SIREN : 414354894
SNIG is a French company founded 28 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in PIERRELATTE (26700), this company of category PME shows in 2023 a revenue of 4.4 M€. 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 440 177 € | 4 800 193 € | 4 786 395 € | 6 378 574 € | 6 279 881 € | 5 341 268 € | 4 816 986 € | 4 486 328 € |
| Net income | 5 076 € | -88 365 € | 88 793 € | 249 631 € | 396 927 € | 461 265 € | 368 340 € | 356 118 € |
| EBITDA | -580 815 € | -160 622 € | 122 530 € | 847 063 € | 544 699 € | 693 956 € | 602 851 € | 487 991 € |
| Net margin | 0.1% | -1.8% | 1.9% | 3.9% | 6.3% | 8.6% | 7.6% | 7.9% |
In 2023, SNIG achieves revenue of 4.4 M€. Activity remains stable over the period (CAGR: -0.1%). Slight decline of -8% vs 2022. After deducting consumption (611 k€), gross margin stands at 3.8 M€, i.e. a rate of 86%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -581 k€, representing -13.1% of revenue. Warning negative scissor effect: despite revenue change (-8%), EBITDA varies by -262%, reducing margin by 9.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 5 k€, i.e. 0.1% of revenue. This profit can be retained or distributed to shareholders.
4 440 177 €
3 828 773 €
-580 815 €
-638 006 €
5 076 €
-13.1%
The debt ratio (= Financial debt / Equity x 100) stands at 71%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 28%. 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 0.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
70.975%
28.129%
0.874%
11.177
20.5%
In 2023, the debt ratio of SNIG (70.97) 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 2023, the financial autonomy of SNIG (28.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2023, the repayment capacity of SNIG (11.18) 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 191.78. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
191.783
-2.554
In 2023, the liquidity ratio of SNIG (191.78) 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 2023, the interest coverage of SNIG (-2.5x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 85 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 42 days. The gap of 43 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 46 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 98 days of revenue, i.e. 1.2 M€ to permanently finance. Over 2016-2023, WCR increased by +65%, requiring additional financing.
1 210 925 €
85 j
42 j
46 j
98 j
Based on 98 transactions of similar company sales
(all years),
the value of SNIG is estimated at
486 320 €
(range 210 830€ - 750 533€).
The price/revenue ratio is 0.18x
(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.
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This estimate is based on the analysis of 98 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 SNIG with other companies in the same sector:
The revenue of SNIG in 2023 is 4.4 M€.
Yes, SNIG generated a net profit of 5 k€ in 2023.
The headquarters of SNIG is located in PIERRELATTE (26700), in the department Drome.
The tax return of SNIG 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).
SNIG operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.