SIREN : 388796526
FUNECAP EST is a French company founded 33 years ago, specialized in the sector Services funéraires. Based in CHEVIGNY-SAINT-SAUVEUR (21800), this company of category ETI shows in 2023 a revenue of 44.0 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 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 43 995 467 € | 35 358 241 € | 27 909 253 € | 23 966 259 € | 20 742 218 € | 15 570 374 € | 5 215 884 € |
| Net income | -5 514 782 € | -1 913 936 € | -116 138 € | -319 574 € | 852 870 € | -416 432 € | 221 825 € |
| EBITDA | -56 064 € | 1 194 444 € | 718 272 € | 749 763 € | 906 770 € | 1 186 808 € | 492 977 € |
| Net margin | -12.5% | -5.4% | -0.4% | -1.3% | 4.1% | -2.7% | 4.3% |
In 2023, FUNECAP EST achieves revenue of 44.0 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +35.6%. Vs 2021, growth of +24% (35.4 M€ -> 44.0 M€). After deducting consumption (7.8 M€), gross margin stands at 36.2 M€, i.e. a rate of 82%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -56 k€, representing -0.1% of revenue. Warning negative scissor effect: despite revenue change (+24%), EBITDA varies by -105%, reducing margin by 3.5 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -5.5 M€ (-12.5% of revenue), which will impact equity.
43 995 467 €
36 153 919 €
-56 064 €
-1 986 711 €
-5 514 782 €
-0.1%
The debt ratio (= Financial debt / Equity x 100) stands at -888%. 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 -10%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
-887.72%
-9.819%
-9.891%
-15.562
35.8%
In 2023, the debt ratio of FUNECAP EST (-887.72) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2023, the financial autonomy of FUNECAP EST (-9.8%) 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.
In 2023, the repayment capacity of FUNECAP EST (-15.56) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 85.25. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
85.253
-4627.847
In 2023, the liquidity ratio of FUNECAP EST (85.25) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2023, the interest coverage of FUNECAP EST (-4627.9x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 118 days. Excellent situation: suppliers finance 69 days of the operating cycle (retail model). Inventory turnover is 35 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 60 days of revenue, i.e. 7.3 M€ to permanently finance. Over 2016-2023, WCR increased by +171%, requiring additional financing.
7 297 968 €
49 j
118 j
35 j
60 j
Based on 108 transactions of similar company sales (all years), the value of FUNECAP EST is estimated at 15 918 761 € (range 5 712 903€ - 24 066 159€). The price/revenue ratio is 0.36x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 108 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 FUNECAP EST with other companies in the same sector:
The revenue of FUNECAP EST in 2023 is 44.0 M€.
FUNECAP EST recorded a net loss in 2023.
The headquarters of FUNECAP EST is located in CHEVIGNY-SAINT-SAUVEUR (21800), in the department Cote-d'Or.
The tax return of FUNECAP EST 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).
FUNECAP EST operates in the sector Services funéraires (NAF code 96.03Z). See the 'Sector positioning' section above to compare the company with its competitors.