Employees: NN (None)Legal category: SCA (commandite par actions)Size: NoneCreation date: 1982-10-01 (43 years)Status: ActiveBusiness sector: Fabrication d'emballages en boisLocation: AVRANCHES (50300), Manche
SAS BLANCHET : revenue, balance sheet and financial ratios
SAS BLANCHET is a French company
founded 43 years ago,
specialized in the sector Fabrication d'emballages en bois.
Based in AVRANCHES (50300),
this company of category PME
shows in 2024 a revenue of 866 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - SAS BLANCHET (SIREN 325559573)
Indicator
2024
2023
2020
2019
2018
2017
2016
Revenue
866 243 €
779 319 €
396 593 €
437 441 €
470 767 €
201 435 €
8 783 353 €
Net income
259 094 €
782 873 €
198 362 €
272 799 €
278 485 €
26 640 €
438 751 €
EBITDA
100 078 €
90 068 €
72 428 €
130 917 €
129 440 €
14 611 €
1 025 073 €
Net margin
29.9%
100.5%
50.0%
62.4%
59.2%
13.2%
5.0%
Revenue and income statement
In 2024, SAS BLANCHET achieves revenue of 866 k€. Revenue is declining over the period 2016-2024 (CAGR: -25.1%). Vs 2023, growth of +11% (779 k€ -> 866 k€). After deducting consumption (0 €), gross margin stands at 866 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 100 k€, representing 11.6% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 259 k€, i.e. 29.9% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
866 243 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
866 243 €
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
100 078 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
87 994 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
259 094 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
11.6%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
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 86%. 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 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 30.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
8.513%
Financial autonomy (2024)
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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
86.494%
Cash flow / Revenue (2024)
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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
30.769%
Repayment capacity (2024)
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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
1.589
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2023
2024
Debt ratio
42.93
3.597
5.408
10.314
12.235
9.887
8.513
Financial autonomy
48.356
79.982
77.695
78.108
77.56
81.753
86.494
Repayment capacity
1.666
10.251
0.738
1.468
2.016
0.637
1.589
Cash flow / Revenue
8.993%
5.291%
50.843%
56.667%
56.169%
95.179%
30.769%
Sector positioning
Debt ratio
8.512024
2020
2023
2024
Q1: 11.28
Med: 29.01
Q3: 72.26
Excellent
In 2024, the debt ratio of SAS BLANCHET (8.51) 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
86.49%2024
2020
2023
2024
Q1: 37.01%
Med: 54.18%
Q3: 67.76%
Excellent+11 pts over 3 years
In 2024, the financial autonomy of SAS BLANCHET (86.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
Repayment capacity
1.59 years2024
2020
2023
2024
Q1: 0.25 years
Med: 1.3 years
Q3: 3.99 years
Average
In 2024, the repayment capacity of SAS BLANCHET (1.59) 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 579.15. 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 7.2x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2024)
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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
579.147
Interest coverage (2024)
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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
7.201
Liquidity indicators evolution SAS BLANCHET
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2023
2024
Liquidity ratio
261.385
106.108
107.476
151.62
191.613
350.79
579.147
Interest coverage
4.676
4.168
1.242
4.038
9.222
8.461
7.201
Sector positioning
Liquidity ratio
579.152024
2020
2023
2024
Q1: 194.02
Med: 291.0
Q3: 453.54
Excellent+44 pts over 3 years
In 2024, the liquidity ratio of SAS BLANCHET (579.15) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
Interest coverage
7.2x2024
2020
2023
2024
Q1: 0.42x
Med: 3.42x
Q3: 12.99x
Good-15 pts over 3 years
In 2024, the interest coverage of SAS BLANCHET (7.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
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: 98 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 64 days. The gap of 34 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 434 days of revenue, i.e. 1.0 M€ to permanently finance. Notable WCR improvement over the period (-64%), freeing up cash.
Operating WCR (2024)
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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
1 045 373 €
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
98 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
64 j
Inventory turnover (2024)
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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
0 j
WCR in days of revenue (2024)
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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
434 j
WCR and payment terms evolution SAS BLANCHET
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2023
2024
Operating WCR
2 919 499 €
-429 723 €
-333 397 €
-106 263 €
6 928 €
858 880 €
1 045 373 €
Inventory turnover (days)
103
0
0
0
0
0
0
Customer payment term (days)
37
307
193
173
138
145
98
Supplier payment term (days)
63
66
24
119
28
248
64
Positioning of SAS BLANCHET in its sector
Comparison with sector Fabrication d'emballages en bois
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (44 transactions).
This range of 117 300€ to 602 516€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2024
Indicative
117k€226k€602k€
226 396 €Range: 117 300€ - 602 516€
NAF 4 all-time
Aggregated at NAF sub-class level
How is this estimate calculated?
This estimate is based on the analysis of 44 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'emballages en bois)
Compare SAS BLANCHET with other companies in the same sector:
Yes, SAS BLANCHET generated a net profit of 259 k€ in 2024.
Where is the headquarters of SAS BLANCHET ?
The headquarters of SAS BLANCHET is located in AVRANCHES (50300), in the department Manche.
Where to find the tax return of SAS BLANCHET ?
The tax return of SAS BLANCHET 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 SAS BLANCHET operate?
SAS BLANCHET operates in the sector Fabrication d'emballages en bois (NAF code 16.24Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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