SATAP ENVIRONNEMENT : revenue, balance sheet and financial ratios

SATAP ENVIRONNEMENT is a French company founded 16 years ago, specialized in the sector Fabrication d'autres réservoirs, citernes et conteneurs métalliques. Based in CONDE-EN-BRIE (02330), this company of category PME shows in 2020 a revenue of 102 k€. 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 - SATAP ENVIRONNEMENT (SIREN 519114052)
Indicator 2020 2019 2018 2017 2016 2015
Revenue 102 450 € 60 521 € 51 450 € 79 383 € 114 278 € 70 148 €
Net income 12 360 € -2 069 € 729 € 6 685 € 4 170 € -5 267 €
EBITDA 17 600 € -474 € -7 624 € 11 103 € 42 445 € -3 880 €
Net margin 12.1% -3.4% 1.4% 8.4% 3.6% -7.5%

Revenue and income statement

In 2020, SATAP ENVIRONNEMENT achieves revenue of 102 k€. Over the period 2015-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +7.9%. Vs 2019, growth of +69% (61 k€ -> 102 k€). After deducting consumption (16 k€), gross margin stands at 86 k€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 18 k€, representing 17.2% of revenue. Positive scissor effect: EBITDA margin improves by +18.0 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 12 k€, i.e. 12.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

102 450 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

86 167 €

EBITDA (2020) ?
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

17 600 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

14 700 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

12 360 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

17.2%

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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 103%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 43%. 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 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 15.3% 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 (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

102.514%

Financial autonomy (2020) ?
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

42.89%

Cash flow / Revenue (2020) ?
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

15.252%

Repayment capacity (2020) ?
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

0.76

Asset age ratio (2020) ?
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

30.3%

Solvency indicators evolution
SATAP ENVIRONNEMENT

Sector positioning

Debt ratio
102.51 2020
2018
2019
2020
Q1: 4.03
Med: 16.54
Q3: 51.6
Watch

In 2020, the debt ratio of SATAP ENVIRONNEMENT (102.51) 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
42.89% 2020
2018
2019
2020
Q1: 16.97%
Med: 40.65%
Q3: 54.46%
Good

In 2020, the financial autonomy of SATAP ENVIRONNEMENT (42.9%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.76 years 2020
2018
2019
2020
Q1: -0.55 years
Med: 0.65 years
Q3: 1.97 years
Average -23 pts over 3 years

In 2020, the repayment capacity of SATAP ENVIRONNEMENT (0.76) 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 193.14. 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 1.7x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2020) ?
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

193.143

Interest coverage (2020) ?
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

1.682

Liquidity indicators evolution
SATAP ENVIRONNEMENT

Sector positioning

Liquidity ratio
193.14 2020
2018
2019
2020
Q1: 173.51
Med: 240.63
Q3: 340.28
Average

In 2020, the liquidity ratio of SATAP ENVIRONNEMENT (193.14) 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
1.68x 2020
2018
2019
2020
Q1: -2.03x
Med: 0.19x
Q3: 1.71x
Good +50 pts over 3 years

In 2020, the interest coverage of SATAP ENVIRONNEMENT (1.7x) 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: 48 days. Favorable situation: supplier credit is longer than customer credit by 22 days. Inventory turnover is 406 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 165 days of revenue, i.e. 47 k€ to permanently finance. Over 2015-2020, WCR increased by +79%, requiring additional financing.

Operating WCR (2020) ?
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

47 094 €

Customer credit (2020) ?
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 (2020) ?
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

48 j

Inventory turnover (2020) ?
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

406 j

WCR in days of revenue (2020) ?
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

165 j

WCR and payment terms evolution
SATAP ENVIRONNEMENT

Positioning of SATAP ENVIRONNEMENT in its sector

Comparison with sector Fabrication d'autres réservoirs, citernes et conteneurs métalliques

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of SATAP ENVIRONNEMENT is estimated at 28 056 € (range 9 458€ - 70 116€). With an EBITDA of 17 600€, the sector multiple of 1.7x 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 2020
276 transactions
9k€ 28k€ 70k€
28 056 € Range: 9 458€ - 70 116€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
17 600 € × 1.7x
Estimation 30 458 €
8 328€ - 83 715€
Revenue Multiple 30%
102 450 € × 0.18x
Estimation 18 926 €
10 915€ - 35 593€
Net Income Multiple 20%
12 360 € × 2.9x
Estimation 35 751 €
10 102€ - 87 905€
How is this estimate calculated?

This estimate is based on the analysis of 276 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 réservoirs, citernes et conteneurs métalliques)

Compare SATAP ENVIRONNEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres réservoirs, citernes et conteneurs métalliques

Frequently asked questions about SATAP ENVIRONNEMENT

What is the revenue of SATAP ENVIRONNEMENT ?

The revenue of SATAP ENVIRONNEMENT in 2020 is 102 k€.

Is SATAP ENVIRONNEMENT profitable?

Yes, SATAP ENVIRONNEMENT generated a net profit of 12 k€ in 2020.

Where is the headquarters of SATAP ENVIRONNEMENT ?

The headquarters of SATAP ENVIRONNEMENT is located in CONDE-EN-BRIE (02330), in the department Aisne.

Where to find the tax return of SATAP ENVIRONNEMENT ?

The tax return of SATAP ENVIRONNEMENT 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 SATAP ENVIRONNEMENT operate?

SATAP ENVIRONNEMENT operates in the sector Fabrication d'autres réservoirs, citernes et conteneurs métalliques (NAF code 25.29Z). See the 'Sector positioning' section above to compare the company with its competitors.