2LTP : revenue, balance sheet and financial ratios

2LTP is a French company founded 19 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in TRIGNAC (44570), this company of category PME shows in 2024 a revenue of 2.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - 2LTP (SIREN 493570337)
Indicator 2024 2024 2023 2022 2021 2020 2019 2018 2017
Revenue N/C 2 727 134 € 2 431 604 € 2 310 007 € 2 104 964 € 1 952 065 € 1 924 262 € 1 625 814 € 1 285 607 €
Net income 78 660 € 282 372 € 337 267 € 207 448 € 204 450 € 188 339 € 154 862 € 154 344 € 88 406 €
EBITDA N/C 420 967 € 476 235 € 248 915 € 292 683 € 251 340 € 243 474 € 261 762 € 177 671 €
Net margin N/C 10.4% 13.9% 9.0% 9.7% 9.6% 8.0% 9.5% 6.9%

Revenue and income statement

In 2024, 2LTP generates positive net income of 79 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2017-2024: 88 k€ -> 79 k€.

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

78 660 €

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 55%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 39%. 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

55.281%

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

38.673%

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

54.7%

Solvency indicators evolution
2LTP

Sector positioning

Debt ratio
55.28 2024
2023
2024
2024
Q1: 7.65
Med: 32.36
Q3: 83.34
Average +9 pts over 3 years

In 2024, the debt ratio of 2LTP (55.28) 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
38.67% 2024
2023
2024
2024
Q1: 20.63%
Med: 39.04%
Q3: 56.1%
Average

In 2024, the financial autonomy of 2LTP (38.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.22 years 2024
2023
2024
Q1: 0.0 years
Med: 0.6 years
Q3: 2.11 years
Good -8 pts over 2 years

In 2024, the repayment capacity of 2LTP (0.22) 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 244.19. 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

244.195

Liquidity indicators evolution
2LTP

Sector positioning

Liquidity ratio
244.19 2024
2023
2024
2024
Q1: 141.64
Med: 199.63
Q3: 301.04
Good +8 pts over 3 years

In 2024, the liquidity ratio of 2LTP (244.19) 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
0.15x 2024
2023
2024
Q1: 0.0x
Med: 0.91x
Q3: 4.8x
Average

In 2024, the interest coverage of 2LTP (0.1x) 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.

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
2LTP

Positioning of 2LTP in its sector

Comparison with sector Travaux de terrassement courants et travaux préparatoires

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 55 295€ to 1 077 296€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
55k€ 174k€ 1077k€
174 382 € Range: 55 295€ - 1 077 296€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 22 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 (Travaux de terrassement courants et travaux préparatoires)

Compare 2LTP with other companies in the same sector:

Frequently asked questions about 2LTP

What is the revenue of 2LTP ?

The revenue of 2LTP in 2024 is 2.7 M€.

Is 2LTP profitable?

Yes, 2LTP generated a net profit of 79 k€ in 2024.

Where is the headquarters of 2LTP ?

The headquarters of 2LTP is located in TRIGNAC (44570), in the department Loire-Atlantique.

Where to find the tax return of 2LTP ?

The tax return of 2LTP 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 2LTP operate?

2LTP operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.