FORAGE CAROTTAGE SCIAGE BETON SAS : revenue, balance sheet and financial ratios

FORAGE CAROTTAGE SCIAGE BETON SAS is a French company founded 34 years ago, specialized in the sector Forages et sondages. Based in BONNAC-LA-COTE (87270), this company of category PME shows in 2021 a revenue of 459 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 - FORAGE CAROTTAGE SCIAGE BETON SAS (SIREN 382648251)
Indicator 2021 2020 2019 2018 2017 2016 2015
Revenue 459 182 € 364 564 € 599 708 € 506 623 € 373 380 € 291 267 € 300 908 €
Net income -76 857 € -74 696 € 51 951 € 60 717 € 40 929 € 1 719 € -30 637 €
EBITDA -33 003 € -39 223 € 122 951 € 97 444 € 64 973 € 5 747 € -15 425 €
Net margin -16.7% -20.5% 8.7% 12.0% 11.0% 0.6% -10.2%

Revenue and income statement

In 2021, FORAGE CAROTTAGE SCIAGE BETON SAS achieves revenue of 459 k€. Over the period 2015-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +7.3%. Vs 2020, growth of +26% (365 k€ -> 459 k€). After deducting consumption (-6 k€), gross margin stands at 465 k€, i.e. a rate of 101%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -33 k€, representing -7.2% of revenue. Positive scissor effect: EBITDA margin improves by +3.6 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -77 k€ (-16.7% of revenue), which will impact equity.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

459 182 €

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

464 936 €

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

-33 003 €

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

-73 737 €

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

-76 857 €

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

-7.2%

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Chart evolution

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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 460%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

459.986%

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

12.669%

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

-7.869%

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

-3.936

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

24.4%

Solvency indicators evolution
FORAGE CAROTTAGE SCIAGE BETON SAS

Sector positioning

Debt ratio
459.99 2021
2019
2020
2021
Q1: 4.0
Med: 33.65
Q3: 102.98
Watch +18 pts over 3 years

In 2021, the debt ratio of FORAGE CAROTTAGE SCIAGE B... (459.99) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
12.67% 2021
2019
2020
2021
Q1: 16.8%
Med: 38.98%
Q3: 60.1%
Watch -39 pts over 3 years

In 2021, the financial autonomy of FORAGE CAROTTAGE SCIAGE B... (12.7%) 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
-3.94 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.72 years
Q3: 2.16 years
Excellent -40 pts over 3 years

In 2021, the repayment capacity of FORAGE CAROTTAGE SCIAGE B... (-3.94) 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 167.63. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

167.627

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

-10.278

Liquidity indicators evolution
FORAGE CAROTTAGE SCIAGE BETON SAS

Sector positioning

Liquidity ratio
167.63 2021
2019
2020
2021
Q1: 156.84
Med: 240.31
Q3: 338.52
Average -42 pts over 3 years

In 2021, the liquidity ratio of FORAGE CAROTTAGE SCIAGE B... (167.63) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
-10.28x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.54x
Q3: 2.66x
Watch -56 pts over 3 years

In 2021, the interest coverage of FORAGE CAROTTAGE SCIAGE B... (-10.3x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 111 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. The gap of 63 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 24 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 136 days of revenue, i.e. 174 k€ to permanently finance. Over 2015-2021, WCR increased by +127%, 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

173 635 €

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

111 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

48 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

24 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

136 j

WCR and payment terms evolution
FORAGE CAROTTAGE SCIAGE BETON SAS

Positioning of FORAGE CAROTTAGE SCIAGE BETON SAS in its sector

Comparison with sector Forages et sondages

Valuation estimate

Based on 136 transactions of similar company sales (all years), the value of FORAGE CAROTTAGE SCIAGE BETON SAS is estimated at 95 467 € (range 54 243€ - 215 561€). 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.

Estimated enterprise value 2021
136 transactions
54k€ 95k€ 215k€
95 467 € Range: 54 243€ - 215 561€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
459 182 € × 0.21x = 95 467 €
Range: 54 244€ - 215 562€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 136 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 (Forages et sondages)

Compare FORAGE CAROTTAGE SCIAGE BETON SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Forages et sondages

Frequently asked questions about FORAGE CAROTTAGE SCIAGE BETON SAS

What is the revenue of FORAGE CAROTTAGE SCIAGE BETON SAS ?

The revenue of FORAGE CAROTTAGE SCIAGE BETON SAS in 2021 is 459 k€.

Is FORAGE CAROTTAGE SCIAGE BETON SAS profitable?

FORAGE CAROTTAGE SCIAGE BETON SAS recorded a net loss in 2021.

Where is the headquarters of FORAGE CAROTTAGE SCIAGE BETON SAS ?

The headquarters of FORAGE CAROTTAGE SCIAGE BETON SAS is located in BONNAC-LA-COTE (87270), in the department Haute-Vienne.

Where to find the tax return of FORAGE CAROTTAGE SCIAGE BETON SAS ?

The tax return of FORAGE CAROTTAGE SCIAGE BETON SAS 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 FORAGE CAROTTAGE SCIAGE BETON SAS operate?

FORAGE CAROTTAGE SCIAGE BETON SAS operates in the sector Forages et sondages (NAF code 43.13Z). See the 'Sector positioning' section above to compare the company with its competitors.