SARL FOURCASSIES ET FILS : revenue, balance sheet and financial ratios

SARL FOURCASSIES ET FILS is a French company founded 26 years ago, specialized in the sector Réparation de machines et équipements mécaniques. Based in ILLATS (33720), this company of category PME shows in 2021 a revenue of 557 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

Financial history - SARL FOURCASSIES ET FILS (SIREN 429799265)
Indicator 2021 2020 2019 2018 2017 2016 2015 2014
Revenue 557 172 € 516 205 € 590 741 € 505 923 € 476 919 € 522 951 € 546 498 € 441 648 €
Net income 22 755 € 18 622 € 11 255 € 10 701 € 1 163 € -66 499 € 7 132 € 384 €
EBITDA 37 544 € 23 915 € 30 554 € 33 890 € 16 984 € -15 649 € 24 075 € 7 967 €
Net margin 4.1% 3.6% 1.9% 2.1% 0.2% -12.7% 1.3% 0.1%

Revenue and income statement

In 2021, SARL FOURCASSIES ET FILS achieves revenue of 557 k€. Revenue is growing positively over 8 years (CAGR: +3.4%). Vs 2020: +8%. After deducting consumption (336 k€), gross margin stands at 221 k€, i.e. a rate of 40%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 38 k€, representing 6.7% of revenue. Positive scissor effect: EBITDA margin improves by +2.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 23 k€, i.e. 4.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

557 172 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

221 174 €

EBITDA (2021) ?
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

37 544 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

23 663 €

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

22 755 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

6.7%

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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 271%. 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 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 6.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

271.299%

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

14.632%

Cash flow / Revenue (2021) ?
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

6.194%

Repayment capacity (2021) ?
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

4.19

Asset age ratio (2021) ?
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

11.6%

Solvency indicators evolution
SARL FOURCASSIES ET FILS

Sector positioning

Debt ratio
271.3 2021
2019
2020
2021
Q1: 2.76
Med: 22.87
Q3: 71.74
Average

In 2021, the debt ratio of SARL FOURCASSIES ET FILS (271.30) 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
14.63% 2021
2019
2020
2021
Q1: 20.87%
Med: 41.21%
Q3: 59.52%
Average

In 2021, the financial autonomy of SARL FOURCASSIES ET FILS (14.6%) 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
4.19 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.36 years
Q3: 2.17 years
Average

In 2021, the repayment capacity of SARL FOURCASSIES ET FILS (4.19) 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 181.46. 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 25.4x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2021) ?
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

181.463

Interest coverage (2021) ?
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

25.352

Liquidity indicators evolution
SARL FOURCASSIES ET FILS

Sector positioning

Liquidity ratio
181.46 2021
2019
2020
2021
Q1: 165.31
Med: 233.11
Q3: 340.96
Average +8 pts over 3 years

In 2021, the liquidity ratio of SARL FOURCASSIES ET FILS (181.46) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
25.35x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.32x
Q3: 2.32x
Excellent

In 2021, the interest coverage of SARL FOURCASSIES ET FILS (25.4x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 20 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. Excellent situation: suppliers finance 43 days of the operating cycle (retail model). Inventory turnover is 193 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 157 days of revenue, i.e. 244 k€ to permanently finance.

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

243 651 €

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

20 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

63 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

193 j

WCR in days of revenue (2021) ?
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

157 j

WCR and payment terms evolution
SARL FOURCASSIES ET FILS

Positioning of SARL FOURCASSIES ET FILS in its sector

Comparison with sector Réparation de machines et équipements mécaniques

Valuation estimate

Based on 104 transactions of similar company sales (all years), the value of SARL FOURCASSIES ET FILS is estimated at 70 124 € (range 41 163€ - 198 339€). With an EBITDA of 37 544€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.27x (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.

Estimated enterprise value 2021
104 transactions
41k€ 70k€ 198k€
70 124 € Range: 41 163€ - 198 339€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
37 544 € × 1.0x
Estimation 38 606 €
26 648€ - 126 298€
Revenue Multiple 30%
557 172 € × 0.27x
Estimation 149 826 €
79 894€ - 380 521€
Net Income Multiple 20%
22 755 € × 1.3x
Estimation 29 367 €
19 356€ - 105 174€
How is this estimate calculated?

This estimate is based on the analysis of 104 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 (Réparation de machines et équipements mécaniques)

Compare SARL FOURCASSIES ET FILS with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation de machines et équipements mécaniques

Frequently asked questions about SARL FOURCASSIES ET FILS

What is the revenue of SARL FOURCASSIES ET FILS ?

The revenue of SARL FOURCASSIES ET FILS in 2021 is 557 k€.

Is SARL FOURCASSIES ET FILS profitable?

Yes, SARL FOURCASSIES ET FILS generated a net profit of 23 k€ in 2021.

Where is the headquarters of SARL FOURCASSIES ET FILS ?

The headquarters of SARL FOURCASSIES ET FILS is located in ILLATS (33720), in the department Gironde.

Where to find the tax return of SARL FOURCASSIES ET FILS ?

The tax return of SARL FOURCASSIES ET FILS 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 SARL FOURCASSIES ET FILS operate?

SARL FOURCASSIES ET FILS operates in the sector Réparation de machines et équipements mécaniques (NAF code 33.12Z). See the 'Sector positioning' section above to compare the company with its competitors.