SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER : revenue, balance sheet and financial ratios

SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER is a French company founded 55 years ago, specialized in the sector Crédit-bail . Based in STRASBOURG (67000), this company of category ETI shows in 2023 a revenue of 55.7 M€. 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 - SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER (SIREN 718504004)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 55 733 782 € 52 487 534 € 52 584 722 € 55 355 752 € 58 176 917 € 61 186 578 € 59 413 464 € 64 390 232 €
Net income 3 312 065 € 1 952 266 € 1 957 357 € 1 402 659 € 1 229 622 € 1 222 084 € 2 024 536 € 1 987 761 €
EBITDA 46 769 246 € 43 328 124 € 43 477 868 € 43 779 485 € 46 743 981 € 49 613 485 € 48 293 936 € 53 490 665 €
Net margin 5.9% 3.7% 3.7% 2.5% 2.1% 2.0% 3.4% 3.1%

Revenue and income statement

In 2023, SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER achieves revenue of 55.7 M€. Activity remains stable over the period (CAGR: -2.0%). Vs 2022: +6%. After deducting consumption (0 €), gross margin stands at 55.7 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 46.8 M€, representing 83.9% of 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 3.3 M€, i.e. 5.9% 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

55 733 782 €

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

55 733 782 €

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

46 769 246 €

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

11 451 824 €

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

3 312 065 €

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

83.9%

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Chart evolution

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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 1129%. 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 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 9.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. 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.

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

1129.209%

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

7.892%

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

81.782%

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

9.154

Asset age ratio (2023) ?
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

53.5%

Solvency indicators evolution
SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER

Sector positioning

Debt ratio
1129.21 2023
2021
2022
2023
Q1: -702.98
Med: -100.57
Q3: 0.0
Average

In 2023, the debt ratio of SOC ALSACIENNE DE CREDIT ... (1129.21) 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
7.89% 2023
2021
2022
2023
Q1: -168.76%
Med: -10.13%
Q3: 7.89%
Excellent

In 2023, the financial autonomy of SOC ALSACIENNE DE CREDIT ... (7.9%) 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.

Repayment capacity
9.15 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 2.26 years
Q3: 17.61 years
Average

In 2023, the repayment capacity of SOC ALSACIENNE DE CREDIT ... (9.15) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 920.70. 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 19.1x. 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

920.697

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

19.05

Liquidity indicators evolution
SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER

Sector positioning

Liquidity ratio
920.7 2023
2021
2022
2023
Q1: 46.68
Med: 469.24
Q3: 2912.47
Good +10 pts over 3 years

In 2023, the liquidity ratio of SOC ALSACIENNE DE CREDIT ... (920.70) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
19.05x 2023
2021
2022
2023
Q1: 0.0x
Med: 7.46x
Q3: 52.82x
Good

In 2023, the interest coverage of SOC ALSACIENNE DE CREDIT ... (19.1x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 42 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 41 days. The company must finance 1 days of gap between collections and payments. WCR is negative (-1 days): operations structurally generate cash. Over 2016-2023, WCR increased by +99%, 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

-113 140 €

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

42 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

41 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

-1 j

WCR and payment terms evolution
SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER

Positioning of SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER in its sector

Comparison with sector Crédit-bail

Valuation estimate

Based on 142 transactions of similar company sales (all years), the value of SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER is estimated at 74 935 228 € (range 8 381 624€ - 135 347 005€). With an EBITDA of 46 769 246€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.40x (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.

Estimated enterprise value 2023
142 transactions
8381k€ 74935k€ 135347k€
74 935 228 € Range: 8 381 624€ - 135 347 005€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

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EBITDA Multiple 50%
46 769 246 € × 2.6x
Estimation 123 703 185 €
12 567 081€ - 216 813 368€
Revenue Multiple 30%
55 733 782 € × 0.40x
Estimation 22 554 377 €
6 133 642€ - 46 383 841€
Net Income Multiple 20%
3 312 065 € × 9.5x
Estimation 31 586 614 €
1 289 954€ - 65 125 843€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 142 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 (Crédit-bail )

Compare SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER with other companies in the same sector:

Voir toutes les statistiques du secteur Crédit-bail

Frequently asked questions about SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER

What is the revenue of SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER ?

The revenue of SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER in 2023 is 55.7 M€.

Is SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER profitable?

Yes, SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER generated a net profit of 3.3 M€ in 2023.

Where is the headquarters of SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER ?

The headquarters of SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER is located in STRASBOURG (67000), in the department Bas-Rhin.

Where to find the tax return of SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER ?

The tax return of SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER 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 SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER operate?

SOC ALSACIENNE DE CREDIT BAIL IMMOBILIER operates in the sector Crédit-bail (NAF code 64.91Z). See the 'Sector positioning' section above to compare the company with its competitors.