SIREN : 937150100
ETS CANARD is a French company founded 55 years ago, specialized in the sector Autres activités manufacturières n.c.a. . Based in MOLINET (03510), this company of category PME shows in 2023 a revenue of 12.9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 12 856 066 € | 13 143 935 € | 11 313 710 € | 9 862 717 € | 9 795 296 € | 9 703 494 € | 9 458 994 € |
| Net income | 259 147 € | -36 507 € | 52 253 € | 46 711 € | -14 167 € | -62 128 € | 15 320 € |
| EBITDA | -3 527 € | 358 758 € | 417 674 € | 334 158 € | 131 380 € | 112 637 € | 385 206 € |
| Net margin | 2.0% | -0.3% | 0.5% | 0.5% | -0.1% | -0.6% | 0.2% |
In 2023, ETS CANARD achieves revenue of 12.9 M€. Revenue is growing positively over 7 years (CAGR: +4.5%). Slight decline of -2% vs 2021. After deducting consumption (5.7 M€), gross margin stands at 7.2 M€, i.e. a rate of 56%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -4 k€, representing -0.0% of revenue. Warning negative scissor effect: despite revenue change (-2%), EBITDA varies by -101%, reducing margin by 2.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 259 k€, i.e. 2.0% of revenue. This profit can be retained or distributed to shareholders.
12 856 066 €
7 156 723 €
-3 527 €
-359 321 €
259 147 €
-0.0%
The debt ratio (= Financial debt / Equity x 100) stands at 105%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 33%. The balance between equity and debt is satisfactory.
105.143%
33.41%
-2.724%
-4.409
35.3%
In 2023, the debt ratio of ETS CANARD (105.14) 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.
In 2023, the financial autonomy of ETS CANARD (33.4%) 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.
In 2023, the repayment capacity of ETS CANARD (-4.41) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 131.95. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
131.946
-5508.364
In 2023, the liquidity ratio of ETS CANARD (131.95) 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.
In 2023, the interest coverage of ETS CANARD (-5508.4x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 66 days. Favorable situation: supplier credit is longer than customer credit by 17 days. Inventory turnover is 131 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 153 days of revenue, i.e. 5.5 M€ to permanently finance.
5 479 384 €
49 j
66 j
131 j
153 j
Based on 101 transactions of similar company sales (all years), the value of ETS CANARD is estimated at 2 105 192 € (range 951 028€ - 3 876 632€). The price/revenue ratio is 0.24x (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.
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This estimate is based on the analysis of 101 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare ETS CANARD with other companies in the same sector:
Voir toutes les statistiques du secteur Autres activités manufacturières n.c.a.
The revenue of ETS CANARD in 2023 is 12.9 M€.
Yes, ETS CANARD generated a net profit of 259 k€ in 2023.
The headquarters of ETS CANARD is located in MOLINET (03510), in the department Allier.
The tax return of ETS CANARD 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).
ETS CANARD operates in the sector Autres activités manufacturières n.c.a. (NAF code 32.99Z). See the 'Sector positioning' section above to compare the company with its competitors.