ETS CARNIEL SONAPLAST : revenue, balance sheet and financial ratios

ETS CARNIEL SONAPLAST is a French company founded 67 years ago, specialized in the sector Fabrication de portes et fenêtres en métal. Based in SAINT-JUST-DE-CLAIX (38680), this company of category PME shows in 2024 a revenue of 18.3 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 - ETS CARNIEL SONAPLAST (SIREN 775572829)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 18 255 197 € 22 100 257 € 19 207 187 € 17 654 648 € 15 791 181 € 16 070 544 € 15 515 077 € 14 502 285 € 13 935 733 €
Net income -734 797 € 671 951 € -875 005 € 252 801 € 154 425 € 126 625 € 120 147 € 243 576 € 346 372 €
EBITDA -327 439 € 1 237 685 € -571 769 € 388 301 € 300 374 € 346 547 € 466 288 € 539 553 € 691 554 €
Net margin -4.0% 3.0% -4.6% 1.4% 1.0% 0.8% 0.8% 1.7% 2.5%

Revenue and income statement

In 2024, ETS CARNIEL SONAPLAST achieves revenue of 18.3 M€. Revenue is growing positively over 9 years (CAGR: +3.4%). Significant drop of -17% vs 2023. After deducting consumption (10.1 M€), gross margin stands at 8.2 M€, i.e. a rate of 45%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -327 k€, representing -1.8% of revenue. Warning negative scissor effect: despite revenue change (-17%), EBITDA varies by -126%, reducing margin by 7.4 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -735 k€ (-4.0% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

18 255 197 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

8 183 093 €

EBITDA (2024) ?
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

-327 439 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-833 257 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-734 797 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-1.8%

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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 115%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 29%. The balance between equity and debt is satisfactory.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

115.249%

Financial autonomy (2024) ?
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

28.776%

Cash flow / Revenue (2024) ?
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

-1.846%

Repayment capacity (2024) ?
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

-11.313

Asset age ratio (2024) ?
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

46.6%

Solvency indicators evolution
ETS CARNIEL SONAPLAST

Sector positioning

Debt ratio
115.25 2024
2022
2023
2024
Q1: 5.87
Med: 21.13
Q3: 53.41
Watch

In 2024, the debt ratio of ETS CARNIEL SONAPLAST (115.25) 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
28.78% 2024
2022
2023
2024
Q1: 28.78%
Med: 45.85%
Q3: 61.93%
Average

In 2024, the financial autonomy of ETS CARNIEL SONAPLAST (28.8%) 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
-11.31 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.53 years
Q3: 2.28 years
Excellent

In 2024, the repayment capacity of ETS CARNIEL SONAPLAST (-11.31) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 193.59. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

193.587

Interest coverage (2024) ?
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

-18.337

Liquidity indicators evolution
ETS CARNIEL SONAPLAST

Sector positioning

Liquidity ratio
193.59 2024
2022
2023
2024
Q1: 170.3
Med: 231.72
Q3: 334.54
Average +20 pts over 3 years

In 2024, the liquidity ratio of ETS CARNIEL SONAPLAST (193.59) 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
-18.34x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.05x
Q3: 6.2x
Watch

In 2024, the interest coverage of ETS CARNIEL SONAPLAST (-18.3x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. The company must finance 9 days of gap between collections and payments. Inventory turnover is 45 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 87 days of revenue, i.e. 4.4 M€ to permanently finance. Over 2016-2024, WCR increased by +26%, requiring additional financing.

Operating WCR (2024) ?
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

4 430 719 €

Customer credit (2024) ?
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

57 j

Supplier credit (2024) ?
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

48 j

Inventory turnover (2024) ?
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

45 j

WCR in days of revenue (2024) ?
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

87 j

WCR and payment terms evolution
ETS CARNIEL SONAPLAST

Positioning of ETS CARNIEL SONAPLAST in its sector

Comparison with sector Fabrication de portes et fenêtres en métal

Valuation estimate

Based on 75 transactions of similar company sales (all years), the value of ETS CARNIEL SONAPLAST is estimated at 2 842 078 € (range 1 294 031€ - 4 133 472€). The price/revenue ratio is 0.16x (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 2024
75 tx
1294k€ 2842k€ 4133k€
2 842 078 € Range: 1 294 031€ - 4 133 472€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
18 255 197 € × 0.16x = 2 842 078 €
Range: 1 294 031€ - 4 133 473€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 75 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 portes et fenêtres en métal)

Compare ETS CARNIEL SONAPLAST with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de portes et fenêtres en métal

Frequently asked questions about ETS CARNIEL SONAPLAST

What is the revenue of ETS CARNIEL SONAPLAST ?

The revenue of ETS CARNIEL SONAPLAST in 2024 is 18.3 M€.

Is ETS CARNIEL SONAPLAST profitable?

ETS CARNIEL SONAPLAST recorded a net loss in 2024.

Where is the headquarters of ETS CARNIEL SONAPLAST ?

The headquarters of ETS CARNIEL SONAPLAST is located in SAINT-JUST-DE-CLAIX (38680), in the department Isere.

Where to find the tax return of ETS CARNIEL SONAPLAST ?

The tax return of ETS CARNIEL SONAPLAST 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 ETS CARNIEL SONAPLAST operate?

ETS CARNIEL SONAPLAST operates in the sector Fabrication de portes et fenêtres en métal (NAF code 25.12Z). See the 'Sector positioning' section above to compare the company with its competitors.