LAT NITROGEN FRANCE SERVICES : revenue, balance sheet and financial ratios

LAT NITROGEN FRANCE SERVICES is a French company founded 65 years ago, specialized in the sector Activités des sièges sociaux. Based in COURBEVOIE (92400), this company of category ETI shows in 2024 a revenue of 11.7 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 - LAT NITROGEN FRANCE SERVICES (SIREN 611780198)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 11 662 288 € 12 015 009 € 12 263 501 € 11 113 248 € 10 607 124 € 12 673 040 € 13 404 523 € 13 207 995 € 13 172 992 €
Net income 374 518 € 408 964 € 326 724 € 327 134 € 377 949 € 402 789 € 410 609 € 401 412 € 294 723 €
EBITDA 1 259 791 € 1 249 849 € 1 248 907 € 988 180 € 888 818 € 1 310 776 € 1 565 958 € 1 504 568 € 8 926 419 €
Net margin 3.2% 3.4% 2.7% 2.9% 3.6% 3.2% 3.1% 3.0% 2.2%

Revenue and income statement

In 2024, LAT NITROGEN FRANCE SERVICES achieves revenue of 11.7 M€. Activity remains stable over the period (CAGR: -1.5%). Slight decline of -3% vs 2023. After deducting consumption (0 €), gross margin stands at 11.7 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.3 M€, representing 10.8% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 375 k€, i.e. 3.2% 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

11 662 288 €

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

11 662 288 €

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

1 259 791 €

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

653 400 €

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

374 518 €

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

10.8%

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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 0%. 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 66%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

0.046%

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

66.042%

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

9.337%

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

0.003

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

48.4%

Solvency indicators evolution
LAT NITROGEN FRANCE SERVICES

Sector positioning

Debt ratio
0.05 2024
2022
2023
2024
Q1: 0.06
Med: 14.61
Q3: 89.57
Excellent

In 2024, the debt ratio of LAT NITROGEN FRANCE SERVICES (0.05) 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
66.04% 2024
2022
2023
2024
Q1: 11.57%
Med: 51.97%
Q3: 85.24%
Good +6 pts over 3 years

In 2024, the financial autonomy of LAT NITROGEN FRANCE SERVICES (66.0%) 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.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.2 years
Q3: 3.73 years
Good -14 pts over 3 years

In 2024, the repayment capacity of LAT NITROGEN FRANCE SERVICES (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 156.98. 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 1.6x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

156.98

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

1.617

Liquidity indicators evolution
LAT NITROGEN FRANCE SERVICES

Sector positioning

Liquidity ratio
156.98 2024
2022
2023
2024
Q1: 116.63
Med: 458.65
Q3: 2184.57
Average

In 2024, the liquidity ratio of LAT NITROGEN FRANCE SERVICES (156.98) 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
1.62x 2024
2022
2023
2024
Q1: -45.56x
Med: 0.0x
Q3: 2.85x
Good +10 pts over 3 years

In 2024, the interest coverage of LAT NITROGEN FRANCE SERVICES (1.6x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 days. The company must finance 13 days of gap between collections and payments. Overall, WCR represents 58 days of revenue, i.e. 1.9 M€ to permanently finance. Over 2016-2024, WCR increased by +47%, 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

1 893 372 €

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

70 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

57 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

58 j

WCR and payment terms evolution
LAT NITROGEN FRANCE SERVICES

Positioning of LAT NITROGEN FRANCE SERVICES in its sector

Comparison with sector Activités des sièges sociaux

Valuation estimate

Based on 103 transactions of similar company sales in 2024, the value of LAT NITROGEN FRANCE SERVICES is estimated at 5 202 546 € (range 1 419 799€ - 9 828 808€). With an EBITDA of 1 259 791€, the sector multiple of 5.0x is applied. The price/revenue ratio is 0.38x (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
103 transactions
1419k€ 5202k€ 9828k€
5 202 546 € Range: 1 419 799€ - 9 828 808€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 259 791 € × 5.0x
Estimation 6 338 404 €
1 091 113€ - 10 485 676€
Revenue Multiple 30%
11 662 288 € × 0.38x
Estimation 4 403 890 €
2 099 025€ - 8 894 336€
Net Income Multiple 20%
374 518 € × 9.5x
Estimation 3 560 887 €
1 222 678€ - 9 588 353€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 103 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 (Activités des sièges sociaux)

Compare LAT NITROGEN FRANCE SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sièges sociaux

Frequently asked questions about LAT NITROGEN FRANCE SERVICES

What is the revenue of LAT NITROGEN FRANCE SERVICES ?

The revenue of LAT NITROGEN FRANCE SERVICES in 2024 is 11.7 M€.

Is LAT NITROGEN FRANCE SERVICES profitable?

Yes, LAT NITROGEN FRANCE SERVICES generated a net profit of 375 k€ in 2024.

Where is the headquarters of LAT NITROGEN FRANCE SERVICES ?

The headquarters of LAT NITROGEN FRANCE SERVICES is located in COURBEVOIE (92400), in the department Hauts-de-Seine.

Where to find the tax return of LAT NITROGEN FRANCE SERVICES ?

The tax return of LAT NITROGEN FRANCE SERVICES 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 LAT NITROGEN FRANCE SERVICES operate?

LAT NITROGEN FRANCE SERVICES operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.