ETS TETARD HAUDIQUEZ GRISONI : revenue, balance sheet and financial ratios

ETS TETARD HAUDIQUEZ GRISONI is a French company founded 70 years ago, specialized in the sector Fabrication d'autres articles de robinetterie. Based in BETHENCOURT-SUR-MER (80130), this company of category PME shows in 2024 a revenue of 35.4 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

Historique financier - ETS TETARD HAUDIQUEZ GRISONI (SIREN 615680113)
Kennzahl 2024 2023 2022 2021 2020 2019 2018 2017 2016
Umsatz 35 383 698 € 39 671 822 € 35 982 946 € 31 622 489 € 28 953 354 € 31 567 591 € 31 828 207 € 31 829 923 € 31 939 517 €
Nettoergebnis 4 051 998 € 5 613 920 € 3 286 264 € 2 602 856 € 1 981 214 € 1 480 916 € 1 583 194 € 2 398 618 € 2 632 757 €
EBITDA 7 263 715 € 7 765 322 € 6 675 801 € 5 276 981 € 5 714 672 € 3 061 524 € 2 956 988 € 5 689 171 € 4 620 510 €
Nettomarge 11.5% 14.2% 9.1% 8.2% 6.8% 4.7% 5.0% 7.5% 8.2%

Umsatz und Gewinn- und Verlustrechnung

In 2024, ETS TETARD HAUDIQUEZ GRISONI achieves revenue of 35.4 M€. Revenue is growing positively over 9 years (CAGR: +1.3%). Significant drop of -11% vs 2023. After deducting consumption (5.8 M€), gross margin stands at 29.6 M€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 7.3 M€, representing 20.5% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 4.1 M€, i.e. 11.5% of revenue. This profit can be retained or distributed to shareholders.

Umsatz (2024) ?
Umsatz
Definition
Gesamtbetrag der Verkäufe von Waren und Dienstleistungen des Unternehmens.
Formel
Warenverkäufe + Verkaufte Produktion

35 383 698 €

Bruttomarge (2024) ?
Bruttomarge
Definition
Differenz zwischen Umsatz und Wareneinsatz.
Formel
Umsatz - Wareneinsatz

29 600 580 €

EBITDA (2024) ?
EBITDA (Betriebsergebnis vor Abschreibungen)
Definition
Ressource générée par l'activité courante, avant amortissements et charges financières.
Formel
Wertschöpfung - Personalkosten - Steuern
Interpretation
Positiv = rentable Tätigkeit

7 263 715 €

EBIT (2024) ?
EBIT (Betriebsergebnis)
Definition
Betriebsergebnis, einschließlich Abschreibungen und Rückstellungen.
Formel
EBITDA - Abschreibungen und Rückstellungen + Auflösungen

5 410 459 €

Nettoergebnis (2024) ?
Nettoergebnis
Definition
Bénéfice ou perte après toutes les charges, y compris impôts et éléments exceptionnels.
Formel
Ordentliches Ergebnis + Außerordentliches Ergebnis - Ertragsteuern

4 051 998 €

EBITDA-Marge (2024) ?
EBITDA-Marge
Definition
Misst die operative Rentabilität des Unternehmens.
Formel
(EBE / CA) x 100
Interpretation
> 10% : Gute Rentabilität
5-10% : Durchschnitt
< 5% : Faible

20.5%

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Solvenz- und Verschuldungskennzahlen

The debt ratio (= Financial debt / Equity x 100) stands at 7%. 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 79%. 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 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 13.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Verschuldungsgrad (2024) ?
Verschuldungsgrad
Definition
Misst das Verhältnis von Schulden zu Eigenkapital.
Formel
(Finanzschulden / Eigenkapital) x 100
Interpretation
< 50% : Faible
50-100% : Moderat
> 100% : Hoch

6.862%

Finanzielle Autonomie (2024) ?
Finanzielle Autonomie
Definition
Anteil des Eigenkapitals an der Gesamtfinanzierung.
Formel
(Eigenkapital / Bilanzsumme) x 100
Interpretation
> 30% : Gute Autonomie
20-30% : Durchschnitt
< 20% : Faible

78.501%

Cashflow / Umsatz (2024) ?
Cashflow / Umsatz
Definition
Capacité d'autofinancement rapportée au chiffre d'affaires.
Formel
(CAF / CA) x 100
Interpretation
Je höher das Verhältnis, desto mehr Liquidität generiert das Unternehmen

12.993%

Rückzahlungsfähigkeit (2024) ?
Rückzahlungsfähigkeit
Definition
Anzahl der Jahre zur Schuldenrückzahlung mit dem Cashflow.
Formel
Dettes financières / CAF
Interpretation
< 3 Jahre : Ausgezeichnet
3-5 Jahre : Angemessen
> 5 Jahre : Attention

0.435

Anlagenaltersquote (2024) ?
Anlagenaltersquote
Definition
Misst den Abnutzungsgrad des Sachanlagevermögens.
Formel
Kumulierte Abschreibungen / Bruttoanlagevermögen x 100
Interpretation
< 50% : Neue Anlagen
50-70% : Normale Abnutzung
> 70% : Alternde Anlagen

12.0%

Entwicklung der Solvenzkennzahlen
ETS TETARD HAUDIQUEZ GRISONI

Positionnement sectoriel

Debt ratio
6.86 2024
2022
2023
2024
Q1: 1.41
Méd: 11.15
Q3: 49.41
Good +10 pts über 3 Jahre

In 2024, the debt ratio of ETS TETARD HAUDIQUEZ GRISONI (6.86) 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
78.5% 2024
2022
2023
2024
Q1: 33.0%
Méd: 54.96%
Q3: 70.68%
Excellent

In 2024, the financial autonomy of ETS TETARD HAUDIQUEZ GRISONI (78.5%) 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
0.43 years 2024
2022
2023
2024
Q1: 0.0 years
Méd: 0.28 years
Q3: 1.79 years
Average +20 pts über 3 Jahre

In 2024, the repayment capacity of ETS TETARD HAUDIQUEZ GRISONI (0.43) 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.

