ETABLISSEMENT CANCE : revenue, balance sheet and financial ratios

ETABLISSEMENT CANCE is a French company founded 55 years ago, specialized in the sector Préparation industrielle de produits à base de viande. Based in VILLENEUVE (12260), this company of category ETI shows in 2023 a revenue of 6.3 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 - ETABLISSEMENT CANCE (SIREN 427180278)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 6 304 935 € 5 552 076 € 5 084 642 € 4 413 686 € 3 862 400 € 3 704 803 € 3 498 797 € 3 429 325 €
Net income 31 703 € 158 515 € 211 703 € 30 555 € -39 806 € 14 918 € -6 595 € -12 012 €
EBITDA 141 388 € 191 335 € 322 327 € 138 341 € 18 331 € 15 645 € -1 412 € 12 285 €
Net margin 0.5% 2.9% 4.2% 0.7% -1.0% 0.4% -0.2% -0.4%

Revenue and income statement

In 2023, ETABLISSEMENT CANCE achieves revenue of 6.3 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +9.1%. Vs 2022, growth of +14% (5.6 M€ -> 6.3 M€). After deducting consumption (4.0 M€), gross margin stands at 2.3 M€, i.e. a rate of 37%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 141 k€, representing 2.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 32 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

6 304 935 €

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

2 320 477 €

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

141 388 €

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

25 525 €

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

31 703 €

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

2.2%

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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 25%. 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 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.2% 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

24.785%

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

36.097%

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

2.172%

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

1.55

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

18.7%

Solvency indicators evolution
ETABLISSEMENT CANCE

Sector positioning

Debt ratio
24.79 2023
2021
2022
2023
Q1: 5.41
Med: 32.2
Q3: 105.13
Good -29 pts over 3 years

In 2023, the debt ratio of ETABLISSEMENT CANCE (24.79) 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
36.1% 2023
2021
2022
2023
Q1: 20.43%
Med: 43.07%
Q3: 61.58%
Average

In 2023, the financial autonomy of ETABLISSEMENT CANCE (36.1%) 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
1.55 years 2023
2021
2022
2023
Q1: -0.01 years
Med: 0.86 years
Q3: 3.23 years
Average

In 2023, the repayment capacity of ETABLISSEMENT CANCE (1.55) 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 153.47. 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 10.4x. 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

153.471

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

10.383

Liquidity indicators evolution
ETABLISSEMENT CANCE

Sector positioning

Liquidity ratio
153.47 2023
2021
2022
2023
Q1: 150.25
Med: 215.83
Q3: 310.71
Average -32 pts over 3 years

In 2023, the liquidity ratio of ETABLISSEMENT CANCE (153.47) 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
10.38x 2023
2021
2022
2023
Q1: 0.0x
Med: 1.02x
Q3: 7.4x
Excellent +20 pts over 3 years

In 2023, the interest coverage of ETABLISSEMENT CANCE (10.4x) 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: 24 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 29 days. Favorable situation: supplier credit is longer than customer credit by 5 days. Inventory turnover is 73 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 56 days of revenue, i.e. 975 k€ to permanently finance. Over 2016-2023, WCR increased by +24%, 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

974 995 €

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

24 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

29 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

73 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

56 j

WCR and payment terms evolution
ETABLISSEMENT CANCE

Positioning of ETABLISSEMENT CANCE in its sector

Comparison with sector Préparation industrielle de produits à base de viande

Valuation estimate

Based on 108 transactions of similar company sales (all years), the value of ETABLISSEMENT CANCE is estimated at 770 989 € (range 422 102€ - 1 475 556€). With an EBITDA of 141 388€, the sector multiple of 3.6x is applied. The price/revenue ratio is 0.26x (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
108 transactions
422k€ 770k€ 1475k€
770 989 € Range: 422 102€ - 1 475 556€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
141 388 € × 3.6x
Estimation 514 932 €
313 116€ - 1 134 812€
Revenue Multiple 30%
6 304 935 € × 0.26x
Estimation 1 619 546 €
852 505€ - 2 752 433€
Net Income Multiple 20%
31 703 € × 4.4x
Estimation 138 296 €
48 963€ - 412 102€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 108 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 (Préparation industrielle de produits à base de viande)

Compare ETABLISSEMENT CANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Préparation industrielle de produits à base de viande

Frequently asked questions about ETABLISSEMENT CANCE

What is the revenue of ETABLISSEMENT CANCE ?

The revenue of ETABLISSEMENT CANCE in 2023 is 6.3 M€.

Is ETABLISSEMENT CANCE profitable?

Yes, ETABLISSEMENT CANCE generated a net profit of 32 k€ in 2023.

Where is the headquarters of ETABLISSEMENT CANCE ?

The headquarters of ETABLISSEMENT CANCE is located in VILLENEUVE (12260), in the department Aveyron.

Where to find the tax return of ETABLISSEMENT CANCE ?

The tax return of ETABLISSEMENT CANCE 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 ETABLISSEMENT CANCE operate?

ETABLISSEMENT CANCE operates in the sector Préparation industrielle de produits à base de viande (NAF code 10.13A). See the 'Sector positioning' section above to compare the company with its competitors.