STE NOUVELLE LECROART PEINTURES : revenue, balance sheet and financial ratios

STE NOUVELLE LECROART PEINTURES is a French company founded 23 years ago, specialized in the sector Travaux de peinture et vitrerie. Based in BRUAY-SUR-L'ESCAUT (59860), this company of category PME shows in 2023 a revenue of 1.9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - STE NOUVELLE LECROART PEINTURES (SIREN 444454110)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 889 243 € 1 883 169 € 1 909 565 € 1 952 206 € 2 055 122 € 2 092 633 € 2 127 942 € N/C
Net income 35 955 € 36 675 € 78 724 € 77 951 € 54 684 € 59 082 € 84 082 € 160 579 €
EBITDA 50 480 € 68 794 € 93 323 € 100 384 € 75 346 € 90 680 € 58 571 € N/C
Net margin 1.9% 1.9% 4.1% 4.0% 2.7% 2.8% 4.0% N/C

Revenue and income statement

In 2023, STE NOUVELLE LECROART PEINTURES achieves revenue of 1.9 M€. Activity remains stable over the period (CAGR: -2.0%). Vs 2022: +0%. After deducting consumption (823 k€), gross margin stands at 1.1 M€, i.e. a rate of 56%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 50 k€, representing 2.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 36 k€, i.e. 1.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 889 243 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 066 545 €

EBITDA (2023) ?
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

50 480 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

37 990 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

35 955 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.7%

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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 1%. 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 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

1.074%

Financial autonomy (2023) ?
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

36.318%

Cash flow / Revenue (2023) ?
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

2.556%

Repayment capacity (2023) ?
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

0.223

Asset age ratio (2023) ?
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

3.4%

Solvency indicators evolution
STE NOUVELLE LECROART PEINTURES

Sector positioning

Debt ratio
1.07 2023
2021
2022
2023
Q1: 0.03
Med: 11.64
Q3: 45.82
Good

In 2023, the debt ratio of STE NOUVELLE LECROART PEI... (1.07) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
36.32% 2023
2021
2022
2023
Q1: 3.68%
Med: 28.84%
Q3: 52.32%
Good -18 pts over 3 years

In 2023, the financial autonomy of STE NOUVELLE LECROART PEI... (36.3%) 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
0.22 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.82 years
Average

In 2023, the repayment capacity of STE NOUVELLE LECROART PEI... (0.22) 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 156.06. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

156.057

Interest coverage (2023) ?
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

0.0

Liquidity indicators evolution
STE NOUVELLE LECROART PEINTURES

Sector positioning

Liquidity ratio
156.06 2023
2021
2022
2023
Q1: 142.86
Med: 206.11
Q3: 314.41
Average -45 pts over 3 years

In 2023, the liquidity ratio of STE NOUVELLE LECROART PEI... (156.06) 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
0.0x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.37x
Average -30 pts over 3 years

In 2023, the interest coverage of STE NOUVELLE LECROART PEI... (0.0x) 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: 309 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 448 days. Excellent situation: suppliers finance 139 days of the operating cycle (retail model). Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 370 days of revenue, i.e. 1.9 M€ to permanently finance.

Operating WCR (2023) ?
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

1 939 213 €

Customer credit (2023) ?
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

309 j

Supplier credit (2023) ?
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

448 j

Inventory turnover (2023) ?
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

3 j

WCR in days of revenue (2023) ?
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

370 j

WCR and payment terms evolution
STE NOUVELLE LECROART PEINTURES

Positioning of STE NOUVELLE LECROART PEINTURES in its sector

Comparison with sector Travaux de peinture et vitrerie

Valuation estimate

Based on 88 transactions of similar company sales (all years), the value of STE NOUVELLE LECROART PEINTURES is estimated at 192 851 € (range 75 603€ - 341 227€). With an EBITDA of 50 480€, the sector multiple of 2.7x is applied. The price/revenue ratio is 0.18x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2023
88 tx
75k€ 192k€ 341k€
192 851 € Range: 75 603€ - 341 227€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
50 480 € × 2.7x
Estimation 137 011 €
41 478€ - 237 129€
Revenue Multiple 30%
1 889 243 € × 0.18x
Estimation 343 203 €
157 916€ - 606 469€
Net Income Multiple 20%
35 955 € × 3.0x
Estimation 106 927 €
37 446€ - 203 611€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 88 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 (Travaux de peinture et vitrerie)

Compare STE NOUVELLE LECROART PEINTURES with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de peinture et vitrerie

Frequently asked questions about STE NOUVELLE LECROART PEINTURES

What is the revenue of STE NOUVELLE LECROART PEINTURES ?

The revenue of STE NOUVELLE LECROART PEINTURES in 2023 is 1.9 M€.

Is STE NOUVELLE LECROART PEINTURES profitable?

Yes, STE NOUVELLE LECROART PEINTURES generated a net profit of 36 k€ in 2023.

Where is the headquarters of STE NOUVELLE LECROART PEINTURES ?

The headquarters of STE NOUVELLE LECROART PEINTURES is located in BRUAY-SUR-L'ESCAUT (59860), in the department Nord.

Where to find the tax return of STE NOUVELLE LECROART PEINTURES ?

The tax return of STE NOUVELLE LECROART PEINTURES 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 STE NOUVELLE LECROART PEINTURES operate?

STE NOUVELLE LECROART PEINTURES operates in the sector Travaux de peinture et vitrerie (NAF code 43.34Z). See the 'Sector positioning' section above to compare the company with its competitors.