SIREN : 493375232
FRASIE is a French company founded 19 years ago, specialized in the sector Forages et sondages. Based in PARIS (75005), this company of category ETI shows in 2021 a revenue of 3.2 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 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 3 239 928 € | 3 488 062 € | 3 930 890 € | 3 795 628 € | 3 904 845 € | 4 094 986 € |
| Net income | -532 898 € | -367 337 € | -482 054 € | -243 170 € | -633 185 € | -582 891 € |
| EBITDA | 1 208 894 € | 1 212 798 € | 1 128 795 € | 1 363 259 € | 1 363 987 € | 1 550 646 € |
| Net margin | -16.4% | -10.5% | -12.3% | -6.4% | -16.2% | -14.2% |
In 2021, FRASIE achieves revenue of 3.2 M€. Activity remains stable over the period (CAGR: -4.6%). Slight decline of -7% vs 2020. After deducting consumption (0 €), gross margin stands at 3.2 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.2 M€, representing 37.3% of revenue. Positive scissor effect: EBITDA margin improves by +2.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -533 k€ (-16.4% of revenue), which will impact equity.
3 239 928 €
3 239 928 €
1 208 894 €
236 062 €
-532 898 €
37.3%
The debt ratio (= Financial debt / Equity x 100) stands at 195%. 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 33%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 9.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 21.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
194.528%
32.554%
21.885%
9.29
39.5%
In 2021, the debt ratio of FRASIE (194.53) 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.
In 2021, the financial autonomy of FRASIE (32.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2021, the repayment capacity of FRASIE (9.29) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 452.71. 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 41.5x. Operating income very largely covers interest expenses: high safety margin.
452.713
41.451
In 2021, the liquidity ratio of FRASIE (452.71) 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 2021, the interest coverage of FRASIE (41.5x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 79 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 58 days. The company must finance 21 days of gap between collections and payments. Overall, WCR represents 163 days of revenue, i.e. 1.5 M€ to permanently finance. Notable WCR improvement over the period (-35%), freeing up cash.
1 465 225 €
79 j
58 j
0 j
163 j
Based on 136 transactions of similar company sales (all years), the value of FRASIE is estimated at 1 529 871 € (range 427 991€ - 3 207 988€). With an EBITDA of 1 208 894€, the sector multiple of 1.7x 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 136 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 FRASIE with other companies in the same sector:
The revenue of FRASIE in 2021 is 3.2 M€.
FRASIE recorded a net loss in 2021.
The headquarters of FRASIE is located in PARIS (75005), in the department Paris.
The tax return of FRASIE 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).
FRASIE operates in the sector Forages et sondages (NAF code 43.13Z). See the 'Sector positioning' section above to compare the company with its competitors.