SOCIETE NICOISE D'ENROBAGE : revenue, balance sheet and financial ratios

SOCIETE NICOISE D'ENROBAGE is a French company founded 57 years ago, specialized in the sector Fabrication d'autres produits minéraux non métalliques n.c.a.. Based in NICE (06200), this company of category GE shows in 2024 a revenue of 11.2 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 NICOISE D'ENROBAGE (SIREN 969800036)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 11 240 411 € 9 431 342 € 11 272 366 € 8 186 087 € 8 193 761 € 10 751 194 € 9 251 903 € 10 117 343 € 8 801 114 €
Net income 1 022 320 € 870 651 € 960 529 € 794 271 € 632 902 € 732 913 € 719 399 € 737 814 € 512 313 €
EBITDA 1 622 975 € 1 359 191 € 1 470 231 € 1 216 454 € 1 061 405 € 1 238 467 € 1 177 135 € 1 414 891 € 1 069 189 €
Net margin 9.1% 9.2% 8.5% 9.7% 7.7% 6.8% 7.8% 7.3% 5.8%

Revenue and income statement

In 2024, SOCIETE NICOISE D'ENROBAGE achieves revenue of 11.2 M€. Revenue is growing positively over 9 years (CAGR: +3.1%). Vs 2023, growth of +19% (9.4 M€ -> 11.2 M€). After deducting consumption (8.2 M€), gross margin stands at 3.1 M€, i.e. a rate of 27%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.6 M€, representing 14.4% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.0 M€, i.e. 9.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

11 240 411 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 083 639 €

EBITDA (2024) ?
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

1 622 975 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

1 412 109 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 022 320 €

EBITDA margin (2024) ?
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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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 0%. 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 14%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 10.3% 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 (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2024) ?
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

13.553%

Cash flow / Revenue (2024) ?
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

10.313%

Repayment capacity (2024) ?
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

0.0

Asset age ratio (2024) ?
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

27.3%

Solvency indicators evolution
SOCIETE NICOISE D'ENROBAGE

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.0
Med: 11.35
Q3: 71.05
Excellent

In 2024, the debt ratio of SOCIETE NICOISE D'ENROBAGE (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
13.55% 2024
2022
2023
2024
Q1: 9.68%
Med: 23.36%
Q3: 45.54%
Average -9 pts over 3 years

In 2024, the financial autonomy of SOCIETE NICOISE D'ENROBAGE (13.6%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.65 years
Excellent

In 2024, the repayment capacity of SOCIETE NICOISE D'ENROBAGE (0.00) 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 102.52. 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 1.3x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2024) ?
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

102.515

Interest coverage (2024) ?
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

1.282

Liquidity indicators evolution
SOCIETE NICOISE D'ENROBAGE

Sector positioning

Liquidity ratio
102.52 2024
2022
2023
2024
Q1: 94.61
Med: 137.76
Q3: 236.84
Average

In 2024, the liquidity ratio of SOCIETE NICOISE D'ENROBAGE (102.52) 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
1.28x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.99x
Q3: 6.91x
Good +8 pts over 3 years

In 2024, the interest coverage of SOCIETE NICOISE D'ENROBAGE (1.3x) 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. Average customer payment term: 112 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 73 days. The gap of 39 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 9 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-11 days): operations structurally generate cash. Notable WCR improvement over the period (-389%), freeing up cash.

Operating WCR (2024) ?
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

-341 034 €

Customer credit (2024) ?
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

112 j

Supplier credit (2024) ?
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

73 j

Inventory turnover (2024) ?
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

9 j

WCR in days of revenue (2024) ?
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

-11 j

WCR and payment terms evolution
SOCIETE NICOISE D'ENROBAGE

Positioning of SOCIETE NICOISE D'ENROBAGE in its sector

Comparison with sector Fabrication d'autres produits minéraux non métalliques n.c.a.

Valuation estimate

Based on 228 transactions of similar company sales (all years), the value of SOCIETE NICOISE D'ENROBAGE is estimated at 2 052 196 € (range 786 583€ - 5 399 591€). With an EBITDA of 1 622 975€, the sector multiple of 1.5x is applied. The price/revenue ratio is 0.13x (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.

Estimated enterprise value 2024
228 transactions
786k€ 2052k€ 5399k€
2 052 196 € Range: 786 583€ - 5 399 591€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 622 975 € × 1.5x
Estimation 2 501 344 €
780 071€ - 6 476 357€
Revenue Multiple 30%
11 240 411 € × 0.13x
Estimation 1 439 811 €
993 248€ - 4 281 435€
Net Income Multiple 20%
1 022 320 € × 1.8x
Estimation 1 847 905 €
492 869€ - 4 384 912€
How is this estimate calculated?

This estimate is based on the analysis of 228 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 minéraux non métalliques n.c.a.)

Compare SOCIETE NICOISE D'ENROBAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres produits minéraux non métalliques n.c.a.

Frequently asked questions about SOCIETE NICOISE D'ENROBAGE

What is the revenue of SOCIETE NICOISE D'ENROBAGE ?

The revenue of SOCIETE NICOISE D'ENROBAGE in 2024 is 11.2 M€.

Is SOCIETE NICOISE D'ENROBAGE profitable?

Yes, SOCIETE NICOISE D'ENROBAGE generated a net profit of 1.0 M€ in 2024.

Where is the headquarters of SOCIETE NICOISE D'ENROBAGE ?

The headquarters of SOCIETE NICOISE D'ENROBAGE is located in NICE (06200), in the department Alpes-Maritimes.

Where to find the tax return of SOCIETE NICOISE D'ENROBAGE ?

The tax return of SOCIETE NICOISE D'ENROBAGE 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 NICOISE D'ENROBAGE operate?

SOCIETE NICOISE D'ENROBAGE operates in the sector Fabrication d'autres produits minéraux non métalliques n.c.a. (NAF code 23.99Z). See the 'Sector positioning' section above to compare the company with its competitors.