SIREN : 484050778
NEW BATH is a French company founded 20 years ago, specialized in the sector Fabrication d'éléments en matières plastiques pour la construction. Based in VOIRON (38500), this company of category PME shows in 2023 a revenue of 5.6 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5 569 314 € | 7 626 992 € | 9 122 090 € | 7 614 660 € | 8 024 575 € | 8 909 740 € | 9 656 728 € | 9 660 461 € |
| Net income | -699 466 € | -509 276 € | -304 453 € | -261 702 € | -271 421 € | -118 148 € | -479 244 € | -479 942 € |
| EBITDA | -838 964 € | -362 575 € | -249 874 € | -108 981 € | -328 191 € | -96 954 € | -366 782 € | 8 931 992 € |
| Net margin | -12.6% | -6.7% | -3.3% | -3.4% | -3.4% | -1.3% | -5.0% | -5.0% |
In 2023, NEW BATH achieves revenue of 5.6 M€. Revenue is declining over the period 2016-2023 (CAGR: -7.6%). Significant drop of -27% vs 2022. After deducting consumption (2.7 M€), gross margin stands at 2.9 M€, i.e. a rate of 52%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -839 k€, representing -15.1% of revenue. Warning negative scissor effect: despite revenue change (-27%), EBITDA varies by -131%, reducing margin by 10.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -699 k€ (-12.6% of revenue), which will impact equity.
5 569 314 €
2 908 979 €
-838 964 €
-889 184 €
-699 466 €
-15.1%
The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 4%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
2.485%
3.87%
-10.933%
-0.006
16.1%
In 2023, the debt ratio of NEW BATH (2.48) 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.
In 2023, the financial autonomy of NEW BATH (3.9%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2023, the repayment capacity of NEW BATH (-0.01) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 86.50. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
86.501
-11.482
In 2023, the liquidity ratio of NEW BATH (86.50) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2023, the interest coverage of NEW BATH (-11.5x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 44 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 105 days. Excellent situation: suppliers finance 61 days of the operating cycle (retail model). Inventory turnover is 77 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 57 days of revenue, i.e. 888 k€ to permanently finance. Notable WCR improvement over the period (-55%), freeing up cash.
888 139 €
44 j
105 j
77 j
57 j
Based on 76 transactions of similar company sales
(all years),
the value of NEW BATH is estimated at
1 133 060 €
(range 541 658€ - 1 524 820€).
The price/revenue ratio is 0.20x
(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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 76 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare NEW BATH with other companies in the same sector:
The revenue of NEW BATH in 2023 is 5.6 M€.
NEW BATH recorded a net loss in 2023.
The headquarters of NEW BATH is located in VOIRON (38500), in the department Isere.
The tax return of NEW BATH 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).
NEW BATH operates in the sector Fabrication d'éléments en matières plastiques pour la construction (NAF code 22.23Z). See the 'Sector positioning' section above to compare the company with its competitors.