SERVICE NORD EST : revenue, balance sheet and financial ratios

SERVICE NORD EST is a French company founded 53 years ago, specialized in the sector Tierce maintenance de systèmes et d’applications informatiques. Based in METZ (57050), this company of category ETI shows in 2023 a revenue of 277 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 - SERVICE NORD EST (SIREN 300685948)
Indicator 2023 2022 2021 2020 2019 2017 2016
Revenue 276 648 € 293 501 € 221 474 € 139 538 € 127 920 € 180 027 € 205 077 €
Net income 48 365 € 129 799 € 49 625 € 77 530 € 37 315 € 62 873 € 74 675 €
EBITDA 91 912 € 182 355 € 145 106 € 110 278 € 52 865 € 84 130 € 107 181 €
Net margin 17.5% 44.2% 22.4% 55.6% 29.2% 34.9% 36.4%

Revenue and income statement

In 2023, SERVICE NORD EST achieves revenue of 277 k€. Revenue is growing positively over 7 years (CAGR: +4.4%). Slight decline of -6% vs 2022. After deducting consumption (11 k€), gross margin stands at 266 k€, i.e. a rate of 96%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 92 k€, representing 33.2% of revenue. Warning negative scissor effect: despite revenue change (-6%), EBITDA varies by -50%, reducing margin by 28.9 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 48 k€, i.e. 17.5% 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

276 648 €

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

265 786 €

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

91 912 €

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

91 904 €

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

48 365 €

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

33.2%

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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 227%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 11.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 17.5% 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 (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

227.467%

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

23.662%

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

17.483%

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

11.15

Solvency indicators evolution
SERVICE NORD EST

Sector positioning

Debt ratio
227.47 2023
2021
2022
2023
Q1: 0.01
Med: 7.48
Q3: 35.71
Watch

In 2023, the debt ratio of SERVICE NORD EST (227.47) 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
23.66% 2023
2021
2022
2023
Q1: 8.81%
Med: 37.54%
Q3: 61.24%
Average +13 pts over 3 years

In 2023, the financial autonomy of SERVICE NORD EST (23.7%) 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
11.15 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.51 years
Watch

In 2023, the repayment capacity of SERVICE NORD EST (11.15) 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 444.17. 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 29.7x. 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

444.172

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

29.709

Liquidity indicators evolution
SERVICE NORD EST

Sector positioning

Liquidity ratio
444.17 2023
2021
2022
2023
Q1: 148.7
Med: 244.94
Q3: 401.64
Excellent

In 2023, the liquidity ratio of SERVICE NORD EST (444.17) 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
29.71x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.4x
Excellent

In 2023, the interest coverage of SERVICE NORD EST (29.7x) 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: 1069 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 138 days. The gap of 931 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 1006 days of revenue, i.e. 773 k€ to permanently finance. Over 2016-2023, WCR increased by +283%, 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

772 800 €

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

1069 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

138 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

0 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

1006 j

WCR and payment terms evolution
SERVICE NORD EST

Positioning of SERVICE NORD EST in its sector

Comparison with sector Tierce maintenance de systèmes et d’applications informatiques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (45 transactions). This range of 15 604€ to 66 321€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
15k€ 32k€ 66k€
32 128 € Range: 15 604€ - 66 321€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 45 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 (Tierce maintenance de systèmes et d’applications informatiques)

Compare SERVICE NORD EST with other companies in the same sector:

Voir toutes les statistiques du secteur Tierce maintenance de systèmes et d’applications informatiques

Frequently asked questions about SERVICE NORD EST

What is the revenue of SERVICE NORD EST ?

The revenue of SERVICE NORD EST in 2023 is 277 k€.

Is SERVICE NORD EST profitable?

Yes, SERVICE NORD EST generated a net profit of 48 k€ in 2023.

Where is the headquarters of SERVICE NORD EST ?

The headquarters of SERVICE NORD EST is located in METZ (57050), in the department Moselle.

Where to find the tax return of SERVICE NORD EST ?

The tax return of SERVICE NORD EST 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 SERVICE NORD EST operate?

SERVICE NORD EST operates in the sector Tierce maintenance de systèmes et d’applications informatiques (NAF code 62.02B). See the 'Sector positioning' section above to compare the company with its competitors.