Employees: 03 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1985-11-04 (40 years)Status: ActiveBusiness sector: Activités des agences de travail temporaire Location: SARRE-UNION (67260), Bas-Rhin
SETIM SERVICES : revenue, balance sheet and financial ratios
SETIM SERVICES is a French company
founded 40 years ago,
specialized in the sector Activités des agences de travail temporaire .
Based in SARRE-UNION (67260),
this company of category PME
shows in 2018 a revenue of 9.1 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - SETIM SERVICES (SIREN 334067980)
Indicator
2024
2023
2021
2020
2019
2018
2017
2016
Revenue
N/C
N/C
N/C
N/C
N/C
9 059 053 €
N/C
7 154 425 €
Net income
153 083 €
55 766 €
29 986 €
57 157 €
176 730 €
173 668 €
119 220 €
86 116 €
EBITDA
N/C
N/C
N/C
N/C
N/C
241 755 €
N/C
177 135 €
Net margin
N/C
N/C
N/C
N/C
N/C
1.9%
N/C
1.2%
Revenue and income statement
In 2024, SETIM SERVICES generates positive net income of 153 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 86 k€ -> 153 k€.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
153 083 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 23%. 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 46%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
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
23.123%
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
46.119%
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Debt ratio
71.889
47.396
27.68
0.864
0.542
79.088
41.66
23.123
Financial autonomy
12.099
17.601
23.713
35.857
40.933
28.158
37.839
46.119
Repayment capacity
1.32
None
0.613
None
None
None
None
None
Cash flow / Revenue
1.374%
None%
2.038%
None%
None%
None%
None%
None%
Sector positioning
Debt ratio
23.122024
2021
2023
2024
Q1: 0.0
Med: 2.73
Q3: 26.78
Average
In 2024, the debt ratio of SETIM SERVICES (23.12) 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
46.12%2024
2021
2023
2024
Q1: 11.73%
Med: 25.56%
Q3: 44.76%
Excellent+26 pts over 3 years
In 2024, the financial autonomy of SETIM SERVICES (46.1%) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 198.57. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
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
198.575
Liquidity indicators evolution SETIM SERVICES
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Liquidity ratio
109.461
114.693
126.153
134.793
145.356
181.299
185.557
198.575
Interest coverage
17.151
None
12.533
None
None
None
None
None
Sector positioning
Liquidity ratio
198.572024
2021
2023
2024
Q1: 111.16
Med: 138.5
Q3: 192.32
Excellent+14 pts over 3 years
In 2024, the liquidity ratio of SETIM SERVICES (198.57) 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.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
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
0 €
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
0 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 and payment terms evolution SETIM SERVICES
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Operating WCR
186 587 €
0 €
274 942 €
0 €
0 €
0 €
0 €
0 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
Customer payment term (days)
57
0
51
0
0
0
0
0
Supplier payment term (days)
12
0
12
0
0
0
0
0
Positioning of SETIM SERVICES in its sector
Comparison with sector Activités des agences de travail temporaire
Valuation estimate
Based on 135 transactions of similar company sales
(all years),
the value of SETIM SERVICES is estimated at
283 038 €
(range 142 208€ - 737 312€).
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 value2024
135 transactions
142k€283k€737k€
283 038 €Range: 142 208€ - 737 312€
NAF 5 all-time
Valuation method used
Net Income Multiple
153 083 €
×
1.8x
=283 039 €
Range: 142 208€ - 737 313€
Only this financial indicator is available for this company.
How is this estimate calculated?
This estimate is based on the analysis of 135 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 (Activités des agences de travail temporaire )
Compare SETIM SERVICES with other companies in the same sector:
Yes, SETIM SERVICES generated a net profit of 153 k€ in 2024.
Where is the headquarters of SETIM SERVICES ?
The headquarters of SETIM SERVICES is located in SARRE-UNION (67260), in the department Bas-Rhin.
Where to find the tax return of SETIM SERVICES ?
The tax return of SETIM SERVICES 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 SETIM SERVICES operate?
SETIM SERVICES operates in the sector Activités des agences de travail temporaire (NAF code 78.20Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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