SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT : revenue, balance sheet and financial ratios

SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT is a French company founded 56 years ago, specialized in the sector Commerce de gros d'équipements automobiles. Based in CERISE (61000), this company of category PME shows in 2024 a revenue of 927 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 NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT (SIREN 097020176)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 926 923 € 921 611 € 886 963 € 975 140 € 988 097 € 970 364 € 997 420 € 1 174 415 € 1 025 973 €
Net income 5 572 950 € 2 054 882 € 1 402 457 € 779 320 € 318 340 € 285 648 € 221 997 € 985 802 € -3 904 280 €
EBITDA -222 298 € 72 540 € 73 881 € 153 347 € 25 943 € 46 251 € 30 125 € 110 736 € -176 773 €
Net margin 601.2% 223.0% 158.1% 79.9% 32.2% 29.4% 22.3% 83.9% -380.5%

Revenue and income statement

In 2024, SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT achieves revenue of 927 k€. Activity remains stable over the period (CAGR: -1.3%). Vs 2023: +1%. After deducting consumption (0 €), gross margin stands at 927 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -222 k€, representing -24.0% of revenue. Warning negative scissor effect: despite revenue change (+1%), EBITDA varies by -406%, reducing margin by 31.9 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 5.6 M€, i.e. 601.2% 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

926 923 €

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

926 923 €

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

-222 298 €

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

-172 344 €

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

5 572 950 €

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

-24.0%

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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 17%. 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 83%. 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 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 733.5% 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

17.183%

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

83.118%

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

733.501%

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

0.441

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

27.0%

Solvency indicators evolution
SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT

Sector positioning

Debt ratio
17.18 2024
2022
2023
2024
Q1: 0.26
Med: 13.62
Q3: 52.91
Average +27 pts over 3 years

In 2024, the debt ratio of SOCIETE NORMANDE DE DEVEL... (17.18) 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
83.12% 2024
2022
2023
2024
Q1: 21.3%
Med: 41.67%
Q3: 60.11%
Excellent +6 pts over 3 years

In 2024, the financial autonomy of SOCIETE NORMANDE DE DEVEL... (83.1%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.44 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.2 years
Q3: 1.87 years
Average +26 pts over 3 years

In 2024, the repayment capacity of SOCIETE NORMANDE DE DEVEL... (0.44) 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 2882.57. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

2882.573

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

-660.444

Liquidity indicators evolution
SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT

Sector positioning

Liquidity ratio
2882.57 2024
2022
2023
2024
Q1: 145.43
Med: 206.86
Q3: 309.41
Excellent

In 2024, the liquidity ratio of SOCIETE NORMANDE DE DEVEL... (2882.57) 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
-660.44x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.22x
Q3: 10.11x
Watch -51 pts over 3 years

In 2024, the interest coverage of SOCIETE NORMANDE DE DEVEL... (-660.4x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. Excellent situation: suppliers finance 49 days of the operating cycle (retail model). Overall, WCR represents 249 days of revenue, i.e. 642 k€ to permanently finance. Notable WCR improvement over the period (-88%), 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

642 376 €

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

0 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

49 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

0 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

249 j

WCR and payment terms evolution
SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT

Positioning of SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT in its sector

Comparison with sector Commerce de gros d'équipements automobiles

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 956 019€ to 2 658 506€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
956k€ 1813k€ 2658k€
1 813 228 € Range: 956 019€ - 2 658 506€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 29 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 (Commerce de gros d'équipements automobiles)

Compare SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros d'équipements automobiles

Frequently asked questions about SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT

What is the revenue of SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT ?

The revenue of SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT in 2024 is 927 k€.

Is SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT profitable?

Yes, SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT generated a net profit of 5.6 M€ in 2024.

Where is the headquarters of SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT ?

The headquarters of SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT is located in CERISE (61000), in the department Orne.

Where to find the tax return of SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT ?

The tax return of SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT 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 DEVELOPPEMENT ET DE FINANCEMENT operate?

SOCIETE NORMANDE DE DEVELOPPEMENT ET DE FINANCEMENT operates in the sector Commerce de gros d'équipements automobiles (NAF code 45.31Z). See the 'Sector positioning' section above to compare the company with its competitors.