ETABLISSEMENTS ERNWEIN ET FILS : revenue, balance sheet and financial ratios

ETABLISSEMENTS ERNWEIN ET FILS is a French company founded 67 years ago, specialized in the sector Commerce d'autres véhicules automobiles. Based in ITTENHEIM (67117), this company of category PME shows in 2023 a revenue of 9.9 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 - ETABLISSEMENTS ERNWEIN ET FILS (SIREN 598502367)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 9 879 376 € 12 318 880 € 9 852 835 € 9 004 301 € 12 678 891 € 10 390 462 € 9 127 140 € 9 985 856 €
Net income 159 324 € 341 768 € 144 335 € 19 425 € 86 412 € 124 661 € 122 205 € 93 826 €
EBITDA 187 059 € 391 029 € 308 613 € 75 256 € 7 773 € 273 740 € 176 661 € 152 787 €
Net margin 1.6% 2.8% 1.5% 0.2% 0.7% 1.2% 1.3% 0.9%

Revenue and income statement

In 2023, ETABLISSEMENTS ERNWEIN ET FILS achieves revenue of 9.9 M€. Activity remains stable over the period (CAGR: -0.2%). Significant drop of -20% vs 2022. After deducting consumption (8.3 M€), gross margin stands at 1.6 M€, i.e. a rate of 16%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 187 k€, representing 1.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 159 k€, i.e. 1.6% 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

9 879 376 €

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

1 553 699 €

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

187 059 €

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

208 713 €

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

159 324 €

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

1.9%

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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 27%. 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 3.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.3% 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

26.8%

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

35.823%

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

1.29%

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

3.294

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

13.1%

Solvency indicators evolution
ETABLISSEMENTS ERNWEIN ET FILS

Sector positioning

Debt ratio
26.8 2023
2021
2022
2023
Q1: 8.46
Med: 43.39
Q3: 116.56
Good -19 pts over 3 years

In 2023, the debt ratio of ETABLISSEMENTS ERNWEIN ET... (26.80) 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
35.82% 2023
2021
2022
2023
Q1: 17.32%
Med: 30.45%
Q3: 47.98%
Good +22 pts over 3 years

In 2023, the financial autonomy of ETABLISSEMENTS ERNWEIN ET... (35.8%) 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
3.29 years 2023
2021
2022
2023
Q1: 0.02 years
Med: 0.9 years
Q3: 3.11 years
Average +11 pts over 3 years

In 2023, the repayment capacity of ETABLISSEMENTS ERNWEIN ET... (3.29) 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 176.57. 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 3.5x. Financial charges are adequately covered by operations.

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

176.568

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

3.509

Liquidity indicators evolution
ETABLISSEMENTS ERNWEIN ET FILS

Sector positioning

Liquidity ratio
176.57 2023
2021
2022
2023
Q1: 140.2
Med: 186.4
Q3: 290.05
Average +14 pts over 3 years

In 2023, the liquidity ratio of ETABLISSEMENTS ERNWEIN ET... (176.57) 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
3.51x 2023
2021
2022
2023
Q1: 0.29x
Med: 4.44x
Q3: 14.9x
Average

In 2023, the interest coverage of ETABLISSEMENTS ERNWEIN ET... (3.5x) 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: 35 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 84 days. Excellent situation: suppliers finance 49 days of the operating cycle (retail model). Inventory turnover is 95 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 126 days of revenue, i.e. 3.5 M€ to permanently finance. Over 2016-2023, WCR increased by +41%, 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

3 460 054 €

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

35 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

84 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

95 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
ETABLISSEMENTS ERNWEIN ET FILS

Positioning of ETABLISSEMENTS ERNWEIN ET FILS in its sector

Comparison with sector Commerce d'autres véhicules automobiles

Valuation estimate

Based on 56 transactions of similar company sales (all years), the value of ETABLISSEMENTS ERNWEIN ET FILS is estimated at 472 006 € (range 291 260€ - 1 734 476€). With an EBITDA of 187 059€, the sector multiple of 0.8x is applied. The price/revenue ratio is 0.13x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2023
56 tx
291k€ 472k€ 1734k€
472 006 € Range: 291 260€ - 1 734 476€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
187 059 € × 0.8x
Estimation 149 051 €
49 364€ - 675 620€
Revenue Multiple 30%
9 879 376 € × 0.13x
Estimation 1 235 329 €
869 528€ - 4 301 571€
Net Income Multiple 20%
159 324 € × 0.8x
Estimation 134 415 €
28 599€ - 530 975€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 56 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 (Commerce d'autres véhicules automobiles)

Compare ETABLISSEMENTS ERNWEIN ET FILS with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce d'autres véhicules automobiles

Frequently asked questions about ETABLISSEMENTS ERNWEIN ET FILS

What is the revenue of ETABLISSEMENTS ERNWEIN ET FILS ?

The revenue of ETABLISSEMENTS ERNWEIN ET FILS in 2023 is 9.9 M€.

Is ETABLISSEMENTS ERNWEIN ET FILS profitable?

Yes, ETABLISSEMENTS ERNWEIN ET FILS generated a net profit of 159 k€ in 2023.

Where is the headquarters of ETABLISSEMENTS ERNWEIN ET FILS ?

The headquarters of ETABLISSEMENTS ERNWEIN ET FILS is located in ITTENHEIM (67117), in the department Bas-Rhin.

Where to find the tax return of ETABLISSEMENTS ERNWEIN ET FILS ?

The tax return of ETABLISSEMENTS ERNWEIN ET FILS 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 ETABLISSEMENTS ERNWEIN ET FILS operate?

ETABLISSEMENTS ERNWEIN ET FILS operates in the sector Commerce d'autres véhicules automobiles (NAF code 45.19Z). See the 'Sector positioning' section above to compare the company with its competitors.