NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) : revenue, balance sheet and financial ratios

NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) is a French company founded 15 years ago, specialized in the sector Activités des sociétés holding. Based in LA HAYE-PESNEL (50320), this company of category PME shows in 2023 a revenue of 54 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 - NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) (SIREN 531627909)
Indicator 2023 2021 2020 2019 2018 2017 2016
Revenue 53 800 € 38 749 € 16 843 € 18 076 € 15 965 € 32 017 € 32 658 €
Net income 21 850 € 14 636 € 320 € 282 € 41 957 € 47 247 € 50 805 €
EBITDA 34 302 € 21 536 € 2 530 € 2 822 € 181 € 6 288 € 14 924 €
Net margin 40.6% 37.8% 1.9% 1.6% 262.8% 147.6% 155.6%

Revenue and income statement

In 2023, NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) achieves revenue of 54 k€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +7.4%. Vs 2021, growth of +39% (39 k€ -> 54 k€). After deducting consumption (0 €), gross margin stands at 54 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 34 k€, representing 63.8% of revenue. Positive scissor effect: EBITDA margin improves by +8.2 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 22 k€, i.e. 40.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

53 800 €

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

53 800 €

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

34 302 €

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

25 932 €

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

21 850 €

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

63.8%

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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 89%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 50%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 56.2% 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 (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

89.245%

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

50.202%

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

56.216%

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

7.494

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

47.6%

Solvency indicators evolution
NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB)

Sector positioning

Debt ratio
89.25 2023
2020
2021
2023
Q1: 0.03
Med: 10.87
Q3: 70.22
Average

In 2023, the debt ratio of NORMANDIE COUVERTURE CONS... (89.25) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
50.2% 2023
2020
2021
2023
Q1: 17.2%
Med: 61.39%
Q3: 90.77%
Average

In 2023, the financial autonomy of NORMANDIE COUVERTURE CONS... (50.2%) 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
7.49 years 2023
2020
2021
2023
Q1: 0.0 years
Med: 0.09 years
Q3: 3.23 years
Average

In 2023, the repayment capacity of NORMANDIE COUVERTURE CONS... (7.49) 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 378.66. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 31.2x. Operating income very largely covers interest expenses: high safety margin.

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

378.658

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

31.246

Liquidity indicators evolution
NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB)

Sector positioning

Liquidity ratio
378.66 2023
2020
2021
2023
Q1: 126.86
Med: 619.0
Q3: 3548.33
Average -17 pts over 3 years

In 2023, the liquidity ratio of NORMANDIE COUVERTURE CONS... (378.66) 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
31.25x 2023
2020
2021
2023
Q1: -65.31x
Med: 0.0x
Q3: 0.0x
Excellent

In 2023, the interest coverage of NORMANDIE COUVERTURE CONS... (31.2x) 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. Average customer payment term: 327 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. The gap of 291 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 167 days of revenue, i.e. 25 k€ to permanently finance.

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

24 959 €

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

327 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

36 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 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

167 j

WCR and payment terms evolution
NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB)

Positioning of NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) in its sector

Comparison with sector Activités des sociétés holding

Valuation estimate

Based on 63 transactions of similar company sales in 2023, the value of NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) is estimated at 123 010 € (range 38 982€ - 205 364€). With an EBITDA of 34 302€, the sector multiple of 4.6x is applied. The price/revenue ratio is 0.24x (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.

Estimated enterprise value 2023
63 tx
38k€ 123k€ 205k€
123 010 € Range: 38 982€ - 205 364€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
34 302 € × 4.6x
Estimation 156 733 €
57 427€ - 266 698€
Revenue Multiple 30%
53 800 € × 0.24x
Estimation 12 938 €
9 462€ - 38 424€
Net Income Multiple 20%
21 850 € × 9.3x
Estimation 203 813 €
37 154€ - 302 441€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 63 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 (Activités des sociétés holding)

Compare NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sociétés holding

Frequently asked questions about NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB)

What is the revenue of NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) ?

The revenue of NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) in 2023 is 54 k€.

Is NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) profitable?

Yes, NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) generated a net profit of 22 k€ in 2023.

Where is the headquarters of NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) ?

The headquarters of NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) is located in LA HAYE-PESNEL (50320), in the department Manche.

Where to find the tax return of NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) ?

The tax return of NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) 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 NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) operate?

NORMANDIE COUVERTURE CONSTRUCTION BOIS (NCCB) operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.