 k€, i.e. 0.5% 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

5 809 926 €

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

2 728 370 €

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

124 531 €

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

64 044 €

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

30 711 €

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

2.1%

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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 133%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 26%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.3 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 (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

132.717%

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

26.396%

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

2.365%

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

7.268

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

37.2%

Solvency indicators evolution
EMBALLAGES DU COMTAT VENAISSIN S.A

Sector positioning

Debt ratio
132.72 2023
2020
2022
2023
Q1: 9.23
Med: 27.45
Q3: 68.33
Watch

In 2023, the debt ratio of EMBALLAGES DU COMTAT VENA... (132.72) 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
26.4% 2023
2020
2022
2023
Q1: 33.05%
Med: 52.76%
Q3: 67.32%
Average

In 2023, the financial autonomy of EMBALLAGES DU COMTAT VENA... (26.4%) 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
7.27 years 2023
2022
2023
Q1: 0.11 years
Med: 0.95 years
Q3: 2.9 years
Watch +13 pts over 2 years

In 2023, the repayment capacity of EMBALLAGES DU COMTAT VENA... (7.27) 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 166.13. 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 24.7x. Operating income very largely covers interest expenses: high safety margin.

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

166.134

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

24.682

Liquidity indicators evolution
EMBALLAGES DU COMTAT VENAISSIN S.A

Sector positioning

Liquidity ratio
166.13 2023
2020
2022
2023
Q1: 179.13
Med: 278.72
Q3: 409.46
Watch

In 2023, the liquidity ratio of EMBALLAGES DU COMTAT VENA... (166.13) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
24.68x 2023
2022
2023
Q1: 0.22x
Med: 1.69x
Q3: 6.74x
Excellent +24 pts over 2 years

In 2023, the interest coverage of EMBALLAGES DU COMTAT VENA... (24.7x) 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: 60 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 77 days. Favorable situation: supplier credit is longer than customer credit by 17 days. Inventory turnover is 70 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 126 days of revenue, i.e. 2.0 M€ to permanently finance. Over 2016-2023, WCR increased by +107%, 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

2 028 303 €

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

60 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

77 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

70 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

126 j

WCR and payment terms evolution
EMBALLAGES DU COMTAT VENAISSIN S.A

Positioning of EMBALLAGES DU COMTAT VENAISSIN S.A 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 195 673€ to 680 394€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
195k€ 360k€ 680k€
360 446 € Range: 195 673€ - 680 394€
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 EMBALLAGES DU COMTAT VENAISSIN S.A with other companies in the same sector:

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

Frequently asked questions about EMBALLAGES DU COMTAT VENAISSIN S.A

What is the revenue of EMBALLAGES DU COMTAT VENAISSIN S.A ?

The revenue of EMBALLAGES DU COMTAT VENAISSIN S.A in 2023 is 5.8 M€.

Is EMBALLAGES DU COMTAT VENAISSIN S.A profitable?

Yes, EMBALLAGES DU COMTAT VENAISSIN S.A generated a net profit of 31 k€ in 2023.

Where is the headquarters of EMBALLAGES DU COMTAT VENAISSIN S.A ?

The headquarters of EMBALLAGES DU COMTAT VENAISSIN S.A is located in ORANGE (84100), in the department Vaucluse.

Where to find the tax return of EMBALLAGES DU COMTAT VENAISSIN S.A ?

The tax return of EMBALLAGES DU COMTAT VENAISSIN S.A 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 EMBALLAGES DU COMTAT VENAISSIN S.A operate?

EMBALLAGES DU COMTAT VENAISSIN S.A 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.