Liquiditätskennzahlen

The liquidity ratio (= Current assets / Current liabilities) stands at 613.00. 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 4.7x. Financial charges are adequately covered by operations.

Liquiditätsquote (2024) ?
Liquiditätsquote
Definition
Fähigkeit, kurzfristige Schulden mit dem Umlaufvermögen zu decken.
Formel
Umlaufvermögen / Kurzfristige Verbindlichkeiten
Interpretation
> 1.5 : Sehr gut
1-1.5 : Angemessen
< 1 : Risque de liquidité

612.998

Zinsdeckung (2024) ?
Zinsdeckung
Definition
Fähigkeit, Zinsaufwendungen mit dem Betriebsergebnis zu decken.
Formel
EBIT / Zinsaufwendungen
Interpretation
> 3 : Komfortabel
1.5-3 : Acceptable
< 1.5 : Risiko

4.719

Entwicklung der Liquiditätskennzahlen
ETS TETARD HAUDIQUEZ GRISONI

Positionnement sectoriel

Liquidity ratio
613.0 2024
2022
2023
2024
Q1: 194.53
Méd: 300.65
Q3: 399.48
Excellent

In 2024, the liquidity ratio of ETS TETARD HAUDIQUEZ GRISONI (613.00) 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
4.72x 2024
2022
2023
2024
Q1: 0.02x
Méd: 1.87x
Q3: 6.99x
Good

In 2024, the interest coverage of ETS TETARD HAUDIQUEZ GRISONI (4.7x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Umlaufvermögensbedarf und Zahlungsfristen

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 21 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 66 days. Excellent situation: suppliers finance 45 days of the operating cycle (retail model). Inventory turnover is 127 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 162 days of revenue, i.e. 16.0 M€ to permanently finance. Over 2016-2024, WCR increased by +42%, requiring additional financing.

Operatives Working Capital (2024) ?
Operatives Working Capital
Definition
Besoin de financement généré par le cycle d'exploitation (stocks + créances - dettes fournisseurs).
Formel
Stocks + Créances clients - Dettes fournisseurs
Interpretation
Negativ = freigesetzte Liquidität
Positiv = Finanzierungsbedarf

15 955 217 €

Kundenforderungen (2024) ?
Kundenforderungen (Tage)
Definition
Durchschnittliche Zahlungsfrist für Kunden.
Formel
(Kundenforderungen / Umsatz inkl. MwSt.) x 360
Interpretation
< 45j : Gut
45-60j : Durchschnitt
> 60j : Lang

21 j

Lieferantenverbindlichkeiten (2024) ?
Lieferantenverbindlichkeiten (Tage)
Definition
Durchschnittliche Zahlungsfrist von Lieferanten.
Formel
(Lieferantenverbindlichkeiten / Einkäufe inkl. MwSt.) x 360
Interpretation
Je länger die Frist, desto besser für die Liquidität

66 j

Lagerumschlag (2024) ?
Lagerumschlag (Tage)
Definition
Durchschnittliche Lagerdauer für Waren oder Materialien.
Formel
(Vorräte / Einkaufskosten) x 360
Interpretation
Je niedriger das Verhältnis, desto schneller der Umschlag

127 j

Working Capital in Umsatztagen (2024) ?
Working Capital in Umsatztagen
Definition
Drückt den Betriebskapitalbedarf in Umsatztagen aus.
Formel
(BFR exploitation / CA) x 360
Interpretation
Je weniger Tage, desto besser das Working Capital Management

162 j

Entwicklung des Working Capital und der Zahlungsfristen
ETS TETARD HAUDIQUEZ GRISONI

Positionnement de ETS TETARD HAUDIQUEZ GRISONI dans son secteur

Vergleich mit der Branche Fabrication d'autres articles de robinetterie

Bewertungsschätzung

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 3 938 198€ to 18 599 873€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
3938k€ 8932k€ 18599k€
8 932 171 € Range: 3 938 198€ - 18 599 873€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 37 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 d'autres articles de robinetterie)

Compare ETS TETARD HAUDIQUEZ GRISONI with other companies in the same sector:

Frequently asked questions about ETS TETARD HAUDIQUEZ GRISONI

What is the revenue of ETS TETARD HAUDIQUEZ GRISONI ?

The revenue of ETS TETARD HAUDIQUEZ GRISONI in 2024 is 35.4 M€.

Is ETS TETARD HAUDIQUEZ GRISONI profitable?

Yes, ETS TETARD HAUDIQUEZ GRISONI generated a net profit of 4.1 M€ in 2024.

Where is the headquarters of ETS TETARD HAUDIQUEZ GRISONI ?

The headquarters of ETS TETARD HAUDIQUEZ GRISONI is located in BETHENCOURT-SUR-MER (80130), in the department Somme.

Where to find the tax return of ETS TETARD HAUDIQUEZ GRISONI ?

The tax return of ETS TETARD HAUDIQUEZ GRISONI 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 ETS TETARD HAUDIQUEZ GRISONI operate?

ETS TETARD HAUDIQUEZ GRISONI operates in the sector Fabrication d'autres articles de robinetterie (NAF code 28.14Z). See the 'Sector positioning' section above to compare the company with its competitors.