TIR TECHNOLOGIES TOILES INDUS RHIN TECHN : revenue, balance sheet and financial ratios

TIR TECHNOLOGIES TOILES INDUS RHIN TECHN is a French company founded 23 years ago, specialized in the sector Fabrication de portes et fenêtres en métal. Based in KILSTETT (67840), this company of category ETI shows in 2022 a revenue of 94.9 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 - TIR TECHNOLOGIES TOILES INDUS RHIN TECHN (SIREN 442833935)
Indicator 2022 2021 2020 2019 2017 2016
Revenue 94 907 346 € 95 247 252 € 66 440 849 € 63 019 279 € 48 507 151 € 40 529 981 €
Net income 7 065 954 € 11 207 597 € 5 911 266 € 3 565 735 € 2 165 268 € 913 113 €
EBITDA 12 109 214 € 18 432 587 € 10 252 671 € 7 012 457 € 4 700 378 € 1 883 663 €
Net margin 7.4% 11.8% 8.9% 5.7% 4.5% 2.3%

Revenue and income statement

In 2022, TIR TECHNOLOGIES TOILES INDUS RHIN TECHN achieves revenue of 94.9 M€. Over the period 2016-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +15.2%. Slight decline of -0% vs 2021. After deducting consumption (41.8 M€), gross margin stands at 53.1 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 12.1 M€, representing 12.8% of revenue. Warning negative scissor effect: despite revenue change (-0%), EBITDA varies by -34%, reducing margin by 6.6 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 7.1 M€, i.e. 7.4% 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

94 907 346 €

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

53 147 131 €

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

12 109 214 €

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

10 824 439 €

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

7 065 954 €

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

12.8%

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 30%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 60%. 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 1.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

30.417%

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

59.874%

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

9.173%

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

1.08

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

60.1%

Solvency indicators evolution
TIR TECHNOLOGIES TOILES INDUS RHIN TECHN

Sector positioning

Debt ratio
30.42 2022
2020
2021
2022
Q1: 7.61
Med: 34.6
Q3: 76.52
Good

In 2022, the debt ratio of TIR TECHNOLOGIES TOILES I... (30.42) 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
59.87% 2022
2020
2021
2022
Q1: 22.39%
Med: 38.95%
Q3: 55.26%
Excellent +6 pts over 3 years

In 2022, the financial autonomy of TIR TECHNOLOGIES TOILES I... (59.9%) 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
1.08 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.95 years
Q3: 2.68 years
Average

In 2022, the repayment capacity of TIR TECHNOLOGIES TOILES I... (1.08) 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 388.84. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.

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

388.843

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

0.848

Liquidity indicators evolution
TIR TECHNOLOGIES TOILES INDUS RHIN TECHN

Sector positioning

Liquidity ratio
388.84 2022
2020
2021
2022
Q1: 159.21
Med: 225.81
Q3: 309.04
Excellent +5 pts over 3 years

In 2022, the liquidity ratio of TIR TECHNOLOGIES TOILES I... (388.84) 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
0.85x 2022
2020
2021
2022
Q1: 0.01x
Med: 1.32x
Q3: 4.37x
Average -8 pts over 3 years

In 2022, the interest coverage of TIR TECHNOLOGIES TOILES I... (0.8x) 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: 26 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 23 days. The company must finance 3 days of gap between collections and payments. Inventory turnover is 83 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 97 days of revenue, i.e. 25.6 M€ to permanently finance. Over 2016-2022, WCR increased by +172%, 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

25 569 937 €

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

26 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

23 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

83 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

97 j

WCR and payment terms evolution
TIR TECHNOLOGIES TOILES INDUS RHIN TECHN

Positioning of TIR TECHNOLOGIES TOILES INDUS RHIN TECHN in its sector

Comparison with sector Fabrication de portes et fenêtres en métal

Valuation estimate

Based on 75 transactions of similar company sales (all years), the value of TIR TECHNOLOGIES TOILES INDUS RHIN TECHN is estimated at 15 753 210 € (range 8 088 062€ - 31 085 575€). With an EBITDA of 12 109 214€, the sector multiple of 1.2x is applied. The price/revenue ratio is 0.16x (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 2022
75 tx
8088k€ 15753k€ 31085k€
15 753 210 € Range: 8 088 062€ - 31 085 575€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
12 109 214 € × 1.2x
Estimation 15 124 782 €
8 204 205€ - 31 503 823€
Revenue Multiple 30%
94 907 346 € × 0.16x
Estimation 14 775 744 €
6 727 568€ - 21 489 604€
Net Income Multiple 20%
7 065 954 € × 2.7x
Estimation 18 790 482 €
9 838 445€ - 44 433 915€
How is this estimate calculated?

This estimate is based on the analysis of 75 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 portes et fenêtres en métal)

Compare TIR TECHNOLOGIES TOILES INDUS RHIN TECHN with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de portes et fenêtres en métal

Frequently asked questions about TIR TECHNOLOGIES TOILES INDUS RHIN TECHN

What is the revenue of TIR TECHNOLOGIES TOILES INDUS RHIN TECHN ?

The revenue of TIR TECHNOLOGIES TOILES INDUS RHIN TECHN in 2022 is 94.9 M€.

Is TIR TECHNOLOGIES TOILES INDUS RHIN TECHN profitable?

Yes, TIR TECHNOLOGIES TOILES INDUS RHIN TECHN generated a net profit of 7.1 M€ in 2022.

Where is the headquarters of TIR TECHNOLOGIES TOILES INDUS RHIN TECHN ?

The headquarters of TIR TECHNOLOGIES TOILES INDUS RHIN TECHN is located in KILSTETT (67840), in the department Bas-Rhin.

Where to find the tax return of TIR TECHNOLOGIES TOILES INDUS RHIN TECHN ?

The tax return of TIR TECHNOLOGIES TOILES INDUS RHIN TECHN 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 TIR TECHNOLOGIES TOILES INDUS RHIN TECHN operate?

TIR TECHNOLOGIES TOILES INDUS RHIN TECHN operates in the sector Fabrication de portes et fenêtres en métal (NAF code 25.12Z). See the 'Sector positioning' section above to compare the company with its competitors.