SARPI THINKTECH : revenue, balance sheet and financial ratios

SARPI THINKTECH is a French company founded 33 years ago, specialized in the sector Dépollution et autres services de gestion des déchets. Based in SAINT-PIERRE-DE-CHANDIEU (69780), this company of category GE shows in 2024 a revenue of 27.9 M€. 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 - SARPI THINKTECH (SIREN 388977068)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 27 855 642 € 30 052 041 € 38 246 942 € 44 453 624 € 36 688 412 € 42 305 020 € 43 234 340 € 43 529 936 € 62 751 404 €
Net income -4 467 370 € -3 338 986 € -3 063 310 € 30 130 € -1 185 997 € -200 186 € -6 749 803 € -4 265 693 € 1 803 097 €
EBITDA -2 678 056 € -1 571 043 € -1 267 126 € 2 662 548 € 1 334 557 € 1 862 703 € -524 133 € -1 428 786 € 5 941 031 €
Net margin -16.0% -11.1% -8.0% 0.1% -3.2% -0.5% -15.6% -9.8% 2.9%

Revenue and income statement

In 2024, SARPI THINKTECH achieves revenue of 27.9 M€. Revenue is declining over the period 2016-2024 (CAGR: -9.7%). Slight decline of -7% vs 2023. After deducting consumption (-195 k€), gross margin stands at 28.1 M€, i.e. a rate of 101%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -2.7 M€, representing -9.6% of revenue. Warning negative scissor effect: despite revenue change (-7%), EBITDA varies by -70%, reducing margin by 4.4 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -4.5 M€ (-16.0% 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

27 855 642 €

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

28 050 658 €

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

-2 678 056 €

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

-3 700 287 €

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

-4 467 370 €

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

-9.6%

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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 -141%. 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 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

-141.306%

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

-73.978%

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

-11.901%

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

-5.479

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

13.8%

Solvency indicators evolution
SARPI THINKTECH

Sector positioning

Debt ratio
-141.31 2024
2022
2023
2024
Q1: 0.99
Med: 19.98
Q3: 63.48
Excellent

In 2024, the debt ratio of SARPI THINKTECH (-141.31) 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
-73.98% 2024
2022
2023
2024
Q1: 9.99%
Med: 31.17%
Q3: 48.68%
Watch

In 2024, the financial autonomy of SARPI THINKTECH (-74.0%) 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
-5.48 years 2024
2022
2023
2024
Q1: -0.08 years
Med: 0.14 years
Q3: 1.48 years
Excellent

In 2024, the repayment capacity of SARPI THINKTECH (-5.48) 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 111.47. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

111.475

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

-33.981

Liquidity indicators evolution
SARPI THINKTECH

Sector positioning

Liquidity ratio
111.47 2024
2022
2023
2024
Q1: 127.44
Med: 177.57
Q3: 258.33
Watch

In 2024, the liquidity ratio of SARPI THINKTECH (111.47) 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
-33.98x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.53x
Q3: 4.41x
Watch

In 2024, the interest coverage of SARPI THINKTECH (-34.0x) 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: 86 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 76 days. The company must finance 10 days of gap between collections and payments. Inventory turnover is 17 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 55 days of revenue, i.e. 4.3 M€ to permanently finance. Notable WCR improvement over the period (-48%), 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

4 255 785 €

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

86 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

76 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

17 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

55 j

WCR and payment terms evolution
SARPI THINKTECH

Positioning of SARPI THINKTECH in its sector

Comparison with sector Dépollution et autres services de gestion des déchets

Similar companies (Dépollution et autres services de gestion des déchets)

Compare SARPI THINKTECH with other companies in the same sector:

Voir toutes les statistiques du secteur Dépollution et autres services de gestion des déchets

Frequently asked questions about SARPI THINKTECH

What is the revenue of SARPI THINKTECH ?

The revenue of SARPI THINKTECH in 2024 is 27.9 M€.

Is SARPI THINKTECH profitable?

SARPI THINKTECH recorded a net loss in 2024.

Where is the headquarters of SARPI THINKTECH ?

The headquarters of SARPI THINKTECH is located in SAINT-PIERRE-DE-CHANDIEU (69780), in the department Rhone.

Where to find the tax return of SARPI THINKTECH ?

The tax return of SARPI THINKTECH 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 SARPI THINKTECH operate?

SARPI THINKTECH operates in the sector Dépollution et autres services de gestion des déchets (NAF code 39.00Z). See the 'Sector positioning' section above to compare the company with its competitors.