L'ATELIER DU VITRAIL : revenue, balance sheet and financial ratios

L'ATELIER DU VITRAIL is a French company founded 66 years ago, specialized in the sector Fabrication et façonnage d'autres articles en verre, y compris verre technique. Based in LIMOGES (87000), this company of category PME shows in 2022 a revenue of 497 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - L'ATELIER DU VITRAIL (SIREN 760500710)
Indicator 2022 2021 2020 2019 2017 2016
Revenue 497 495 € 403 512 € 268 325 € 441 290 € 542 255 € 597 342 €
Net income -15 317 € 4 853 € 5 221 € -18 759 € 28 083 € -3 534 €
EBITDA -21 013 € -13 605 € 18 192 € -18 922 € 32 009 € -19 934 €
Net margin -3.1% 1.2% 1.9% -4.3% 5.2% -0.6%

Revenue and income statement

In 2022, L'ATELIER DU VITRAIL achieves revenue of 497 k€. Activity remains stable over the period (CAGR: -3.0%). Vs 2021, growth of +23% (404 k€ -> 497 k€). After deducting consumption (80 k€), gross margin stands at 418 k€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -21 k€, representing -4.2% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -15 k€ (-3.1% of revenue), which will impact equity.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

497 495 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

417 789 €

EBITDA (2022) ?
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

-21 013 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-47 633 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-15 317 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-4.0%

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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 9%. 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 78%. 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 3.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

8.764%

Financial autonomy (2022) ?
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

77.915%

Cash flow / Revenue (2022) ?
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

2.132%

Repayment capacity (2022) ?
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

3.655

Asset age ratio (2022) ?
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

11.8%

Solvency indicators evolution
L'ATELIER DU VITRAIL

Sector positioning

Debt ratio
8.76 2022
2020
2021
2022
Q1: 0.41
Med: 23.88
Q3: 85.67
Good -9 pts over 3 years

In 2022, the debt ratio of L'ATELIER DU VITRAIL (8.76) 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
77.92% 2022
2020
2021
2022
Q1: 25.55%
Med: 42.85%
Q3: 67.49%
Excellent

In 2022, the financial autonomy of L'ATELIER DU VITRAIL (77.9%) 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
3.65 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.52 years
Q3: 3.65 years
Average +14 pts over 3 years

In 2022, the repayment capacity of L'ATELIER DU VITRAIL (3.65) 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 569.73. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

569.732

Interest coverage (2022) ?
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

-2.227

Liquidity indicators evolution
L'ATELIER DU VITRAIL

Sector positioning

Liquidity ratio
569.73 2022
2020
2021
2022
Q1: 184.62
Med: 272.82
Q3: 437.41
Excellent

In 2022, the liquidity ratio of L'ATELIER DU VITRAIL (569.73) 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
-2.23x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.22x
Q3: 2.64x
Watch -50 pts over 3 years

In 2022, the interest coverage of L'ATELIER DU VITRAIL (-2.2x) 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: 154 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 26 days. The gap of 128 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 162 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 294 days of revenue, i.e. 406 k€ to permanently finance. Over 2016-2022, WCR increased by +28%, requiring additional financing.

Operating WCR (2022) ?
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

405 916 €

Customer credit (2022) ?
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

154 j

Supplier credit (2022) ?
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

26 j

Inventory turnover (2022) ?
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

162 j

WCR in days of revenue (2022) ?
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

294 j

WCR and payment terms evolution
L'ATELIER DU VITRAIL

Positioning of L'ATELIER DU VITRAIL in its sector

Comparison with sector Fabrication et façonnage d'autres articles en verre, y compris verre technique

Valuation estimate

Based on 228 transactions of similar company sales (all years), the value of L'ATELIER DU VITRAIL is estimated at 63 725 € (range 43 960€ - 189 494€). The price/revenue ratio is 0.13x (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 2022
228 transactions
43k€ 63k€ 189k€
63 725 € Range: 43 960€ - 189 494€
Section all-time Aggregated at NAF section level

Valuation method used

Revenue Multiple
497 495 € × 0.13x = 63 725 €
Range: 43 961€ - 189 494€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 228 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 (Fabrication et façonnage d'autres articles en verre, y compris verre technique)

Compare L'ATELIER DU VITRAIL with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication et façonnage d'autres articles en verre, y compris verre technique

Frequently asked questions about L'ATELIER DU VITRAIL

What is the revenue of L'ATELIER DU VITRAIL ?

The revenue of L'ATELIER DU VITRAIL in 2022 is 497 k€.

Is L'ATELIER DU VITRAIL profitable?

L'ATELIER DU VITRAIL recorded a net loss in 2022.

Where is the headquarters of L'ATELIER DU VITRAIL ?

The headquarters of L'ATELIER DU VITRAIL is located in LIMOGES (87000), in the department Haute-Vienne.

Where to find the tax return of L'ATELIER DU VITRAIL ?

The tax return of L'ATELIER DU VITRAIL 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 L'ATELIER DU VITRAIL operate?

L'ATELIER DU VITRAIL operates in the sector Fabrication et façonnage d'autres articles en verre, y compris verre technique (NAF code 23.19Z). See the 'Sector positioning' section above to compare the company with its competitors.