GUYENNE SANITAIRE : revenue, balance sheet and financial ratios

GUYENNE SANITAIRE is a French company founded 28 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in MERIGNAC (33700), this company of category PME shows in 2021 a revenue of 16.3 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

Financial history - GUYENNE SANITAIRE (SIREN 414655399)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 16 334 950 € 13 847 466 € 14 427 251 € 13 864 690 € 14 856 069 € 15 353 182 €
Net income -565 118 € -211 669 € 7 489 € 331 233 € 390 594 € 347 819 €
EBITDA -622 336 € 116 999 € 242 205 € 546 289 € 690 166 € 661 160 €
Net margin -3.5% -1.5% 0.1% 2.4% 2.6% 2.3%

Revenue and income statement

In 2021, GUYENNE SANITAIRE achieves revenue of 16.3 M€. Revenue is growing positively over 6 years (CAGR: +1.2%). Vs 2020, growth of +18% (13.8 M€ -> 16.3 M€). After deducting consumption (6.1 M€), gross margin stands at 10.3 M€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -622 k€, representing -3.8% of revenue. Warning negative scissor effect: despite revenue change (+18%), EBITDA varies by -632%, reducing margin by 4.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -565 k€ (-3.5% of revenue), which will impact equity.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

16 334 950 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

10 263 017 €

EBITDA (2021) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

-622 336 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-838 061 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-565 118 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-3.8%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 199%. 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 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

199.066%

Financial autonomy (2021) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

18.15%

Cash flow / Revenue (2021) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

-5.69%

Repayment capacity (2021) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

-4.36

Asset age ratio (2021) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

20.3%

Solvency indicators evolution
GUYENNE SANITAIRE

Sector positioning

Debt ratio
199.07 2021
2019
2020
2021
Q1: 1.84
Med: 21.9
Q3: 71.92
Average

In 2021, the debt ratio of GUYENNE SANITAIRE (199.07) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
18.15% 2021
2019
2020
2021
Q1: 11.64%
Med: 33.42%
Q3: 53.45%
Average -20 pts over 3 years

In 2021, the financial autonomy of GUYENNE SANITAIRE (18.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-4.36 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.1 years
Q3: 1.45 years
Excellent -50 pts over 3 years

In 2021, the repayment capacity of GUYENNE SANITAIRE (-4.36) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 214.43. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

214.426

Interest coverage (2021) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

-10.645

Liquidity indicators evolution
GUYENNE SANITAIRE

Sector positioning

Liquidity ratio
214.43 2021
2019
2020
2021
Q1: 155.04
Med: 218.36
Q3: 312.02
Average

In 2021, the liquidity ratio of GUYENNE SANITAIRE (214.43) 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.

Interest coverage
-10.64x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.06x
Q3: 1.45x
Average -50 pts over 3 years

In 2021, the interest coverage of GUYENNE SANITAIRE (-10.6x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 88 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 80 days. The company must finance 8 days of gap between collections and payments. Inventory turnover is 60 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 145 days of revenue, i.e. 6.6 M€ to permanently finance.

Operating WCR (2021) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

6 564 363 €

Customer credit (2021) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

88 j

Supplier credit (2021) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

80 j

Inventory turnover (2021) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

60 j

WCR in days of revenue (2021) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

145 j

WCR and payment terms evolution
GUYENNE SANITAIRE

Positioning of GUYENNE SANITAIRE in its sector

Comparison with sector Travaux d'installation d'eau et de gaz en tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (24 transactions). This range of 2 939 905€ to 8 952 497€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
2939k€ 3658k€ 8952k€
3 658 238 € Range: 2 939 905€ - 8 952 497€
NAF 5 année 2021

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 24 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Travaux d'installation d'eau et de gaz en tous locaux)

Compare GUYENNE SANITAIRE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux

Frequently asked questions about GUYENNE SANITAIRE

What is the revenue of GUYENNE SANITAIRE ?

The revenue of GUYENNE SANITAIRE in 2021 is 16.3 M€.

Is GUYENNE SANITAIRE profitable?

GUYENNE SANITAIRE recorded a net loss in 2021.

Where is the headquarters of GUYENNE SANITAIRE ?

The headquarters of GUYENNE SANITAIRE is located in MERIGNAC (33700), in the department Gironde.

Where to find the tax return of GUYENNE SANITAIRE ?

The tax return of GUYENNE SANITAIRE 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).

In which sector does GUYENNE SANITAIRE operate?

GUYENNE SANITAIRE operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.