LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION : revenue, balance sheet and financial ratios

LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION is a French company founded 13 years ago, specialized in the sector Travaux d'isolation. Based in MARSEILLE (13014), this company of category PME shows in 2021 a revenue of 1.5 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 - LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION (SIREN 751915745)
Indicator 2021 2020 2019 2018 2017
Revenue 1 547 828 € 2 523 262 € 1 441 276 € 2 367 568 € 1 907 766 €
Net income -266 784 € 31 267 € 18 990 € 37 539 € 42 064 €
EBITDA -239 451 € 67 300 € 95 122 € 100 079 € 70 238 €
Net margin -17.2% 1.2% 1.3% 1.6% 2.2%

Revenue and income statement

In 2021, LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION achieves revenue of 1.5 M€. Revenue is declining over the period 2017-2021 (CAGR: -5.1%). Significant drop of -39% vs 2020. After deducting consumption (429 k€), gross margin stands at 1.1 M€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -239 k€, representing -15.5% of revenue. Warning negative scissor effect: despite revenue change (-39%), EBITDA varies by -456%, reducing margin by 18.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -267 k€ (-17.2% 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

1 547 828 €

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

1 118 917 €

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

-239 451 €

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

-251 549 €

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

-266 784 €

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

-15.5%

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 713%. 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 5%. 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

713.008%

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

5.463%

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

-20.65%

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

-1.491

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

54.3%

Solvency indicators evolution
LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION

Sector positioning

Debt ratio
713.01 2021
2019
2020
2021
Q1: 0.89
Med: 22.75
Q3: 81.8
Watch

In 2021, the debt ratio of LA PHOCEENNE DE CONSTRUCT... (713.01) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
5.46% 2021
2019
2020
2021
Q1: 9.55%
Med: 28.36%
Q3: 49.15%
Average -22 pts over 3 years

In 2021, the financial autonomy of LA PHOCEENNE DE CONSTRUCT... (5.5%) 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
-1.49 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.13 years
Q3: 1.78 years
Excellent -51 pts over 3 years

In 2021, the repayment capacity of LA PHOCEENNE DE CONSTRUCT... (-1.49) 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 141.80. 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

141.804

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

-10.447

Liquidity indicators evolution
LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION

Sector positioning

Liquidity ratio
141.8 2021
2019
2020
2021
Q1: 137.05
Med: 193.68
Q3: 285.26
Average -10 pts over 3 years

In 2021, the liquidity ratio of LA PHOCEENNE DE CONSTRUCT... (141.80) 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
-10.45x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.09x
Q3: 1.64x
Watch -52 pts over 3 years

In 2021, the interest coverage of LA PHOCEENNE DE CONSTRUCT... (-10.4x) 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: 165 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 98 days. The gap of 67 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 83 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 217 days of revenue, i.e. 933 k€ to permanently finance. Over 2017-2021, WCR increased by +21%, 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

933 232 €

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

165 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

98 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

83 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

217 j

WCR and payment terms evolution
LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION

Positioning of LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION in its sector

Comparison with sector Travaux d'isolation

Valuation estimate

Based on 58 transactions of similar company sales (all years), the value of LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION is estimated at 315 255 € (range 202 829€ - 468 227€). The price/revenue ratio is 0.20x (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.

Estimated enterprise value 2021
58 tx
202k€ 315k€ 468k€
315 255 € Range: 202 829€ - 468 227€
NAF 5 all-time

Valuation method used

Revenue Multiple
1 547 828 € × 0.20x = 315 255 €
Range: 202 829€ - 468 228€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 58 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'isolation)

Compare LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'isolation

Frequently asked questions about LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION

What is the revenue of LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION ?

The revenue of LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION in 2021 is 1.5 M€.

Is LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION profitable?

LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION recorded a net loss in 2021.

Where is the headquarters of LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION ?

The headquarters of LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION is located in MARSEILLE (13014), in the department Bouches-du-Rhone.

Where to find the tax return of LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION ?

The tax return of LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION 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 LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION operate?

LA PHOCEENNE DE CONSTRUCTION ET D ISOLATION operates in the sector Travaux d'isolation (NAF code 43.29A). See the 'Sector positioning' section above to compare the company with its competitors.