KRONOS SYSTEMES SA : revenue, balance sheet and financial ratios

KRONOS SYSTEMES SA is a French company founded 126 years ago, specialized in the sector Réparation de matériels électroniques et optiques. Based in VANDŒUVRE-LES-NANCY (54500), this company of category PME shows in 2024 a revenue of 6.0 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

Financial history - KRONOS SYSTEMES SA (SIREN 784691560)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 6 003 639 € 4 652 497 € 4 536 295 € 2 830 438 € 2 949 235 € 2 643 556 € 3 001 733 € 3 265 740 € 3 371 070 €
Net income 279 741 € -678 718 € 342 672 € -141 616 € 528 192 € 499 786 € 468 153 € 303 418 € 139 321 €
EBITDA 116 059 € -807 185 € 351 755 € -102 156 € 203 133 € 627 549 € 485 421 € 118 728 € 167 918 €
Net margin 4.7% -14.6% 7.6% -5.0% 17.9% 18.9% 15.6% 9.3% 4.1%

Revenue and income statement

In 2024, KRONOS SYSTEMES SA achieves revenue of 6.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.5%. Vs 2023, growth of +29% (4.7 M€ -> 6.0 M€). After deducting consumption (176 k€), gross margin stands at 5.8 M€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 116 k€, representing 1.9% of revenue. Positive scissor effect: EBITDA margin improves by +19.3 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 280 k€, i.e. 4.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

6 003 639 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

5 828 021 €

EBITDA (2024) ?
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

116 059 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

200 031 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

279 741 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.9%

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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 -20%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-1.695%

Financial autonomy (2024) ?
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

-19.807%

Cash flow / Revenue (2024) ?
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

3.316%

Repayment capacity (2024) ?
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

0.061

Asset age ratio (2024) ?
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

5.8%

Solvency indicators evolution
KRONOS SYSTEMES SA

Sector positioning

Debt ratio
-1.7 2024
2022
2023
2024
Q1: 0.05
Med: 9.93
Q3: 29.51
Excellent

In 2024, the debt ratio of KRONOS SYSTEMES SA (-1.70) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-19.81% 2024
2022
2023
2024
Q1: 26.48%
Med: 50.0%
Q3: 62.83%
Watch

In 2024, the financial autonomy of KRONOS SYSTEMES SA (-19.8%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
0.06 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.88 years
Average +27 pts over 3 years

In 2024, the repayment capacity of KRONOS SYSTEMES SA (0.06) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 183.43. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

183.431

Interest coverage (2024) ?
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

-49.115

Liquidity indicators evolution
KRONOS SYSTEMES SA

Sector positioning

Liquidity ratio
183.43 2024
2022
2023
2024
Q1: 189.26
Med: 248.71
Q3: 335.97
Watch -10 pts over 3 years

In 2024, the liquidity ratio of KRONOS SYSTEMES SA (183.43) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-49.12x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 2.24x
Watch -52 pts over 3 years

In 2024, the interest coverage of KRONOS SYSTEMES SA (-49.1x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 83 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 70 days. The company must finance 13 days of gap between collections and payments. WCR is negative (-4 days): operations structurally generate cash. Over 2016-2024, WCR increased by +97%, requiring additional financing.

Operating WCR (2024) ?
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

-70 243 €

Customer credit (2024) ?
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

83 j

Supplier credit (2024) ?
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

70 j

Inventory turnover (2024) ?
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 (2024) ?
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
KRONOS SYSTEMES SA

Positioning of KRONOS SYSTEMES SA in its sector

Comparison with sector Réparation de matériels électroniques et optiques

Valuation estimate

Based on 197 transactions of similar company sales (all years), the value of KRONOS SYSTEMES SA is estimated at 766 546 € (range 350 058€ - 1 563 031€). With an EBITDA of 116 059€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.28x (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.

Estimated enterprise value 2024
197 transactions
350k€ 766k€ 1563k€
766 546 € Range: 350 058€ - 1 563 031€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
116 059 € × 2.4x
Estimation 280 633 €
89 375€ - 702 146€
Revenue Multiple 30%
6 003 639 € × 0.28x
Estimation 1 710 789 €
859 271€ - 3 052 671€
Net Income Multiple 20%
279 741 € × 2.0x
Estimation 564 968 €
237 950€ - 1 480 786€
How is this estimate calculated?

This estimate is based on the analysis of 197 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 (Réparation de matériels électroniques et optiques)

Compare KRONOS SYSTEMES SA with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation de matériels électroniques et optiques

Frequently asked questions about KRONOS SYSTEMES SA

What is the revenue of KRONOS SYSTEMES SA ?

The revenue of KRONOS SYSTEMES SA in 2024 is 6.0 M€.

Is KRONOS SYSTEMES SA profitable?

Yes, KRONOS SYSTEMES SA generated a net profit of 280 k€ in 2024.

Where is the headquarters of KRONOS SYSTEMES SA ?

The headquarters of KRONOS SYSTEMES SA is located in VANDŒUVRE-LES-NANCY (54500), in the department Meurthe-et-Moselle.

Where to find the tax return of KRONOS SYSTEMES SA ?

The tax return of KRONOS SYSTEMES SA 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 KRONOS SYSTEMES SA operate?

KRONOS SYSTEMES SA operates in the sector Réparation de matériels électroniques et optiques (NAF code 33.13Z). See the 'Sector positioning' section above to compare the company with its competitors.