SOCIETE DE COUVERTURE BERTRAND : revenue, balance sheet and financial ratios

SOCIETE DE COUVERTURE BERTRAND is a French company founded 42 years ago, specialized in the sector Travaux de couverture par éléments. Based in IFFENDIC (35750), this company of category PME shows in 2023 a revenue of 905 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SOCIETE DE COUVERTURE BERTRAND (SIREN 328666862)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 905 155 € 1 111 412 € N/C N/C N/C 919 236 € 833 466 € 750 497 €
Net income 42 396 € 76 072 € 41 747 € 34 492 € 53 339 € 44 892 € 26 061 € -11 713 €
EBITDA 87 463 € 117 062 € N/C N/C N/C 89 021 € 62 072 € 25 516 €
Net margin 4.7% 6.8% N/C N/C N/C 4.9% 3.1% -1.6%

Revenue and income statement

In 2023, SOCIETE DE COUVERTURE BERTRAND achieves revenue of 905 k€. Revenue is growing positively over 8 years (CAGR: +2.7%). Significant drop of -19% vs 2022. After deducting consumption (358 k€), gross margin stands at 547 k€, i.e. a rate of 60%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 87 k€, representing 9.7% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 42 k€, i.e. 4.7% 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

905 155 €

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

547 024 €

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

87 463 €

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

56 828 €

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

42 396 €

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

9.7%

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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 68%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 48%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.9 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 7.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

67.658%

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

48.14%

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

7.34%

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

3.928

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

18.4%

Solvency indicators evolution
SOCIETE DE COUVERTURE BERTRAND

Sector positioning

Debt ratio
67.66 2023
2021
2022
2023
Q1: 5.01
Med: 25.02
Q3: 60.77
Average +22 pts over 3 years

In 2023, the debt ratio of SOCIETE DE COUVERTURE BER... (67.66) 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
48.14% 2023
2021
2022
2023
Q1: 18.62%
Med: 38.44%
Q3: 57.0%
Good -12 pts over 3 years

In 2023, the financial autonomy of SOCIETE DE COUVERTURE BER... (48.1%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
3.93 years 2023
2022
2023
Q1: 0.0 years
Med: 0.43 years
Q3: 1.39 years
Watch

In 2023, the repayment capacity of SOCIETE DE COUVERTURE BER... (3.93) 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 737.55. 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 1.3x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

737.546

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

1.291

Liquidity indicators evolution
SOCIETE DE COUVERTURE BERTRAND

Sector positioning

Liquidity ratio
737.55 2023
2021
2022
2023
Q1: 150.32
Med: 212.77
Q3: 302.93
Excellent

In 2023, the liquidity ratio of SOCIETE DE COUVERTURE BER... (737.55) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
1.29x 2023
2022
2023
Q1: 0.0x
Med: 0.68x
Q3: 2.48x
Good +5 pts over 2 years

In 2023, the interest coverage of SOCIETE DE COUVERTURE BER... (1.3x) 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: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 7 days. The gap of 63 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 81 days of revenue, i.e. 204 k€ to permanently finance. Over 2016-2023, WCR increased by +76%, 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

204 493 €

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

70 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

7 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

46 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

81 j

WCR and payment terms evolution
SOCIETE DE COUVERTURE BERTRAND

Positioning of SOCIETE DE COUVERTURE BERTRAND in its sector

Comparison with sector Travaux de couverture par éléments

Valuation estimate

Based on 113 transactions of similar company sales (all years), the value of SOCIETE DE COUVERTURE BERTRAND is estimated at 163 376 € (range 79 604€ - 267 438€). With an EBITDA of 87 463€, the sector multiple of 2.2x is applied. The price/revenue ratio is 0.16x (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
113 transactions
79k€ 163k€ 267k€
163 376 € Range: 79 604€ - 267 438€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
87 463 € × 2.2x
Estimation 196 762 €
81 214€ - 315 703€
Revenue Multiple 30%
905 155 € × 0.16x
Estimation 140 383 €
91 276€ - 229 758€
Net Income Multiple 20%
42 396 € × 2.7x
Estimation 114 402 €
58 070€ - 203 295€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 113 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 (Travaux de couverture par éléments)

Compare SOCIETE DE COUVERTURE BERTRAND with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de couverture par éléments

Frequently asked questions about SOCIETE DE COUVERTURE BERTRAND

What is the revenue of SOCIETE DE COUVERTURE BERTRAND ?

The revenue of SOCIETE DE COUVERTURE BERTRAND in 2023 is 905 k€.

Is SOCIETE DE COUVERTURE BERTRAND profitable?

Yes, SOCIETE DE COUVERTURE BERTRAND generated a net profit of 42 k€ in 2023.

Where is the headquarters of SOCIETE DE COUVERTURE BERTRAND ?

The headquarters of SOCIETE DE COUVERTURE BERTRAND is located in IFFENDIC (35750), in the department Ille-et-Vilaine.

Where to find the tax return of SOCIETE DE COUVERTURE BERTRAND ?

The tax return of SOCIETE DE COUVERTURE BERTRAND 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 DE COUVERTURE BERTRAND operate?

SOCIETE DE COUVERTURE BERTRAND operates in the sector Travaux de couverture par éléments (NAF code 43.91B). See the 'Sector positioning' section above to compare the company with its competitors.