SIREN : 429636467
FUNERAIRE 23 is a French company founded 26 years ago, specialized in the sector Services funéraires. Based in LA SOUTERRAINE (23300), this company of category PME shows in 2021 a revenue of 84 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 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Revenue | 84 353 € | 98 529 € | 113 219 € | 122 100 € | 126 795 € | 106 616 € | 119 186 € |
| Net income | -14 438 € | 2 824 € | 2 628 € | 12 329 € | 19 318 € | 5 137 € | 2 427 € |
| EBITDA | -11 936 € | 6 430 € | 5 657 € | 13 987 € | 21 449 € | 7 805 € | 5 528 € |
| Net margin | -17.1% | 2.9% | 2.3% | 10.1% | 15.2% | 4.8% | 2.0% |
In 2021, FUNERAIRE 23 achieves revenue of 84 k€. Revenue is declining over the period 2015-2021 (CAGR: -5.6%). Significant drop of -14% vs 2020. After deducting consumption (29 k€), gross margin stands at 55 k€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -12 k€, representing -14.2% of revenue. Warning negative scissor effect: despite revenue change (-14%), EBITDA varies by -286%, reducing margin by 20.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -14 k€ (-17.1% of revenue), which will impact equity.
84 353 €
55 182 €
-11 936 €
-14 438 €
-14 438 €
-14.2%
The debt ratio (= Financial debt / Equity x 100) stands at 122%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory.
122.108%
36.724%
-14.149%
-6.082
3.4%
In 2021, the debt ratio of FUNERAIRE 23 (122.11) 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 FUNERAIRE 23 (36.7%) 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 FUNERAIRE 23 (-6.08) 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 462.71. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
462.706
0.0
In 2021, the liquidity ratio of FUNERAIRE 23 (462.71) 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 FUNERAIRE 23 (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 53 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 80 days. Favorable situation: supplier credit is longer than customer credit by 27 days. Inventory turnover is 296 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 321 days of revenue, i.e. 75 k€ to permanently finance.
75 231 €
53 j
80 j
296 j
321 j
Based on 108 transactions of similar company sales (all years), the value of FUNERAIRE 23 is estimated at 30 521 € (range 10 953€ - 46 142€). 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 FUNERAIRE 23 with other companies in the same sector:
The revenue of FUNERAIRE 23 in 2021 is 84 k€.
FUNERAIRE 23 recorded a net loss in 2021.
The headquarters of FUNERAIRE 23 is located in LA SOUTERRAINE (23300), in the department Creuse.
The tax return of FUNERAIRE 23 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).
FUNERAIRE 23 operates in the sector Services funéraires (NAF code 96.03Z). See the 'Sector positioning' section above to compare the company with its competitors.