PSMA LA SABLAISE : revenue, balance sheet and financial ratios

PSMA LA SABLAISE is a French company founded 36 years ago, specialized in the sector Transformation et conservation de poisson, de crustacés et de mollusques. Based in LES SABLES D'OLONNE (85100), this company of category PME shows in 2023 a revenue of 7.4 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 - PSMA LA SABLAISE (SIREN 950451518)
Indicator 2023 2022 2021 2019 2018 2017 2015
Revenue 7 417 862 € 7 069 788 € 6 757 132 € 4 712 576 € 4 014 878 € 3 758 993 € 2 969 645 €
Net income 497 576 € 185 245 € 383 358 € 161 476 € 122 491 € 285 533 € 244 450 €
EBITDA 333 331 € 330 871 € 622 926 € 316 467 € 196 639 € 173 548 € 212 866 €
Net margin 6.7% 2.6% 5.7% 3.4% 3.1% 7.6% 8.2%

Revenue and income statement

In 2023, PSMA LA SABLAISE achieves revenue of 7.4 M€. Over the period 2015-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +12.1%. Vs 2022: +5%. After deducting consumption (3.3 M€), gross margin stands at 4.1 M€, i.e. a rate of 55%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 333 k€, representing 4.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 498 k€, i.e. 6.7% 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

7 417 862 €

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

4 075 909 €

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

333 331 €

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

156 964 €

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

497 576 €

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

4.5%

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Chart evolution

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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 42%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 53%. 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 3.4 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 4.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

42.37%

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

53.039%

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

3.98%

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

3.35

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

50.6%

Solvency indicators evolution
PSMA LA SABLAISE

Sector positioning

Debt ratio
42.37 2023
2021
2022
2023
Q1: 3.38
Med: 38.29
Q3: 109.05
Average -15 pts over 3 years

In 2023, the debt ratio of PSMA LA SABLAISE (42.37) 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
53.04% 2023
2021
2022
2023
Q1: 13.44%
Med: 37.19%
Q3: 57.62%
Good +21 pts over 3 years

In 2023, the financial autonomy of PSMA LA SABLAISE (53.0%) 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.

Repayment capacity
3.35 years 2023
2021
2022
2023
Q1: -0.19 years
Med: 0.64 years
Q3: 4.22 years
Average

In 2023, the repayment capacity of PSMA LA SABLAISE (3.35) 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 292.50. 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 3.9x. Financial charges are adequately covered by operations.

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

292.504

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

3.866

Liquidity indicators evolution
PSMA LA SABLAISE

Sector positioning

Liquidity ratio
292.5 2023
2021
2022
2023
Q1: 124.12
Med: 188.33
Q3: 299.52
Good +20 pts over 3 years

In 2023, the liquidity ratio of PSMA LA SABLAISE (292.50) 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.

Interest coverage
3.87x 2023
2021
2022
2023
Q1: -0.43x
Med: 0.63x
Q3: 14.03x
Good +14 pts over 3 years

In 2023, the interest coverage of PSMA LA SABLAISE (3.9x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 48 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. Favorable situation: supplier credit is longer than customer credit by 1 days. Inventory turnover is 42 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 103 days of revenue, i.e. 2.1 M€ to permanently finance. Over 2015-2023, WCR increased by +234%, requiring additional financing.

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

2 121 138 €

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

48 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

49 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

42 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

103 j

WCR and payment terms evolution
PSMA LA SABLAISE

Positioning of PSMA LA SABLAISE in its sector

Comparison with sector Transformation et conservation de poisson, de crustacés et de mollusques

Valuation estimate

Based on 171 transactions of similar company sales in 2023, the value of PSMA LA SABLAISE is estimated at 2 734 087 € (range 1 073 824€ - 4 791 184€). With an EBITDA of 333 331€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.50x (in line with sector norms). 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.

Estimated enterprise value 2023
171 transactions
1073k€ 2734k€ 4791k€
2 734 087 € Range: 1 073 824€ - 4 791 184€
Section année 2023 Aggregated at NAF section level

Valuation detail by method

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EBITDA Multiple 50%
333 331 € × 5.6x
Estimation 1 853 325 €
579 505€ - 3 712 158€
Revenue Multiple 30%
7 417 862 € × 0.50x
Estimation 3 745 701 €
2 049 220€ - 5 350 430€
Net Income Multiple 20%
497 576 € × 6.9x
Estimation 3 418 570 €
846 527€ - 6 649 880€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 171 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 (Transformation et conservation de poisson, de crustacés et de mollusques)

Compare PSMA LA SABLAISE with other companies in the same sector:

Voir toutes les statistiques du secteur Transformation et conservation de poisson, de crustacés et de mollusques

Frequently asked questions about PSMA LA SABLAISE

What is the revenue of PSMA LA SABLAISE ?

The revenue of PSMA LA SABLAISE in 2023 is 7.4 M€.

Is PSMA LA SABLAISE profitable?

Yes, PSMA LA SABLAISE generated a net profit of 498 k€ in 2023.

Where is the headquarters of PSMA LA SABLAISE ?

The headquarters of PSMA LA SABLAISE is located in LES SABLES D'OLONNE (85100), in the department Vendee.

Where to find the tax return of PSMA LA SABLAISE ?

The tax return of PSMA LA SABLAISE 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 PSMA LA SABLAISE operate?

PSMA LA SABLAISE operates in the sector Transformation et conservation de poisson, de crustacés et de mollusques (NAF code 10.20Z). See the 'Sector positioning' section above to compare the company with its competitors.