SOCIETE DES ETS RUMELLO : revenue, balance sheet and financial ratios

SOCIETE DES ETS RUMELLO is a French company founded 34 years ago, specialized in the sector Travaux de menuiserie métallique et serrurerie. Based in LA GARDE (83130), this company of category PME shows in 2021 a revenue of 626 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 DES ETS RUMELLO (SIREN 384265534)
Indicator 2021 2020 2018 2017 2016
Revenue 626 195 € 582 663 € 755 417 € 758 024 € 748 261 €
Net income -11 514 € -44 766 € 16 312 € 21 485 € 26 221 €
EBITDA -3 611 € -44 425 € 26 718 € 32 138 € 37 264 €
Net margin -1.8% -7.7% 2.2% 2.8% 3.5%

Revenue and income statement

In 2021, SOCIETE DES ETS RUMELLO achieves revenue of 626 k€. Activity remains stable over the period (CAGR: -3.5%). Vs 2020: +7%. After deducting consumption (339 k€), gross margin stands at 287 k€, i.e. a rate of 46%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -4 k€, representing -0.6% of revenue. Positive scissor effect: EBITDA margin improves by +7.0 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -12 k€ (-1.8% of revenue), which will impact equity.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

626 195 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

286 746 €

EBITDA (2021) ?
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

-3 611 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-8 294 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-11 514 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-0.6%

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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 71%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

70.96%

Financial autonomy (2021) ?
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

31.342%

Cash flow / Revenue (2021) ?
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

-1.086%

Repayment capacity (2021) ?
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

-16.259

Asset age ratio (2021) ?
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

3.7%

Solvency indicators evolution
SOCIETE DES ETS RUMELLO

Sector positioning

Debt ratio
70.96 2021
2018
2020
2021
Q1: 3.74
Med: 28.46
Q3: 84.34
Average

In 2021, the debt ratio of SOCIETE DES ETS RUMELLO (70.96) 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
31.34% 2021
2018
2020
2021
Q1: 17.83%
Med: 36.87%
Q3: 54.37%
Average -15 pts over 3 years

In 2021, the financial autonomy of SOCIETE DES ETS RUMELLO (31.3%) 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
-16.26 years 2021
2018
2020
2021
Q1: 0.0 years
Med: 0.39 years
Q3: 2.51 years
Excellent -50 pts over 3 years

In 2021, the repayment capacity of SOCIETE DES ETS RUMELLO (-16.26) 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 205.19. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

205.187

Interest coverage (2021) ?
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

-82.581

Liquidity indicators evolution
SOCIETE DES ETS RUMELLO

Sector positioning

Liquidity ratio
205.19 2021
2018
2020
2021
Q1: 157.08
Med: 214.85
Q3: 298.89
Average -6 pts over 3 years

In 2021, the liquidity ratio of SOCIETE DES ETS RUMELLO (205.19) 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
-82.58x 2021
2018
2020
2021
Q1: 0.0x
Med: 0.36x
Q3: 2.5x
Watch -51 pts over 3 years

In 2021, the interest coverage of SOCIETE DES ETS RUMELLO (-82.6x) 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: 92 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 70 days. The company must finance 22 days of gap between collections and payments. Inventory turnover is 172 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 209 days of revenue, i.e. 364 k€ to permanently finance. Over 2016-2021, WCR increased by +21%, requiring additional financing.

Operating WCR (2021) ?
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

364 201 €

Customer credit (2021) ?
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

92 j

Supplier credit (2021) ?
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

70 j

Inventory turnover (2021) ?
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

172 j

WCR in days of revenue (2021) ?
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

209 j

WCR and payment terms evolution
SOCIETE DES ETS RUMELLO

Positioning of SOCIETE DES ETS RUMELLO in its sector

Comparison with sector Travaux de menuiserie métallique et serrurerie

Valuation estimate

Based on 264 transactions of similar company sales (all years), the value of SOCIETE DES ETS RUMELLO is estimated at 110 163 € (range 64 794€ - 179 030€). 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 2021
264 transactions
64k€ 110k€ 179k€
110 163 € Range: 64 794€ - 179 030€
NAF 5 all-time

Valuation method used

Revenue Multiple
626 195 € × 0.18x = 110 164 €
Range: 64 795€ - 179 030€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 264 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 menuiserie métallique et serrurerie)

Compare SOCIETE DES ETS RUMELLO with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de menuiserie métallique et serrurerie

Frequently asked questions about SOCIETE DES ETS RUMELLO

What is the revenue of SOCIETE DES ETS RUMELLO ?

The revenue of SOCIETE DES ETS RUMELLO in 2021 is 626 k€.

Is SOCIETE DES ETS RUMELLO profitable?

SOCIETE DES ETS RUMELLO recorded a net loss in 2021.

Where is the headquarters of SOCIETE DES ETS RUMELLO ?

The headquarters of SOCIETE DES ETS RUMELLO is located in LA GARDE (83130), in the department Var.

Where to find the tax return of SOCIETE DES ETS RUMELLO ?

The tax return of SOCIETE DES ETS RUMELLO 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 DES ETS RUMELLO operate?

SOCIETE DES ETS RUMELLO operates in the sector Travaux de menuiserie métallique et serrurerie (NAF code 43.32B). See the 'Sector positioning' section above to compare the company with its competitors.