S I P P : revenue, balance sheet and financial ratios

S I P P is a French company founded 26 years ago, specialized in the sector Fabrication d'emballages en matières plastiques. Based in LA ROCHELLE (17000), this company of category PME shows in 2018 a revenue of 1.2 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 - S I P P (SIREN 429723000)
Indicator 2021 2020 2019 2018 2017 2016
Revenue N/C N/C N/C 1 154 899 € 1 139 410 € 1 101 344 €
Net income -55 056 € 7 350 € 10 891 € 42 045 € 33 919 € 10 865 €
EBITDA N/C N/C N/C 36 772 € 41 761 € 27 569 €
Net margin N/C N/C N/C 3.6% 3.0% 1.0%

Revenue and income statement

In 2021, S I P P records a net loss of 55 k€. This deficit will reduce equity on the balance sheet.

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-55 056 €

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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 255%. 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 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

255.121%

Financial autonomy (2021) ?
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

8.409%

Solvency indicators evolution
S I P P

Sector positioning

Debt ratio
255.12 2021
2019
2020
2021
Q1: 2.99
Med: 31.2
Q3: 82.87
Watch

In 2021, the debt ratio of S I P P (255.12) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
8.41% 2021
2019
2020
2021
Q1: 29.49%
Med: 44.89%
Q3: 60.72%
Watch

In 2021, the financial autonomy of S I P P (8.4%) 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.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2021) ?
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

0 €

Customer credit (2021) ?
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

0 j

Supplier credit (2021) ?
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

0 j

Inventory turnover (2021) ?
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 and payment terms evolution
S I P P

Positioning of S I P P in its sector

Comparison with sector Fabrication d'emballages en matières plastiques

Similar companies (Fabrication d'emballages en matières plastiques)

Compare S I P P with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'emballages en matières plastiques

Frequently asked questions about S I P P

What is the revenue of S I P P ?

The revenue of S I P P in 2018 is 1.2 M€.

Is S I P P profitable?

S I P P recorded a net loss in 2021.

Where is the headquarters of S I P P ?

The headquarters of S I P P is located in LA ROCHELLE (17000), in the department Charente-Maritime.

Where to find the tax return of S I P P ?

The tax return of S I P P 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 S I P P operate?

S I P P operates in the sector Fabrication d'emballages en matières plastiques (NAF code 22.22Z). See the 'Sector positioning' section above to compare the company with its competitors.