SIREN : 814363537
FSI is a French company founded 10 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques . Based in LA GARDE (83130), this company of category PME shows in 2024 a revenue of 600 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
| Indicator | 2024 | 2017 | 2016 |
|---|---|---|---|
| Revenue | 600 352 € | 289 718 € | N/C |
| Net income | 51 857 € | 33 211 € | 47 854 € |
| EBITDA | 86 870 € | 85 769 € | N/C |
| Net margin | 8.6% | 11.5% | N/C |
In 2024, FSI achieves revenue of 600 k€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +11.0%. Vs 2017, growth of +107% (290 k€ -> 600 k€). After deducting consumption (124 k€), gross margin stands at 476 k€, i.e. a rate of 79%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 87 k€, representing 14.5% of revenue. Warning negative scissor effect: despite revenue change (+107%), EBITDA varies by +1%, reducing margin by 15.1 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 52 k€, i.e. 8.6% of revenue. This profit can be retained or distributed to shareholders.
600 352 €
476 083 €
86 870 €
72 273 €
51 857 €
14.5%
The debt ratio (= Financial debt / Equity x 100) stands at 100%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 47%. 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 3.9 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 14.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
99.922%
46.96%
14.119%
3.9
40.7%
In 2024, the debt ratio of FSI (99.92) 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 2024, the financial autonomy of FSI (47.0%) 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 2024, the repayment capacity of FSI (3.90) 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 1412.46. 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 2.0x. Financial charges are adequately covered by operations.
1412.456
2.048
In 2024, the liquidity ratio of FSI (1412.46) 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 2024, the interest coverage of FSI (2.0x) 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: 12 days. The company must finance 8 days of gap between collections and payments. Inventory turnover is 305 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 352 days of revenue, i.e. 587 k€ to permanently finance.
587 108 €
20 j
12 j
305 j
352 j
Based on 145 transactions of similar company sales (all years), the value of FSI is estimated at 182 106 € (range 67 502€ - 467 646€). With an EBITDA of 86 870€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.19x (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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 145 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 FSI with other companies in the same sector:
The revenue of FSI in 2024 is 600 k€.
Yes, FSI generated a net profit of 52 k€ in 2024.
The headquarters of FSI is located in LA GARDE (83130), in the department Var.
The tax return of FSI 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).
FSI operates in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques (NAF code 46.49Z). See the 'Sector positioning' section above to compare the company with its competitors.