SCHMIDT ERNEST & CIE : revenue, balance sheet and financial ratios

SCHMIDT ERNEST & CIE is a French company founded 61 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de bois et de matériaux de construction . Based in DIEMERINGEN (67430), this company of category PME shows in 2023 a revenue of 12.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SCHMIDT ERNEST & CIE (SIREN 676580251)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 12 255 022 € 14 542 450 € 13 111 108 € 11 703 760 € 11 550 095 € 11 667 902 € 10 516 410 € 9 660 190 €
Net income 1 035 287 € 320 225 € 240 445 € 171 700 € 108 008 € 140 947 € 166 599 € 140 674 €
EBITDA 128 047 € 1 174 765 € 683 448 € 510 562 € 415 784 € 420 550 € 398 854 € 316 502 €
Net margin 8.4% 2.2% 1.8% 1.5% 0.9% 1.2% 1.6% 1.5%

Revenue and income statement

In 2023, SCHMIDT ERNEST & CIE achieves revenue of 12.3 M€. Revenue is growing positively over 8 years (CAGR: +3.5%). Significant drop of -16% vs 2022. After deducting consumption (8.6 M€), gross margin stands at 3.6 M€, i.e. a rate of 30%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 128 k€, representing 1.0% of revenue. Warning negative scissor effect: despite revenue change (-16%), EBITDA varies by -89%, reducing margin by 7.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.0 M€, i.e. 8.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

12 255 022 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 620 834 €

EBITDA (2023) ?
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

128 047 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

14 038 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 035 287 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.0%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 11%. 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 71%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

10.779%

Financial autonomy (2023) ?
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

71.443%

Cash flow / Revenue (2023) ?
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

-3.715%

Repayment capacity (2023) ?
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

-1.306

Asset age ratio (2023) ?
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

43.4%

Solvency indicators evolution
SCHMIDT ERNEST & CIE

Sector positioning

Debt ratio
10.78 2023
2021
2022
2023
Q1: 2.57
Med: 20.68
Q3: 66.59
Good -22 pts over 3 years

In 2023, the debt ratio of SCHMIDT ERNEST & CIE (10.78) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
71.44% 2023
2021
2022
2023
Q1: 23.87%
Med: 44.0%
Q3: 61.5%
Excellent +6 pts over 3 years

In 2023, the financial autonomy of SCHMIDT ERNEST & CIE (71.4%) 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
-1.31 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.61 years
Q3: 2.59 years
Excellent -50 pts over 3 years

In 2023, the repayment capacity of SCHMIDT ERNEST & CIE (-1.31) 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 469.86. 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 13.3x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

469.863

Interest coverage (2023) ?
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

13.257

Liquidity indicators evolution
SCHMIDT ERNEST & CIE

Sector positioning

Liquidity ratio
469.86 2023
2021
2022
2023
Q1: 162.74
Med: 229.49
Q3: 335.87
Excellent

In 2023, the liquidity ratio of SCHMIDT ERNEST & CIE (469.86) 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
13.26x 2023
2021
2022
2023
Q1: 0.0x
Med: 1.22x
Q3: 6.21x
Excellent

In 2023, the interest coverage of SCHMIDT ERNEST & CIE (13.3x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 52 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 34 days. The company must finance 18 days of gap between collections and payments. Inventory turnover is 78 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 153 days of revenue, i.e. 5.2 M€ to permanently finance. Over 2016-2023, WCR increased by +54%, requiring additional financing.

Operating WCR (2023) ?
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

5 191 718 €

Customer credit (2023) ?
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

52 j

Supplier credit (2023) ?
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

34 j

Inventory turnover (2023) ?
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

78 j

WCR in days of revenue (2023) ?
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

153 j

WCR and payment terms evolution
SCHMIDT ERNEST & CIE

Positioning of SCHMIDT ERNEST & CIE in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de bois et de matériaux de construction

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (23 transactions). This range of 358 388€ to 1 522 309€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
358k€ 619k€ 1522k€
619 141 € Range: 358 388€ - 1 522 309€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 23 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 (Commerce de gros (commerce interentreprises) de bois et de matériaux de construction )

Compare SCHMIDT ERNEST & CIE with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de bois et de matériaux de construction

Frequently asked questions about SCHMIDT ERNEST & CIE

What is the revenue of SCHMIDT ERNEST & CIE ?

The revenue of SCHMIDT ERNEST & CIE in 2023 is 12.3 M€.

Is SCHMIDT ERNEST & CIE profitable?

Yes, SCHMIDT ERNEST & CIE generated a net profit of 1.0 M€ in 2023.

Where is the headquarters of SCHMIDT ERNEST & CIE ?

The headquarters of SCHMIDT ERNEST & CIE is located in DIEMERINGEN (67430), in the department Bas-Rhin.

Where to find the tax return of SCHMIDT ERNEST & CIE ?

The tax return of SCHMIDT ERNEST & CIE 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 SCHMIDT ERNEST & CIE operate?

SCHMIDT ERNEST & CIE operates in the sector Commerce de gros (commerce interentreprises) de bois et de matériaux de construction (NAF code 46.73A). See the 'Sector positioning' section above to compare the company with its competitors.