LES ENROBES DES VOSGES : revenue, balance sheet and financial ratios

LES ENROBES DES VOSGES is a French company founded 33 years ago, specialized in the sector Fabrication d'autres produits minéraux non métalliques n.c.a.. Based in GOLBEY (88190), this company of category GE shows in 2024 a revenue of 25 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 - LES ENROBES DES VOSGES (SIREN 390843894)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016 2014
Revenue 25 233 € 13 317 € 69 920 € 147 082 € 181 507 € 229 832 € 567 345 € 615 477 € 332 € 342 €
Net income 7 136 € 613 € 17 035 € 5 187 € -5 061 € -2 945 € 369 € 11 221 € 16 € 11 €
EBITDA -1 380 450 € -1 481 629 € -1 723 640 € 1 531 969 € 1 010 717 € -940 761 € 558 024 € -384 029 € 505 € 2 345 €
Net margin 28.3% 4.6% 24.4% 3.5% -2.8% -1.3% 0.1% 1.8% 4.8% 3.2%

Revenue and income statement

In 2024, LES ENROBES DES VOSGES achieves revenue of 25 k€. Over the period 2014-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +53.7%. Vs 2023, growth of +89% (13 k€ -> 25 k€). After deducting consumption (1.0 M€), gross margin stands at -992 k€, i.e. a rate of -3933%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.4 M€, representing -5470.8% of revenue. Positive scissor effect: EBITDA margin improves by +5655.0 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 7 k€, i.e. 28.3% 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

25 233 €

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

-992 338 €

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

-1 380 450 €

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

7 598 €

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

7 136 €

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

-5470.8%

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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 64%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 33%. The balance between equity and debt is satisfactory.

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

63.89%

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

33.246%

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

-5702.251%

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

-0.085

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

5.1%

Solvency indicators evolution
LES ENROBES DES VOSGES

Sector positioning

Debt ratio
63.89 2024
2022
2023
2024
Q1: 0.0
Med: 11.35
Q3: 71.05
Average

In 2024, the debt ratio of LES ENROBES DES VOSGES (63.89) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
33.25% 2024
2022
2023
2024
Q1: 9.68%
Med: 23.36%
Q3: 45.54%
Good +19 pts over 3 years

In 2024, the financial autonomy of LES ENROBES DES VOSGES (33.2%) 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
-0.09 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.65 years
Excellent

In 2024, the repayment capacity of LES ENROBES DES VOSGES (-0.09) 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 152.48. 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

152.479

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

-0.084

Liquidity indicators evolution
LES ENROBES DES VOSGES

Sector positioning

Liquidity ratio
152.48 2024
2022
2023
2024
Q1: 94.61
Med: 137.76
Q3: 236.84
Good +8 pts over 3 years

In 2024, the liquidity ratio of LES ENROBES DES VOSGES (152.48) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
-0.08x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.99x
Q3: 6.91x
Average

In 2024, the interest coverage of LES ENROBES DES VOSGES (-0.1x) 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: 2647 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 days. The gap of 2590 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 1102 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 5300 days of revenue, i.e. 372 k€ to permanently finance. Over 2014-2024, WCR increased by +53898%, 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

371 509 €

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

2647 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

1102 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

5300 j

WCR and payment terms evolution
LES ENROBES DES VOSGES

Positioning of LES ENROBES DES VOSGES in its sector

Comparison with sector Fabrication d'autres produits minéraux non métalliques n.c.a.

Valuation estimate

Based on 228 transactions of similar company sales (all years), the value of LES ENROBES DES VOSGES is estimated at 7 098 € (range 2 713€ - 18 009€). 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 2024
228 transactions
2k€ 7k€ 18k€
7 098 € Range: 2 713€ - 18 009€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
25 233 € × 0.13x
Estimation 3 232 €
2 230€ - 9 611€
Net Income Multiple 20%
7 136 € × 1.8x
Estimation 12 899 €
3 440€ - 30 608€
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 d'autres produits minéraux non métalliques n.c.a.)

Compare LES ENROBES DES VOSGES with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres produits minéraux non métalliques n.c.a.

Frequently asked questions about LES ENROBES DES VOSGES

What is the revenue of LES ENROBES DES VOSGES ?

The revenue of LES ENROBES DES VOSGES in 2024 is 25 k€.

Is LES ENROBES DES VOSGES profitable?

Yes, LES ENROBES DES VOSGES generated a net profit of 7 k€ in 2024.

Where is the headquarters of LES ENROBES DES VOSGES ?

The headquarters of LES ENROBES DES VOSGES is located in GOLBEY (88190), in the department Vosges.

Where to find the tax return of LES ENROBES DES VOSGES ?

The tax return of LES ENROBES DES VOSGES 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 LES ENROBES DES VOSGES operate?

LES ENROBES DES VOSGES operates in the sector Fabrication d'autres produits minéraux non métalliques n.c.a. (NAF code 23.99Z). See the 'Sector positioning' section above to compare the company with its competitors.