SOCIETE D'INVESTISSEMENT ANGEVIN : revenue, balance sheet and financial ratios

SOCIETE D'INVESTISSEMENT ANGEVIN is a French company founded 25 years ago, specialized in the sector Activités des sièges sociaux. Based in NOYAL-CHATILLON-SUR-SEICHE (35230), this company of category ETI shows in 2023 a revenue of 2.9 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'INVESTISSEMENT ANGEVIN (SIREN 437628423)
Indicator 2023 2022 2021 2020 2019 2018 2017
Revenue 2 914 610 € 2 357 742 € 2 067 557 € 1 859 822 € 1 932 117 € 1 583 223 € 1 617 039 €
Net income 7 779 677 € 3 151 947 € 947 834 € -1 165 059 € -1 241 874 € -1 064 437 € 1 084 703 €
EBITDA 188 976 € 195 271 € 243 128 € 244 180 € 272 292 € 173 388 € 173 443 €
Net margin 266.9% 133.7% 45.8% -62.6% -64.3% -67.2% 67.1%

Revenue and income statement

In 2023, SOCIETE D'INVESTISSEMENT ANGEVIN achieves revenue of 2.9 M€. Over the period 2017-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +10.3%. Vs 2022, growth of +24% (2.4 M€ -> 2.9 M€). After deducting consumption (0 €), gross margin stands at 2.9 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 189 k€, representing 6.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 7.8 M€, i.e. 266.9% 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

2 914 610 €

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

2 914 610 €

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

188 976 €

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

160 675 €

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

7 779 677 €

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

6.5%

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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 37%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 72%. 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 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 286.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

37.15%

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

71.711%

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

286.83%

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

0.851

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

23.5%

Solvency indicators evolution
SOCIETE D'INVESTISSEMENT ANGEVIN

Sector positioning

Debt ratio
37.15 2023
2021
2022
2023
Q1: 0.15
Med: 18.69
Q3: 101.54
Average -14 pts over 3 years

In 2023, the debt ratio of SOCIETE D'INVESTISSEMENT ... (37.15) 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
71.71% 2023
2021
2022
2023
Q1: 13.72%
Med: 51.34%
Q3: 84.19%
Good +18 pts over 3 years

In 2023, the financial autonomy of SOCIETE D'INVESTISSEMENT ... (71.7%) 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
0.85 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.21 years
Q3: 3.83 years
Average -21 pts over 3 years

In 2023, the repayment capacity of SOCIETE D'INVESTISSEMENT ... (0.85) 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 2081.19. 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 330.7x. Operating income very largely covers interest expenses: high safety margin.

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

2081.186

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

330.68

Liquidity indicators evolution
SOCIETE D'INVESTISSEMENT ANGEVIN

Sector positioning

Liquidity ratio
2081.19 2023
2021
2022
2023
Q1: 110.3
Med: 414.17
Q3: 1926.34
Excellent

In 2023, the liquidity ratio of SOCIETE D'INVESTISSEMENT ... (2081.19) 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
330.68x 2023
2021
2022
2023
Q1: -38.61x
Med: 0.0x
Q3: 2.71x
Excellent

In 2023, the interest coverage of SOCIETE D'INVESTISSEMENT ... (330.7x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 84 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 67 days. The company must finance 17 days of gap between collections and payments. Overall, WCR represents 1082 days of revenue, i.e. 8.8 M€ to permanently finance. Over 2017-2023, WCR increased by +79%, 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

8 759 656 €

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

84 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

67 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

0 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

1082 j

WCR and payment terms evolution
SOCIETE D'INVESTISSEMENT ANGEVIN

Positioning of SOCIETE D'INVESTISSEMENT ANGEVIN in its sector

Comparison with sector Activités des sièges sociaux

Valuation estimate

Based on 89 transactions of similar company sales in 2023, the value of SOCIETE D'INVESTISSEMENT ANGEVIN is estimated at 11 316 456 € (range 5 374 114€ - 25 588 310€). With an EBITDA of 188 976€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.52x (in line with sector norms). 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 2023
89 tx
5374k€ 11316k€ 25588k€
11 316 456 € Range: 5 374 114€ - 25 588 310€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
188 976 € × 4.0x
Estimation 759 923 €
389 819€ - 1 234 027€
Revenue Multiple 30%
2 914 610 € × 0.52x
Estimation 1 526 026 €
624 252€ - 2 704 486€
Net Income Multiple 20%
7 779 677 € × 6.7x
Estimation 52 393 438 €
24 959 644€ - 120 799 758€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 89 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 (Activités des sièges sociaux)

Compare SOCIETE D'INVESTISSEMENT ANGEVIN with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sièges sociaux

Frequently asked questions about SOCIETE D'INVESTISSEMENT ANGEVIN

What is the revenue of SOCIETE D'INVESTISSEMENT ANGEVIN ?

The revenue of SOCIETE D'INVESTISSEMENT ANGEVIN in 2023 is 2.9 M€.

Is SOCIETE D'INVESTISSEMENT ANGEVIN profitable?

Yes, SOCIETE D'INVESTISSEMENT ANGEVIN generated a net profit of 7.8 M€ in 2023.

Where is the headquarters of SOCIETE D'INVESTISSEMENT ANGEVIN ?

The headquarters of SOCIETE D'INVESTISSEMENT ANGEVIN is located in NOYAL-CHATILLON-SUR-SEICHE (35230), in the department Ille-et-Vilaine.

Where to find the tax return of SOCIETE D'INVESTISSEMENT ANGEVIN ?

The tax return of SOCIETE D'INVESTISSEMENT ANGEVIN 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'INVESTISSEMENT ANGEVIN operate?

SOCIETE D'INVESTISSEMENT ANGEVIN operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.