SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES : revenue, balance sheet and financial ratios

SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES is a French company founded 16 years ago, specialized in the sector Ingénierie, études techniques. Based in SOLIERS (14540), this company of category PME shows in 2021 a revenue of 1.2 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

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

Financial history - SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES (SIREN 520949769)
Indicator 2021 2020 2018 2017 2016
Revenue 1 182 387 € 790 793 € 6 000 € 6 000 € 6 000 €
Net income 25 744 € 35 327 € 1 724 € 3 418 € 2 535 €
EBITDA 70 297 € 75 808 € 4 578 € 3 671 € 2 502 €
Net margin 2.2% 4.5% 28.7% 57.0% 42.2%

Revenue and income statement

In 2021, SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES achieves revenue of 1.2 M€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +187.7%. Vs 2020, growth of +50% (791 k€ -> 1.2 M€). After deducting consumption (147 k€), gross margin stands at 1.0 M€, i.e. a rate of 88%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 70 k€, representing 5.9% of revenue. Warning negative scissor effect: despite revenue change (+50%), EBITDA varies by -7%, reducing margin by 3.6 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 26 k€, i.e. 2.2% of revenue. This profit can be retained or distributed to shareholders.

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

1 182 387 €

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

1 035 161 €

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

70 297 €

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

42 985 €

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

25 744 €

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

5.9%

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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 17%. 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 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (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

16.605%

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

15.35%

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

5.331%

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

0.432

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

70.8%

Solvency indicators evolution
SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES

Sector positioning

Debt ratio
16.61 2021
2018
2020
2021
Q1: 0.0
Med: 11.4
Q3: 66.26
Average -23 pts over 3 years

In 2021, the debt ratio of SOCIETE D'ETUDES MECANIQU... (16.61) 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
15.35% 2021
2018
2020
2021
Q1: 10.95%
Med: 35.06%
Q3: 59.74%
Average -13 pts over 3 years

In 2021, the financial autonomy of SOCIETE D'ETUDES MECANIQU... (15.3%) 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
0.43 years 2021
2018
2020
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 1.32 years
Average -17 pts over 3 years

In 2021, the repayment capacity of SOCIETE D'ETUDES MECANIQU... (0.43) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 103.88. 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

103.881

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

0.0

Liquidity indicators evolution
SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES

Sector positioning

Liquidity ratio
103.88 2021
2018
2020
2021
Q1: 151.2
Med: 231.52
Q3: 390.78
Watch -49 pts over 3 years

In 2021, the liquidity ratio of SOCIETE D'ETUDES MECANIQU... (103.88) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
0.0x 2021
2018
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 1.05x
Average -50 pts over 3 years

In 2021, the interest coverage of SOCIETE D'ETUDES MECANIQU... (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: 128 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. The gap of 65 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 111 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 53 days of revenue, i.e. 173 k€ to permanently finance. Over 2016-2021, WCR increased by +2415%, 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

172 676 €

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

128 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

63 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

111 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

53 j

WCR and payment terms evolution
SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES

Positioning of SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Based on 52 transactions of similar company sales in 2021, the value of SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES is estimated at 177 646 € (range 99 129€ - 262 031€). With an EBITDA of 70 297€, the sector multiple of 0.5x is applied. The price/revenue ratio is 0.44x (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 2021
52 tx
99k€ 177k€ 262k€
177 646 € Range: 99 129€ - 262 031€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
70 297 € × 0.5x
Estimation 36 907 €
35 567€ - 101 529€
Revenue Multiple 30%
1 182 387 € × 0.44x
Estimation 518 160 €
265 027€ - 675 033€
Net Income Multiple 20%
25 744 € × 0.7x
Estimation 18 728 €
9 191€ - 43 788€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 52 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 (Ingénierie, études techniques)

Compare SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES

What is the revenue of SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES ?

The revenue of SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES in 2021 is 1.2 M€.

Is SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES profitable?

Yes, SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES generated a net profit of 26 k€ in 2021.

Where is the headquarters of SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES ?

The headquarters of SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES is located in SOLIERS (14540), in the department Calvados.

Where to find the tax return of SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES ?

The tax return of SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES 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 D'ETUDES MECANIQUES INDUSTRIELLES operate?

SOCIETE D'ETUDES MECANIQUES INDUSTRIELLES operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.