SERRURERIE CORDONNERIE GAMBETTA : revenue, balance sheet and financial ratios

SERRURERIE CORDONNERIE GAMBETTA is a French company founded 12 years ago, specialized in the sector Réparation de chaussures et d'articles en cuir. Based in CANNES (06400), this company of category PME shows in 2024 a revenue of 402 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 - SERRURERIE CORDONNERIE GAMBETTA (SIREN 793382821)
Indicator 2024 2023 2022 2021 2020 2019 2017 2016
Revenue 401 914 € 424 000 € 385 622 € 392 689 € 339 853 € 367 587 € 382 904 € 374 283 €
Net income 6 516 € -1 422 € 34 844 € 17 764 € 8 575 € 37 550 € 33 390 € 21 573 €
EBITDA 9 736 € 3 797 € 43 312 € 21 817 € 22 363 € 61 126 € 54 907 € 43 554 €
Net margin 1.6% -0.3% 9.0% 4.5% 2.5% 10.2% 8.7% 5.8%

Revenue and income statement

In 2024, SERRURERIE CORDONNERIE GAMBETTA achieves revenue of 402 k€. Revenue is growing positively over 8 years (CAGR: +0.9%). Slight decline of -5% vs 2023. After deducting consumption (154 k€), gross margin stands at 248 k€, i.e. a rate of 62%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 10 k€, representing 2.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 7 k€, i.e. 1.6% 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

401 914 €

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

248 005 €

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

9 736 €

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

8 552 €

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

6 516 €

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

2.4%

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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 18%. 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 72%. 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 6.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

18.106%

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

72.143%

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

1.971%

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

6.261

Asset age ratio (2024) ?
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

7.4%

Solvency indicators evolution
SERRURERIE CORDONNERIE GAMBETTA

Sector positioning

Debt ratio
18.11 2024
2022
2023
2024
Q1: 0.0
Med: 10.99
Q3: 70.39
Average

In 2024, the debt ratio of SERRURERIE CORDONNERIE GA... (18.11) 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
72.14% 2024
2022
2023
2024
Q1: 2.26%
Med: 19.77%
Q3: 51.28%
Excellent +8 pts over 3 years

In 2024, the financial autonomy of SERRURERIE CORDONNERIE GA... (72.1%) 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
6.26 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.08 years
Q3: 2.04 years
Watch +7 pts over 3 years

In 2024, the repayment capacity of SERRURERIE CORDONNERIE GA... (6.26) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 142.38. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.

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

142.379

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

0.339

Liquidity indicators evolution
SERRURERIE CORDONNERIE GAMBETTA

Sector positioning

Liquidity ratio
142.38 2024
2022
2023
2024
Q1: 48.1
Med: 142.23
Q3: 263.62
Good -8 pts over 3 years

In 2024, the liquidity ratio of SERRURERIE CORDONNERIE GA... (142.38) 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
0.34x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.5x
Good -19 pts over 3 years

In 2024, the interest coverage of SERRURERIE CORDONNERIE GA... (0.3x) 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: 10 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 44 days. Excellent situation: suppliers finance 34 days of the operating cycle (retail model). Inventory turnover is 39 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 34 days of revenue, i.e. 38 k€ to permanently finance. Over 2016-2024, WCR increased by +94%, requiring additional financing.

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

37 527 €

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

10 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

44 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

39 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

34 j

WCR and payment terms evolution
SERRURERIE CORDONNERIE GAMBETTA

Positioning of SERRURERIE CORDONNERIE GAMBETTA in its sector

Comparison with sector Réparation de chaussures et d'articles en cuir

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (33 transactions). This range of 67 070€ to 166 836€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
67k€ 124k€ 166k€
124 433 € Range: 67 070€ - 166 836€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 33 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 (Réparation de chaussures et d'articles en cuir)

Compare SERRURERIE CORDONNERIE GAMBETTA with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation de chaussures et d'articles en cuir

Frequently asked questions about SERRURERIE CORDONNERIE GAMBETTA

What is the revenue of SERRURERIE CORDONNERIE GAMBETTA ?

The revenue of SERRURERIE CORDONNERIE GAMBETTA in 2024 is 402 k€.

Is SERRURERIE CORDONNERIE GAMBETTA profitable?

Yes, SERRURERIE CORDONNERIE GAMBETTA generated a net profit of 7 k€ in 2024.

Where is the headquarters of SERRURERIE CORDONNERIE GAMBETTA ?

The headquarters of SERRURERIE CORDONNERIE GAMBETTA is located in CANNES (06400), in the department Alpes-Maritimes.

Where to find the tax return of SERRURERIE CORDONNERIE GAMBETTA ?

The tax return of SERRURERIE CORDONNERIE GAMBETTA 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 CORDONNERIE GAMBETTA operate?

SERRURERIE CORDONNERIE GAMBETTA operates in the sector Réparation de chaussures et d'articles en cuir (NAF code 95.23Z). See the 'Sector positioning' section above to compare the company with its competitors.