NICOISE DE PRODUITS ASPHALTIQUES : revenue, balance sheet and financial ratios

NICOISE DE PRODUITS ASPHALTIQUES is a French company founded 58 years ago, specialized in the sector Fabrication d'autres produits minéraux non métalliques n.c.a.. Based in SAINT-ANDRE-DE-LA-ROCHE (06730), this company of category ETI shows in 2024 a revenue of 52 k€. 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 - NICOISE DE PRODUITS ASPHALTIQUES (SIREN 968802165)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 52 079 € 44 708 € 735 415 € 515 608 € 515 645 € 526 703 € 459 218 € 608 259 € 421 929 €
Net income -8 373 € 5 458 € 843 € 378 € -14 € -13 728 € 343 € -850 € 343 €
EBITDA 46 033 € 35 807 € 31 334 € 28 008 € 5 331 € 874 734 € 10 604 € 349 888 € 10 529 €
Net margin -16.1% 12.2% 0.1% 0.1% -0.0% -2.6% 0.1% -0.1% 0.1%

Revenue and income statement

In 2024, NICOISE DE PRODUITS ASPHALTIQUES achieves revenue of 52 k€. Revenue is declining over the period 2016-2024 (CAGR: -23.0%). Vs 2023, growth of +16% (45 k€ -> 52 k€). After deducting consumption (0 €), gross margin stands at 52 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 46 k€, representing 88.4% of revenue. Positive scissor effect: EBITDA margin improves by +8.3 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -8 k€ (-16.1% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

52 079 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

52 079 €

EBITDA (2024) ?
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

46 033 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-1 626 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-8 373 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

88.4%

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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 0%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 75.4% 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 (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2024) ?
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

0.395%

Cash flow / Revenue (2024) ?
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

75.433%

Repayment capacity (2024) ?
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

0.0

Asset age ratio (2024) ?
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

15.5%

Solvency indicators evolution
NICOISE DE PRODUITS ASPHALTIQUES

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.0
Med: 11.35
Q3: 71.05
Excellent

In 2024, the debt ratio of NICOISE DE PRODUITS ASPHA... (0.00) 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
0.4% 2024
2022
2023
2024
Q1: 9.68%
Med: 23.36%
Q3: 45.54%
Watch

In 2024, the financial autonomy of NICOISE DE PRODUITS ASPHA... (0.4%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.65 years
Excellent

In 2024, the repayment capacity of NICOISE DE PRODUITS ASPHA... (0.00) 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 46.36. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

46.359

Interest coverage (2024) ?
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

0.0

Liquidity indicators evolution
NICOISE DE PRODUITS ASPHALTIQUES

Sector positioning

Liquidity ratio
46.36 2024
2022
2023
2024
Q1: 94.61
Med: 137.76
Q3: 236.84
Watch

In 2024, the liquidity ratio of NICOISE DE PRODUITS ASPHA... (46.36) 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.

Interest coverage
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.99x
Q3: 6.91x
Average

In 2024, the interest coverage of NICOISE DE PRODUITS ASPHA... (0.0x) 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: 415 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 0 days. The gap of 415 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 (-1385 days): operations structurally generate cash. Notable WCR improvement over the period (-181%), freeing up cash.

Operating WCR (2024) ?
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

-200 386 €

Customer credit (2024) ?
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

415 j

Supplier credit (2024) ?
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 (2024) ?
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 (2024) ?
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

-1385 j

WCR and payment terms evolution
NICOISE DE PRODUITS ASPHALTIQUES

Positioning of NICOISE DE PRODUITS ASPHALTIQUES 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 NICOISE DE PRODUITS ASPHALTIQUES is estimated at 46 843 € (range 15 554€ - 122 245€). With an EBITDA of 46 033€, the sector multiple of 1.5x is applied. 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 2024
228 transactions
15k€ 46k€ 122k€
46 843 € Range: 15 554€ - 122 245€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
46 033 € × 1.5x
Estimation 70 946 €
22 125€ - 183 691€
Revenue Multiple 30%
52 079 € × 0.13x
Estimation 6 671 €
4 602€ - 19 837€
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 NICOISE DE PRODUITS ASPHALTIQUES 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 NICOISE DE PRODUITS ASPHALTIQUES

What is the revenue of NICOISE DE PRODUITS ASPHALTIQUES ?

The revenue of NICOISE DE PRODUITS ASPHALTIQUES in 2024 is 52 k€.

Is NICOISE DE PRODUITS ASPHALTIQUES profitable?

NICOISE DE PRODUITS ASPHALTIQUES recorded a net loss in 2024.

Where is the headquarters of NICOISE DE PRODUITS ASPHALTIQUES ?

The headquarters of NICOISE DE PRODUITS ASPHALTIQUES is located in SAINT-ANDRE-DE-LA-ROCHE (06730), in the department Alpes-Maritimes.

Where to find the tax return of NICOISE DE PRODUITS ASPHALTIQUES ?

The tax return of NICOISE DE PRODUITS ASPHALTIQUES 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 NICOISE DE PRODUITS ASPHALTIQUES operate?

NICOISE DE PRODUITS ASPHALTIQUES 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.