NORGLASS : revenue, balance sheet and financial ratios

NORGLASS is a French company founded 33 years ago, specialized in the sector Travaux de peinture et vitrerie. Based in GUICHAINVILLE (27930), this company of category PME shows in 2018 a revenue of 1.3 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

Financial history - NORGLASS (SIREN 387650500)
Indicator 2023 2022 2021 2020 2019 2018 2017
Revenue N/C N/C N/C N/C N/C 1 315 820 € 1 352 133 €
Net income -178 672 € -178 220 € 10 597 € -114 115 € -157 093 € 8 371 € 22 478 €
EBITDA N/C N/C N/C N/C N/C 29 201 € 23 895 €
Net margin N/C N/C N/C N/C N/C 0.6% 1.7%

Revenue and income statement

In 2023, NORGLASS records a net loss of 179 k€. This deficit will reduce equity on the balance sheet.

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

-178 672 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at -24%. 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 -191%. 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

-23.967%

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

-190.994%

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

9.0%

Solvency indicators evolution
NORGLASS

Sector positioning

Debt ratio
-23.97 2023
2021
2022
2023
Q1: 0.03
Med: 11.64
Q3: 45.82
Excellent -50 pts over 3 years

In 2023, the debt ratio of NORGLASS (-23.97) 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
-190.99% 2023
2021
2022
2023
Q1: 3.68%
Med: 28.84%
Q3: 52.32%
Watch -13 pts over 3 years

In 2023, the financial autonomy of NORGLASS (-191.0%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 38.58. 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

38.576

Liquidity indicators evolution
NORGLASS

Sector positioning

Liquidity ratio
38.58 2023
2021
2022
2023
Q1: 142.86
Med: 206.11
Q3: 314.41
Watch -12 pts over 3 years

In 2023, the liquidity ratio of NORGLASS (38.58) 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.

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
NORGLASS

Positioning of NORGLASS in its sector

Comparison with sector Travaux de peinture et vitrerie

Similar companies (Travaux de peinture et vitrerie)

Compare NORGLASS with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de peinture et vitrerie

Frequently asked questions about NORGLASS

What is the revenue of NORGLASS ?

The revenue of NORGLASS in 2018 is 1.3 M€.

Is NORGLASS profitable?

NORGLASS recorded a net loss in 2023.

Where is the headquarters of NORGLASS ?

The headquarters of NORGLASS is located in GUICHAINVILLE (27930), in the department Eure.

Where to find the tax return of NORGLASS ?

The tax return of NORGLASS 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 NORGLASS operate?

NORGLASS operates in the sector Travaux de peinture et vitrerie (NAF code 43.34Z). See the 'Sector positioning' section above to compare the company with its competitors.