SOCIETE AZUREENNE DE MATERIAUX ENROBES : revenue, balance sheet and financial ratios

SOCIETE AZUREENNE DE MATERIAUX ENROBES is a French company founded 56 years ago, specialized in the sector Récupération de déchets triés. Based in CARROS (06510), this company of category PME shows in 2024 a revenue of 732 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 - SOCIETE AZUREENNE DE MATERIAUX ENROBES (SIREN 970800066)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 732 418 € 686 288 € 768 003 € 554 230 € 615 342 € 900 647 € 713 187 € 355 194 € 1 115 745 €
Net income -69 401 € -305 928 € -16 534 € -28 560 € 8 904 € 106 888 € -68 904 € -243 550 € 633 831 €
EBITDA -169 400 € -161 943 € -122 363 € -92 747 € -69 295 € 46 851 € -153 209 € 1 067 240 € -4 576 393 €
Net margin -9.5% -44.6% -2.2% -5.2% 1.4% 11.9% -9.7% -68.6% 56.8%

Revenue and income statement

In 2024, SOCIETE AZUREENNE DE MATERIAUX ENROBES achieves revenue of 732 k€. Revenue is declining over the period 2016-2024 (CAGR: -5.1%). Vs 2023: +7%. After deducting consumption (203 k€), gross margin stands at 529 k€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -169 k€, representing -23.1% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -69 k€ (-9.5% 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

732 418 €

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

529 262 €

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

-169 400 €

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

-69 401 €

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

-69 401 €

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

-23.1%

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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 -46%. 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 -12%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-46.306%

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

-12.042%

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

-23.129%

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

-0.169

Solvency indicators evolution
SOCIETE AZUREENNE DE MATERIAUX ENROBES

Sector positioning

Debt ratio
-46.31 2024
2022
2023
2024
Q1: 0.9
Med: 20.2
Q3: 81.52
Excellent +6 pts over 3 years

In 2024, the debt ratio of SOCIETE AZUREENNE DE MATE... (-46.31) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-12.04% 2024
2022
2023
2024
Q1: 19.47%
Med: 41.89%
Q3: 64.94%
Average

In 2024, the financial autonomy of SOCIETE AZUREENNE DE MATE... (-12.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-0.17 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.38 years
Q3: 2.64 years
Excellent

In 2024, the repayment capacity of SOCIETE AZUREENNE DE MATE... (-0.17) 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 198.47. 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

198.469

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

0.0

Liquidity indicators evolution
SOCIETE AZUREENNE DE MATERIAUX ENROBES

Sector positioning

Liquidity ratio
198.47 2024
2022
2023
2024
Q1: 132.55
Med: 203.13
Q3: 363.17
Average -26 pts over 3 years

In 2024, the liquidity ratio of SOCIETE AZUREENNE DE MATE... (198.47) 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
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.95x
Q3: 7.43x
Average

In 2024, the interest coverage of SOCIETE AZUREENNE DE MATE... (0.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 50 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 90 days. Excellent situation: suppliers finance 40 days of the operating cycle (retail model). Inventory turnover is 91 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 152 days of revenue, i.e. 310 k€ to permanently finance. Notable WCR improvement over the period (-85%), 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

310 135 €

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

50 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

90 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

91 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

152 j

WCR and payment terms evolution
SOCIETE AZUREENNE DE MATERIAUX ENROBES

Positioning of SOCIETE AZUREENNE DE MATERIAUX ENROBES in its sector

Comparison with sector Récupération de déchets triés

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of SOCIETE AZUREENNE DE MATERIAUX ENROBES is estimated at 131 869 € (range 105 060€ - 250 460€). 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.

Estimated enterprise value 2024
85 tx
105k€ 131k€ 250k€
131 869 € Range: 105 060€ - 250 460€
NAF 5 all-time

Valuation method used

Revenue Multiple
732 418 € × 0.18x = 131 870 €
Range: 105 061€ - 250 460€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 85 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 (Récupération de déchets triés)

Compare SOCIETE AZUREENNE DE MATERIAUX ENROBES with other companies in the same sector:

Voir toutes les statistiques du secteur Récupération de déchets triés

Frequently asked questions about SOCIETE AZUREENNE DE MATERIAUX ENROBES

What is the revenue of SOCIETE AZUREENNE DE MATERIAUX ENROBES ?

The revenue of SOCIETE AZUREENNE DE MATERIAUX ENROBES in 2024 is 732 k€.

Is SOCIETE AZUREENNE DE MATERIAUX ENROBES profitable?

SOCIETE AZUREENNE DE MATERIAUX ENROBES recorded a net loss in 2024.

Where is the headquarters of SOCIETE AZUREENNE DE MATERIAUX ENROBES ?

The headquarters of SOCIETE AZUREENNE DE MATERIAUX ENROBES is located in CARROS (06510), in the department Alpes-Maritimes.

Where to find the tax return of SOCIETE AZUREENNE DE MATERIAUX ENROBES ?

The tax return of SOCIETE AZUREENNE DE MATERIAUX ENROBES 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 AZUREENNE DE MATERIAUX ENROBES operate?

SOCIETE AZUREENNE DE MATERIAUX ENROBES operates in the sector Récupération de déchets triés (NAF code 38.32Z). See the 'Sector positioning' section above to compare the company with its competitors.