SN THAIS : revenue, balance sheet and financial ratios

SN THAIS is a French company founded 10 years ago, specialized in the sector Fabrication de portes et fenêtres en métal. Based in AYGUEMORTE-LES-GRAVES (33640), this company of category PME shows in 2020 a revenue of 81 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 - SN THAIS (SIREN 817607583)
Indicator 2020 2019 2018 2017 2016
Revenue 80 532 € 87 719 € 124 514 € 133 676 € 125 216 €
Net income 3 820 € -15 695 € -22 822 € 1 545 € 3 450 €
EBITDA 6 549 € -9 285 € 8 141 € 4 369 € 18 647 €
Net margin 4.7% -17.9% -18.3% 1.2% 2.8%

Revenue and income statement

En 2020, SN THAIS alcanza unos ingresos de 81 k€. Los ingresos disminuyen en el período 2016-2020 (TCAC: -10.4%). Ligera caída de -8% vs 2019. Tras deducir el consumo (19 k€), el margen bruto se sitúa en 62 k€, es decir, una tasa del 77%. El EBITDA alcanza 7 k€, representando el 8.1% de los ingresos. Efecto tijera positivo: el margen EBITDA mejora en +18.7 puntos. Este nivel de margen operativo es satisfactorio para el sector. El resultado neto asciende a 4 k€, es decir, el 4.7% de los ingresos.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

80 532 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

62 025 €

EBITDA (2020) ?
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

6 549 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

4 959 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

3 820 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

8.0%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

El ratio de endeudamiento (= Deuda financiera / Fondos propios x 100) se sitúa en 12729%. Situación crítica: la deuda supera significativamente los fondos propios. La autonomía financiera (= Fondos propios / Total activo x 100) alcanza el 45%. Esta alta autonomía significa que la empresa financia la mayoría de sus activos con fondos propios. La capacidad de reembolso indica que se necesitarían 3.4 años de flujo de caja. Este ratio permanece dentro de los estándares bancarios habituales. El flujo de caja representa el 9.3% de los ingresos. Nivel satisfactorio que permite financiar parcialmente el crecimiento.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

12728.956%

Financial autonomy (2020) ?
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

44.792%

Cash flow / Revenue (2020) ?
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

9.338%

Repayment capacity (2020) ?
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

3.429

Asset age ratio (2020) ?
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

14.9%

Solvency indicators evolution
SN THAIS

Sector positioning

Ratio de endeudamiento
12728.96 2020
2018
2019
2020
Q1: 6.19
Med: 37.69
Q3: 94.89
Vigilar +23 pts over 3 years

En 2020, el ratio de endeudamiento de SN THAIS (12728.96) se sitúa en el top 25% del sector. Este ratio mide el peso de la deuda en relación con el patrimonio. Un ratio alto puede indicar dependencia excesiva de financiación externa.

Autonomía financiera
44.79% 2020
2018
2019
2020
Q1: 19.81%
Med: 38.42%
Q3: 55.98%
Bueno -16 pts over 3 years

En 2020, el autonomía financiera de SN THAIS (44.8%) se sitúa por encima de la mediana del sector. Este ratio representa la parte del patrimonio en la financiación total. Esta posición cómoda ofrece un margen de seguridad apreciable.

Capacidad de reembolso
3.43 ans 2020
2018
2019
2020
Q1: 0.0 ans
Med: 0.68 ans
Q3: 3.55 ans
Average +72 pts over 3 years

En 2020, el capacidad de reembolso de SN THAIS (3.4 ans) se sitúa por encima de la mediana del sector. Este ratio indica el número de años necesarios para pagar la deuda con flujo de caja. Un esfuerzo de reducción podría mejorar la solidez financiera.

Liquidity ratios

El ratio de liquidez se sitúa en 84.34. La empresa tiene 2€ de activos líquidos por cada 1€ de deuda a corto plazo. El ratio de cobertura de intereses (= EBIT / Gastos financieros) es de 16.8x. El resultado de explotación cubre muy ampliamente los gastos financieros.

Liquidity ratio (2020) ?
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

84.34

Interest coverage (2020) ?
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

16.812

Liquidity indicators evolution
SN THAIS

Sector positioning

Ratio de liquidez
84.34 2020
2018
2019
2020
Q1: 169.74
Med: 232.25
Q3: 330.35
Vigilar -25 pts over 3 years

En 2020, el ratio de liquidez de SN THAIS (84.34) se sitúa en el 25% más bajo del sector. Este ratio mide la capacidad de cubrir deuda a corto plazo con activos corrientes. Un ratio inferior a 1 puede señalar tensiones potenciales de flujo de caja.

Cobertura de intereses
16.81x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.82x
Q3: 4.71x
Excelente

En 2020, el cobertura de intereses de SN THAIS (16.8x) se sitúa en el top 25% del sector. Este ratio indica cuántas veces el resultado operativo cubre los gastos de intereses. Alta cobertura significa que los gastos financieros pesan poco en la rentabilidad.

Working capital requirement (WCR) and payment terms

El fondo de maniobra operativo (FM) mide el desfase temporal de tesorería. Plazo medio de cobro a clientes: 113 días. Plazo proveedores: 108 días. La empresa debe financiar 5 días de desfase. La rotación de existencias es de 10 días. Rotación rápida, señal de buena gestión de existencias. El FM es negativo (-77 días): las operaciones generan estructuralmente tesorería. Notable mejora del FM durante el período (-187%), liberando tesorería.

Operating WCR (2020) ?
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

-17 178 €

Customer credit (2020) ?
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

113 j

Supplier credit (2020) ?
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

108 j

Inventory turnover (2020) ?
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

10 j

WCR in days of revenue (2020) ?
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

-77 j

WCR and payment terms evolution
SN THAIS

Positioning of SN THAIS in its sector

Comparison with sector Fabrication de portes et fenêtres en métal

Valuation estimate

Based on 75 transactions of similar company sales (all years), the value of SN THAIS is estimated at 9 882 € (range 4 994€ - 18 793€). With an EBITDA of 6 549€, the sector multiple of 1.2x is applied. The price/revenue ratio is 0.16x (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 2020
75 tx
4k€ 9k€ 18k€
9 882 € Range: 4 994€ - 18 793€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
6 549 € × 1.2x
Estimation 8 180 €
4 437€ - 17 038€
Revenue Multiple 30%
80 532 € × 0.16x
Estimation 12 538 €
5 709€ - 18 235€
Net Income Multiple 20%
3 820 € × 2.7x
Estimation 10 159 €
5 319€ - 24 022€
How is this estimate calculated?

This estimate is based on the analysis of 75 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 (Fabrication de portes et fenêtres en métal)

Compare SN THAIS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de portes et fenêtres en métal

Frequently asked questions about SN THAIS

What is the revenue of SN THAIS ?

The revenue of SN THAIS in 2020 is 81 k€.

Is SN THAIS profitable?

Yes, SN THAIS generated a net profit of 4 k€ in 2020.

Where is the headquarters of SN THAIS ?

The headquarters of SN THAIS is located in AYGUEMORTE-LES-GRAVES (33640), in the department Gironde.

Where to find the tax return of SN THAIS ?

The tax return of SN THAIS 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 SN THAIS operate?

SN THAIS operates in the sector Fabrication de portes et fenêtres en métal (NAF code 25.12Z). See the 'Sector positioning' section above to compare the company with its competitors.