ETUDE REALISATION MONTAGE SPECIAUX : revenue, balance sheet and financial ratios

ETUDE REALISATION MONTAGE SPECIAUX is a French company founded 39 years ago, specialized in the sector Fabrication de structures métalliques et de parties de structures. Based in GLOS-SUR-RISLE (27290), this company of category PME shows in 2024 a revenue of 6.3 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 - ETUDE REALISATION MONTAGE SPECIAUX (SIREN 338539315)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 6 262 067 € N/C N/C N/C N/C N/C 3 320 904 € 5 787 071 € 6 729 858 €
Net income 343 092 € 798 848 € 154 177 € 18 757 € -41 674 € -727 515 € 91 148 € 91 445 € 486 187 €
EBITDA 387 008 € N/C N/C N/C N/C N/C 19 503 € 332 157 € 809 567 €
Net margin 5.5% N/C N/C N/C N/C N/C 2.7% 1.6% 7.2%

Revenue and income statement

In 2024, ETUDE REALISATION MONTAGE SPECIAUX achieves revenue of 6.3 M€. Activity remains stable over the period (CAGR: -0.9%). After deducting consumption (2.8 M€), gross margin stands at 3.5 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 387 k€, representing 6.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 343 k€, i.e. 5.5% 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

6 262 067 €

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

3 491 592 €

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

387 008 €

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

453 711 €

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

343 092 €

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

6.2%

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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 50%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 20%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

50.275%

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

20.117%

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

4.411%

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

2.05

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

2.7%

Solvency indicators evolution
ETUDE REALISATION MONTAGE SPECIAUX

Sector positioning

Debt ratio
50.27 2024
2022
2023
2024
Q1: 6.02
Med: 21.5
Q3: 63.73
Average -8 pts over 3 years

In 2024, the debt ratio of ETUDE REALISATION MONTAGE... (50.27) 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
20.12% 2024
2022
2023
2024
Q1: 26.51%
Med: 45.66%
Q3: 61.64%
Watch

In 2024, the financial autonomy of ETUDE REALISATION MONTAGE... (20.1%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
2.05 years 2024
2024
Q1: 0.0 years
Med: 0.73 years
Q3: 2.18 years
Average

In 2024, the repayment capacity of ETUDE REALISATION MONTAGE... (2.05) 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 386.09. 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 2.2x. Financial charges are adequately covered by operations.

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

386.093

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

2.195

Liquidity indicators evolution
ETUDE REALISATION MONTAGE SPECIAUX

Sector positioning

Liquidity ratio
386.09 2024
2022
2023
2024
Q1: 167.49
Med: 241.01
Q3: 341.44
Excellent

In 2024, the liquidity ratio of ETUDE REALISATION MONTAGE... (386.09) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
2.19x 2024
2024
Q1: 0.0x
Med: 1.53x
Q3: 6.1x
Good

In 2024, the interest coverage of ETUDE REALISATION MONTAGE... (2.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 62 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 61 days. The company must finance 1 days of gap between collections and payments. Inventory turnover is 172 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 115 days of revenue, i.e. 2.0 M€ to permanently finance. Notable WCR improvement over the period (-24%), freeing up cash.

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

2 003 110 €

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

62 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

61 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

172 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

115 j

WCR and payment terms evolution
ETUDE REALISATION MONTAGE SPECIAUX

Positioning of ETUDE REALISATION MONTAGE SPECIAUX in its sector

Comparison with sector Fabrication de structures métalliques et de parties de structures

Valuation estimate

Based on 56 transactions of similar company sales (all years), the value of ETUDE REALISATION MONTAGE SPECIAUX is estimated at 573 887 € (range 351 947€ - 1 251 015€). With an EBITDA of 387 008€, the sector multiple of 1.0x 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 2024
56 tx
351k€ 573k€ 1251k€
573 887 € Range: 351 947€ - 1 251 015€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
387 008 € × 1.0x
Estimation 401 273 €
257 648€ - 926 224€
Revenue Multiple 30%
6 262 067 € × 0.13x
Estimation 806 108 €
425 270€ - 1 023 485€
Net Income Multiple 20%
343 092 € × 1.9x
Estimation 657 094 €
477 712€ - 2 404 289€
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 (Fabrication de structures métalliques et de parties de structures)

Compare ETUDE REALISATION MONTAGE SPECIAUX with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de structures métalliques et de parties de structures

Frequently asked questions about ETUDE REALISATION MONTAGE SPECIAUX

What is the revenue of ETUDE REALISATION MONTAGE SPECIAUX ?

The revenue of ETUDE REALISATION MONTAGE SPECIAUX in 2024 is 6.3 M€.

Is ETUDE REALISATION MONTAGE SPECIAUX profitable?

Yes, ETUDE REALISATION MONTAGE SPECIAUX generated a net profit of 343 k€ in 2024.

Where is the headquarters of ETUDE REALISATION MONTAGE SPECIAUX ?

The headquarters of ETUDE REALISATION MONTAGE SPECIAUX is located in GLOS-SUR-RISLE (27290), in the department Eure.

Where to find the tax return of ETUDE REALISATION MONTAGE SPECIAUX ?

The tax return of ETUDE REALISATION MONTAGE SPECIAUX 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 ETUDE REALISATION MONTAGE SPECIAUX operate?

ETUDE REALISATION MONTAGE SPECIAUX operates in the sector Fabrication de structures métalliques et de parties de structures (NAF code 25.11Z). See the 'Sector positioning' section above to compare the company with its competitors.