SIREN : 532449972
F.R.C. is a French company founded 14 years ago, specialized in the sector Activités des sièges sociaux. Based in ANGERS (49100), this company of category PME shows in 2021 a revenue of 205 k€. 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 | 204 504 € | 302 000 € | 269 000 € | 82 000 € | N/C | 122 000 € |
| Net income | 461 763 € | 30 594 € | 150 142 € | 144 497 € | 94 780 € | 14 890 € |
| EBITDA | 148 515 € | 25 563 € | 28 145 € | -5 184 € | N/C | 17 609 € |
| Net margin | 225.8% | 10.1% | 55.8% | 176.2% | N/C | 12.2% |
In 2021, F.R.C. achieves revenue of 205 k€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +10.9%. Significant drop of -32% vs 2020. After deducting consumption (0 €), gross margin stands at 205 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 149 k€, representing 72.6% of revenue. Positive scissor effect: EBITDA margin improves by +64.2 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 462 k€, i.e. 225.8% of revenue. This profit can be retained or distributed to shareholders.
204 504 €
204 504 €
148 515 €
162 508 €
461 763 €
72.6%
The debt ratio (= Financial debt / Equity x 100) stands at 31%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 72%. 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 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 219.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
31.089%
71.825%
218.954%
0.555
In 2021, the debt ratio of F.R.C. (31.09) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2021, the financial autonomy of F.R.C. (71.8%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2021, the repayment capacity of F.R.C. (0.56) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 804.75. 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 2.8x. Financial charges are adequately covered by operations.
804.745
2.788
In 2021, the liquidity ratio of F.R.C. (804.75) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2021, the interest coverage of F.R.C. (2.8x) 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: 123 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 80 days. The gap of 43 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 619 days of revenue, i.e. 352 k€ to permanently finance. Over 2016-2021, WCR increased by +2190%, requiring additional financing.
351 771 €
123 j
80 j
0 j
619 j
Based on 65 transactions of similar company sales
in 2021,
the value of F.R.C. is estimated at
846 276 €
(range 418 890€ - 1 776 165€).
With an EBITDA of 148 515€, the sector multiple of 4.6x is applied.
The price/revenue ratio is 0.46x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 65 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 F.R.C. with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of F.R.C. in 2021 is 205 k€.
Yes, F.R.C. generated a net profit of 462 k€ in 2021.
The headquarters of F.R.C. is located in ANGERS (49100), in the department Maine-et-Loire.
The tax return of F.R.C. 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).
F.R.C. operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.