SOCIETE APPLICATION DES GAZ : revenue, balance sheet and financial ratios

SOCIETE APPLICATION DES GAZ is a French company founded 69 years ago, specialized in the sector Fabrication d'autres réservoirs, citernes et conteneurs métalliques. Based in SAINT-GENIS-LAVAL (69230), this company of category ETI shows in 2024 a revenue of 100.7 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 - SOCIETE APPLICATION DES GAZ (SIREN 572051571)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 100 681 211 € 126 249 560 € 158 958 603 € 147 099 928 € 114 467 879 € 121 924 259 € 125 595 114 € 126 268 150 € 125 966 992 €
Net income -16 341 339 € -4 517 305 € -3 091 111 € 893 525 € -1 372 262 € -183 873 € 6 563 984 € 27 101 573 € 5 194 534 €
EBITDA -11 753 610 € 1 454 876 € 1 728 193 € 4 274 534 € 1 370 194 € 1 736 630 € 10 327 349 € 8 496 419 € 8 745 272 €
Net margin -16.2% -3.6% -1.9% 0.6% -1.2% -0.2% 5.2% 21.5% 4.1%

Revenue and income statement

In 2024, SOCIETE APPLICATION DES GAZ achieves revenue of 100.7 M€. Activity remains stable over the period (CAGR: -2.8%). Significant drop of -20% vs 2023. After deducting consumption (56.6 M€), gross margin stands at 44.1 M€, i.e. a rate of 44%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -11.8 M€, representing -11.7% of revenue. Warning negative scissor effect: despite revenue change (-20%), EBITDA varies by -908%, reducing margin by 12.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -16.3 M€ (-16.2% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

100 681 211 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

44 090 973 €

EBITDA (2024) ?
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

-11 753 610 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-18 269 088 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-16 341 339 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-11.7%

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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 7%. 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 66%. 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

7.289%

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

65.821%

Cash flow / Revenue (2024) ?
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

-12.599%

Repayment capacity (2024) ?
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

-0.505

Asset age ratio (2024) ?
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

25.0%

Solvency indicators evolution
SOCIETE APPLICATION DES GAZ

Sector positioning

Debt ratio
7.29 2024
2022
2023
2024
Q1: 3.56
Med: 15.62
Q3: 47.97
Good +6 pts over 3 years

In 2024, the debt ratio of SOCIETE APPLICATION DES GAZ (7.29) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
65.82% 2024
2022
2023
2024
Q1: 22.67%
Med: 39.91%
Q3: 59.89%
Excellent

In 2024, the financial autonomy of SOCIETE APPLICATION DES GAZ (65.8%) 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
-0.51 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.34 years
Q3: 1.98 years
Excellent

In 2024, the repayment capacity of SOCIETE APPLICATION DES GAZ (-0.51) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 182.59. 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

182.591

Interest coverage (2024) ?
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

-5.013

Liquidity indicators evolution
SOCIETE APPLICATION DES GAZ

Sector positioning

Liquidity ratio
182.59 2024
2022
2023
2024
Q1: 163.11
Med: 251.26
Q3: 367.5
Average -40 pts over 3 years

In 2024, the liquidity ratio of SOCIETE APPLICATION DES GAZ (182.59) 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.

Interest coverage
-5.01x 2024
2022
2023
2024
Q1: 0.06x
Med: 1.34x
Q3: 7.4x
Watch -73 pts over 3 years

In 2024, the interest coverage of SOCIETE APPLICATION DES GAZ (-5.0x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 24 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 52 days. Favorable situation: supplier credit is longer than customer credit by 28 days. Inventory turnover is 128 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 82 days of revenue, i.e. 22.8 M€ to permanently finance. Notable WCR improvement over the period (-71%), freeing up cash.

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

22 831 478 €

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

24 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

52 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

128 j

WCR in days of revenue (2024) ?
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

82 j

WCR and payment terms evolution
SOCIETE APPLICATION DES GAZ

Positioning of SOCIETE APPLICATION DES GAZ in its sector

Comparison with sector Fabrication d'autres réservoirs, citernes et conteneurs métalliques

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of SOCIETE APPLICATION DES GAZ is estimated at 18 598 870 € (range 10 726 187€ - 34 978 245€). 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.

Estimated enterprise value 2024
276 transactions
10726k€ 18598k€ 34978k€
18 598 870 € Range: 10 726 187€ - 34 978 245€
Section all-time Aggregated at NAF section level

Valuation method used

Revenue Multiple
100 681 211 € × 0.18x = 18 598 870 €
Range: 10 726 187€ - 34 978 245€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 276 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 d'autres réservoirs, citernes et conteneurs métalliques)

Compare SOCIETE APPLICATION DES GAZ with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres réservoirs, citernes et conteneurs métalliques

Frequently asked questions about SOCIETE APPLICATION DES GAZ

What is the revenue of SOCIETE APPLICATION DES GAZ ?

The revenue of SOCIETE APPLICATION DES GAZ in 2024 is 100.7 M€.

Is SOCIETE APPLICATION DES GAZ profitable?

SOCIETE APPLICATION DES GAZ recorded a net loss in 2024.

Where is the headquarters of SOCIETE APPLICATION DES GAZ ?

The headquarters of SOCIETE APPLICATION DES GAZ is located in SAINT-GENIS-LAVAL (69230), in the department Rhone.

Where to find the tax return of SOCIETE APPLICATION DES GAZ ?

The tax return of SOCIETE APPLICATION DES GAZ 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 SOCIETE APPLICATION DES GAZ operate?

SOCIETE APPLICATION DES GAZ operates in the sector Fabrication d'autres réservoirs, citernes et conteneurs métalliques (NAF code 25.29Z). See the 'Sector positioning' section above to compare the company with its competitors.