PLASTIENVASE FRANCIA : revenue, balance sheet and financial ratios

PLASTIENVASE FRANCIA is a French company founded 17 years ago, specialized in the sector Fabrication de plaques, feuilles, tubes et profilés en matières plastiques. Based in ARRAS (62000), this company of category PME shows in 2024 a revenue of 39.4 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

Financial history - PLASTIENVASE FRANCIA (SIREN 509779963)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 39 397 964 € 38 495 694 € 37 935 607 € 33 187 438 € 33 803 698 € 33 587 197 € 31 129 084 € 30 970 338 € 30 599 665 €
Net income -2 808 063 € -4 007 999 € -1 940 287 € -3 137 623 € 31 140 € -1 196 136 € -1 388 971 € -634 625 € 248 241 €
EBITDA -1 782 767 € -2 914 209 € -1 331 785 € -2 274 425 € 886 350 € -153 260 € -344 274 € -977 990 € 480 362 €
Net margin -7.1% -10.4% -5.1% -9.5% 0.1% -3.6% -4.5% -2.0% 0.8%

Revenue and income statement

In 2024, PLASTIENVASE FRANCIA achieves revenue of 39.4 M€. Revenue is growing positively over 9 years (CAGR: +3.2%). Vs 2023: +2%. After deducting consumption (23.7 M€), gross margin stands at 15.7 M€, i.e. a rate of 40%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.8 M€, representing -4.5% of revenue. Positive scissor effect: EBITDA margin improves by +3.0 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -2.8 M€ (-7.1% 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

39 397 964 €

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

15 704 495 €

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

-1 782 767 €

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

-2 604 960 €

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

-2 808 063 €

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

-4.5%

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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 -299%. 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 -11%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-299.228%

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

-10.525%

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

-5.237%

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

-2.069

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

34.3%

Solvency indicators evolution
PLASTIENVASE FRANCIA

Sector positioning

Debt ratio
-299.23 2024
2022
2023
2024
Q1: 0.73
Med: 15.01
Q3: 54.26
Excellent -57 pts over 3 years

In 2024, the debt ratio of PLASTIENVASE FRANCIA (-299.23) 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
-10.53% 2024
2022
2023
2024
Q1: 36.22%
Med: 56.58%
Q3: 72.34%
Watch

In 2024, the financial autonomy of PLASTIENVASE FRANCIA (-10.5%) 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
-2.07 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.27 years
Q3: 1.35 years
Excellent

In 2024, the repayment capacity of PLASTIENVASE FRANCIA (-2.07) 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 88.71. 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

88.706

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

-15.657

Liquidity indicators evolution
PLASTIENVASE FRANCIA

Sector positioning

Liquidity ratio
88.71 2024
2022
2023
2024
Q1: 161.7
Med: 262.65
Q3: 376.36
Watch

In 2024, the liquidity ratio of PLASTIENVASE FRANCIA (88.71) 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
-15.66x 2024
2022
2023
2024
Q1: 0.04x
Med: 2.6x
Q3: 12.16x
Average

In 2024, the interest coverage of PLASTIENVASE FRANCIA (-15.7x) 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: 7 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 70 days. Excellent situation: suppliers finance 63 days of the operating cycle (retail model). Inventory turnover is 58 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 46 days of revenue, i.e. 5.0 M€ to permanently finance.

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

5 047 667 €

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

7 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

70 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

58 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

46 j

WCR and payment terms evolution
PLASTIENVASE FRANCIA

Positioning of PLASTIENVASE FRANCIA in its sector

Comparison with sector Fabrication de plaques, feuilles, tubes et profilés en matières plastiques

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of PLASTIENVASE FRANCIA is estimated at 8 015 399 € (range 3 831 754€ - 10 786 756€). The price/revenue ratio is 0.20x (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 2024
76 tx
3831k€ 8015k€ 10786k€
8 015 399 € Range: 3 831 754€ - 10 786 756€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
39 397 964 € × 0.20x = 8 015 399 €
Range: 3 831 755€ - 10 786 756€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 76 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 de plaques, feuilles, tubes et profilés en matières plastiques)

Compare PLASTIENVASE FRANCIA with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de plaques, feuilles, tubes et profilés en matières plastiques

Frequently asked questions about PLASTIENVASE FRANCIA

What is the revenue of PLASTIENVASE FRANCIA ?

The revenue of PLASTIENVASE FRANCIA in 2024 is 39.4 M€.

Is PLASTIENVASE FRANCIA profitable?

PLASTIENVASE FRANCIA recorded a net loss in 2024.

Where is the headquarters of PLASTIENVASE FRANCIA ?

The headquarters of PLASTIENVASE FRANCIA is located in ARRAS (62000), in the department Pas-de-Calais.

Where to find the tax return of PLASTIENVASE FRANCIA ?

The tax return of PLASTIENVASE FRANCIA 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 PLASTIENVASE FRANCIA operate?

PLASTIENVASE FRANCIA operates in the sector Fabrication de plaques, feuilles, tubes et profilés en matières plastiques (NAF code 22.21Z). See the 'Sector positioning' section above to compare the company with its competitors.