SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. : revenue, balance sheet and financial ratios

SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. is a French company founded 32 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de bois et de matériaux de construction . Based in NIMES (30000), this company of category PME shows in 2021 a revenue of 3.1 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 D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. (SIREN 395095938)
Indicator 2021 2020 2019 2018
Revenue 3 143 468 € 3 878 336 € 3 178 088 € 4 105 239 €
Net income -230 265 € 27 415 € 7 512 € 169 660 €
EBITDA -453 149 € -83 753 € -14 142 € 162 017 €
Net margin -7.3% 0.7% 0.2% 4.1%

Revenue and income statement

In 2021, SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. achieves revenue of 3.1 M€. Revenue is declining over the period 2018-2021 (CAGR: -8.5%). Significant drop of -19% vs 2020. After deducting consumption (2.1 M€), gross margin stands at 1.0 M€, i.e. a rate of 33%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -453 k€, representing -14.4% of revenue. Warning negative scissor effect: despite revenue change (-19%), EBITDA varies by -441%, reducing margin by 12.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -230 k€ (-7.3% 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

3 143 468 €

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

1 029 508 €

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

-453 149 €

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

-230 443 €

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

-230 265 €

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

-14.4%

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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 666%. 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 7%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

666.179%

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

7.33%

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

-7.062%

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

-2.349

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

42.3%

Solvency indicators evolution
SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I.

Sector positioning

Debt ratio
666.18 2021
2019
2020
2021
Q1: 1.75
Med: 26.23
Q3: 79.04
Watch +42 pts over 3 years

In 2021, the debt ratio of SOCIETE D'EXPLOITATION DE... (666.18) 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
7.33% 2021
2019
2020
2021
Q1: 19.88%
Med: 39.25%
Q3: 55.84%
Average -15 pts over 3 years

In 2021, the financial autonomy of SOCIETE D'EXPLOITATION DE... (7.3%) 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
-2.35 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.7 years
Q3: 2.54 years
Excellent

In 2021, the repayment capacity of SOCIETE D'EXPLOITATION DE... (-2.35) 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 255.11. 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

255.106

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

-0.336

Liquidity indicators evolution
SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I.

Sector positioning

Liquidity ratio
255.11 2021
2019
2020
2021
Q1: 154.55
Med: 213.9
Q3: 299.51
Good +33 pts over 3 years

In 2021, the liquidity ratio of SOCIETE D'EXPLOITATION DE... (255.11) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
-0.34x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.79x
Q3: 3.77x
Average

In 2021, the interest coverage of SOCIETE D'EXPLOITATION DE... (-0.3x) 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: 46 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 27 days. The company must finance 19 days of gap between collections and payments. Inventory turnover is 23 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 55 days of revenue, i.e. 476 k€ to permanently finance. Notable WCR improvement over the period (-22%), freeing up cash.

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

476 110 €

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

46 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

27 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

23 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

55 j

WCR and payment terms evolution
SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I.

Positioning of SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de bois et de matériaux de construction

Similar companies (Commerce de gros (commerce interentreprises) de bois et de matériaux de construction )

Compare SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de bois et de matériaux de construction

Frequently asked questions about SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I.

What is the revenue of SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. ?

The revenue of SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. in 2021 is 3.1 M€.

Is SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. profitable?

SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. recorded a net loss in 2021.

Where is the headquarters of SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. ?

The headquarters of SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. is located in NIMES (30000), in the department Gard.

Where to find the tax return of SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. ?

The tax return of SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. 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'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. operate?

SOCIETE D'EXPLOITATION DES MATERIAUX ISOLANTS - S.E.M.I. operates in the sector Commerce de gros (commerce interentreprises) de bois et de matériaux de construction (NAF code 46.73A). See the 'Sector positioning' section above to compare the company with its competitors.