VARGIN TERRASSEMENT : revenue, balance sheet and financial ratios

VARGIN TERRASSEMENT is a French company founded 17 years ago, specialized in the sector Activités de soutien aux cultures. Based in LORGUES (83510), this company of category PME shows in 2021 a revenue of 1.4 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 - VARGIN TERRASSEMENT (SIREN 511731762)
Indicator 2024 2023 2022 2021 2020 2019 2018 2016
Revenue N/C N/C N/C 1 383 579 € 1 140 077 € 1 129 732 € 1 128 388 € N/C
Net income 0 € 0 € 0 € 28 427 € 1 154 € 819 € 2 033 € 0 €
EBITDA N/C N/C N/C 76 819 € -10 945 € 24 049 € -24 824 € N/C
Net margin N/C N/C N/C 2.1% 0.1% 0.1% 0.2% N/C

Revenue and income statement

In 2024, VARGIN TERRASSEMENT records a net loss of 0 €. This deficit will reduce equity on the balance sheet. Change over 2018-2021: 2 k€ -> 0 €.

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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 95%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 34%. The balance between equity and debt is satisfactory.

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

95.149%

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

33.504%

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

26.7%

Solvency indicators evolution
VARGIN TERRASSEMENT

Sector positioning

Debt ratio
95.15 2024
2022
2023
2024
Q1: 22.12
Med: 130.61
Q3: 377.99
Good +12 pts over 3 years

In 2024, the debt ratio of VARGIN TERRASSEMENT (95.15) 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
33.5% 2024
2022
2023
2024
Q1: 10.98%
Med: 27.37%
Q3: 48.44%
Good +16 pts over 3 years

In 2024, the financial autonomy of VARGIN TERRASSEMENT (33.5%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 126.50. 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

126.5

Liquidity indicators evolution
VARGIN TERRASSEMENT

Sector positioning

Liquidity ratio
126.5 2024
2022
2023
2024
Q1: 107.3
Med: 189.85
Q3: 351.98
Average -7 pts over 3 years

In 2024, the liquidity ratio of VARGIN TERRASSEMENT (126.50) 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.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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

0 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 and payment terms evolution
VARGIN TERRASSEMENT

Positioning of VARGIN TERRASSEMENT in its sector

Comparison with sector Activités de soutien aux cultures

Similar companies (Activités de soutien aux cultures)

Compare VARGIN TERRASSEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Activités de soutien aux cultures

Frequently asked questions about VARGIN TERRASSEMENT

What is the revenue of VARGIN TERRASSEMENT ?

The revenue of VARGIN TERRASSEMENT in 2021 is 1.4 M€.

Is VARGIN TERRASSEMENT profitable?

Yes, VARGIN TERRASSEMENT generated a net profit of 28 k€ in 2021.

Where is the headquarters of VARGIN TERRASSEMENT ?

The headquarters of VARGIN TERRASSEMENT is located in LORGUES (83510), in the department Var.

Where to find the tax return of VARGIN TERRASSEMENT ?

The tax return of VARGIN TERRASSEMENT 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 VARGIN TERRASSEMENT operate?

VARGIN TERRASSEMENT operates in the sector Activités de soutien aux cultures (NAF code 01.61Z). See the 'Sector positioning' section above to compare the company with its competitors.