SIREN : 489749176
SHELLAC SUD is a French company founded 20 years ago, specialized in the sector Production de films pour le cinéma. Based in MARSEILLE (13003), this company of category PME shows in 2022 a revenue of 178 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
| Indicator | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 177 815 € | 409 536 € | 238 735 € | 503 303 € | 358 842 € | 813 444 € |
| Net income | -19 607 € | 137 044 € | -81 910 € | -4 898 € | -129 145 € | 70 312 € |
| EBITDA | 112 534 € | 401 840 € | -231 702 € | 321 266 € | 56 521 € | 425 899 € |
| Net margin | -11.0% | 33.5% | -34.3% | -1.0% | -36.0% | 8.6% |
In 2022, SHELLAC SUD achieves revenue of 178 k€. Revenue is declining over the period 2016-2022 (CAGR: -22.4%). Significant drop of -57% vs 2020. After deducting consumption (5 k€), gross margin stands at 173 k€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 113 k€, representing 63.3% of revenue. Warning negative scissor effect: despite revenue change (-57%), EBITDA varies by -72%, reducing margin by 34.8 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -20 k€ (-11.0% of revenue), which will impact equity.
177 815 €
172 940 €
112 534 €
-445 026 €
-19 607 €
62.6%
The debt ratio (= Financial debt / Equity x 100) stands at 106%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 32%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.8 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 81.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
105.925%
31.826%
81.799%
3.755
In 2022, the debt ratio of SHELLAC SUD (105.92) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2022, the financial autonomy of SHELLAC SUD (31.8%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2022, the repayment capacity of SHELLAC SUD (3.75) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 92.82. 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 4.4x. Financial charges are adequately covered by operations.
92.82
4.4
In 2022, the liquidity ratio of SHELLAC SUD (92.82) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2022, the interest coverage of SHELLAC SUD (4.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 630 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 295 days. The gap of 335 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 1009 days of revenue, i.e. 498 k€ to permanently finance. Notable WCR improvement over the period (-61%), freeing up cash.
498 417 €
630 j
295 j
0 j
1009 j
Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 20 528€ to 262 158€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 28 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare SHELLAC SUD with other companies in the same sector:
Voir toutes les statistiques du secteur Production de films pour le cinéma
The revenue of SHELLAC SUD in 2022 is 178 k€.
SHELLAC SUD recorded a net loss in 2022.
The headquarters of SHELLAC SUD is located in MARSEILLE (13003), in the department Bouches-du-Rhone.
The tax return of SHELLAC SUD 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).
SHELLAC SUD operates in the sector Production de films pour le cinéma (NAF code 59.11C). See the 'Sector positioning' section above to compare the company with its competitors.