ETS METALLURGIQUES E.GODARD : revenue, balance sheet and financial ratios

ETS METALLURGIQUES E.GODARD is a French company founded 69 years ago, specialized in the sector Collecte des déchets non dangereux. Based in CHENOVE (21300), this company of category PME shows in 2024 a revenue of 15.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ETS METALLURGIQUES E.GODARD (SIREN 015752660)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 15 373 136 € 14 982 301 € 15 138 043 € 15 053 207 € 10 128 789 € 9 333 231 € 11 055 282 € 10 692 027 € 8 544 369 €
Net income 50 526 € -1 705 € 58 874 € 217 218 € 157 647 € 1 457 € 479 051 € 1 110 916 € -371 688 €
EBITDA 126 839 € 181 557 € 772 532 € 863 823 € 217 049 € -489 249 € 799 802 € 938 467 € -321 097 €
Net margin 0.3% -0.0% 0.4% 1.4% 1.6% 0.0% 4.3% 10.4% -4.4%

Revenue and income statement

In 2024, ETS METALLURGIQUES E.GODARD achieves revenue of 15.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.6%. Vs 2023: +3%. After deducting consumption (7.7 M€), gross margin stands at 7.7 M€, i.e. a rate of 50%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 127 k€, representing 0.8% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 51 k€, i.e. 0.3% of revenue. This profit can be retained or distributed to shareholders.

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

15 373 136 €

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

7 712 922 €

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

126 839 €

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

-162 242 €

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

50 526 €

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

0.8%

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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 19%. 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 52%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

18.777%

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

51.99%

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

-0.184%

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

-34.528

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

14.7%

Solvency indicators evolution
ETS METALLURGIQUES E.GODARD

Sector positioning

Debt ratio
18.78 2024
2022
2023
2024
Q1: 0.0
Med: 15.28
Q3: 63.85
Average +15 pts over 3 years

In 2024, the debt ratio of ETS METALLURGIQUES E.GODARD (18.78) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
51.99% 2024
2022
2023
2024
Q1: 12.34%
Med: 33.41%
Q3: 50.45%
Excellent

In 2024, the financial autonomy of ETS METALLURGIQUES E.GODARD (52.0%) 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
-34.53 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.05 years
Q3: 1.42 years
Excellent -35 pts over 3 years

In 2024, the repayment capacity of ETS METALLURGIQUES E.GODARD (-34.53) 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 209.39. 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 32.7x. Operating income very largely covers interest expenses: high safety margin.

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

209.394

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

32.654

Liquidity indicators evolution
ETS METALLURGIQUES E.GODARD

Sector positioning

Liquidity ratio
209.39 2024
2022
2023
2024
Q1: 113.41
Med: 157.47
Q3: 230.42
Good -7 pts over 3 years

In 2024, the liquidity ratio of ETS METALLURGIQUES E.GODARD (209.39) 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
32.65x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.61x
Q3: 6.95x
Excellent +12 pts over 3 years

In 2024, the interest coverage of ETS METALLURGIQUES E.GODARD (32.6x) 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: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 81 days. Favorable situation: supplier credit is longer than customer credit by 24 days. Inventory turnover is 101 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 136 days of revenue, i.e. 5.8 M€ to permanently finance. Over 2016-2024, WCR increased by +43%, 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

5 789 062 €

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

81 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

101 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

136 j

WCR and payment terms evolution
ETS METALLURGIQUES E.GODARD

Positioning of ETS METALLURGIQUES E.GODARD in its sector

Comparison with sector Collecte des déchets non dangereux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (33 transactions). This range of 796 664€ to 1 159 294€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
796k€ 820k€ 1159k€
820 613 € Range: 796 664€ - 1 159 294€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 33 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 (Collecte des déchets non dangereux)

Compare ETS METALLURGIQUES E.GODARD with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte des déchets non dangereux

Frequently asked questions about ETS METALLURGIQUES E.GODARD

What is the revenue of ETS METALLURGIQUES E.GODARD ?

The revenue of ETS METALLURGIQUES E.GODARD in 2024 is 15.4 M€.

Is ETS METALLURGIQUES E.GODARD profitable?

Yes, ETS METALLURGIQUES E.GODARD generated a net profit of 51 k€ in 2024.

Where is the headquarters of ETS METALLURGIQUES E.GODARD ?

The headquarters of ETS METALLURGIQUES E.GODARD is located in CHENOVE (21300), in the department Cote-d'Or.

Where to find the tax return of ETS METALLURGIQUES E.GODARD ?

The tax return of ETS METALLURGIQUES E.GODARD 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 METALLURGIQUES E.GODARD operate?

ETS METALLURGIQUES E.GODARD operates in the sector Collecte des déchets non dangereux (NAF code 38.11Z). See the 'Sector positioning' section above to compare the company with its competitors.