SIREN : 598502045
FIRN is a French company founded 67 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de produits pharmaceutiques. Based in ERSTEIN (67150), this company of category PME shows in 2023 a revenue of 7.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|
| Revenue | 7 012 018 € | N/C | 4 920 923 € | N/C | 5 109 407 € | 4 993 750 € |
| Net income | 449 110 € | 483 930 € | 336 954 € | 404 026 € | 476 573 € | 482 245 € |
| EBITDA | 402 516 € | N/C | 383 522 € | N/C | 491 762 € | 541 131 € |
| Net margin | 6.4% | N/C | 6.8% | N/C | 9.3% | 9.7% |
In 2023, FIRN achieves revenue of 7.0 M€. Over the period 2017-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +5.8%. After deducting consumption (4.6 M€), gross margin stands at 2.4 M€, i.e. a rate of 34%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 403 k€, representing 5.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 449 k€, i.e. 6.4% of revenue. This profit can be retained or distributed to shareholders.
7 012 018 €
2 371 370 €
402 516 €
392 632 €
449 110 €
5.7%
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 80%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
0.02%
79.955%
6.642%
0.001
24.0%
In 2023, the debt ratio of FIRN (0.02) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of FIRN (80.0%) 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.
In 2023, the repayment capacity of FIRN (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 439.11. 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.
439.114
2.225
In 2023, the liquidity ratio of FIRN (439.11) 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.
In 2023, the interest coverage of FIRN (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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 20 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 16 days. The company must finance 4 days of gap between collections and payments. Inventory turnover is 35 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 46 days of revenue, i.e. 900 k€ to permanently finance. Over 2017-2023, WCR increased by +54%, requiring additional financing.
900 483 €
20 j
16 j
35 j
46 j
Based on 124 transactions of similar company sales (all years), the value of FIRN is estimated at 663 466 € (range 338 001€ - 2 142 114€). With an EBITDA of 402 516€, the sector multiple of 0.7x is applied. The price/revenue ratio is 0.21x (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.
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This estimate is based on the analysis of 124 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare FIRN with other companies in the same sector:
The revenue of FIRN in 2023 is 7.0 M€.
Yes, FIRN generated a net profit of 449 k€ in 2023.
The headquarters of FIRN is located in ERSTEIN (67150), in the department Bas-Rhin.
The tax return of FIRN 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).
FIRN operates in the sector Commerce de gros (commerce interentreprises) de produits pharmaceutiques (NAF code 46.46Z). See the 'Sector positioning' section above to compare the company with its competitors.