SIREN : 412242315
PASSENAUD RECYCLAGE is a French company founded 28 years ago, specialized in the sector Récupération de déchets triés. Based in PARIS (75008), this company of category ETI shows in 2020 a revenue of 77.3 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
| Indicator | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|
| Revenue | 77 327 479 € | 106 642 628 € | 97 043 565 € | 76 938 261 € |
| Net income | 2 112 669 € | 4 700 880 € | 7 295 025 € | 5 735 886 € |
| EBITDA | 4 241 149 € | 8 777 617 € | 13 631 087 € | 8 332 860 € |
| Net margin | 2.7% | 4.4% | 7.5% | 7.5% |
In 2020, PASSENAUD RECYCLAGE achieves revenue of 77.3 M€. Revenue is growing positively over 4 years (CAGR: +0.2%). Significant drop of -27% vs 2019. After deducting consumption (51.4 M€), gross margin stands at 25.9 M€, i.e. a rate of 34%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4.2 M€, representing 5.5% of revenue. Warning negative scissor effect: despite revenue change (-27%), EBITDA varies by -52%, reducing margin by 2.7 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.1 M€, i.e. 2.7% of revenue. This profit can be retained or distributed to shareholders.
77 327 479 €
25 910 696 €
4 241 149 €
2 402 218 €
2 112 669 €
5.5%
The debt ratio (= Financial debt / Equity x 100) stands at 37%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 61%. 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 3.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 4.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
37.005%
60.64%
4.897%
3.064
20.7%
In 2020, the debt ratio of PASSENAUD RECYCLAGE (37.01) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2020, the financial autonomy of PASSENAUD RECYCLAGE (60.6%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2020, the repayment capacity of PASSENAUD RECYCLAGE (3.06) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 505.50. 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 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.
505.498
0.796
In 2020, the liquidity ratio of PASSENAUD RECYCLAGE (505.50) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2020, the interest coverage of PASSENAUD RECYCLAGE (0.8x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 25 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 33 days. Favorable situation: supplier credit is longer than customer credit by 8 days. Inventory turnover is 33 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 55 days of revenue, i.e. 11.8 M€ to permanently finance. Notable WCR improvement over the period (-32%), freeing up cash.
11 822 598 €
25 j
33 j
33 j
55 j
Based on 85 transactions of similar company sales
(all years),
the value of PASSENAUD RECYCLAGE is estimated at
7 084 751 €
(range 3 882 483€ - 15 779 700€).
With an EBITDA of 4 241 149€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.18x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 PASSENAUD RECYCLAGE with other companies in the same sector:
Voir toutes les statistiques du secteur Récupération de déchets triés
The revenue of PASSENAUD RECYCLAGE in 2020 is 77.3 M€.
Yes, PASSENAUD RECYCLAGE generated a net profit of 2.1 M€ in 2020.
The headquarters of PASSENAUD RECYCLAGE is located in PARIS (75008), in the department Paris.
The tax return of PASSENAUD RECYCLAGE 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).
PASSENAUD RECYCLAGE operates in the sector Récupération de déchets triés (NAF code 38.32Z). See the 'Sector positioning' section above to compare the company with its competitors.