FINANCIERE TANNAGE ET CUIR : revenue, balance sheet and financial ratios

FINANCIERE TANNAGE ET CUIR is a French company founded 13 years ago, specialized in the sector Activités des sociétés holding. Based in NEUILLY-SUR-SEINE (92200), this company of category PME shows in 2024 a revenue of 71 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 - FINANCIERE TANNAGE ET CUIR (SIREN 790194153)
Indicator 2024 2021 2020 2019 2017
Revenue 71 191 € 37 014 € 6 000 € N/C N/C
Net income -369 066 € -265 493 € 2 568 356 € -208 963 € 289 206 €
EBITDA 8 941 € -217 461 € -84 334 € -213 861 € -115 704 €
Net margin -518.4% -717.3% 42805.9% N/C N/C

Revenue and income statement

In 2024, FINANCIERE TANNAGE ET CUIR achieves revenue of 71 k€. Over the period 2020-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +85.6%. Vs 2021, growth of +92% (37 k€ -> 71 k€). After deducting consumption (452 €), gross margin stands at 71 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 9 k€, representing 12.6% of revenue. Positive scissor effect: EBITDA margin improves by +600.1 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Net income is negative at -369 k€ (-518.4% 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

71 191 €

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

70 739 €

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

8 941 €

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

-26 033 €

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

-369 066 €

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

12.6%

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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 0%. 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 99%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 66.4% 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 (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

0.0%

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

98.651%

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

66.435%

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

0.0

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

91.9%

Solvency indicators evolution
FINANCIERE TANNAGE ET CUIR

Sector positioning

Debt ratio
0.0 2024
2020
2021
2024
Q1: 0.01
Med: 8.77
Q3: 62.6
Excellent

In 2024, the debt ratio of FINANCIERE TANNAGE ET CUIR (0.00) 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
98.65% 2024
2020
2021
2024
Q1: 15.71%
Med: 62.26%
Q3: 91.3%
Excellent

In 2024, the financial autonomy of FINANCIERE TANNAGE ET CUIR (98.7%) 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
0.0 years 2024
2020
2021
2024
Q1: 0.0 years
Med: 0.09 years
Q3: 3.07 years
Excellent -8 pts over 3 years

In 2024, the repayment capacity of FINANCIERE TANNAGE ET CUIR (0.00) 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 4218.90. 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 4272.0x. 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

4218.904

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

4272.039

Liquidity indicators evolution
FINANCIERE TANNAGE ET CUIR

Sector positioning

Liquidity ratio
4218.9 2024
2020
2021
2024
Q1: 138.65
Med: 681.09
Q3: 3914.52
Excellent

In 2024, the liquidity ratio of FINANCIERE TANNAGE ET CUIR (4218.90) 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
4272.04x 2024
2020
2021
2024
Q1: -74.77x
Med: 0.0x
Q3: 0.0x
Excellent +25 pts over 3 years

In 2024, the interest coverage of FINANCIERE TANNAGE ET CUIR (4272.0x) 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: 87 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 206 days. Excellent situation: suppliers finance 119 days of the operating cycle (retail model). Overall, WCR represents 2372 days of revenue, i.e. 469 k€ to permanently finance.

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

469 150 €

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

87 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

206 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

0 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

2372 j

WCR and payment terms evolution
FINANCIERE TANNAGE ET CUIR

Positioning of FINANCIERE TANNAGE ET CUIR in its sector

Comparison with sector Activités des sociétés holding

Valuation estimate

Based on 54 transactions of similar company sales in 2024, the value of FINANCIERE TANNAGE ET CUIR is estimated at 42 741 € (range 14 353€ - 65 255€). With an EBITDA of 8 941€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.59x (in line with sector norms). 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
54 tx
14k€ 42k€ 65k€
42 741 € Range: 14 353€ - 65 255€
NAF 5 année 2024

Valuation detail by method

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EBITDA Multiple 50%
8 941 € × 4.8x
Estimation 43 237 €
7 319€ - 74 511€
Revenue Multiple 30%
71 191 € × 0.59x
Estimation 41 915 €
26 077€ - 49 829€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 54 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 (Activités des sociétés holding)

Compare FINANCIERE TANNAGE ET CUIR with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sociétés holding

Frequently asked questions about FINANCIERE TANNAGE ET CUIR

What is the revenue of FINANCIERE TANNAGE ET CUIR ?

The revenue of FINANCIERE TANNAGE ET CUIR in 2024 is 71 k€.

Is FINANCIERE TANNAGE ET CUIR profitable?

FINANCIERE TANNAGE ET CUIR recorded a net loss in 2024.

Where is the headquarters of FINANCIERE TANNAGE ET CUIR ?

The headquarters of FINANCIERE TANNAGE ET CUIR is located in NEUILLY-SUR-SEINE (92200), in the department Hauts-de-Seine.

Where to find the tax return of FINANCIERE TANNAGE ET CUIR ?

The tax return of FINANCIERE TANNAGE ET CUIR 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 FINANCIERE TANNAGE ET CUIR operate?

FINANCIERE TANNAGE ET CUIR operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.