SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES : revenue, balance sheet and financial ratios

SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES is a French company founded 38 years ago, specialized in the sector Fabrication de carrosseries et remorques. Based in ALENCON (61000), this company of category ETI shows in 2024 a revenue of 8.7 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 NORMANDE DE CONSTRUCTIONS METALLIQUES (SIREN 345069793)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 8 684 428 € 10 678 949 € 10 081 001 € 9 975 624 € 7 333 784 € 7 356 454 € 6 479 503 € 5 467 885 € 3 649 583 €
Net income 920 662 € 731 558 € 808 078 € 747 089 € 528 581 € 341 551 € 249 550 € 310 096 € 221 571 €
EBITDA 1 313 912 € 1 136 312 € 1 147 923 € 1 095 333 € 767 192 € 576 891 € 393 977 € 520 025 € 410 747 €
Net margin 10.6% 6.9% 8.0% 7.5% 7.2% 4.6% 3.9% 5.7% 6.1%

Revenue and income statement

In 2024, SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES achieves revenue of 8.7 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +11.4%. Significant drop of -19% vs 2023. After deducting consumption (4.3 M€), gross margin stands at 4.4 M€, i.e. a rate of 50%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.3 M€, representing 15.1% of revenue. Positive scissor effect: EBITDA margin improves by +4.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 921 k€, i.e. 10.6% 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

8 684 428 €

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

4 355 746 €

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

1 313 912 €

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

1 274 907 €

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

920 662 €

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

15.1%

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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 42%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 52%. 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 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.2% 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

42.329%

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

52.018%

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

11.205%

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

0.837

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

20.0%

Solvency indicators evolution
SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES

Sector positioning

Debt ratio
42.33 2024
2022
2023
2024
Q1: 4.79
Med: 27.7
Q3: 79.01
Average

In 2024, the debt ratio of SOCIETE NORMANDE DE CONST... (42.33) 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
52.02% 2024
2022
2023
2024
Q1: 20.53%
Med: 39.52%
Q3: 57.49%
Good

In 2024, the financial autonomy of SOCIETE NORMANDE DE CONST... (52.0%) 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
0.84 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.89 years
Q3: 2.67 years
Good +10 pts over 3 years

In 2024, the repayment capacity of SOCIETE NORMANDE DE CONST... (0.84) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 349.29. 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 3.6x. Financial charges are adequately covered by operations.

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

349.293

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

3.594

Liquidity indicators evolution
SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES

Sector positioning

Liquidity ratio
349.29 2024
2022
2023
2024
Q1: 153.1
Med: 220.25
Q3: 325.12
Excellent +26 pts over 3 years

In 2024, the liquidity ratio of SOCIETE NORMANDE DE CONST... (349.29) 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
3.59x 2024
2022
2023
2024
Q1: 0.0x
Med: 2.31x
Q3: 8.74x
Good

In 2024, the interest coverage of SOCIETE NORMANDE DE CONST... (3.6x) 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: 52 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 25 days. The company must finance 27 days of gap between collections and payments. Inventory turnover is 39 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 78 days of revenue, i.e. 1.9 M€ to permanently finance. Over 2016-2024, WCR increased by +148%, requiring additional financing.

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

1 870 713 €

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

52 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

25 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

39 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

78 j

WCR and payment terms evolution
SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES

Positioning of SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES in its sector

Comparison with sector Fabrication de carrosseries et remorques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (31 transactions). This range of 489 257€ to 1 861 575€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
489k€ 1047k€ 1861k€
1 047 854 € Range: 489 257€ - 1 861 575€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 31 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 de carrosseries et remorques)

Compare SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de carrosseries et remorques

Frequently asked questions about SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES

What is the revenue of SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES ?

The revenue of SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES in 2024 is 8.7 M€.

Is SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES profitable?

Yes, SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES generated a net profit of 921 k€ in 2024.

Where is the headquarters of SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES ?

The headquarters of SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES is located in ALENCON (61000), in the department Orne.

Where to find the tax return of SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES ?

The tax return of SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES 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 NORMANDE DE CONSTRUCTIONS METALLIQUES operate?

SOCIETE NORMANDE DE CONSTRUCTIONS METALLIQUES operates in the sector Fabrication de carrosseries et remorques (NAF code 29.20Z). See the 'Sector positioning' section above to compare the company with its competitors.