SIREN : 392608444
GERDAN is a French company founded 32 years ago, specialized in the sector Travaux de menuiserie métallique et serrurerie. Based in GERTWILLER (67140), this company of category PME shows in 2023 a revenue of 1.0 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 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 1 017 547 € | 1 119 341 € | 413 100 € | 587 433 € | 22 466 € | 537 341 € | 28 918 € |
| Net income | 39 987 € | 36 231 € | -31 169 € | 4 324 € | 1 542 € | 43 820 € | -583 € |
| EBITDA | 81 324 € | 50 319 € | -26 605 € | 4 538 € | 7 946 € | 62 510 € | 9 648 € |
| Net margin | 3.9% | 3.2% | -7.5% | 0.7% | 6.9% | 8.2% | -2.0% |
In 2023, GERDAN achieves revenue of 1.0 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +66.3%. Slight decline of -9% vs 2022. After deducting consumption (595 k€), gross margin stands at 422 k€, i.e. a rate of 42%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 81 k€, representing 8.0% of revenue. Positive scissor effect: EBITDA margin improves by +3.5 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 40 k€, i.e. 3.9% of revenue. This profit can be retained or distributed to shareholders.
1 017 547 €
422 363 €
81 324 €
77 949 €
39 987 €
8.0%
The debt ratio (= Financial debt / Equity x 100) stands at 188%. 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 31%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
188.091%
30.904%
4.379%
2.536
61.7%
In 2023, the debt ratio of GERDAN (188.09) 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 2023, the financial autonomy of GERDAN (30.9%) 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 2023, the repayment capacity of GERDAN (2.54) 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 192.25. 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 38.2x. Operating income very largely covers interest expenses: high safety margin.
192.255
38.167
In 2023, the liquidity ratio of GERDAN (192.25) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2023, the interest coverage of GERDAN (38.2x) 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: 28 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 16 days. The company must finance 12 days of gap between collections and payments. Inventory turnover is 116 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 188 days of revenue, i.e. 531 k€ to permanently finance. Notable WCR improvement over the period (-32%), freeing up cash.
531 475 €
28 j
16 j
116 j
188 j
Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 55 647€ to 228 053€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 22 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 GERDAN with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de menuiserie métallique et serrurerie
The revenue of GERDAN in 2023 is 1.0 M€.
Yes, GERDAN generated a net profit of 40 k€ in 2023.
The headquarters of GERDAN is located in GERTWILLER (67140), in the department Bas-Rhin.
The tax return of GERDAN 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).
GERDAN operates in the sector Travaux de menuiserie métallique et serrurerie (NAF code 43.32B). See the 'Sector positioning' section above to compare the company with its competitors.