INSTITUT NAISSANCE & FORMATIONS : revenue, balance sheet and financial ratios

INSTITUT NAISSANCE & FORMATIONS is a French company founded 22 years ago, specialized in the sector Formation continue d'adultes. Based in UNGERSHEIM (68190), this company of category PME shows in 2021 a revenue of 60 k€. 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 - INSTITUT NAISSANCE & FORMATIONS (SIREN 451533970)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 60 366 € 107 610 € 170 719 € 231 106 € 210 012 € 233 836 €
Net income -22 600 € -36 938 € 318 € 15 405 € 4 713 € 9 158 €
EBITDA -33 080 € -35 990 € -14 920 € 2 956 € 8 284 € 15 369 €
Net margin -37.4% -34.3% 0.2% 6.7% 2.2% 3.9%

Revenue and income statement

In 2021, INSTITUT NAISSANCE & FORMATIONS achieves revenue of 60 k€. Revenue is declining over the period 2016-2021 (CAGR: -23.7%). Significant drop of -44% vs 2020. After deducting consumption (0 €), gross margin stands at 60 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -33 k€, representing -54.8% of revenue. Warning negative scissor effect: despite revenue change (-44%), EBITDA varies by +8%, reducing margin by 21.4 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -23 k€ (-37.4% 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

60 366 €

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

60 366 €

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

-33 080 €

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

-29 405 €

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

-22 600 €

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

-53.1%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 90%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

2.231%

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

89.637%

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

-42.164%

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

-0.164

Solvency indicators evolution
INSTITUT NAISSANCE & FORMATIONS

Sector positioning

Debt ratio
2.23 2021
2019
2020
2021
Q1: 0.0
Med: 5.86
Q3: 64.45
Good -16 pts over 3 years

In 2021, the debt ratio of INSTITUT NAISSANCE & FORM... (2.23) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
89.64% 2021
2019
2020
2021
Q1: 3.7%
Med: 29.9%
Q3: 57.44%
Excellent

In 2021, the financial autonomy of INSTITUT NAISSANCE & FORM... (89.6%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
-0.16 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 0.96 years
Excellent

In 2021, the repayment capacity of INSTITUT NAISSANCE & FORM... (-0.16) 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 650.41. 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

650.406

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

0.0

Liquidity indicators evolution
INSTITUT NAISSANCE & FORMATIONS

Sector positioning

Liquidity ratio
650.41 2021
2019
2020
2021
Q1: 135.01
Med: 226.37
Q3: 386.08
Excellent

In 2021, the liquidity ratio of INSTITUT NAISSANCE & FORM... (650.41) 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.

Interest coverage
0.0x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 0.47x
Average

In 2021, the interest coverage of INSTITUT NAISSANCE & FORM... (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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 66 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 45 days. The company must finance 21 days of gap between collections and payments. Overall, WCR represents 4 days of revenue, i.e. 702 € to permanently finance. Over 2016-2021, WCR increased by +102%, requiring additional financing.

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

702 €

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

66 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

45 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

0 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

4 j

WCR and payment terms evolution
INSTITUT NAISSANCE & FORMATIONS

Positioning of INSTITUT NAISSANCE & FORMATIONS in its sector

Comparison with sector Formation continue d'adultes

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (30 transactions). This range of 13 231€ to 50 971€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
13k€ 20k€ 50k€
20 671 € Range: 13 231€ - 50 971€
NAF 5 année 2021

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 30 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 (Formation continue d'adultes)

Compare INSTITUT NAISSANCE & FORMATIONS with other companies in the same sector:

Voir toutes les statistiques du secteur Formation continue d'adultes

Frequently asked questions about INSTITUT NAISSANCE & FORMATIONS

What is the revenue of INSTITUT NAISSANCE & FORMATIONS ?

The revenue of INSTITUT NAISSANCE & FORMATIONS in 2021 is 60 k€.

Is INSTITUT NAISSANCE & FORMATIONS profitable?

INSTITUT NAISSANCE & FORMATIONS recorded a net loss in 2021.

Where is the headquarters of INSTITUT NAISSANCE & FORMATIONS ?

The headquarters of INSTITUT NAISSANCE & FORMATIONS is located in UNGERSHEIM (68190), in the department Haut-Rhin.

Where to find the tax return of INSTITUT NAISSANCE & FORMATIONS ?

The tax return of INSTITUT NAISSANCE & FORMATIONS 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 INSTITUT NAISSANCE & FORMATIONS operate?

INSTITUT NAISSANCE & FORMATIONS operates in the sector Formation continue d'adultes (NAF code 85.59A). See the 'Sector positioning' section above to compare the company with its competitors.