FILATURE D'ANGORA LA BOULE DE NEIGE : revenue, balance sheet and financial ratios

FILATURE D'ANGORA LA BOULE DE NEIGE is a French company founded 52 years ago, specialized in the sector Préparation de fibres textiles et filature. Based in SAINTE-COLOMBE-SUR-L'HERS (11230), this company of category PME shows in 2021 a revenue of 236 k€. 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 - FILATURE D'ANGORA LA BOULE DE NEIGE (SIREN 775827413)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 235 677 € 285 411 € 338 198 € 351 720 € 277 582 € 309 183 €
Net income 43 240 € 44 030 € 82 126 € 95 240 € 29 859 € 16 812 €
EBITDA 29 881 € 21 653 € 80 150 € 103 552 € 86 387 € -4 576 €
Net margin 18.3% 15.4% 24.3% 27.1% 10.8% 5.4%

Revenue and income statement

In 2021, FILATURE D'ANGORA LA BOULE DE NEIGE achieves revenue of 236 k€. Revenue is declining over the period 2016-2021 (CAGR: -5.3%). Significant drop of -17% vs 2020. After deducting consumption (4 k€), gross margin stands at 231 k€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 30 k€, representing 12.7% of revenue. Positive scissor effect: EBITDA margin improves by +5.1 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 43 k€, i.e. 18.3% 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

235 677 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

231 285 €

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

29 881 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

43 140 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

43 240 €

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

12.7%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at -136%. 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 -235%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 43.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 12.7% 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) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-136.315%

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

-235.228%

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

12.722%

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

43.757

Asset age ratio (2021) ?
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

1.5%

Solvency indicators evolution
FILATURE D'ANGORA LA BOULE DE NEIGE

Sector positioning

Debt ratio
-136.31 2021
2019
2020
2021
Q1: 5.98
Med: 22.76
Q3: 90.69
Excellent

In 2021, the debt ratio of FILATURE D'ANGORA LA BOUL... (-136.31) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-235.23% 2021
2019
2020
2021
Q1: 31.33%
Med: 50.18%
Q3: 67.75%
Watch

In 2021, the financial autonomy of FILATURE D'ANGORA LA BOUL... (-235.2%) 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
43.76 years 2021
2019
2020
2021
Q1: -0.71 years
Med: 1.41 years
Q3: 8.21 years
Watch +9 pts over 3 years

In 2021, the repayment capacity of FILATURE D'ANGORA LA BOUL... (43.76) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 640.65. 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 0.8x. 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

640.646

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

0.817

Liquidity indicators evolution
FILATURE D'ANGORA LA BOULE DE NEIGE

Sector positioning

Liquidity ratio
640.65 2021
2019
2020
2021
Q1: 164.01
Med: 308.48
Q3: 529.99
Excellent +19 pts over 3 years

In 2021, the liquidity ratio of FILATURE D'ANGORA LA BOUL... (640.65) 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
0.82x 2021
2019
2020
2021
Q1: -0.7x
Med: 1.68x
Q3: 8.18x
Average -22 pts over 3 years

In 2021, the interest coverage of FILATURE D'ANGORA LA BOUL... (0.8x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 9 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. Excellent situation: suppliers finance 54 days of the operating cycle (retail model). Inventory turnover is 277 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 497 days of revenue, i.e. 325 k€ to permanently finance. Over 2016-2021, WCR increased by +532%, requiring additional financing.

Operating WCR (2021) ?
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

325 215 €

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

9 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

63 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

277 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

497 j

WCR and payment terms evolution
FILATURE D'ANGORA LA BOULE DE NEIGE

Positioning of FILATURE D'ANGORA LA BOULE DE NEIGE in its sector

Comparison with sector Préparation de fibres textiles et filature

Similar companies (Préparation de fibres textiles et filature)

Compare FILATURE D'ANGORA LA BOULE DE NEIGE with other companies in the same sector:

Voir toutes les statistiques du secteur Préparation de fibres textiles et filature

Frequently asked questions about FILATURE D'ANGORA LA BOULE DE NEIGE

What is the revenue of FILATURE D'ANGORA LA BOULE DE NEIGE ?

The revenue of FILATURE D'ANGORA LA BOULE DE NEIGE in 2021 is 236 k€.

Is FILATURE D'ANGORA LA BOULE DE NEIGE profitable?

Yes, FILATURE D'ANGORA LA BOULE DE NEIGE generated a net profit of 43 k€ in 2021.

Where is the headquarters of FILATURE D'ANGORA LA BOULE DE NEIGE ?

The headquarters of FILATURE D'ANGORA LA BOULE DE NEIGE is located in SAINTE-COLOMBE-SUR-L'HERS (11230), in the department Aude.

Where to find the tax return of FILATURE D'ANGORA LA BOULE DE NEIGE ?

The tax return of FILATURE D'ANGORA LA BOULE DE NEIGE 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 FILATURE D'ANGORA LA BOULE DE NEIGE operate?

FILATURE D'ANGORA LA BOULE DE NEIGE operates in the sector Préparation de fibres textiles et filature (NAF code 13.10Z). See the 'Sector positioning' section above to compare the company with its competitors.