SAS ULTRA PROP 66 : revenue, balance sheet and financial ratios

SAS ULTRA PROP 66 is a French company founded 11 years ago, specialized in the sector Autres activités de nettoyage des bâtiments et nettoyage industriel. Based in ELNE (66200), this company of category PME shows in 2021 a revenue of 152 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 - SAS ULTRA PROP 66 (SIREN 803220151)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 152 146 € 162 001 € 147 689 € 133 341 € 120 126 € 111 338 €
Net income 71 965 € 60 802 € 47 511 € 31 031 € 45 660 € 50 578 €
EBITDA 96 534 € 88 777 € 83 577 € 53 487 € 66 495 € 70 568 €
Net margin 47.3% 37.5% 32.2% 23.3% 38.0% 45.4%

Revenue and income statement

In 2021, SAS ULTRA PROP 66 achieves revenue of 152 k€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +6.4%. Slight decline of -6% vs 2020. After deducting consumption (2 k€), gross margin stands at 150 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 97 k€, representing 63.4% of revenue. Positive scissor effect: EBITDA margin improves by +8.6 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 72 k€, i.e. 47.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

152 146 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

150 284 €

EBITDA (2021) ?
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

96 534 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

91 777 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

71 965 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

63.4%

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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 48%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 56.4% 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 (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

47.723%

Financial autonomy (2021) ?
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

15.024%

Cash flow / Revenue (2021) ?
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

56.443%

Repayment capacity (2021) ?
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

0.421

Asset age ratio (2021) ?
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

19.4%

Solvency indicators evolution
SAS ULTRA PROP 66

Sector positioning

Debt ratio
47.72 2021
2019
2020
2021
Q1: 0.12
Med: 18.59
Q3: 76.49
Average -6 pts over 3 years

In 2021, the debt ratio of SAS ULTRA PROP 66 (47.72) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
15.02% 2021
2019
2020
2021
Q1: 7.9%
Med: 29.36%
Q3: 49.6%
Average

In 2021, the financial autonomy of SAS ULTRA PROP 66 (15.0%) 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
0.42 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.01 years
Q3: 1.3 years
Average

In 2021, the repayment capacity of SAS ULTRA PROP 66 (0.42) 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 173.48. 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 1.0x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2021) ?
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

173.476

Interest coverage (2021) ?
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

1.035

Liquidity indicators evolution
SAS ULTRA PROP 66

Sector positioning

Liquidity ratio
173.48 2021
2019
2020
2021
Q1: 126.28
Med: 180.36
Q3: 265.02
Average +20 pts over 3 years

In 2021, the liquidity ratio of SAS ULTRA PROP 66 (173.48) 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
1.03x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 1.16x
Good +8 pts over 3 years

In 2021, the interest coverage of SAS ULTRA PROP 66 (1.0x) 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: 26 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 546 days. Excellent situation: suppliers finance 520 days of the operating cycle (retail model). Overall, WCR represents 231 days of revenue, i.e. 98 k€ to permanently finance. Over 2016-2021, WCR increased by +157%, requiring additional financing.

Operating WCR (2021) ?
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

97 644 €

Customer credit (2021) ?
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

26 j

Supplier credit (2021) ?
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

546 j

Inventory turnover (2021) ?
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 (2021) ?
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

231 j

WCR and payment terms evolution
SAS ULTRA PROP 66

Positioning of SAS ULTRA PROP 66 in its sector

Comparison with sector Autres activités de nettoyage des bâtiments et nettoyage industriel

Valuation estimate

Based on 53 transactions of similar company sales (all years), the value of SAS ULTRA PROP 66 is estimated at 187 471 € (range 75 311€ - 308 092€). With an EBITDA of 96 534€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.35x (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 2021
53 tx
75k€ 187k€ 308k€
187 471 € Range: 75 311€ - 308 092€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
96 534 € × 2.6x
Estimation 246 657 €
99 519€ - 379 177€
Revenue Multiple 30%
152 146 € × 0.35x
Estimation 53 624 €
22 273€ - 92 158€
Net Income Multiple 20%
71 965 € × 3.3x
Estimation 240 276 €
94 353€ - 454 284€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 53 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 (Autres activités de nettoyage des bâtiments et nettoyage industriel)

Compare SAS ULTRA PROP 66 with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités de nettoyage des bâtiments et nettoyage industriel

Frequently asked questions about SAS ULTRA PROP 66

What is the revenue of SAS ULTRA PROP 66 ?

The revenue of SAS ULTRA PROP 66 in 2021 is 152 k€.

Is SAS ULTRA PROP 66 profitable?

Yes, SAS ULTRA PROP 66 generated a net profit of 72 k€ in 2021.

Where is the headquarters of SAS ULTRA PROP 66 ?

The headquarters of SAS ULTRA PROP 66 is located in ELNE (66200), in the department Pyrenees-Orientales.

Where to find the tax return of SAS ULTRA PROP 66 ?

The tax return of SAS ULTRA PROP 66 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 ULTRA PROP 66 operate?

SAS ULTRA PROP 66 operates in the sector Autres activités de nettoyage des bâtiments et nettoyage industriel (NAF code 81.22Z). See the 'Sector positioning' section above to compare the company with its competitors.