SOCIETE ARGENTONNAISE D'AMEUBLEMENT : revenue, balance sheet and financial ratios

SOCIETE ARGENTONNAISE D'AMEUBLEMENT is a French company founded 28 years ago, specialized in the sector Fabrication de charpentes et d'autres menuiseries. Based in VAL EN VIGNES (79290), this company of category ETI shows in 2024 a revenue of 7.7 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 ARGENTONNAISE D'AMEUBLEMENT (SIREN 412550584)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 7 660 335 € 7 932 231 € 7 605 045 € 7 533 785 € 5 810 051 € 6 191 617 € 5 709 573 € 4 880 258 € 4 239 271 €
Net income -259 479 € -262 611 € 408 952 € 524 200 € 343 154 € 162 714 € -79 244 € -107 417 € -13 027 €
EBITDA 236 291 € 127 334 € 942 452 € 1 106 976 € 672 222 € 326 604 € 45 413 € 8 400 € 95 850 €
Net margin -3.4% -3.3% 5.4% 7.0% 5.9% 2.6% -1.4% -2.2% -0.3%

Revenue and income statement

In 2024, SOCIETE ARGENTONNAISE D'AMEUBLEMENT achieves revenue of 7.7 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.7%. Slight decline of -3% vs 2023. After deducting consumption (2.2 M€), gross margin stands at 5.5 M€, i.e. a rate of 71%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 236 k€, representing 3.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -259 k€ (-3.4% 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

7 660 335 €

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

5 455 710 €

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

236 291 €

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

-118 767 €

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

-259 479 €

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

3.1%

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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 692%. 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 11%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 252.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

692.374%

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

10.583%

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

0.539%

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

252.525

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

76.5%

Solvency indicators evolution
SOCIETE ARGENTONNAISE D'AMEUBLEMENT

Sector positioning

Debt ratio
692.37 2024
2022
2023
2024
Q1: 6.19
Med: 29.84
Q3: 76.17
Watch +6 pts over 3 years

In 2024, the debt ratio of SOCIETE ARGENTONNAISE D'A... (692.37) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
10.58% 2024
2022
2023
2024
Q1: 21.31%
Med: 42.73%
Q3: 62.73%
Watch -16 pts over 3 years

In 2024, the financial autonomy of SOCIETE ARGENTONNAISE D'A... (10.6%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
252.53 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.61 years
Q3: 2.74 years
Watch +23 pts over 3 years

In 2024, the repayment capacity of SOCIETE ARGENTONNAISE D'A... (252.53) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 197.16. 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 88.6x. Operating income very largely covers interest expenses: high safety margin.

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

197.164

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

88.612

Liquidity indicators evolution
SOCIETE ARGENTONNAISE D'AMEUBLEMENT

Sector positioning

Liquidity ratio
197.16 2024
2022
2023
2024
Q1: 156.87
Med: 231.58
Q3: 364.94
Average -11 pts over 3 years

In 2024, the liquidity ratio of SOCIETE ARGENTONNAISE D'A... (197.16) 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
88.61x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.18x
Q3: 6.78x
Excellent +5 pts over 3 years

In 2024, the interest coverage of SOCIETE ARGENTONNAISE D'A... (88.6x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 66 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 38 days. The company must finance 28 days of gap between collections and payments. Inventory turnover is 83 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 100 days of revenue, i.e. 2.1 M€ to permanently finance. Over 2016-2024, WCR increased by +75%, requiring additional financing.

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

2 127 811 €

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

66 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

38 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

83 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

100 j

WCR and payment terms evolution
SOCIETE ARGENTONNAISE D'AMEUBLEMENT

Positioning of SOCIETE ARGENTONNAISE D'AMEUBLEMENT in its sector

Comparison with sector Fabrication de charpentes et d'autres menuiseries

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (44 transactions). This range of 343 226€ to 1 311 875€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
343k€ 649k€ 1311k€
649 544 € Range: 343 226€ - 1 311 875€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 44 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 charpentes et d'autres menuiseries)

Compare SOCIETE ARGENTONNAISE D'AMEUBLEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de charpentes et d'autres menuiseries

Frequently asked questions about SOCIETE ARGENTONNAISE D'AMEUBLEMENT

What is the revenue of SOCIETE ARGENTONNAISE D'AMEUBLEMENT ?

The revenue of SOCIETE ARGENTONNAISE D'AMEUBLEMENT in 2024 is 7.7 M€.

Is SOCIETE ARGENTONNAISE D'AMEUBLEMENT profitable?

SOCIETE ARGENTONNAISE D'AMEUBLEMENT recorded a net loss in 2024.

Where is the headquarters of SOCIETE ARGENTONNAISE D'AMEUBLEMENT ?

The headquarters of SOCIETE ARGENTONNAISE D'AMEUBLEMENT is located in VAL EN VIGNES (79290), in the department Deux-Sevres.

Where to find the tax return of SOCIETE ARGENTONNAISE D'AMEUBLEMENT ?

The tax return of SOCIETE ARGENTONNAISE D'AMEUBLEMENT 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 ARGENTONNAISE D'AMEUBLEMENT operate?

SOCIETE ARGENTONNAISE D'AMEUBLEMENT operates in the sector Fabrication de charpentes et d'autres menuiseries (NAF code 16.23Z). See the 'Sector positioning' section above to compare the company with its competitors.