NATIONAL BANK OF KUWAIT FRANCE SA : revenue, balance sheet and financial ratios

NATIONAL BANK OF KUWAIT FRANCE SA is a French company founded 7 years ago, specialized in the sector Autres intermédiations monétaires. Based in PARIS (75008), this company of category PME shows in 2023 a revenue of 3.9 M€. 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 - NATIONAL BANK OF KUWAIT FRANCE SA (SIREN 840233266)
Indicator 2023 2022
Revenue 3 852 294 € 3 116 967 €
Net income 10 206 256 € -1 921 196 €
EBITDA -10 844 526 € -8 585 428 €
Net margin 264.9% -61.6%

Revenue and income statement

In 2023, NATIONAL BANK OF KUWAIT FRANCE SA achieves revenue of 3.9 M€. Vs 2022, growth of +24% (3.1 M€ -> 3.9 M€). After deducting consumption (0 €), gross margin stands at 3.9 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 -10.8 M€, representing -281.5% of revenue. Warning negative scissor effect: despite revenue change (+24%), EBITDA varies by -26%, reducing margin by 6.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 10.2 M€, i.e. 264.9% of revenue. This profit can be retained or distributed to shareholders.

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

3 852 294 €

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

3 852 294 €

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

-10 844 526 €

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

-10 692 411 €

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

10 206 256 €

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

-281.5%

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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 369%. 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 21%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 79.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 278.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

369.332%

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

20.714%

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

278.192%

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

79.887

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

50.5%

Solvency indicators evolution
NATIONAL BANK OF KUWAIT FRANCE SA

Sector positioning

Debt ratio
369.33 2023
2022
2023
Q1: 0.0
Med: 2.31
Q3: 480.76
Average +12 pts over 2 years

In 2023, the debt ratio of NATIONAL BANK OF KUWAIT F... (369.33) 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
20.71% 2023
2022
2023
Q1: 3.92%
Med: 8.69%
Q3: 52.89%
Good -7 pts over 2 years

In 2023, the financial autonomy of NATIONAL BANK OF KUWAIT F... (20.7%) 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
79.89 years 2023
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 24.76 years
Watch -21 pts over 2 years

In 2023, the repayment capacity of NATIONAL BANK OF KUWAIT F... (79.89) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 896.36. 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

896.359

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

-297.081

Liquidity indicators evolution
NATIONAL BANK OF KUWAIT FRANCE SA

Sector positioning

Liquidity ratio
896.36 2023
2022
2023
Q1: 0.0
Med: 107.46
Q3: 357.86
Excellent

In 2023, the liquidity ratio of NATIONAL BANK OF KUWAIT F... (896.36) 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
-297.08x 2023
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 6.44x
Watch

In 2023, the interest coverage of NATIONAL BANK OF KUWAIT F... (-297.1x) 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: 203 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 0 days. The gap of 203 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-2347 days): operations structurally generate 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

-25 117 381 €

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

203 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

0 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

-2347 j

WCR and payment terms evolution
NATIONAL BANK OF KUWAIT FRANCE SA

Positioning of NATIONAL BANK OF KUWAIT FRANCE SA in its sector

Comparison with sector Autres intermédiations monétaires

Valuation estimate

Based on 94 transactions of similar company sales in 2023, the value of NATIONAL BANK OF KUWAIT FRANCE SA is estimated at 40 474 230 € (range 15 026 525€ - 63 476 387€). The price/revenue ratio is 0.39x (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 2023
94 tx
15026k€ 40474k€ 63476k€
40 474 230 € Range: 15 026 525€ - 63 476 387€
Section année 2023 Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
3 852 294 € × 0.39x
Estimation 1 489 253 €
683 108€ - 2 899 512€
Net Income Multiple 20%
10 206 256 € × 9.7x
Estimation 98 951 697 €
36 541 652€ - 154 341 702€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 94 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 (Autres intermédiations monétaires)

Compare NATIONAL BANK OF KUWAIT FRANCE SA with other companies in the same sector:

Voir toutes les statistiques du secteur Autres intermédiations monétaires

Frequently asked questions about NATIONAL BANK OF KUWAIT FRANCE SA

What is the revenue of NATIONAL BANK OF KUWAIT FRANCE SA ?

The revenue of NATIONAL BANK OF KUWAIT FRANCE SA in 2023 is 3.9 M€.

Is NATIONAL BANK OF KUWAIT FRANCE SA profitable?

Yes, NATIONAL BANK OF KUWAIT FRANCE SA generated a net profit of 10.2 M€ in 2023.

Where is the headquarters of NATIONAL BANK OF KUWAIT FRANCE SA ?

The headquarters of NATIONAL BANK OF KUWAIT FRANCE SA is located in PARIS (75008), in the department Paris.

Where to find the tax return of NATIONAL BANK OF KUWAIT FRANCE SA ?

The tax return of NATIONAL BANK OF KUWAIT FRANCE SA 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 NATIONAL BANK OF KUWAIT FRANCE SA operate?

NATIONAL BANK OF KUWAIT FRANCE SA operates in the sector Autres intermédiations monétaires (NAF code 64.19Z). See the 'Sector positioning' section above to compare the company with its competitors.