TENARIS GLOBAL SERVICES FRANCE SARL : revenue, balance sheet and financial ratios

TENARIS GLOBAL SERVICES FRANCE SARL is a French company founded 37 years ago, specialized in the sector Promotion immobilière de bureaux. Based in PARIS (75016), this company of category PME shows in 2024 a revenue of 23 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 - TENARIS GLOBAL SERVICES FRANCE SARL (SIREN 350703526)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 23 343 € 24 719 € 51 000 € 85 495 € 332 821 € 89 878 € 100 082 € 22 044 € 113 €
Net income 29 802 € 39 169 € 51 433 € 85 319 € 184 243 € 20 801 € 51 717 € 35 950 € -654 €
EBITDA -260 242 € -274 047 € -592 969 € -923 423 € -1 377 339 € -1 415 687 € -1 645 242 € -1 682 310 € -1 529 208 €
Net margin 127.7% 158.5% 100.8% 99.8% 55.4% 23.1% 51.7% 163.1% -578.8%

Revenue and income statement

In 2024, TENARIS GLOBAL SERVICES FRANCE SARL achieves revenue of 23 k€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +94.7%. Slight decline of -6% vs 2023. After deducting consumption (0 €), gross margin stands at 23 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 -260 k€, representing -1114.9% of revenue. Warning negative scissor effect: despite revenue change (-6%), EBITDA varies by +5%, reducing margin by 6.2 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 30 k€, i.e. 127.7% 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

23 343 €

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

23 343 €

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

-260 242 €

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

23 574 €

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

29 802 €

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

-1114.9%

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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 88%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

1.254%

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

88.037%

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

-1088.986%

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

-0.037

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

6.6%

Solvency indicators evolution
TENARIS GLOBAL SERVICES FRANCE SARL

Sector positioning

Debt ratio
1.25 2024
2022
2023
2024
Q1: 0.0
Med: 7.32
Q3: 146.65
Good

In 2024, the debt ratio of TENARIS GLOBAL SERVICES F... (1.25) 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
88.04% 2024
2022
2023
2024
Q1: 1.14%
Med: 22.62%
Q3: 50.81%
Excellent

In 2024, the financial autonomy of TENARIS GLOBAL SERVICES F... (88.0%) 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
-0.04 years 2024
2022
2023
2024
Q1: -1.2 years
Med: 0.0 years
Q3: 1.13 years
Good

In 2024, the repayment capacity of TENARIS GLOBAL SERVICES F... (-0.04) 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 891.32. 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

891.318

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

-3.718

Liquidity indicators evolution
TENARIS GLOBAL SERVICES FRANCE SARL

Sector positioning

Liquidity ratio
891.32 2024
2022
2023
2024
Q1: 132.88
Med: 245.31
Q3: 892.78
Good +18 pts over 3 years

In 2024, the liquidity ratio of TENARIS GLOBAL SERVICES F... (891.32) 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
-3.72x 2024
2022
2023
2024
Q1: -10.51x
Med: 0.0x
Q3: 3.62x
Average -9 pts over 3 years

In 2024, the interest coverage of TENARIS GLOBAL SERVICES F... (-3.7x) 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: 4729 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 27 days. The gap of 4702 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 9680 days of revenue, i.e. 628 k€ to permanently finance. Notable WCR improvement over the period (-78%), 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

627 682 €

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

4729 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

27 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

9680 j

WCR and payment terms evolution
TENARIS GLOBAL SERVICES FRANCE SARL

Positioning of TENARIS GLOBAL SERVICES FRANCE SARL in its sector

Comparison with sector Promotion immobilière de bureaux

Valuation estimate

Based on 80 transactions of similar company sales (all years), the value of TENARIS GLOBAL SERVICES FRANCE SARL is estimated at 31 914 € (range 10 105€ - 86 665€). The price/revenue ratio is 0.28x (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 2024
80 tx
10k€ 31k€ 86k€
31 914 € Range: 10 105€ - 86 665€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
23 343 € × 0.28x
Estimation 6 530 €
2 348€ - 16 061€
Net Income Multiple 20%
29 802 € × 2.3x
Estimation 69 990 €
21 742€ - 192 571€
How is this estimate calculated?

This estimate is based on the analysis of 80 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 (Promotion immobilière de bureaux)

Compare TENARIS GLOBAL SERVICES FRANCE SARL with other companies in the same sector:

Voir toutes les statistiques du secteur Promotion immobilière de bureaux

Frequently asked questions about TENARIS GLOBAL SERVICES FRANCE SARL

What is the revenue of TENARIS GLOBAL SERVICES FRANCE SARL ?

The revenue of TENARIS GLOBAL SERVICES FRANCE SARL in 2024 is 23 k€.

Is TENARIS GLOBAL SERVICES FRANCE SARL profitable?

Yes, TENARIS GLOBAL SERVICES FRANCE SARL generated a net profit of 30 k€ in 2024.

Where is the headquarters of TENARIS GLOBAL SERVICES FRANCE SARL ?

The headquarters of TENARIS GLOBAL SERVICES FRANCE SARL is located in PARIS (75016), in the department Paris.

Where to find the tax return of TENARIS GLOBAL SERVICES FRANCE SARL ?

The tax return of TENARIS GLOBAL SERVICES FRANCE SARL 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 TENARIS GLOBAL SERVICES FRANCE SARL operate?

TENARIS GLOBAL SERVICES FRANCE SARL operates in the sector Promotion immobilière de bureaux (NAF code 41.10B). See the 'Sector positioning' section above to compare the company with its competitors.