SARL PICARDIE SOUDURE : revenue, balance sheet and financial ratios

SARL PICARDIE SOUDURE is a French company founded 44 years ago, specialized in the sector Fabrication de structures métalliques et de parties de structures. Based in BOUZINCOURT (80300), this company of category PME shows in 2017 a revenue of 997 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SARL PICARDIE SOUDURE (SIREN 323428383)
Indicator 2017 2016 2015
Revenue 996 985 € 970 602 € 1 083 393 €
Net income -69 465 € -84 241 € -30 097 €
EBITDA -41 528 € -146 481 € -37 266 €
Net margin -7.0% -8.7% -2.8%

Revenue and income statement

In 2017, SARL PICARDIE SOUDURE achieves revenue of 997 k€. Activity remains stable over the period (CAGR: -4.1%). Vs 2016: +3%. After deducting consumption (384 k€), gross margin stands at 613 k€, i.e. a rate of 61%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -42 k€, representing -4.2% of revenue. Positive scissor effect: EBITDA margin improves by +10.9 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -69 k€ (-7.0% of revenue), which will impact equity.

Revenue (2017) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

996 985 €

Gross margin (2017) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

612 575 €

EBITDA (2017) ?
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

-41 528 €

EBIT (2017) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-66 746 €

Net income (2017) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-69 465 €

EBITDA margin (2017) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-4.2%

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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 9%. 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 21%. The balance between equity and debt is satisfactory.

Debt ratio (2017) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

8.599%

Financial autonomy (2017) ?
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

20.621%

Cash flow / Revenue (2017) ?
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

-4.437%

Repayment capacity (2017) ?
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

0.0

Asset age ratio (2017) ?
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

1.3%

Solvency indicators evolution
SARL PICARDIE SOUDURE

Sector positioning

Debt ratio
8.6 2017
2015
2016
2017
Q1: 3.49
Med: 17.94
Q3: 54.43
Good

In 2017, the debt ratio of SARL PICARDIE SOUDURE (8.60) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
20.62% 2017
2015
2016
2017
Q1: 22.75%
Med: 42.08%
Q3: 58.53%
Average -33 pts over 3 years

In 2017, the financial autonomy of SARL PICARDIE SOUDURE (20.6%) 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
0.0 years 2017
2015
2016
2017
Q1: 0.0 years
Med: 0.53 years
Q3: 1.79 years
Excellent

In 2017, the repayment capacity of SARL PICARDIE SOUDURE (0.00) 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 120.04. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2017) ?
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

120.039

Interest coverage (2017) ?
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

-7.21

Liquidity indicators evolution
SARL PICARDIE SOUDURE

Sector positioning

Liquidity ratio
120.04 2017
2015
2016
2017
Q1: 146.2
Med: 198.93
Q3: 289.26
Watch -19 pts over 3 years

In 2017, the liquidity ratio of SARL PICARDIE SOUDURE (120.04) 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
-7.21x 2017
2015
2016
2017
Q1: 0.0x
Med: 0.96x
Q3: 4.66x
Watch

In 2017, the interest coverage of SARL PICARDIE SOUDURE (-7.2x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 118 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 147 days. Favorable situation: supplier credit is longer than customer credit by 29 days. Inventory turnover is 64 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 133 days of revenue, i.e. 368 k€ to permanently finance.

Operating WCR (2017) ?
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

368 256 €

Customer credit (2017) ?
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

118 j

Supplier credit (2017) ?
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

147 j

Inventory turnover (2017) ?
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

64 j

WCR in days of revenue (2017) ?
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

133 j

WCR and payment terms evolution
SARL PICARDIE SOUDURE

Positioning of SARL PICARDIE SOUDURE in its sector

Comparison with sector Fabrication de structures métalliques et de parties de structures

Valuation estimate

Based on 56 transactions of similar company sales (all years), the value of SARL PICARDIE SOUDURE is estimated at 128 340 € (range 67 707€ - 162 949€). The price/revenue ratio is 0.13x (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 2017
56 tx
67k€ 128k€ 162k€
128 340 € Range: 67 707€ - 162 949€
NAF 5 all-time

Valuation method used

Revenue Multiple
996 985 € × 0.13x = 128 341 €
Range: 67 707€ - 162 949€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 56 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 structures métalliques et de parties de structures)

Compare SARL PICARDIE SOUDURE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de structures métalliques et de parties de structures

Frequently asked questions about SARL PICARDIE SOUDURE

What is the revenue of SARL PICARDIE SOUDURE ?

The revenue of SARL PICARDIE SOUDURE in 2017 is 997 k€.

Is SARL PICARDIE SOUDURE profitable?

SARL PICARDIE SOUDURE recorded a net loss in 2017.

Where is the headquarters of SARL PICARDIE SOUDURE ?

The headquarters of SARL PICARDIE SOUDURE is located in BOUZINCOURT (80300), in the department Somme.

Where to find the tax return of SARL PICARDIE SOUDURE ?

The tax return of SARL PICARDIE SOUDURE 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 PICARDIE SOUDURE operate?

SARL PICARDIE SOUDURE operates in the sector Fabrication de structures métalliques et de parties de structures (NAF code 25.11Z). See the 'Sector positioning' section above to compare the company with its competitors.