SOCIETE GIRONDINE DE CARBONISATION : revenue, balance sheet and financial ratios

SOCIETE GIRONDINE DE CARBONISATION is a French company founded 57 years ago, specialized in the sector Fabrication d'autres produits chimiques organiques de base. Based in LACANAU (33680), this company of category ETI shows in 2019 a revenue of 533 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 GIRONDINE DE CARBONISATION (SIREN 469200562)
Indicator 2019 2018 2017 2016
Revenue 533 486 € 603 795 € 937 322 € 1 382 927 €
Net income -202 037 € -85 263 € -232 239 € 24 286 €
EBITDA -135 254 € -63 696 € -229 046 € 54 533 €
Net margin -37.9% -14.1% -24.8% 1.8%

Revenue and income statement

In 2019, SOCIETE GIRONDINE DE CARBONISATION achieves revenue of 533 k€. Revenue is declining over the period 2016-2019 (CAGR: -27.2%). Significant drop of -12% vs 2018. After deducting consumption (567 k€), gross margin stands at -33 k€, i.e. a rate of -6%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -135 k€, representing -25.4% of revenue. Warning negative scissor effect: despite revenue change (-12%), EBITDA varies by -112%, reducing margin by 14.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -202 k€ (-37.9% of revenue), which will impact equity.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

533 486 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

-33 112 €

EBITDA (2019) ?
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

-135 254 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-188 254 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-202 037 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-25.4%

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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 535%. 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 12%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

535.143%

Financial autonomy (2019) ?
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

12.5%

Cash flow / Revenue (2019) ?
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

-27.94%

Repayment capacity (2019) ?
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

-8.04

Asset age ratio (2019) ?
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

66.0%

Solvency indicators evolution
SOCIETE GIRONDINE DE CARBONISATION

Sector positioning

Debt ratio
535.14 2019
2017
2018
2019
Q1: 0.7
Med: 14.28
Q3: 71.34
Watch +43 pts over 3 years

In 2019, the debt ratio of SOCIETE GIRONDINE DE CARB... (535.14) 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
12.5% 2019
2017
2018
2019
Q1: 28.85%
Med: 50.3%
Q3: 70.83%
Watch -52 pts over 3 years

In 2019, the financial autonomy of SOCIETE GIRONDINE DE CARB... (12.5%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-8.04 years 2019
2017
2018
2019
Q1: 0.0 years
Med: 0.42 years
Q3: 2.39 years
Excellent

In 2019, the repayment capacity of SOCIETE GIRONDINE DE CARB... (-8.04) 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 159.27. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2019) ?
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

159.266

Interest coverage (2019) ?
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

-12.304

Liquidity indicators evolution
SOCIETE GIRONDINE DE CARBONISATION

Sector positioning

Liquidity ratio
159.27 2019
2017
2018
2019
Q1: 126.94
Med: 206.45
Q3: 342.41
Average -42 pts over 3 years

In 2019, the liquidity ratio of SOCIETE GIRONDINE DE CARB... (159.27) 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
-12.3x 2019
2017
2018
2019
Q1: 0.0x
Med: 1.1x
Q3: 6.0x
Watch

In 2019, the interest coverage of SOCIETE GIRONDINE DE CARB... (-12.3x) 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: 66 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 125 days. Excellent situation: suppliers finance 59 days of the operating cycle (retail model). Inventory turnover is 176 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. 310 k€ to permanently finance. Notable WCR improvement over the period (-47%), freeing up cash.

Operating WCR (2019) ?
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

310 323 €

Customer credit (2019) ?
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

66 j

Supplier credit (2019) ?
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

125 j

Inventory turnover (2019) ?
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

176 j

WCR in days of revenue (2019) ?
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 GIRONDINE DE CARBONISATION

Positioning of SOCIETE GIRONDINE DE CARBONISATION in its sector

Comparison with sector Fabrication d'autres produits chimiques organiques de base

Valuation estimate

Based on 74 transactions of similar company sales (all years), the value of SOCIETE GIRONDINE DE CARBONISATION is estimated at 58 600 € (range 38 241€ - 133 324€). The price/revenue ratio is 0.11x (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 2019
74 tx
38k€ 58k€ 133k€
58 600 € Range: 38 241€ - 133 324€
Section all-time Aggregated at NAF section level

Valuation method used

Revenue Multiple
533 486 € × 0.11x = 58 600 €
Range: 38 242€ - 133 325€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 74 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 (Fabrication d'autres produits chimiques organiques de base)

Compare SOCIETE GIRONDINE DE CARBONISATION with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres produits chimiques organiques de base

Frequently asked questions about SOCIETE GIRONDINE DE CARBONISATION

What is the revenue of SOCIETE GIRONDINE DE CARBONISATION ?

The revenue of SOCIETE GIRONDINE DE CARBONISATION in 2019 is 533 k€.

Is SOCIETE GIRONDINE DE CARBONISATION profitable?

SOCIETE GIRONDINE DE CARBONISATION recorded a net loss in 2019.

Where is the headquarters of SOCIETE GIRONDINE DE CARBONISATION ?

The headquarters of SOCIETE GIRONDINE DE CARBONISATION is located in LACANAU (33680), in the department Gironde.

Where to find the tax return of SOCIETE GIRONDINE DE CARBONISATION ?

The tax return of SOCIETE GIRONDINE DE CARBONISATION 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 GIRONDINE DE CARBONISATION operate?

SOCIETE GIRONDINE DE CARBONISATION operates in the sector Fabrication d'autres produits chimiques organiques de base (NAF code 20.14Z). See the 'Sector positioning' section above to compare the company with its competitors.