SOCIETE LANNIONNAISE DE CANALISATIONS : revenue, balance sheet and financial ratios

SOCIETE LANNIONNAISE DE CANALISATIONS is a French company founded 26 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in PLOUBEZRE (22300), this company of category PME shows in 2018 a revenue of 1.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - SOCIETE LANNIONNAISE DE CANALISATIONS (SIREN 423377951)
Indicator 2020 2018 2017
Revenue N/C 1 512 695 € 1 284 364 €
Net income -51 520 € 101 599 € 20 335 €
EBITDA N/C 107 891 € 27 291 €
Net margin N/C 6.7% 1.6%

Revenue and income statement

In 2020, SOCIETE LANNIONNAISE DE CANALISATIONS records a net loss of 52 k€. This deficit will reduce equity on the balance sheet.

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-51 520 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

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 43%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

70.62%

Financial autonomy (2020) ?
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

43.491%

Asset age ratio (2020) ?
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

34.3%

Solvency indicators evolution
SOCIETE LANNIONNAISE DE CANALISATIONS

Sector positioning

Debt ratio
70.62 2020
2017
2018
2020
Q1: 9.53
Med: 45.67
Q3: 120.27
Average +24 pts over 3 years

In 2020, the debt ratio of SOCIETE LANNIONNAISE DE C... (70.62) 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
43.49% 2020
2017
2018
2020
Q1: 18.49%
Med: 36.23%
Q3: 53.77%
Good -15 pts over 3 years

In 2020, the financial autonomy of SOCIETE LANNIONNAISE DE C... (43.5%) 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
0.87 years 2018
2017
2018
Q1: 0.0 years
Med: 0.53 years
Q3: 1.94 years
Average -19 pts over 2 years

In 2018, the repayment capacity of SOCIETE LANNIONNAISE DE C... (0.87) 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 339.50. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2020) ?
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

339.495

Liquidity indicators evolution
SOCIETE LANNIONNAISE DE CANALISATIONS

Sector positioning

Liquidity ratio
339.5 2020
2017
2018
2020
Q1: 144.81
Med: 205.65
Q3: 310.25
Excellent

In 2020, the liquidity ratio of SOCIETE LANNIONNAISE DE C... (339.50) 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
3.44x 2018
2017
2018
Q1: 0.0x
Med: 0.81x
Q3: 3.49x
Good

In 2018, the interest coverage of SOCIETE LANNIONNAISE DE C... (3.4x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2020) ?
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

0 €

Customer credit (2020) ?
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

0 j

Supplier credit (2020) ?
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

0 j

Inventory turnover (2020) ?
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 and payment terms evolution
SOCIETE LANNIONNAISE DE CANALISATIONS

Positioning of SOCIETE LANNIONNAISE DE CANALISATIONS in its sector

Comparison with sector Travaux de terrassement courants et travaux préparatoires

Similar companies (Travaux de terrassement courants et travaux préparatoires)

Compare SOCIETE LANNIONNAISE DE CANALISATIONS with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires

Frequently asked questions about SOCIETE LANNIONNAISE DE CANALISATIONS

What is the revenue of SOCIETE LANNIONNAISE DE CANALISATIONS ?

The revenue of SOCIETE LANNIONNAISE DE CANALISATIONS in 2018 is 1.5 M€.

Is SOCIETE LANNIONNAISE DE CANALISATIONS profitable?

SOCIETE LANNIONNAISE DE CANALISATIONS recorded a net loss in 2020.

Where is the headquarters of SOCIETE LANNIONNAISE DE CANALISATIONS ?

The headquarters of SOCIETE LANNIONNAISE DE CANALISATIONS is located in PLOUBEZRE (22300), in the department Cotes-d'Armor.

Where to find the tax return of SOCIETE LANNIONNAISE DE CANALISATIONS ?

The tax return of SOCIETE LANNIONNAISE DE CANALISATIONS 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 LANNIONNAISE DE CANALISATIONS operate?

SOCIETE LANNIONNAISE DE CANALISATIONS operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.