SANDEN MANUFACTURING EUROPE : revenue, balance sheet and financial ratios

SANDEN MANUFACTURING EUROPE is a French company founded 31 years ago, specialized in the sector Fabrication d'autres pompes et compresseurs. Based in TINTENIAC (35190), this company of category ETI shows in 2024 a revenue of 96.9 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 - SANDEN MANUFACTURING EUROPE (SIREN 400752028)
Indicator 2024 2023 2022 2022 2021 2020 2019 2018 2017
Revenue 96 935 420 € 115 937 817 € 170 734 276 € 102 879 544 € 211 027 938 € 235 522 960 € 273 809 819 € 282 151 568 € 242 791 548 €
Net income -7 684 474 € 756 528 € -11 374 603 € 408 669 € -11 461 521 € -14 363 169 € -20 451 421 € 5 462 568 € -19 027 659 €
EBITDA 8 255 374 € 5 109 208 € 7 044 199 € 1 036 336 € 2 080 233 € -1 623 555 € 5 447 859 € 19 590 496 € 12 867 093 €
Net margin -7.9% 0.7% -6.7% 0.4% -5.4% -6.1% -7.5% 1.9% -7.8%

Revenue and income statement

In 2024, SANDEN MANUFACTURING EUROPE achieves revenue of 96.9 M€. Revenue is declining over the period 2017-2024 (CAGR: -12.3%). Significant drop of -16% vs 2023. After deducting consumption (47.3 M€), gross margin stands at 49.6 M€, i.e. a rate of 51%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 8.3 M€, representing 8.5% of revenue. Positive scissor effect: EBITDA margin improves by +4.1 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Net income is negative at -7.7 M€ (-7.9% 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

96 935 420 €

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

49 598 106 €

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

8 255 374 €

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

1 279 059 €

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

-7 684 474 €

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

8.5%

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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 58%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 46%. 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 3.9 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 6.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

57.746%

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

46.424%

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

6.073%

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

3.91

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

23.3%

Solvency indicators evolution
SANDEN MANUFACTURING EUROPE

Sector positioning

Debt ratio
57.75 2024
2022
2023
2024
Q1: 0.02
Med: 11.02
Q3: 44.02
Watch

In 2024, the debt ratio of SANDEN MANUFACTURING EUROPE (57.75) 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
46.42% 2024
2022
2023
2024
Q1: 31.54%
Med: 49.17%
Q3: 64.75%
Average +24 pts over 3 years

In 2024, the financial autonomy of SANDEN MANUFACTURING EUROPE (46.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
3.91 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.12 years
Q3: 0.92 years
Watch +74 pts over 3 years

In 2024, the repayment capacity of SANDEN MANUFACTURING EUROPE (3.91) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 217.99. 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 9.1x. Operating income very largely covers interest expenses: high safety margin.

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

217.989

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

9.086

Liquidity indicators evolution
SANDEN MANUFACTURING EUROPE

Sector positioning

Liquidity ratio
217.99 2024
2022
2023
2024
Q1: 157.88
Med: 212.19
Q3: 294.98
Good

In 2024, the liquidity ratio of SANDEN MANUFACTURING EUROPE (217.99) 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
9.09x 2024
2022
2023
2024
Q1: 0.07x
Med: 1.55x
Q3: 7.86x
Excellent

In 2024, the interest coverage of SANDEN MANUFACTURING EUROPE (9.1x) 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) 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: 31 days. The company must finance 17 days of gap between collections and payments. Inventory turnover is 54 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 58 days of revenue, i.e. 15.6 M€ to permanently finance. Notable WCR improvement over the period (-80%), freeing up cash.

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

15 643 438 €

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

48 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

31 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

54 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

58 j

WCR and payment terms evolution
SANDEN MANUFACTURING EUROPE

Positioning of SANDEN MANUFACTURING EUROPE in its sector

Comparison with sector Fabrication d'autres pompes et compresseurs

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 6 936 595€ to 22 876 801€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
6936k€ 14686k€ 22876k€
14 686 010 € Range: 6 936 595€ - 22 876 801€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 37 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 d'autres pompes et compresseurs)

Compare SANDEN MANUFACTURING EUROPE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres pompes et compresseurs

Frequently asked questions about SANDEN MANUFACTURING EUROPE

What is the revenue of SANDEN MANUFACTURING EUROPE ?

The revenue of SANDEN MANUFACTURING EUROPE in 2024 is 96.9 M€.

Is SANDEN MANUFACTURING EUROPE profitable?

SANDEN MANUFACTURING EUROPE recorded a net loss in 2024.

Where is the headquarters of SANDEN MANUFACTURING EUROPE ?

The headquarters of SANDEN MANUFACTURING EUROPE is located in TINTENIAC (35190), in the department Ille-et-Vilaine.

Where to find the tax return of SANDEN MANUFACTURING EUROPE ?

The tax return of SANDEN MANUFACTURING EUROPE 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 SANDEN MANUFACTURING EUROPE operate?

SANDEN MANUFACTURING EUROPE operates in the sector Fabrication d'autres pompes et compresseurs (NAF code 28.13Z). See the 'Sector positioning' section above to compare the company with its competitors.