MENUISERIE NAVARRO ET CIE : revenue, balance sheet and financial ratios

MENUISERIE NAVARRO ET CIE is a French company founded 42 years ago, specialized in the sector Travaux de menuiserie bois et PVC. Based in CAVALAIRE-SUR-MER (83240), this company of category PME shows in 2023 a revenue of 2.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - MENUISERIE NAVARRO ET CIE (SIREN 328429030)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 048 619 € 4 307 022 € 3 422 002 € 3 093 626 € 3 827 689 € 3 299 444 € 3 891 734 € 3 935 169 €
Net income -294 706 € 217 528 € 69 752 € -272 768 € -9 935 € -56 136 € 31 381 € 42 268 €
EBITDA -249 097 € 292 564 € 78 784 € -252 411 € 58 838 € 19 310 € 164 735 € 157 861 €
Net margin -14.4% 5.1% 2.0% -8.8% -0.3% -1.7% 0.8% 1.1%

Revenue and income statement

In 2023, MENUISERIE NAVARRO ET CIE achieves revenue of 2.0 M€. Revenue is declining over the period 2016-2023 (CAGR: -8.9%). Significant drop of -52% vs 2022. After deducting consumption (764 k€), gross margin stands at 1.3 M€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -249 k€, representing -12.2% of revenue. Warning negative scissor effect: despite revenue change (-52%), EBITDA varies by -185%, reducing margin by 19.0 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -295 k€ (-14.4% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 048 619 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 284 904 €

EBITDA (2023) ?
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

-249 097 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-291 468 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-294 706 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-12.2%

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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 148%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

148.114%

Financial autonomy (2023) ?
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

36.842%

Cash flow / Revenue (2023) ?
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

-22.973%

Repayment capacity (2023) ?
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

-1.283

Asset age ratio (2023) ?
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

43.6%

Solvency indicators evolution
MENUISERIE NAVARRO ET CIE

Sector positioning

Debt ratio
148.11 2023
2021
2022
2023
Q1: 4.61
Med: 24.31
Q3: 63.43
Average

In 2023, the debt ratio of MENUISERIE NAVARRO ET CIE (148.11) 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
36.84% 2023
2021
2022
2023
Q1: 17.63%
Med: 36.9%
Q3: 54.57%
Average

In 2023, the financial autonomy of MENUISERIE NAVARRO ET CIE (36.8%) 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
-1.28 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.4 years
Q3: 1.64 years
Excellent -50 pts over 3 years

In 2023, the repayment capacity of MENUISERIE NAVARRO ET CIE (-1.28) 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 1162.93. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

1162.929

Interest coverage (2023) ?
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

-2.261

Liquidity indicators evolution
MENUISERIE NAVARRO ET CIE

Sector positioning

Liquidity ratio
1162.93 2023
2021
2022
2023
Q1: 148.47
Med: 205.87
Q3: 296.13
Excellent

In 2023, the liquidity ratio of MENUISERIE NAVARRO ET CIE (1162.93) 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
-2.26x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.49x
Q3: 2.62x
Average -50 pts over 3 years

In 2023, the interest coverage of MENUISERIE NAVARRO ET CIE (-2.3x) 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: 65 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 3 days. The gap of 62 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 73 days of revenue, i.e. 418 k€ to permanently finance. Notable WCR improvement over the period (-44%), freeing up cash.

Operating WCR (2023) ?
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

417 631 €

Customer credit (2023) ?
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

65 j

Supplier credit (2023) ?
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

3 j

Inventory turnover (2023) ?
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 (2023) ?
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

73 j

WCR and payment terms evolution
MENUISERIE NAVARRO ET CIE

Positioning of MENUISERIE NAVARRO ET CIE in its sector

Comparison with sector Travaux de menuiserie bois et PVC

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 126 822€ to 587 464€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
126k€ 217k€ 587k€
217 573 € Range: 126 822€ - 587 464€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 22 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 de menuiserie bois et PVC)

Compare MENUISERIE NAVARRO ET CIE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de menuiserie bois et PVC

Frequently asked questions about MENUISERIE NAVARRO ET CIE

What is the revenue of MENUISERIE NAVARRO ET CIE ?

The revenue of MENUISERIE NAVARRO ET CIE in 2023 is 2.0 M€.

Is MENUISERIE NAVARRO ET CIE profitable?

MENUISERIE NAVARRO ET CIE recorded a net loss in 2023.

Where is the headquarters of MENUISERIE NAVARRO ET CIE ?

The headquarters of MENUISERIE NAVARRO ET CIE is located in CAVALAIRE-SUR-MER (83240), in the department Var.

Where to find the tax return of MENUISERIE NAVARRO ET CIE ?

The tax return of MENUISERIE NAVARRO ET CIE 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 MENUISERIE NAVARRO ET CIE operate?

MENUISERIE NAVARRO ET CIE operates in the sector Travaux de menuiserie bois et PVC (NAF code 43.32A). See the 'Sector positioning' section above to compare the company with its competitors.