STAL INDUSTRIE : revenue, balance sheet and financial ratios

STAL INDUSTRIE is a French company founded 39 years ago, specialized in the sector Fabrication de meubles de bureau et de magasin. Based in ROMORANTIN-LANTHENAY (41200), this company of category PME shows in 2022 a revenue of 12.1 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 - STAL INDUSTRIE (SIREN 338224629)
Indicator 2022 2018 2017 2016 2015 2014 2013 2012
Revenue 12 135 773 € 16 720 448 € 16 920 106 € 18 521 843 € 12 363 931 € 13 752 954 € 10 064 832 € 12 064 130 €
Net income 643 979 € 177 146 € 174 781 € 186 911 € 492 325 € 216 988 € 296 637 € 513 534 €
EBITDA -751 687 € 492 497 € 689 652 € 622 276 € 1 150 637 € 762 784 € 661 535 € 1 284 517 €
Net margin 5.3% 1.1% 1.0% 1.0% 4.0% 1.6% 2.9% 4.3%

Revenue and income statement

In 2022, STAL INDUSTRIE achieves revenue of 12.1 M€. Revenue is growing positively over 8 years (CAGR: +0.1%). Significant drop of -27% vs 2018. After deducting consumption (3.4 M€), gross margin stands at 8.7 M€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -752 k€, representing -6.2% of revenue. Warning negative scissor effect: despite revenue change (-27%), EBITDA varies by -253%, reducing margin by 9.1 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 644 k€, i.e. 5.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

12 135 773 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

8 720 312 €

EBITDA (2022) ?
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

-751 687 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-1 174 552 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

643 979 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-6.2%

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 135%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 27%. The balance between equity and debt is satisfactory.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

135.132%

Financial autonomy (2022) ?
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

27.113%

Cash flow / Revenue (2022) ?
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

-8.13%

Repayment capacity (2022) ?
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

-2.988

Asset age ratio (2022) ?
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

38.7%

Solvency indicators evolution
STAL INDUSTRIE

Sector positioning

Debt ratio
135.13 2022
2017
2018
2022
Q1: 10.35
Med: 33.79
Q3: 86.25
Watch

In 2022, the debt ratio of STAL INDUSTRIE (135.13) 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
27.11% 2022
2017
2018
2022
Q1: 21.92%
Med: 39.14%
Q3: 56.61%
Average

In 2022, the financial autonomy of STAL INDUSTRIE (27.1%) 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
-2.99 years 2022
2017
2018
2022
Q1: 0.0 years
Med: 0.89 years
Q3: 3.01 years
Excellent -50 pts over 3 years

In 2022, the repayment capacity of STAL INDUSTRIE (-2.99) 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 160.96. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

160.957

Interest coverage (2022) ?
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

-13.279

Liquidity indicators evolution
STAL INDUSTRIE

Sector positioning

Liquidity ratio
160.96 2022
2017
2018
2022
Q1: 163.37
Med: 220.17
Q3: 311.14
Watch

In 2022, the liquidity ratio of STAL INDUSTRIE (160.96) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-13.28x 2022
2017
2018
2022
Q1: 0.14x
Med: 1.36x
Q3: 5.51x
Watch -51 pts over 3 years

In 2022, the interest coverage of STAL INDUSTRIE (-13.3x) 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: 40 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 55 days. Favorable situation: supplier credit is longer than customer credit by 15 days. Inventory turnover is 96 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 134 days of revenue, i.e. 4.5 M€ to permanently finance. Over 2012-2022, WCR increased by +69%, requiring additional financing.

Operating WCR (2022) ?
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

4 511 959 €

Customer credit (2022) ?
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

40 j

Supplier credit (2022) ?
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

55 j

Inventory turnover (2022) ?
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

96 j

WCR in days of revenue (2022) ?
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

134 j

WCR and payment terms evolution
STAL INDUSTRIE

Positioning of STAL INDUSTRIE in its sector

Comparison with sector Fabrication de meubles de bureau et de magasin

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 1 586 745€ to 6 012 738€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2022
Indicative
1586k€ 3424k€ 6012k€
3 424 662 € Range: 1 586 745€ - 6 012 738€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 40 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 meubles de bureau et de magasin)

Compare STAL INDUSTRIE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de meubles de bureau et de magasin

Frequently asked questions about STAL INDUSTRIE

What is the revenue of STAL INDUSTRIE ?

The revenue of STAL INDUSTRIE in 2022 is 12.1 M€.

Is STAL INDUSTRIE profitable?

Yes, STAL INDUSTRIE generated a net profit of 644 k€ in 2022.

Where is the headquarters of STAL INDUSTRIE ?

The headquarters of STAL INDUSTRIE is located in ROMORANTIN-LANTHENAY (41200), in the department Loir-et-Cher.

Where to find the tax return of STAL INDUSTRIE ?

The tax return of STAL INDUSTRIE 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 STAL INDUSTRIE operate?

STAL INDUSTRIE operates in the sector Fabrication de meubles de bureau et de magasin (NAF code 31.01Z). See the 'Sector positioning' section above to compare the company with its competitors.