SERRURERIE ALBERT THOMAS : revenue, balance sheet and financial ratios

SERRURERIE ALBERT THOMAS is a French company founded 13 years ago, specialized in the sector Travaux de menuiserie métallique et serrurerie. Based in VILLEURBANNE (69100), this company of category PME shows in 2024 a revenue of 989 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

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

Financial history - SERRURERIE ALBERT THOMAS (SIREN 790305536)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 988 707 € 1 022 205 € 761 561 € 820 175 € 626 439 € 565 700 € 445 930 € 449 542 €
Net income 11 987 € 60 413 € 7 340 € 20 441 € -21 726 € 21 661 € 18 278 € 55 079 €
EBITDA -14 178 € 104 637 € 14 303 € 31 565 € -8 275 € 32 042 € 27 287 € 72 007 €
Net margin 1.2% 5.9% 1.0% 2.5% -3.5% 3.8% 4.1% 12.3%

Revenue and income statement

In 2024, SERRURERIE ALBERT THOMAS achieves revenue of 989 k€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +11.9%. Slight decline of -3% vs 2023. After deducting consumption (338 k€), gross margin stands at 651 k€, i.e. a rate of 66%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -14 k€, representing -1.4% of revenue. Warning negative scissor effect: despite revenue change (-3%), EBITDA varies by -114%, reducing margin by 11.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 12 k€, i.e. 1.2% 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

988 707 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

650 860 €

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

-14 178 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

10 815 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

11 987 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-1.4%

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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 35%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 26%. The balance between equity and debt is satisfactory.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

35.028%

Financial autonomy (2024) ?
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

26.09%

Cash flow / Revenue (2024) ?
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

-1.265%

Repayment capacity (2024) ?
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

-3.348

Solvency indicators evolution
SERRURERIE ALBERT THOMAS

Sector positioning

Debt ratio
35.03 2024
2022
2023
2024
Q1: 3.86
Med: 18.7
Q3: 47.26
Average -11 pts over 3 years

In 2024, the debt ratio of SERRURERIE ALBERT THOMAS (35.03) 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
26.09% 2024
2022
2023
2024
Q1: 22.22%
Med: 43.8%
Q3: 59.91%
Average -8 pts over 3 years

In 2024, the financial autonomy of SERRURERIE ALBERT THOMAS (26.1%) 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
-3.35 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.34 years
Q3: 1.4 years
Excellent -51 pts over 3 years

In 2024, the repayment capacity of SERRURERIE ALBERT THOMAS (-3.35) 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 0.00. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement.

Liquidity ratio (2024) ?
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

0.0

Interest coverage (2024) ?
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

-6.277

Liquidity indicators evolution
SERRURERIE ALBERT THOMAS

Sector positioning

Liquidity ratio
0.0 2024
2022
2023
2024
Q1: 164.13
Med: 228.07
Q3: 326.05
Watch +20 pts over 3 years

In 2024, the liquidity ratio of SERRURERIE ALBERT THOMAS (0.00) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-6.28x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.52x
Q3: 3.51x
Average -50 pts over 3 years

In 2024, the interest coverage of SERRURERIE ALBERT THOMAS (-6.3x) 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. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 100 days. Excellent situation: suppliers finance 100 days of the operating cycle (retail model). WCR is negative (-40 days): operations structurally generate cash. Notable WCR improvement over the period (-729%), freeing up cash.

Operating WCR (2024) ?
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

-110 725 €

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

0 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

100 j

Inventory turnover (2024) ?
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) ?
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

-40 j

WCR and payment terms evolution
SERRURERIE ALBERT THOMAS

Positioning of SERRURERIE ALBERT THOMAS in its sector

Comparison with sector Travaux de menuiserie métallique et serrurerie

Valuation estimate

Based on 51 transactions of similar company sales in 2024, the value of SERRURERIE ALBERT THOMAS is estimated at 101 192 € (range 50 741€ - 137 446€). The price/revenue ratio is 0.14x (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 2024
51 tx
50k€ 101k€ 137k€
101 192 € Range: 50 741€ - 137 446€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
988 707 € × 0.14x
Estimation 141 510 €
73 833€ - 167 183€
Net Income Multiple 20%
11 987 € × 3.4x
Estimation 40 717 €
16 103€ - 92 841€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 51 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 (Travaux de menuiserie métallique et serrurerie)

Compare SERRURERIE ALBERT THOMAS with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de menuiserie métallique et serrurerie

Frequently asked questions about SERRURERIE ALBERT THOMAS

What is the revenue of SERRURERIE ALBERT THOMAS ?

The revenue of SERRURERIE ALBERT THOMAS in 2024 is 989 k€.

Is SERRURERIE ALBERT THOMAS profitable?

Yes, SERRURERIE ALBERT THOMAS generated a net profit of 12 k€ in 2024.

Where is the headquarters of SERRURERIE ALBERT THOMAS ?

The headquarters of SERRURERIE ALBERT THOMAS is located in VILLEURBANNE (69100), in the department Rhone.

Where to find the tax return of SERRURERIE ALBERT THOMAS ?

The tax return of SERRURERIE ALBERT THOMAS 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 SERRURERIE ALBERT THOMAS operate?

SERRURERIE ALBERT THOMAS operates in the sector Travaux de menuiserie métallique et serrurerie (NAF code 43.32B). See the 'Sector positioning' section above to compare the company with its competitors.