SARL SERRURERIE DU VALLESPIR : revenue, balance sheet and financial ratios

SARL SERRURERIE DU VALLESPIR is a French company founded 55 years ago, specialized in the sector Travaux de menuiserie métallique et serrurerie. Based in CERET (66400), this company of category PME shows in 2016 a revenue of 2.1 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 - SARL SERRURERIE DU VALLESPIR (SIREN 784143646)
Indicator 2016 2015
Revenue 2 115 535 € 4 201 344 €
Net income 53 712 € -1 829 542 €
EBITDA 117 575 € -1 153 212 €
Net margin 2.5% -43.5%

Revenue and income statement

In 2016, SARL SERRURERIE DU VALLESPIR achieves revenue of 2.1 M€. Significant drop of -50% vs 2015. After deducting consumption (670 k€), gross margin stands at 1.4 M€, i.e. a rate of 68%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 118 k€, representing 5.6% of revenue. Positive scissor effect: EBITDA margin improves by +33.0 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 54 k€, i.e. 2.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2016) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 115 535 €

Gross margin (2016) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 445 487 €

EBITDA (2016) ?
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

117 575 €

EBIT (2016) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

65 821 €

Net income (2016) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

53 712 €

EBITDA margin (2016) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

5.4%

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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 -163%. 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 -74%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 18.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 4.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2016) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-162.809%

Financial autonomy (2016) ?
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

-73.751%

Cash flow / Revenue (2016) ?
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

4.409%

Repayment capacity (2016) ?
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

18.026

Asset age ratio (2016) ?
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

36.4%

Solvency indicators evolution
SARL SERRURERIE DU VALLESPIR

Sector positioning

Debt ratio
-162.81 2016
2015
2016
Q1: 0.95
Med: 13.82
Q3: 49.56
Excellent

In 2016, the debt ratio of SARL SERRURERIE DU VALLESPIR (-162.81) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-73.75% 2016
2015
2016
Q1: 15.55%
Med: 37.23%
Q3: 56.15%
Watch

In 2016, the financial autonomy of SARL SERRURERIE DU VALLESPIR (-73.8%) 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.

Repayment capacity
18.03 years 2016
2015
2016
Q1: 0.0 years
Med: 0.21 years
Q3: 1.27 years
Watch +50 pts over 2 years

In 2016, the repayment capacity of SARL SERRURERIE DU VALLESPIR (18.03) 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 134.81. 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 16.4x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2016) ?
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

134.809

Interest coverage (2016) ?
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

16.35

Liquidity indicators evolution
SARL SERRURERIE DU VALLESPIR

Sector positioning

Liquidity ratio
134.81 2016
2015
2016
Q1: 134.07
Med: 190.02
Q3: 277.6
Average

In 2016, the liquidity ratio of SARL SERRURERIE DU VALLESPIR (134.81) 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
16.35x 2016
2015
2016
Q1: 0.0x
Med: 0.56x
Q3: 3.97x
Excellent +50 pts over 2 years

In 2016, the interest coverage of SARL SERRURERIE DU VALLESPIR (16.4x) 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: 87 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 113 days. Favorable situation: supplier credit is longer than customer credit by 26 days. Inventory turnover is 34 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 147 days of revenue, i.e. 862 k€ to permanently finance.

Operating WCR (2016) ?
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

861 784 €

Customer credit (2016) ?
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

87 j

Supplier credit (2016) ?
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

113 j

Inventory turnover (2016) ?
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

34 j

WCR in days of revenue (2016) ?
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

147 j

WCR and payment terms evolution
SARL SERRURERIE DU VALLESPIR

Positioning of SARL SERRURERIE DU VALLESPIR in its sector

Comparison with sector Travaux de menuiserie métallique et serrurerie

Valuation estimate

Based on 264 transactions of similar company sales (all years), the value of SARL SERRURERIE DU VALLESPIR is estimated at 267 232 € (range 114 597€ - 482 248€). With an EBITDA of 117 575€, the sector multiple of 2.1x is applied. The price/revenue ratio is 0.18x (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 2016
264 transactions
114k€ 267k€ 482k€
267 232 € Range: 114 597€ - 482 248€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
117 575 € × 2.1x
Estimation 245 289 €
76 760€ - 459 923€
Revenue Multiple 30%
2 115 535 € × 0.18x
Estimation 372 176 €
218 902€ - 604 835€
Net Income Multiple 20%
53 712 € × 3.1x
Estimation 164 678 €
52 733€ - 354 184€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 264 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 (Travaux de menuiserie métallique et serrurerie)

Compare SARL SERRURERIE DU VALLESPIR with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de menuiserie métallique et serrurerie

Frequently asked questions about SARL SERRURERIE DU VALLESPIR

What is the revenue of SARL SERRURERIE DU VALLESPIR ?

The revenue of SARL SERRURERIE DU VALLESPIR in 2016 is 2.1 M€.

Is SARL SERRURERIE DU VALLESPIR profitable?

Yes, SARL SERRURERIE DU VALLESPIR generated a net profit of 54 k€ in 2016.

Where is the headquarters of SARL SERRURERIE DU VALLESPIR ?

The headquarters of SARL SERRURERIE DU VALLESPIR is located in CERET (66400), in the department Pyrenees-Orientales.

Where to find the tax return of SARL SERRURERIE DU VALLESPIR ?

The tax return of SARL SERRURERIE DU VALLESPIR 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 SERRURERIE DU VALLESPIR operate?

SARL SERRURERIE DU VALLESPIR operates in the sector Travaux de menuiserie métallique et serrurerie (NAF code 43.32B). See the 'Sector positioning' section above to compare the company with its competitors.