WORLDWIDE DECORATION SYSTEMS : revenue, balance sheet and financial ratios

WORLDWIDE DECORATION SYSTEMS is a French company founded 27 years ago, specialized in the sector Vente à distance sur catalogue général. Based in SAINT-MAURICE (94410), this company of category PME shows in 2023 a revenue of 12.6 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 - WORLDWIDE DECORATION SYSTEMS (SIREN 421380437)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 12 568 927 € 9 083 560 € 9 005 385 € 9 253 925 € 10 818 705 € 9 051 636 € 10 678 906 € 8 196 090 €
Net income 94 013 € 94 939 € 133 972 € 121 669 € 385 320 € 174 411 € 152 635 € 119 959 €
EBITDA 183 012 € 140 576 € 225 333 € 232 154 € 635 596 € 253 490 € 259 661 € 204 192 €
Net margin 0.7% 1.0% 1.5% 1.3% 3.6% 1.9% 1.4% 1.5%

Revenue and income statement

In 2023, WORLDWIDE DECORATION SYSTEMS achieves revenue of 12.6 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +6.3%. Vs 2022, growth of +38% (9.1 M€ -> 12.6 M€). After deducting consumption (2.5 M€), gross margin stands at 10.1 M€, i.e. a rate of 80%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 183 k€, representing 1.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 94 k€, i.e. 0.7% 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

12 568 927 €

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

10 114 594 €

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

183 012 €

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

124 964 €

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

94 013 €

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

1.5%

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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 91%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 20%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.0% 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

91.328%

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

20.415%

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

0.954%

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

7.874

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

38.1%

Solvency indicators evolution
WORLDWIDE DECORATION SYSTEMS

Sector positioning

Debt ratio
91.33 2023
2021
2022
2023
Q1: 0.0
Med: 0.5
Q3: 54.59
Average

In 2023, the debt ratio of WORLDWIDE DECORATION SYSTEMS (91.33) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
20.41% 2023
2021
2022
2023
Q1: 0.0%
Med: 18.48%
Q3: 51.91%
Good

In 2023, the financial autonomy of WORLDWIDE DECORATION SYSTEMS (20.4%) 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
7.87 years 2023
2021
2022
2023
Q1: -0.2 years
Med: 0.0 years
Q3: 0.17 years
Watch

In 2023, the repayment capacity of WORLDWIDE DECORATION SYSTEMS (7.87) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 155.13. 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 5.0x. Financial charges are adequately covered by operations.

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

155.13

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

4.954

Liquidity indicators evolution
WORLDWIDE DECORATION SYSTEMS

Sector positioning

Liquidity ratio
155.13 2023
2021
2022
2023
Q1: 92.37
Med: 168.72
Q3: 354.82
Average -13 pts over 3 years

In 2023, the liquidity ratio of WORLDWIDE DECORATION SYSTEMS (155.13) 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
4.95x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 0.02x
Excellent

In 2023, the interest coverage of WORLDWIDE DECORATION SYSTEMS (5.0x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 72 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 60 days. The company must finance 12 days of gap between collections and payments. Inventory turnover is 13 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 76 days of revenue, i.e. 2.6 M€ to permanently finance. Over 2016-2023, WCR increased by +114%, requiring additional financing.

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

2 643 622 €

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

72 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

60 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

13 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

76 j

WCR and payment terms evolution
WORLDWIDE DECORATION SYSTEMS

Positioning of WORLDWIDE DECORATION SYSTEMS in its sector

Comparison with sector Vente à distance sur catalogue général

Valuation estimate

Based on 121 transactions of similar company sales (all years), the value of WORLDWIDE DECORATION SYSTEMS is estimated at 1 380 087 € (range 740 526€ - 3 053 310€). With an EBITDA of 183 012€, the sector multiple of 3.2x is applied. The price/revenue ratio is 0.27x (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.

Estimated enterprise value 2023
121 transactions
740k€ 1380k€ 3053k€
1 380 087 € Range: 740 526€ - 3 053 310€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
183 012 € × 3.2x
Estimation 582 996 €
254 725€ - 1 350 187€
Revenue Multiple 30%
12 568 927 € × 0.27x
Estimation 3 393 126 €
1 967 045€ - 7 291 539€
Net Income Multiple 20%
94 013 € × 3.8x
Estimation 353 258 €
115 252€ - 953 777€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 121 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 (Vente à distance sur catalogue général)

Compare WORLDWIDE DECORATION SYSTEMS with other companies in the same sector:

Voir toutes les statistiques du secteur Vente à distance sur catalogue général

Frequently asked questions about WORLDWIDE DECORATION SYSTEMS

What is the revenue of WORLDWIDE DECORATION SYSTEMS ?

The revenue of WORLDWIDE DECORATION SYSTEMS in 2023 is 12.6 M€.

Is WORLDWIDE DECORATION SYSTEMS profitable?

Yes, WORLDWIDE DECORATION SYSTEMS generated a net profit of 94 k€ in 2023.

Where is the headquarters of WORLDWIDE DECORATION SYSTEMS ?

The headquarters of WORLDWIDE DECORATION SYSTEMS is located in SAINT-MAURICE (94410), in the department Val-de-Marne.

Where to find the tax return of WORLDWIDE DECORATION SYSTEMS ?

The tax return of WORLDWIDE DECORATION SYSTEMS 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 WORLDWIDE DECORATION SYSTEMS operate?

WORLDWIDE DECORATION SYSTEMS operates in the sector Vente à distance sur catalogue général (NAF code 47.91A). See the 'Sector positioning' section above to compare the company with its competitors.