SOCIETE ROCHELAISE D'ENROBES : revenue, balance sheet and financial ratios

SOCIETE ROCHELAISE D'ENROBES is a French company founded 54 years ago, specialized in the sector Fabrication d'autres produits minéraux non métalliques n.c.a.. Based in PERIGNY (17180), this company of category PME shows in 2021 a revenue of 383 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 ROCHELAISE D'ENROBES (SIREN 721780534)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 383 151 € 737 452 € 429 453 € 405 747 € 371 491 € 329 693 €
Net income 199 383 € 360 148 € 376 580 € 391 968 € 398 077 € 262 687 €
EBITDA -4 080 814 € -5 839 819 € -6 169 180 € -5 422 539 € -5 899 298 € -4 898 996 €
Net margin 52.0% 48.8% 87.7% 96.6% 107.2% 79.7%

Revenue and income statement

In 2021, SOCIETE ROCHELAISE D'ENROBES achieves revenue of 383 k€. Revenue is growing positively over 6 years (CAGR: +3.1%). Significant drop of -48% vs 2020. After deducting consumption (4.2 M€), gross margin stands at -3.8 M€, i.e. a rate of -986%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -4.1 M€, representing -1065.1% of revenue. Warning negative scissor effect: despite revenue change (-48%), EBITDA varies by +30%, reducing margin by 273.2 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 199 k€, i.e. 52.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

383 151 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

-3 776 781 €

EBITDA (2021) ?
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

-4 080 814 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

227 105 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

199 383 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-1065.1%

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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 981%. 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 7%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

980.808%

Financial autonomy (2021) ?
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

6.572%

Cash flow / Revenue (2021) ?
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

-1069.985%

Repayment capacity (2021) ?
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

-0.65

Asset age ratio (2021) ?
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

33.7%

Solvency indicators evolution
SOCIETE ROCHELAISE D'ENROBES

Sector positioning

Debt ratio
980.81 2021
2019
2020
2021
Q1: 0.0
Med: 6.79
Q3: 86.08
Watch

In 2021, the debt ratio of SOCIETE ROCHELAISE D'ENROBES (980.81) 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
6.57% 2021
2019
2020
2021
Q1: 9.38%
Med: 22.59%
Q3: 47.99%
Watch

In 2021, the financial autonomy of SOCIETE ROCHELAISE D'ENROBES (6.6%) 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
-0.65 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 1.1 years
Excellent

In 2021, the repayment capacity of SOCIETE ROCHELAISE D'ENROBES (-0.65) 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 185.49. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

185.489

Interest coverage (2021) ?
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

-0.644

Liquidity indicators evolution
SOCIETE ROCHELAISE D'ENROBES

Sector positioning

Liquidity ratio
185.49 2021
2019
2020
2021
Q1: 97.39
Med: 139.75
Q3: 230.91
Good +38 pts over 3 years

In 2021, the liquidity ratio of SOCIETE ROCHELAISE D'ENROBES (185.49) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
-0.64x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.35x
Q3: 3.08x
Average

In 2021, the interest coverage of SOCIETE ROCHELAISE D'ENROBES (-0.6x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 1079 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 103 days. The gap of 976 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 685 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 1903 days of revenue, i.e. 2.0 M€ to permanently finance.

Operating WCR (2021) ?
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

2 025 240 €

Customer credit (2021) ?
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

1079 j

Supplier credit (2021) ?
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

103 j

Inventory turnover (2021) ?
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

685 j

WCR in days of revenue (2021) ?
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

1903 j

WCR and payment terms evolution
SOCIETE ROCHELAISE D'ENROBES

Positioning of SOCIETE ROCHELAISE D'ENROBES 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 ROCHELAISE D'ENROBES is estimated at 173 605 € (range 58 763€ - 429 640€). 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 2021
228 transactions
58k€ 173k€ 429k€
173 605 € Range: 58 763€ - 429 640€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
383 151 € × 0.13x
Estimation 49 079 €
33 857€ - 145 941€
Net Income Multiple 20%
199 383 € × 1.8x
Estimation 360 397 €
96 124€ - 855 189€
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 ROCHELAISE D'ENROBES 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 ROCHELAISE D'ENROBES

What is the revenue of SOCIETE ROCHELAISE D'ENROBES ?

The revenue of SOCIETE ROCHELAISE D'ENROBES in 2021 is 383 k€.

Is SOCIETE ROCHELAISE D'ENROBES profitable?

Yes, SOCIETE ROCHELAISE D'ENROBES generated a net profit of 199 k€ in 2021.

Where is the headquarters of SOCIETE ROCHELAISE D'ENROBES ?

The headquarters of SOCIETE ROCHELAISE D'ENROBES is located in PERIGNY (17180), in the department Charente-Maritime.

Where to find the tax return of SOCIETE ROCHELAISE D'ENROBES ?

The tax return of SOCIETE ROCHELAISE D'ENROBES 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 ROCHELAISE D'ENROBES operate?

SOCIETE ROCHELAISE D'ENROBES 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.