Employees: 02 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 1999-10-01 (26 years)Status: ActiveBusiness sector: Ingénierie, études techniquesLocation: RŒSCHWOOG (67480), Bas-Rhin
FAST DETECTION : revenue, balance sheet and financial ratios
FAST DETECTION is a French company
founded 26 years ago,
specialized in the sector Ingénierie, études techniques.
Based in RŒSCHWOOG (67480),
this company of category PME
shows in 2021 a revenue of 598 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - FAST DETECTION (SIREN 424483642)
Indicator
2021
2020
2017
2016
2015
2014
Revenue
597 599 €
469 261 €
366 983 €
295 275 €
222 273 €
218 177 €
Net income
103 580 €
54 897 €
49 190 €
-21 150 €
-94 176 €
-31 753 €
EBITDA
134 035 €
75 257 €
32 921 €
-56 206 €
-28 807 €
-123 123 €
Net margin
17.3%
11.7%
13.4%
-7.2%
-42.4%
-14.6%
Revenue and income statement
In 2021, FAST DETECTION achieves revenue of 598 k€. Over the period 2014-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +15.5%. Vs 2020, growth of +27% (469 k€ -> 598 k€). After deducting consumption (91 k€), gross margin stands at 506 k€, i.e. a rate of 85%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 134 k€, representing 22.4% of revenue. Positive scissor effect: EBITDA margin improves by +6.4 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 104 k€, i.e. 17.3% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2021)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
597 599 €
Gross margin (2021)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
506 450 €
EBITDA (2021)
?
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
134 035 €
EBIT (2021)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
117 974 €
Net income (2021)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
103 580 €
EBITDA margin (2021)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
22.4%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
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Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
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Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 17%. 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 19.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
Debt ratio (2021)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
16.525%
Financial autonomy (2021)
?
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
67.722%
Cash flow / Revenue (2021)
?
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
19.857%
Repayment capacity (2021)
?
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
0.543
Asset age ratio (2021)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2014
2015
2016
2017
2020
2021
Debt ratio
26.337
31.705
28.351
17.165
6.744
16.525
Financial autonomy
65.838
58.245
60.112
66.915
68.053
67.722
Repayment capacity
-0.659
-3.898
-0.994
1.374
0.274
0.543
Cash flow / Revenue
-57.839%
-8.112%
-19.366%
8.501%
15.927%
19.857%
Sector positioning
Debt ratio
16.522021
2017
2020
2021
Q1: 0.0
Med: 11.4
Q3: 66.26
Average-5 pts over 3 years
In 2021, the debt ratio of FAST DETECTION (16.52) 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
67.72%2021
2017
2020
2021
Q1: 10.95%
Med: 35.06%
Q3: 59.74%
Excellent
In 2021, the financial autonomy of FAST DETECTION (67.7%) 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
0.54 years2021
2017
2020
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 1.32 years
Average-15 pts over 3 years
In 2021, the repayment capacity of FAST DETECTION (0.54) 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 347.85. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.
Liquidity ratio (2021)
?
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
347.85
Interest coverage (2021)
?
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
0.181
Liquidity indicators evolution FAST DETECTION
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2014
2015
2016
2017
2020
2021
Liquidity ratio
869.166
563.412
459.787
358.531
303.003
347.85
Interest coverage
-2.805
-10.869
-4.622
6.306
0.445
0.181
Sector positioning
Liquidity ratio
347.852021
2017
2020
2021
Q1: 151.2
Med: 231.52
Q3: 390.78
Good-7 pts over 3 years
In 2021, the liquidity ratio of FAST DETECTION (347.85) 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
0.18x2021
2017
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 1.05x
Good-21 pts over 3 years
In 2021, the interest coverage of FAST DETECTION (0.2x) 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: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 50 days. The company must finance 7 days of gap between collections and payments. Inventory turnover is 14 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 36 days of revenue, i.e. 61 k€ to permanently finance. Over 2014-2021, WCR increased by +87%, requiring additional financing.
Operating WCR (2021)
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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
60 537 €
Customer credit (2021)
?
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 (2021)
?
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
50 j
Inventory turnover (2021)
?
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
14 j
WCR in days of revenue (2021)
?
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
36 j
WCR and payment terms evolution FAST DETECTION
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2014
2015
2016
2017
2020
2021
Operating WCR
32 373 €
48 304 €
70 414 €
30 438 €
105 814 €
60 537 €
Inventory turnover (days)
24
27
13
10
4
14
Customer payment term (days)
49
78
88
57
98
57
Supplier payment term (days)
16
29
26
43
93
50
Positioning of FAST DETECTION in its sector
Comparison with sector Ingénierie, études techniques
Valuation estimate
Based on 52 transactions of similar company sales
in 2021,
the value of FAST DETECTION is estimated at
128 820 €
(range 81 488€ - 234 380€).
With an EBITDA of 134 035€, the sector multiple of 0.5x is applied.
The price/revenue ratio is 0.44x
(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 value2021
52 tx
81k€128k€234k€
128 820 €Range: 81 488€ - 234 380€
NAF 5 année 2021
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
134 035 €×0.5x
Estimation70 370 €
67 815€ - 193 585€
Revenue Multiple30%
597 599 €×0.44x
Estimation261 887 €
133 949€ - 341 173€
Net Income Multiple20%
103 580 €×0.7x
Estimation75 350 €
36 981€ - 176 180€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 52 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 (Ingénierie, études techniques)
Compare FAST DETECTION with other companies in the same sector:
Yes, FAST DETECTION generated a net profit of 104 k€ in 2021.
Where is the headquarters of FAST DETECTION ?
The headquarters of FAST DETECTION is located in RŒSCHWOOG (67480), in the department Bas-Rhin.
Where to find the tax return of FAST DETECTION ?
The tax return of FAST DETECTION 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 FAST DETECTION operate?
FAST DETECTION operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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