NEPTUNE ARROSAGE : revenue, balance sheet and financial ratios

NEPTUNE ARROSAGE is a French company founded 56 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in NANTES (44100), this company of category PME shows in 2021 a revenue of 2.2 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 - NEPTUNE ARROSAGE (SIREN 870800711)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C 2 248 492 € 2 284 236 € 2 777 719 € 2 458 006 € 1 585 237 € 1 353 481 €
Net income 254 019 € 176 643 € 170 214 € 184 069 € 287 070 € 146 138 € 131 243 € 71 759 €
EBITDA N/C N/C 128 453 € 308 115 € 321 405 € 184 618 € 128 545 € -47 630 €
Net margin N/C N/C 7.6% 8.1% 10.3% 5.9% 8.3% 5.3%

Revenue and income statement

In 2023, NEPTUNE ARROSAGE generates positive net income of 254 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2023: 72 k€ -> 254 k€.

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

254 019 €

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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 29%. 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

0.03%

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

28.971%

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

2.7%

Solvency indicators evolution
NEPTUNE ARROSAGE

Sector positioning

Debt ratio
0.03 2023
2021
2022
2023
Q1: 1.67
Med: 17.71
Q3: 55.25
Excellent -38 pts over 3 years

In 2023, the debt ratio of NEPTUNE ARROSAGE (0.03) 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
28.97% 2023
2021
2022
2023
Q1: 11.53%
Med: 34.4%
Q3: 54.98%
Average +14 pts over 3 years

In 2023, the financial autonomy of NEPTUNE ARROSAGE (29.0%) 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
1.17 years 2021
2021
Q1: 0.0 years
Med: 0.1 years
Q3: 1.45 years
Average

In 2021, the repayment capacity of NEPTUNE ARROSAGE (1.17) 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 311.33. 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

311.326

Liquidity indicators evolution
NEPTUNE ARROSAGE

Sector positioning

Liquidity ratio
311.33 2023
2021
2022
2023
Q1: 155.64
Med: 216.86
Q3: 318.57
Good +40 pts over 3 years

In 2023, the liquidity ratio of NEPTUNE ARROSAGE (311.33) 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
4.54x 2021
2021
Q1: 0.0x
Med: 0.06x
Q3: 1.45x
Excellent

In 2021, the interest coverage of NEPTUNE ARROSAGE (4.5x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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 and payment terms evolution
NEPTUNE ARROSAGE

Positioning of NEPTUNE ARROSAGE in its sector

Comparison with sector Travaux d'installation d'eau et de gaz en tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (26 transactions). This range of 297 027€ to 1 545 924€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
297k€ 582k€ 1545k€
582 115 € Range: 297 027€ - 1 545 924€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 26 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 d'installation d'eau et de gaz en tous locaux)

Compare NEPTUNE ARROSAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux

Frequently asked questions about NEPTUNE ARROSAGE

What is the revenue of NEPTUNE ARROSAGE ?

The revenue of NEPTUNE ARROSAGE in 2021 is 2.2 M€.

Is NEPTUNE ARROSAGE profitable?

Yes, NEPTUNE ARROSAGE generated a net profit of 254 k€ in 2023.

Where is the headquarters of NEPTUNE ARROSAGE ?

The headquarters of NEPTUNE ARROSAGE is located in NANTES (44100), in the department Loire-Atlantique.

Where to find the tax return of NEPTUNE ARROSAGE ?

The tax return of NEPTUNE ARROSAGE 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 NEPTUNE ARROSAGE operate?

NEPTUNE ARROSAGE operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.