NICHE FUSED ALUMINA : revenue, balance sheet and financial ratios

NICHE FUSED ALUMINA is a French company founded 34 years ago, specialized in the sector Fabrication d'autres produits minéraux non métalliques n.c.a.. Based in LA BATHIE (73540), this company of category PME shows in 2023 a revenue of 33.0 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 - NICHE FUSED ALUMINA (SIREN 382844470)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 32 983 893 € 46 115 554 € 40 643 008 € 29 142 638 € 38 396 452 € 40 689 185 € 51 480 769 € 57 291 326 €
Net income -8 810 347 € 593 586 € -901 266 € -5 387 229 € 864 734 € 2 149 172 € 13 845 797 € -668 375 €
EBITDA -9 653 669 € 4 766 928 € -301 729 € -4 293 383 € 1 603 166 € 3 286 259 € 740 738 € 1 531 705 €
Net margin -26.7% 1.3% -2.2% -18.5% 2.3% 5.3% 26.9% -1.2%

Revenue and income statement

In 2023, NICHE FUSED ALUMINA achieves revenue of 33.0 M€. Revenue is declining over the period 2016-2023 (CAGR: -7.6%). Significant drop of -28% vs 2022. After deducting consumption (15.6 M€), gross margin stands at 17.4 M€, i.e. a rate of 53%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -9.7 M€, representing -29.3% of revenue. Warning negative scissor effect: despite revenue change (-28%), EBITDA varies by -303%, reducing margin by 39.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -8.8 M€ (-26.7% 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

32 983 893 €

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

17 370 694 €

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

-9 653 669 €

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

-9 602 084 €

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

-8 810 347 €

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

-29.3%

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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 -165%. 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 -16%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-164.714%

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

-15.55%

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

-30.902%

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

-0.538

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

20.6%

Solvency indicators evolution
NICHE FUSED ALUMINA

Sector positioning

Debt ratio
-164.71 2023
2021
2022
2023
Q1: 0.0
Med: 11.64
Q3: 88.51
Excellent -50 pts over 3 years

In 2023, the debt ratio of NICHE FUSED ALUMINA (-164.71) 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
-15.55% 2023
2021
2022
2023
Q1: 8.91%
Med: 20.44%
Q3: 45.34%
Watch -10 pts over 3 years

In 2023, the financial autonomy of NICHE FUSED ALUMINA (-15.6%) 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.

Repayment capacity
-0.54 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.07 years
Excellent

In 2023, the repayment capacity of NICHE FUSED ALUMINA (-0.54) 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 103.69. 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

103.687

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

-3.895

Liquidity indicators evolution
NICHE FUSED ALUMINA

Sector positioning

Liquidity ratio
103.69 2023
2021
2022
2023
Q1: 98.21
Med: 138.44
Q3: 224.86
Average -23 pts over 3 years

In 2023, the liquidity ratio of NICHE FUSED ALUMINA (103.69) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
-3.9x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.67x
Q3: 6.56x
Average

In 2023, the interest coverage of NICHE FUSED ALUMINA (-3.9x) 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: 43 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 101 days. Excellent situation: suppliers finance 58 days of the operating cycle (retail model). Inventory turnover is 105 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 80 days of revenue, i.e. 7.3 M€ to permanently finance. Notable WCR improvement over the period (-68%), 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

7 299 006 €

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

43 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

101 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

105 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

80 j

WCR and payment terms evolution
NICHE FUSED ALUMINA

Positioning of NICHE FUSED ALUMINA 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 NICHE FUSED ALUMINA is estimated at 4 224 985 € (range 2 914 588€ - 12 563 454€). 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 2023
228 transactions
2914k€ 4224k€ 12563k€
4 224 985 € Range: 2 914 588€ - 12 563 454€
Section all-time Aggregated at NAF section level

Valuation method used

Revenue Multiple
32 983 893 € × 0.13x = 4 224 986 €
Range: 2 914 588€ - 12 563 455€

Only this financial indicator is available for this company.

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 NICHE FUSED ALUMINA 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 NICHE FUSED ALUMINA

What is the revenue of NICHE FUSED ALUMINA ?

The revenue of NICHE FUSED ALUMINA in 2023 is 33.0 M€.

Is NICHE FUSED ALUMINA profitable?

NICHE FUSED ALUMINA recorded a net loss in 2023.

Where is the headquarters of NICHE FUSED ALUMINA ?

The headquarters of NICHE FUSED ALUMINA is located in LA BATHIE (73540), in the department Savoie.

Where to find the tax return of NICHE FUSED ALUMINA ?

The tax return of NICHE FUSED ALUMINA 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 NICHE FUSED ALUMINA operate?

NICHE FUSED ALUMINA 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.