SIREN : 480241389
GLASSGO is a French company founded 21 years ago, specialized in the sector Travaux de menuiserie métallique et serrurerie. Based in CHOLET (49300), this company of category PME shows in 2024 a revenue of 2.8 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2 797 649 € | 2 507 089 € | 2 828 685 € | 2 244 218 € | 1 906 254 € | 2 176 656 € | 1 582 943 € | 1 582 943 € | N/C |
| Net income | 135 858 € | 141 476 € | 125 054 € | 73 716 € | 87 104 € | 171 065 € | 99 571 € | 99 571 € | 13 186 € |
| EBITDA | 215 030 € | 241 863 € | 213 722 € | 150 300 € | 109 892 € | 268 636 € | 145 253 € | 145 253 € | N/C |
| Net margin | 4.9% | 5.6% | 4.4% | 3.3% | 4.6% | 7.9% | 6.3% | 6.3% | N/C |
In 2024, GLASSGO achieves revenue of 2.8 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.5%. Vs 2023, growth of +12% (2.5 M€ -> 2.8 M€). After deducting consumption (1.4 M€), gross margin stands at 1.4 M€, i.e. a rate of 51%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 215 k€, representing 7.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 136 k€, i.e. 4.9% of revenue. This profit can be retained or distributed to shareholders.
2 797 649 €
1 415 856 €
215 030 €
214 912 €
135 858 €
7.7%
The debt ratio (= Financial debt / Equity x 100) stands at 35%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 48%. 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 1.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
35.22%
48.399%
4.837%
1.171
26.9%
In 2024, the debt ratio of GLASSGO (35.22) 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 GLASSGO (48.4%) 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 GLASSGO (1.17) 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 266.76. 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 1.1x. Coverage is limited: any activity downturn would jeopardize interest payments.
266.762
1.058
In 2024, the liquidity ratio of GLASSGO (266.76) 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 2024, the interest coverage of GLASSGO (1.1x) 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: 62 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 31 days. The gap of 31 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 29 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 90 days of revenue, i.e. 700 k€ to permanently finance.
700 084 €
62 j
31 j
29 j
90 j
Based on 51 transactions of similar company sales
in 2024,
the value of GLASSGO is estimated at
379 199 €
(range 191 435€ - 576 667€).
With an EBITDA of 215 030€, the sector multiple of 1.6x is applied.
The price/revenue ratio is 0.14x
(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 51 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 GLASSGO with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de menuiserie métallique et serrurerie
The revenue of GLASSGO in 2024 is 2.8 M€.
Yes, GLASSGO generated a net profit of 136 k€ in 2024.
The headquarters of GLASSGO is located in CHOLET (49300), in the department Maine-et-Loire.
The tax return of GLASSGO 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).
GLASSGO 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.