SIREN : 449703941
PICNAL FRANCE SAS is a French company founded 22 years ago, specialized in the sector Activités des sociétés holding. Based in NOYAL-PONTIVY (56920), this company of category ETI shows in 2023 a revenue of 113 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 113 302 € | 95 206 € | 94 986 € | 99 654 € | 97 534 € | 97 439 € | 97 461 € | 88 302 € |
| Net income | -50 218 283 € | 1 507 746 € | -11 996 598 € | 1 798 701 € | 996 891 € | 773 509 € | 574 021 € | 1 143 442 € |
| EBITDA | 53 296 € | 70 398 € | 33 566 € | 62 365 € | 48 357 € | 55 443 € | 63 330 € | 55 290 € |
| Net margin | -44322.5% | 1583.7% | -12629.9% | 1804.9% | 1022.1% | 793.8% | 589.0% | 1294.9% |
In 2023, PICNAL FRANCE SAS achieves revenue of 113 k€. Revenue is growing positively over 8 years (CAGR: +3.6%). Vs 2022, growth of +19% (95 k€ -> 113 k€). After deducting consumption (0 €), gross margin stands at 113 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 53 k€, representing 47.0% of revenue. Warning negative scissor effect: despite revenue change (+19%), EBITDA varies by -24%, reducing margin by 26.9 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -50.2 M€ (-44322.5% of revenue), which will impact equity.
113 302 €
113 302 €
53 296 €
21 769 €
-50 218 283 €
47.0%
The debt ratio (= Financial debt / Equity x 100) stands at 202%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 33%. The balance between equity and debt is satisfactory.
201.808%
32.704%
-65119.205%
-0.436
44.9%
In 2023, the debt ratio of PICNAL FRANCE SAS (201.81) 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 2023, the financial autonomy of PICNAL FRANCE SAS (32.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2023, the repayment capacity of PICNAL FRANCE SAS (-0.44) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 1049.06. 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 148577.4x. Operating income very largely covers interest expenses: high safety margin.
1049.059
148577.417
In 2023, the liquidity ratio of PICNAL FRANCE SAS (1049.06) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2023, the interest coverage of PICNAL FRANCE SAS (148577.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 159 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 275 days. Excellent situation: suppliers finance 116 days of the operating cycle (retail model). Overall, WCR represents 3244 days of revenue, i.e. 1.0 M€ to permanently finance. Notable WCR improvement over the period (-71%), freeing up cash.
1 020 884 €
159 j
275 j
0 j
3244 j
Based on 63 transactions of similar company sales
in 2023,
the value of PICNAL FRANCE SAS is estimated at
162 417 €
(range 63 238€ - 289 329€).
With an EBITDA of 53 296€, 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.
Ajustez les pondérations selon votre analyse
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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare PICNAL FRANCE SAS with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of PICNAL FRANCE SAS in 2023 is 113 k€.
PICNAL FRANCE SAS recorded a net loss in 2023.
The headquarters of PICNAL FRANCE SAS is located in NOYAL-PONTIVY (56920), in the department Morbihan.
The tax return of PICNAL FRANCE SAS 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).
PICNAL FRANCE SAS 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.