Employees: 12 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1982-12-24 (43 years)Status: ActiveBusiness sector: Fabrication d'autres articles de robinetterieLocation: WATTRELOS (59150), Nord
SAS CORRI SERVAIS : revenue, balance sheet and financial ratios
SAS CORRI SERVAIS is a French company
founded 43 years ago,
specialized in the sector Fabrication d'autres articles de robinetterie.
Based in WATTRELOS (59150),
this company of category PME
shows in 2017 a revenue of 6.6 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - SAS CORRI SERVAIS (SIREN 326792348)
Indicator
2019
2018
2017
2016
Revenue
N/C
N/C
6 566 835 €
5 763 360 €
Net income
273 603 €
161 733 €
372 763 €
312 428 €
EBITDA
N/C
N/C
651 513 €
550 550 €
Net margin
N/C
N/C
5.7%
5.4%
Revenue and income statement
In 2019, SAS CORRI SERVAIS generates positive net income of 274 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2019: 312 k€ -> 274 k€.
Net income (2019)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
273 603 €
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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 40%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 56%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2019)
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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
40.344%
Financial autonomy (2019)
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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
55.503%
Asset age ratio (2019)
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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
Debt ratio
15.641
19.959
19.015
40.344
Financial autonomy
72.804
63.747
64.88
55.503
Repayment capacity
1.452
1.104
None
None
Cash flow / Revenue
5.412%
8.249%
None%
None%
Sector positioning
Debt ratio
40.342019
2017
2018
2019
Q1: 0.26
Med: 10.03
Q3: 33.11
Watch+17 pts over 3 years
In 2019, the debt ratio of SAS CORRI SERVAIS (40.34) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
Financial autonomy
55.5%2019
2017
2018
2019
Q1: 34.32%
Med: 55.86%
Q3: 70.64%
Average-26 pts over 3 years
In 2019, the financial autonomy of SAS CORRI SERVAIS (55.5%) 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
1.1 years2017
2017
Q1: 0.0 years
Med: 0.37 years
Q3: 1.81 years
Average
In 2017, the repayment capacity of SAS CORRI SERVAIS (1.10) 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 367.42. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2019)
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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
367.419
Liquidity indicators evolution SAS CORRI SERVAIS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
Liquidity ratio
518.283
358.913
362.691
367.419
Interest coverage
1.513
1.781
None
None
Sector positioning
Liquidity ratio
367.422019
2017
2018
2019
Q1: 196.61
Med: 275.73
Q3: 391.13
Good-5 pts over 3 years
In 2019, the liquidity ratio of SAS CORRI SERVAIS (367.42) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
Interest coverage
1.78x2017
2017
Q1: 0.06x
Med: 2.08x
Q3: 6.39x
Average
In 2017, the interest coverage of SAS CORRI SERVAIS (1.8x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
Operating WCR (2019)
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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
0 €
Customer credit (2019)
?
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
0 j
Supplier credit (2019)
?
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
0 j
Inventory turnover (2019)
?
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 and payment terms evolution SAS CORRI SERVAIS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
Operating WCR
2 907 385 €
3 529 345 €
0 €
0 €
Inventory turnover (days)
137
123
0
0
Customer payment term (days)
48
76
0
0
Supplier payment term (days)
29
55
0
0
Positioning of SAS CORRI SERVAIS in its sector
Comparison with sector Fabrication d'autres articles de robinetterie
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions).
This range of 51 226€ to 2 046 790€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2019
Indicative
51k€252k€2046k€
252 781 €Range: 51 226€ - 2 046 790€
NAF 4 all-time
Aggregated at NAF sub-class level
How is this estimate calculated?
This estimate is based on the analysis of 37 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'autres articles de robinetterie)
Compare SAS CORRI SERVAIS with other companies in the same sector:
Frequently asked questions about SAS CORRI SERVAIS
What is the revenue of SAS CORRI SERVAIS ?
The revenue of SAS CORRI SERVAIS in 2017 is 6.6 M€.
Is SAS CORRI SERVAIS profitable?
Yes, SAS CORRI SERVAIS generated a net profit of 274 k€ in 2019.
Where is the headquarters of SAS CORRI SERVAIS ?
The headquarters of SAS CORRI SERVAIS is located in WATTRELOS (59150), in the department Nord.
Where to find the tax return of SAS CORRI SERVAIS ?
The tax return of SAS CORRI SERVAIS 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 CORRI SERVAIS operate?
SAS CORRI SERVAIS operates in the sector Fabrication d'autres articles de robinetterie (NAF code 28.14Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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