ETABLISSEMENTS FRADIN ET COMPAGNIE : revenue, balance sheet and financial ratios

ETABLISSEMENTS FRADIN ET COMPAGNIE is a French company founded 53 years ago, specialized in the sector Fabrication de placage et de panneaux de bois. Based in LA PLANCHE (44140), this company of category PME shows in 2023 a revenue of 5.5 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 FRADIN ET COMPAGNIE (SIREN 788034031)
Indicator 2023 2022 2021 2020 2019 2018
Revenue 5 497 495 € 5 892 142 € 4 584 632 € 3 957 242 € 6 217 482 € 6 621 451 €
Net income 163 324 € 129 526 € 17 150 € -195 658 € 168 121 € 376 149 €
EBITDA 195 739 € 214 978 € 206 657 € -123 052 € 372 905 € 647 813 €
Net margin 3.0% 2.2% 0.4% -4.9% 2.7% 5.7%

Revenue and income statement

In 2023, ETABLISSEMENTS FRADIN ET COMPAGNIE achieves revenue of 5.5 M€. Activity remains stable over the period (CAGR: -3.7%). Slight decline of -7% vs 2022. After deducting consumption (2.2 M€), gross margin stands at 3.3 M€, i.e. a rate of 61%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 196 k€, representing 3.6% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 163 k€, i.e. 3.0% 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

5 497 495 €

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

3 326 394 €

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

195 739 €

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

67 477 €

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

163 324 €

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

3.6%

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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 7%. 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 68%. 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 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.8% 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

6.581%

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

67.772%

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

4.774%

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

0.485

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

8.9%

Solvency indicators evolution
ETABLISSEMENTS FRADIN ET COMPAGNIE

Sector positioning

Debt ratio
6.58 2023
2021
2022
2023
Q1: 8.42
Med: 27.46
Q3: 58.64
Excellent -27 pts over 3 years

In 2023, the debt ratio of ETABLISSEMENTS FRADIN ET ... (6.58) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
67.77% 2023
2021
2022
2023
Q1: 33.17%
Med: 52.36%
Q3: 61.46%
Excellent

In 2023, the financial autonomy of ETABLISSEMENTS FRADIN ET ... (67.8%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.48 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 1.11 years
Q3: 2.92 years
Good -48 pts over 3 years

In 2023, the repayment capacity of ETABLISSEMENTS FRADIN ET ... (0.48) 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 348.12. 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 2.0x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

348.115

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

1.956

Liquidity indicators evolution
ETABLISSEMENTS FRADIN ET COMPAGNIE

Sector positioning

Liquidity ratio
348.12 2023
2021
2022
2023
Q1: 167.94
Med: 252.73
Q3: 349.32
Good -18 pts over 3 years

In 2023, the liquidity ratio of ETABLISSEMENTS FRADIN ET ... (348.12) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
1.96x 2023
2021
2022
2023
Q1: 0.01x
Med: 3.94x
Q3: 12.56x
Average -20 pts over 3 years

In 2023, the interest coverage of ETABLISSEMENTS FRADIN ET ... (2.0x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 24 days. Favorable situation: supplier credit is longer than customer credit by 24 days. Inventory turnover is 30 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 59 days of revenue, i.e. 907 k€ to permanently finance. Notable WCR improvement over the period (-49%), freeing up cash.

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

906 537 €

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

0 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

24 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

30 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

59 j

WCR and payment terms evolution
ETABLISSEMENTS FRADIN ET COMPAGNIE

Positioning of ETABLISSEMENTS FRADIN ET COMPAGNIE in its sector

Comparison with sector Fabrication de placage et de panneaux de bois

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (44 transactions). This range of 244 199€ to 1 003 384€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
244k€ 461k€ 1003k€
461 629 € Range: 244 199€ - 1 003 384€
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 de placage et de panneaux de bois)

Compare ETABLISSEMENTS FRADIN ET COMPAGNIE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de placage et de panneaux de bois

Frequently asked questions about ETABLISSEMENTS FRADIN ET COMPAGNIE

What is the revenue of ETABLISSEMENTS FRADIN ET COMPAGNIE ?

The revenue of ETABLISSEMENTS FRADIN ET COMPAGNIE in 2023 is 5.5 M€.

Is ETABLISSEMENTS FRADIN ET COMPAGNIE profitable?

Yes, ETABLISSEMENTS FRADIN ET COMPAGNIE generated a net profit of 163 k€ in 2023.

Where is the headquarters of ETABLISSEMENTS FRADIN ET COMPAGNIE ?

The headquarters of ETABLISSEMENTS FRADIN ET COMPAGNIE is located in LA PLANCHE (44140), in the department Loire-Atlantique.

Where to find the tax return of ETABLISSEMENTS FRADIN ET COMPAGNIE ?

The tax return of ETABLISSEMENTS FRADIN ET COMPAGNIE 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 FRADIN ET COMPAGNIE operate?

ETABLISSEMENTS FRADIN ET COMPAGNIE operates in the sector Fabrication de placage et de panneaux de bois (NAF code 16.21Z). See the 'Sector positioning' section above to compare the company with its competitors.